VCSH - Vanguard Short-Term Corporate Bond ETF

Seeks to provide current income with modest price fluctuation. Invests primarily in high-quality (investment-grade) corporate bonds. Maintains a dollar-weighted average maturity of 1 to 5 years.

As of May 15, 2026: spot at $78.80, ATM IV 2.7%, net GEX -$415.6K.

Sector
Financial Services
Industry
Asset Management - Bonds
Market Cap
$49.18B
Beta
0.42
52-Week Range
78.56-80.26
Dividend Yield
$3.51
IPO Date
Nov 23, 2009
Exchange
NASDAQ

What VCSH Looks Like to Options Traders Today

IV rank of 0.4% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); negative net gamma exposure (-$415.6K) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (0.010) is roughly flat across the wings.

What This Page Covers

The VCSH overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked VCSH overview questions

What is VCSH?
VCSH is the ticker symbol for Vanguard Short-Term Corporate Bond ETF, an listed exchange-traded fund. Seeks to provide current income with modest price fluctuation. Invests primarily in high-quality (investment-grade) corporate bonds. Listed on NASDAQ. VCSH is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What does the VCSH options snapshot look like today?
As of May 15, 2026, the VCSH options snapshot shows spot at $78.80, ATM IV 2.7%, IV rank 0.4%, net GEX -$415.6K, expected move 0.77%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are VCSH's key statistics?
Vanguard Short-Term Corporate Bond ETF (VCSH) carries a market capitalization of $49.18B, 52-week range of 78.56-80.26. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does VCSH belong to?
Vanguard Short-Term Corporate Bond ETF operates in the Financial Services sector, in the Asset Management - Bonds industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare VCSH's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the VCSH data on this page?
The options snapshot above is dated May 15, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.