Bloomberg benchmark methodology

 

Bloomberg is the leading provider of fixed income indexes, offering unmatched market coverage and a full suite of customized solutions for client benchmarking/beta needs. The index platform brings together the family of broad-based fixed income benchmarks published by Lehman Brothers since 1973 and Bloomberg’s market leading family of inflation-linked and swaps indexes.

To ensure accurate reflection of a given market, the Bloomberg indexes we seek to track contain only those bonds that are available on the open market. Bonds must also pass screens for liquidity (in most cases a minimum size of USD 240 million) and quality (minimum of BBB_ or higher) to be included in an index. Bloomberg rebalances its indexes monthly.

Bloomberg website

Vanguard ETFs and their Bloomberg benchmark

Vanguard ETF

Ticker

Target index

Total expense ratio

ESG U.S. Corporate Bond ETF

VCEB

Bloomberg MSCI US Corporate SRI Select Index

0.12%

EUR Corporate Bond UCITS ETF (EUR) Accumulating

VECA

Bloomberg Euro Aggregate: Corporates Index

0.09%

EUR Corporate Bond UCITS ETF (EUR) Distributing

VECP

Bloomberg Euro Aggregate: Corporates Index

0.09%

EUR Eurozone Government Bond UCITS ETF (EUR) Accumulating

VGEA

Bloomberg Euro Aggregate: Treasury Index

0.07%

EUR Eurozone Government Bond UCITS ETF (EUR) Distributing

VETY

Bloomberg Euro Aggregate: Treasury Index

0.07%

Emerging Markets Government Bond ETF

VWOB

Bloomberg USD Emerging Markets Government RIC Capped Index

0.25%

Extended Duration Treasury ETF

EDV

Bloomberg U.S. Treasury Strips 20-30 Year Equal Par Bond Index

0.07%

Global Aggregate Bond UCITS ETF USD Hedged Accumulating

VAGU

Bloomberg Global Aggregate Float Adjusted and Scaled Index in USD

0.10%

Intermediate-Term Bond ETF

BIV

Bloomberg U.S. 5-10 Year Government/Credit Float Adjusted Index

0.05%

Intermediate-Term Corporate Bond ETF

VCIT

Bloomberg U.S. 5-10 Year Corporate Bond Index

0.05%

Intermediate-Term Treasury ETF

VGIT

Bloomberg U.S. Treasury 3-10 Year Index

0.05%

Long-Term Bond ETF

BLV

Bloomberg U.S. Long Government/Credit Float Adjusted Index

0.05%

Long-Term Corporate Bond ETF

VCLT

Bloomberg U.S. 10+ Year Corporate Bond Index

0.05%

Long-Term Treasury ETF

VGLT

Bloomberg U.S. Long Treasury Bond Index

0.05%

Mortgage-Backed Securities ETF

VMBS

Bloomberg U.S. MBS Float Adjusted Index

0.05%

Short-Term Bond ETF

BSV

Bloomberg U.S. 1-5 Year Government/Credit Float Adjusted Index

0.05%

Short-Term Corporate Bond ETF

VCSH

Bloomberg U.S. 1-5 Year Corporate Bond Index

0.05%

Short-Term Inflation-Protected Securities ETF

VTIP

Bloomberg U.S. 0-5 Year Treasury Inflation Protected Securities Index

0.05%

Short-Term Treasury ETF

VGSH

Bloomberg U.S. 1-3 Year Treasury Index

0.05%

Total Bond Market ETF

BND

Bloomberg U.S. Aggregate Float Adjusted Index

0.04%

Total Corporate Bond ETF

VTC

Bloomberg U.S. Corporate Bond Index

0.05%

Total International Bond ETF

BNDX

Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index Hedged

0.08%

Total World Bond ETF

BNDW

Bloomberg Global Aggregate Float Adjusted Composite Index

0.06%

U.S. Treasury 0-1 Year Bond UCITS ETF (USD) Accumulating

VDST

Bloomberg Short Treasury Index

0.07%

U.S. Treasury 0-1 Year Bond UCITS ETF MXN Hedged Accumulating

VMSTx

Bloomberg Short Treasury Index in MXN

0.12%

USD Corporate 1-3 Year Bond UCITS ETF (USD) Accumulating

VDCA

Bloomberg Global Aggregate Corporate – United States Dollar Index 1-3 Year

0.09%

USD Corporate 1-3 Year Bond UCITS ETF (USD) Distributing

VDUC

Bloomberg Global Aggregate Corporate – United States Dollar Index 1-3 Year

0.09%

USD Corporate Bond UCITS ETF (USD) Accumulating

VDPA

Bloomberg Global Aggregate Corporate – United States Dollar Index

0.09%

USD Corporate Bond UCITS ETF (USD) Distributing

VDCP

Bloomberg Global Aggregate Corporate – United States Dollar Index

0.09%

USD Emerging Markets Government Bond UCITS ETF (USD) Accumulating

VDEA

Bloomberg EM USD Sovereign + Quasi-Sov Index

0.25%

USD Emerging Markets Government Bond UCITS ETF (USD) Distributing

VDET

Bloomberg EM USD Sovereign + Quasi-Sov Index

0.25%

USD Treasury Bond UCITS ETF (USD) Accumulating

VDTA

Bloomberg Global Aggregate US Treasury Float Adjusted Index

0.07%

USD Treasury Bond UCITS ETF (USD) Distributing

VDTY

Bloomberg Global Aggregate US Treasury Float Adjusted Index

0.07%