5 Best Vanguard Funds for Retirement

4. Vanguard Ultra-Short Bond ETF

Vanguard Ultra-Short Bond ETF invests in a diversified portfolio of high-quality and medium-quality fixed-income securities. The fund is expected to maintain a dollar-weighted average maturity of 0 to 2 years. This ETF is suitable for conservative investors who don’t want a lot of risks. As the ETF generates current income, it’s also a good choice for income investors.  This ETF is also preferred by those who want to avoid fluctuations caused by interest rate volatility since the fund typically holds short-term bonds.