ZROZvsVGSHETF Comparison

ETF 1

ZROZ

PIMCO 25+ Year Zero Coupon U.S. Treasury Index ETF

This fund is part of

US Government Bonds

-0.02%

Full ZROZ fund page

ETF 2

VGSH

Vanguard Short-Term Treasury ETF

This fund is part of

US Government Bonds

-0.02%

Full VGSH fund page

PIMCO 25+ Year Zero Coupon U.S. Treasury Index ETF (ZROZ) and Vanguard Short-Term Treasury ETF (VGSH) belong to the same industry segment: US Government Bonds. Both ETFs have the same top 1 sector exposures: Sovereign. ZROZ is more expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.03% for VGSH. ZROZ is down -6.14% year-to-date (YTD) with +$371M in YTD flows. VGSH performs better with 1.09% YTD performance, and +$11.04B in YTD flows. Run a side-by-side ETF comparison of ZROZ and VGSH below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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ZROZ vs VGSH performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 10/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	ZROZ VGSH	+6.55%+0.74%	-2.84%+0.46%	-6.14%+1.09%	-13.57%+1.74%	+0.36%+12.88%	-53.60%+10.45%
Flows	ZROZ VGSH	+$24M+$1.22B	+$507M+$6.50B	+$371M+$11.04B	+$315M+$12.27B	+$1.08B+$14.15B	+$2.15B+$23.72B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	ZROZ VGSH	+19.75%+1.40%	+16.11%+1.30%	+20.73%+1.55%	+23.76%+1.96%
Max drawdown	ZROZ VGSH	-13.46%-0.92%	-22.75%-0.92%	-33.12%-0.96%	-61.27%-5.46%
Max drawdown duration	ZROZ VGSH	91d63d	364d63d	771d122d	1787d795d

Trading data

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	ZROZ	VGSH
Last sale 10/28/2026 at 1:36 PM	$58.90	$57.73
Previous close 10/27/2026	$58.77	$57.75
Consolidated volume 10/27/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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	ZROZ	VGSH
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/28/2026 at 1:36 PM

Live

Closed

	ZROZ	VGSH
Last price	$58.90	$57.73
1D performance	+0.21%	-0.03%
AuM	$1.84 B	$36.31 B
E/R	0.15%	0.03%

Characteristics

	ZROZ	VGSH
Management strategy	Passive	Passive
Provider	PIMCO	Vanguard
Benchmark	ICE BofA Long US Treasury Principal STRIPS Index	Bloomberg US Treasury 1-3 Year Index
N° of holdings	21	91
Asset class	Bonds	Fixed Income
Trailing 12m distribution yield	Join	Join
Inception date	October 30, 2009	November 19, 2009
ESG	No	No

More ZROZ data on Trackinsight

More VGSH data on Trackinsight

Exposure

Countries

ZROZ

USA

95.56%

Other

4.44%

VGSH

USA

97.29%

Other

2.71%

Sectors

ZROZ

Sovereign

95.56%

Other

4.44%

VGSH

Sovereign

97.29%

Other

2.71%

Diversification

ZROZ

Total weight of top 15 holdings out of 15

78.28%

VGSH

Total weight of top 15 holdings out of 15

20.56%

Top 15 holdings

Data as of August 31, 2026

ZROZ

USA, STRIPS 0% 15feb2052, USD (10957D)

5.67%

USA, STRIPS 0% 15may2052, USD (10958D)

5.52%

USA, STRIPS 0% 15nov2051, USD (10957D)

5.42%

USA, STRIPS 0% 15aug2052, USD (10958D)

5.37%

USA, STRIPS 0% 15feb2053, USD (10958D)

5.35%

USA, STRIPS 0% 15nov2052, USD (10958D)

5.32%

USA, STRIPS 0% 15nov2053, USD (10958D)

5.32%

USA, STRIPS 0% 15aug2051, USD (10956D)

5.25%

USA, STRIPS 0% 15aug2053, USD (10958D)

5.23%

USA, STRIPS 0% 15may2053, USD (10958D)

5.23%

USA, STRIPS 0% 15feb2055, USD (10954D)

5.09%

USA, STRIPS 0% 15feb2056, USD (10955D)

4.99%

USA, STRIPS 0% 15nov2054, USD (10957D)

4.94%

USA, STRIPS 0% 15may2054, USD (10957D)

4.85%

USA, STRIPS 0% 15aug2055, USD (10957D)

4.73%

VGSH

USA, Notes 3.5% 31jan2028, USD (U-2028)

2.05%

USA, Notes 4.625% 30apr2029, USD (Y-2029)

1.43%

USA, Notes 4% 31jul2029, USD (AB-2029)

1.39%

USA, Notes 3.875% 15jul2028, USD (AQ-2028)

1.36%

USA, Notes 4.25% 30jun2029, USD (AA-2029)

1.35%

USA, Notes 4.5% 31may2029, USD (Z-2029)

1.34%

USA, Notes 3.625% 31aug2029, USD (AC-2029)

1.33%

USA, Notes 1.125% 29feb2028, USD (H-2028)

1.32%

USA, Notes 4.25% 28feb2029, USD (V-2029)

1.31%

USA, Notes 2.875% 15may2028, USD (C-2028)

1.31%

USA, Notes 4.25% 15jan2028, USD (AJ-2028)

1.29%

USA, Notes 3.5% 31oct2027, USD (BJ-2027)

1.28%

USA, Notes 3.375% 29feb2028, USD (AY-2028)

1.28%

USA, Notes 2.875% 15aug2028, USD (E-2028)

1.27%

USA, Notes 1.25% 30apr2028, USD (K-2028)

1.26%

Frequently asked questions about ZROZ and VGSH

How have the ZROZ and VGSH ETFs performed in 2026?

As of October 27, 2026, ZROZ is down -6.14% year-to-date (YTD), while VGSH has returned 1.09%. That puts VGSH better performer ahead so far this year.

Which ETF is attracting more investor money: ZROZ or VGSH?

Year-to-date, the ZROZ ETF saw +$371M in flows, compared to +$11.04B for VGSH.

Which ETF is more volatile: ZROZ or VGSH?

Over the past year, ZROZ had a volatility of 16.11%, while VGSH experienced 1.3%.

Which ETF is bigger: ZROZ or VGSH?

As of October 27, 2026, ZROZ holds $1.84 B in assets under management (AUM), while VGSH manages $36.31 B.

What sectors do the ZROZ and VGSH ETFs invest in?

ZROZ leans toward sectors like Sovereign. Meanwhile, VGSH focuses on Sovereign.

What are the top holdings of the ZROZ ETF and VGSH ETF?

ZROZ top holdings include USA, STRIPS 0% 15feb2052, USD (10957D), USA, STRIPS 0% 15may2052, USD (10958D) and USA, STRIPS 0% 15nov2051, USD (10957D). VGSH holds in its top three: USA, Notes 3.5% 31jan2028, USD (U-2028), USA, Notes 4.625% 30apr2029, USD (Y-2029) and USA, Notes 4% 31jul2029, USD (AB-2029).

ZROZvsVGSHETF Comparison

PIMCO 25+ Year Zero Coupon U.S. Treasury Index ETF

Vanguard Short-Term Treasury ETF

ZROZ vs VGSH performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the ZROZ and VGSH ETFs performed in 2026?

As of October 27, 2026, ZROZ is down -6.14% year-to-date (YTD), while VGSH has returned 1.09%. That puts VGSH better performer ahead so far this year.

Which ETF is attracting more investor money: ZROZ or VGSH?

Year-to-date, the ZROZ ETF saw +$371M in flows, compared to +$11.04B for VGSH.

Which ETF is more volatile: ZROZ or VGSH?

Over the past year, ZROZ had a volatility of 16.11%, while VGSH experienced 1.3%.

Which ETF is bigger: ZROZ or VGSH?

As of October 27, 2026, ZROZ holds $1.84 B in assets under management (AUM), while VGSH manages $36.31 B.

What sectors do the ZROZ and VGSH ETFs invest in?

ZROZ leans toward sectors like Sovereign. Meanwhile, VGSH focuses on Sovereign.

What are the top holdings of the ZROZ ETF and VGSH ETF?

Which ETF is more diversified: ZROZ or VGSH?

ZROZ holds 21 securities with 78.28% of its assets in the top 15. VGSH has 92 securities and a top 15 weight of 20.56%.

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