# Portfolio overlap — USTB vs VFSTX Comparing **VictoryShares Short-Term Bond ETF** (2026-03-31) and **VANGUARD SHORT-TERM INVESTMENT-GRADE FUND** (2026-01-31). - Shared positions: 176 - VictoryShares Short-Term Bond ETF covered by VANGUARD SHORT-TERM INVESTMENT-GRADE FUND: 0.06223867925442522759676606189 - VANGUARD SHORT-TERM INVESTMENT-GRADE FUND covered by VictoryShares Short-Term Bond ETF: 0.06223867925442522759676606188 ## VictoryShares Short-Term Bond ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | US TREASURY N/B | 0.019376 | | | US TREASURY N/B | 0.017448 | ✓ | | US TREASURY N/B | 0.015306 | | | US TREASURY N/B | 0.014638 | | | US TREASURY N/B | 0.013880 | | | US TREASURY N/B | 0.011048 | | | US TREASURY N/B | 0.007452 | | | US TREASURY N/B | 0.006458 | | | Keurig Dr Pepper Inc | 0.005426 | | | DELTA/SKYMILES | 0.005165 | ✓ | | C V6.25 PERP T | 0.005087 | | | Texas Capital Bancshares, Inc. | 0.004995 | | | OTEXCN 6.9 12/01/27 144A | 0.004952 | | | AXP 3.55 PERP | 0.004739 | | | ALGONQUIN POWER | 0.004436 | | | SCHW V4 PERP I | 0.004282 | | | XYZ 2.75 06/01/26 | 0.004101 | | | MTB F 01/15/27 | 0.004046 | | | EVERGY MISSOURI WEST INC | 0.003955 | | | UBS GROUP | 0.003942 | ✓ | | HIGHMARK INC SR UNSECURED 144A 05/26 1.45 | 0.003900 | ✓ | | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | 0.003706 | | | PENSKE TRUCK LEASING/PTL SR UNSECURED 144A 04/27 4.2 | 0.003509 | | | OLD REPUB INTL | 0.003458 | | | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc. | 0.003449 | ✓ | | Ontario Teachers' Cadillac Fairview Properties Trust | 0.003448 | | | ROCKWELL COLLINS INC | 0.003427 | | | VORNADO REALTY LP SR UNSECURED 06/26 2.15 | 0.003392 | | | ATHENE GLOBAL FUNDING SECURED 144A 01/27 4.95 | 0.003224 | | | PRINCIPAL LIFE GLOBAL FUNDING II | 0.003118 | | | OVINTIV INC | 0.003113 | | | ENSTAR FINANCE | 0.003106 | | | PHOENIX GROUP HOLDINGS PLC | 0.003059 | | | Medline Borrower, L.P. | 0.003027 | ✓ | | VALLOUREC SACA SR UNSECURED 144A 04/32 7.5 | 0.003019 | | | BLACKSTONE PRIVA | 0.002950 | | | US Bancorp Variable Rate, Due 12/29/2049 | 0.002905 | | | MATTEL INC REGD 144A P/P 5.87500000 | 0.002870 | | | TORONTO DOM BANK | 0.002854 | | | FULTON FINANCIAL CORP | 0.002841 | | | ELEMENT FLEET MA | 0.002833 | | | Bank of America Corp., Series TT | 0.002807 | | | T-MOBILE USA INC | 0.002807 | | | Wingspire Equipment Finance LLC, Series 2025-1A, Class D | 0.002765 | | | ALLY FINL. INC F2V | 0.002756 | | | BK 3.7 PERP | 0.002728 | | | VICI PROPERTIES | 0.002724 | | | ILLINOIS CENTRAL RAILROAD CO | 0.002681 | | | HORACE MANN EDUC | 0.002680 | | | OLYMPUS CORP SR UNSECURED 144A 12/26 2.143 | 0.002629 | | ## VANGUARD SHORT-TERM INVESTMENT-GRADE FUND — top positions | Security | Weight | Shared | |----------|--------|--------| | US TREASURY N/B | 0.007858 | | | US TREASURY N/B | 0.007126 | | | Vanguard Market Liquidity Fund | 0.006747 | | | US TREASURY N/B | 0.006103 | | | ABBVIE INC | 0.005884 | | | BOEING CO | 0.005747 | | | US TREASURY N/B | 0.005738 | | | US TREASURY N/B | 0.005516 | | | US TREASURY N/B | 0.005380 | | | US TREASURY N/B | 0.005200 | | | US TREASURY N/B | 0.004970 | | | US TREASURY N/B | 0.004948 | | | US TREASURY N/B | 0.004785 | | | US TREASURY N/B | 0.004769 | | | PFIZER INVSTMNT | 0.004401 | | | MARS INC SR UNSECURED 144A 03/28 4.6 | 0.003806 | | | UNITED MEXICAN | 0.003641 | | | META PLATFORMS | 0.003543 | | | BAT INTL FINANCE | 0.003410 | | | MARS INC | 0.003189 | | | NETFLIX INC | 0.003172 | | | Mexico Government International Bonds | 0.003105 | | | LOWE'S COS INC | 0.003018 | | | AMGEN INC | 0.002878 | | | REGIONS FINL | 0.002827 | | | ORACLE CORP | 0.002793 | | | MORGAN STANLEY | 0.002743 | | | BAT CAPITAL CORP | 0.002691 | | | KSA SUKUK LTD | 0.002662 | | | UNITED MEXICAN | 0.002645 | | | COF V5.463 07/26/30 | 0.002599 | | | US TREASURY N/B | 0.002585 | | | The Goldman Sachs Group, Inc. 4.153 10/21/2029 | 0.002577 | | | AT&T INC | 0.002543 | | | UBS GROUP | 0.002504 | | | AMEREN CORP | 0.002503 | | | PNC FINANCIAL | 0.002496 | | | SAUDI INTERNATIONAL BOND 5.125000% 01/13/2028 | 0.002474 | | | US TREASURY N/B | 0.002389 | | | ROYAL BK CANADA | 0.002345 | | | NORTHROP GRUMMAN | 0.002345 | | | GOLDMAN SACHS GP | 0.002341 | | | GOLDMAN SACHS GP | 0.002339 | | | SPRINT CAP CORP | 0.002331 | | | GOLDMAN SACHS GP | 0.002308 | | | US TREASURY N/B | 0.002284 | | | FIFTH THIRD BANC | 0.002257 | | | US TREASURY N/B | 0.002234 | ✓ | | ABBVIE INC | 0.002212 | | | T-MOBILE USA INC | 0.002203 | | ## Sources - N-PORT (fund A) — accession `0001004726-26-004313` (as of 2026-03-31) - N-PORT (fund B) — accession `0000106444-26-000145` (as of 2026-01-31) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _