Core Insights - The Vanguard Short-Term Corporate Bond ETF (VCSH) and the iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) provide exposure to short-term, investment-grade U.S. corporate bonds, with key differences in diversification and cost [1][2] Cost & Size Comparison - VCSH has an expense ratio of 0.03% and assets under management (AUM) of $46.2 billion, while IGSB has an expense ratio of 0.04% and AUM of $22.5 billion [3] - The one-year return for VCSH is 1.99% compared to IGSB's 2.08%, and the dividend yield for VCSH is 4.22% versus IGSB's 4.29% [3] Performance & Risk Comparison - The maximum drawdown over five years for VCSH is -9.48%, while IGSB is slightly lower at -9.46% [4] - The growth of a $1,000 investment over five years is $963.71 for VCSH and $964.33 for IGSB, indicating similar performance [4] Portfolio Composition - IGSB holds a total of 4,435 investment-grade U.S. corporate bonds, providing substantial diversification [5] - VCSH has a smaller portfolio with 2,552 bond holdings, also focusing on investment-grade corporate bonds with a similar maturity range [6] Investment Considerations - The primary distinction between the two funds lies in diversification, with IGSB offering a broader range of bonds [8] - VCSH's larger AUM may provide greater liquidity and potentially lower fees, which could be a consideration for long-term investors [9]