Vanguard Global Government Bond UCITS ETF
(VGGU) Vanguard Global Government Bond UCITS ETF - USD Hedged Accumulating
Related documents
About this fund
Fund objectives
- The Fund employs a passive management – or indexing – investment approach, through physical acquisition of securities, and seeks to track the performance of the Bloomberg Global Treasury Developed Countries Float Adjusted Index (the “Index”).
- The Fund will invest in a portfolio of local currency government bonds (including callable bonds) from developed countries (as determined by the index provider) that insofar as possible and practicable consists of a representative sample of the component securities of the Index.
- The index is designed to reflect the universe of float adjusted fixed-rate, investment-grade, local currency government debt of developed (as determined by the index provider) countries. The bonds must have a maturity of at least one year.
- To a lesser extent the Fund may invest in similar types of bonds outside the Index, but whose risk and return characteristics closely resemble the risk and return characteristics of constituents of the Index or of the Index as a whole.
- The Fund invests in securities which are denominated in currencies other than the base currency. Movements in currency exchange rates can affect the return of investments. Currency hedging techniques are used to minimise the risks associated with movements in currency exchange rates, where the Fund invests in securities denominated in currencies other than the listing currency, but these risks cannot be eliminated entirely. As this document relates to a share class where such techniques are used, the performance (see "Performance") of this share class is shown against the currency hedged version of the Index.
- The Fund attempts to remain fully invested except in extraordinary market, political or similar conditions where the Fund may temporarily depart from this investment policy to avoid losses.
- While the Fund is expected to track the Index as closely as possible, it typically will not match the performance of the targeted Index exactly, due to various factors such as expenses to be paid by the Fund and regulatory constraints. Details of these factors and the anticipated tracking error of the Fund are set out in the Prospectus.
Fund facts
Share class inception
Mar 25 2025
Listing date
Mar 27 2025
Investment structure
Irish UCITS
Share class assets'
Total assets
Risk indicator
Strategy
Index
Asset class
Bond
Investment Method
Physical
Index ticker
H38855US
Benchmark
Bloomberg Global Treasury Developed Countries Float Adjusted Index Hedged in USD
Dividend Schedule
—
Tax status
Austria, Italy, Switzerland and United Kingdom
Domicile
Ireland
Legal Entity
Vanguard Funds PLC
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Performance
Risk and Volatility
As at Sep 30 2026
Beta
—R²
—Alpha
—Standard Deviation
—Sharpe Ratio
—Please note Beta and R-squared data will only display for funds with 3 full years of history.
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Portfolio data
Characteristics
| Fundamentals | Fund | Benchmark | As at |
|---|---|---|---|
| Number of bonds | 997 | 1,371 | Sep 30 2026 |
| YTM (Yield to Maturity) effective | 4.5% | 4.5% | Sep 30 2026 |
| Average Duration | 6.4 Years | 6.4 Years | Sep 30 2026 |
| Average maturity | 8.5 Years | 8.4 Years | Sep 30 2026 |
| Cash Investment | -0.5% | — | Sep 30 2026 |
Market allocation
As at Sep 30 2026
| Country | Region | Fund | Benchmark | Variance +/- |
|---|---|---|---|---|
| United States of America | North America | 48.29% | 47.56% | 0.73% |
| Japan | Pacific | 10.13% | 10.18% | -0.05% |
| France | Europe | 7.33% | 7.27% | 0.06% |
| Italia | Europe | 6.62% | 6.55% | 0.07% |
| United Kingdom | Europe | 6.12% | 6.18% | -0.06% |
| Germany | Europe | 5.93% | 5.93% | 0.00% |
| España | Europe | 4.22% | 4.33% | -0.11% |
| Canada | North America | 2.08% | 2.17% | -0.09% |
| Australia | Pacific | 1.74% | 1.77% | -0.03% |
| Belgium | Europe | 1.57% | 1.51% | 0.06% |
| Netherlands | Europe | 1.28% | 1.23% | 0.05% |
| Austria | Europe | 0.97% | 1.06% | -0.09% |
| Finlandia | Europe | 0.59% | 0.54% | 0.05% |
| Portugal | Europe | 0.57% | 0.60% | -0.03% |
| Irlanda | Europe | 0.47% | 0.42% | 0.05% |
Distribution by credit quality (% of funds)
As at Sep 30 2026
| Credit Rating | Fund |
|---|---|
| AAA | 12.94% |
| AA | 55.56% |
| A | 24.26% |
| BBB | 6.89% |
| Not Rated | 0.35% |
Distribution by credit issuer
As at Sep 30 2026
| Issuers | Fund |
|---|---|
| Treasury/Federal | 99.65% |
| Cash | -0.55% |
| Other | 0.90% |
Distribution by credit maturity
As at Sep 30 2026
| Maturity | Fund |
|---|---|
| Under 1 Year | 0.35% |
| 1 - 5 Years | 48.30% |
| 5 - 10 Years | 26.34% |
| 10 - 15 Years | 6.57% |
| 15 - 20 Years | 6.97% |
| 20 - 25 Years | 3.77% |
| Over 25 Years | 7.71% |
Top 10 Holdings
As at Sep 30 2026
| Holding name | % of market value | Market value | Face amount | Coupon/Yield | Maturity date |
|---|---|---|---|---|---|
| United States Treasury Note/Bond | 0.65985% | $1,309,010.63 | 1,377,000 | 1.13% | Feb 29 2028 |
| French Republic Government Bond OAT | 0.56013% | $1,111,191.53 | 1,150,000 | 0.00% | Nov 25 2030 |
| Spain Government Bond | 0.55949% | $1,109,908.05 | 1,000,000 | 3.10% | Jul 30 2031 |
| French Republic Government Bond OAT | 0.48250% | $957,186.93 | 890,000 | 2.70% | Feb 25 2031 |
| French Republic Government Bond OAT | 0.47007% | $932,530.82 | 840,000 | 2.40% | Sep 24 2028 |
| Italy Buoni Poliennali Del Tesoro | 0.45912% | $910,811.53 | 820,000 | 3.45% | Jul 15 2031 |
| United States Treasury Note/Bond | 0.44890% | $890,531.25 | 1,050,000 | 1.13% | Feb 15 2031 |
| United States Treasury Note/Bond | 0.43668% | $866,289.85 | 890,000 | 3.50% | Oct 15 2028 |
| Spain Government Bond | 0.41771% | $828,661.10 | 740,000 | 2.40% | May 31 2028 |
| United States Treasury Note/Bond | 0.41211% | $817,547.19 | 853,000 | 4.63% | Feb 15 2035 |
Prices and distribution
Prices
NAV Price (USD)
$5.09
USDChange
+$0.030.52% As at Oct 15 2026
Market price (USD)
$5.09
Change
-$0.00-0.02% As at Oct 16 2026
NAV 52-week high
$5.26
As at Oct 16 2026
Market price 52-week high
$5.26
As at Oct 16 2026
NAV 52-week low
$5.04
As at Oct 16 2026
Market price 52-week low
$5.03
As at Oct 16 2026
NAV 52-week difference
$0.23
Change
+4.31% As at Oct 16 2026
Market price 52-week difference
$0.23
Change
+4.42% As at Oct 16 2026
Outstanding shares
1,048,211
As at Sep 30 2026
Discount
$0.00 —
Change
+0.07% As at Oct 16 2026
Historical Prices
-
Inception date
Mar 25 2025
Listing date
Mar 27 2025
| Date | NAV (USD) | Market price (USD) |
|---|---|---|
| Oct 16 2026 | — | $5.0930 |
| Oct 15 2026 | $5.0895 | $5.0940 |
| Oct 14 2026 | $5.0630 | $5.0560 |
| Oct 13 2026 | $5.0615 | $5.0620 |
| Oct 12 2026 | $5.0543 | $5.0570 |
| Oct 09 2026 | $5.0524 | $5.0525 |
| Oct 08 2026 | $5.0468 | $5.0410 |
| Oct 07 2026 | $5.0411 | $5.0385 |
| Oct 06 2026 | $5.0471 | $5.0510 |
| Oct 05 2026 | $5.0365 | $5.0410 |
Distribution history
Distribution frequency
—
Historical performance
—
All dividends are reinvested for the "Accumulation" shares.
Purchase information
Currencies and stock exchanges
Listed currencies: USD
Base currency:USD
Exchanges: London Stock Exchange, Bolsa Mexicana De Valores