# Vanguard ESG Developed Europe All Cap UCITS ETF -EUR (V3EL) **Page:** https://fundology.uk/fund/v3el · ISIN IE000NRGX9M3 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, V3EL (Vanguard ESG Developed Europe All Cap UCITS ETF -EUR, ISIN IE000NRGX9M3) closed at £6.06 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000). Over the three years to 13/11/2026 its total return was +34.4%, or +21.4% after UK CPIH inflation. ## Summary Vanguard ESG Developed Europe All Cap UCITS ETF -EUR is an exchange-traded fund (ETF) from Vanguard, launched in 2022. It tracks the FTSE Developed Europe All Cap Choice Index — large and medium-sized European companies. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.12% a year — about £12 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. Latest close: **£6.06** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | V3EL | | ISIN | IE000NRGX9M3 | | Also listed as | V3DL (Xetra, euros) | | Category | European shares | | Type | ETF | | Provider | Vanguard | | Tracks | FTSE Developed Europe All Cap Choice Index | | Income | Distributing | | Ongoing charge | 0.12% a year (£12 per £10,000) | | Fund size | £31.2m | | Launched | 2022 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 16/08/2022 | ## Income and distributions > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 14/11/2026, the latest distribution of V3EL was €0.021632 per share: it went ex-dividend on 17/09/2026 and was paid on 30/09/2026. In the 12 months to 14/11/2026 V3EL declared 4 distributions, together €0.182964 per share. V3EL has a distribution yield of 2.60% as at 31/10/2026. Latest distributions of V3EL per share, as of 14/11/2026: | Ex-dividend date | Payment date | Amount per share | |---|---|---| | 17/09/2026 | 30/09/2026 | €0.021632 | | 18/06/2026 | 01/07/2026 | €0.120821 | | 19/03/2026 | 01/04/2026 | €0.019736 | | 18/12/2025 | 31/12/2025 | €0.020775 | | 18/09/2025 | 01/10/2025 | €0.016833 | | 19/06/2025 | 02/07/2025 | €0.116126 | | 20/03/2025 | 02/04/2025 | €0.020427 | | 12/12/2024 | 27/12/2024 | €0.019732 | V3EL declares its distributions in euros; what reaches an account in pounds depends on the exchange rate the platform uses. Distributions are not guaranteed: they can rise, fall or stop. Future dates are set and announced by the fund manager. 17 distributions are on record since 15/09/2022. ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +11.01% | +7.07% | income reinvested | | 3 years | +34.39% | +21.42% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Vanguard ESG Developed Europe All Cap UCITS ETF -EUR in pounds (price only, income paid out not included): 2023 +10.7%, 2024 +1.8%, 2025 +19.9%; 2026 to 13/11/2026 +6.6%. Returns of Vanguard ESG Developed Europe All Cap UCITS ETF -EUR in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +7.5%; to 30/09/2025: +9.7%; to 30/09/2024: +14.7%; to 30/09/2023: +14.1%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2023 | +10.7% | +6.3% | Price | | 2024 | +1.8% | -1.7% | Price | | 2025 | +19.9% | +15.8% | Price | | 2026 to 13/11/2026 | +6.6% | +3.2% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 14.34% | -11.84% | | 3 years | 12.66% | -11.84% | ## Largest fall Volatility of Vanguard ESG Developed Europe All Cap UCITS ETF -EUR in pounds, annualised from weekly returns to 13/11/2026: 14.3% over 1 year, 12.7% over 3 years. Largest fall in the price of Vanguard ESG Developed Europe All Cap UCITS ETF -EUR since August 2022, in pounds: −11.8% from 27/02/2026 to 20/03/2026. The lowest 12-month return of Vanguard ESG Developed Europe All Cap UCITS ETF -EUR in pounds (price only, income paid out not included) since August 2022 was −2.6% (12 months to 04/04/2025); the highest was +21.0% (12 months to 17/04/2026). On 13/11/2026 the price of Vanguard ESG Developed Europe All Cap UCITS ETF -EUR was 1.1% below its highest weekly close since August 2022 (07/08/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Vanguard ESG Developed Europe All Cap UCITS ETF -EUR 0.12% a year. Compared on 14/11/2026, 187 of the 242 other European share funds charge more, 17 the same and 38 less (share classes counted once). ## Funds tracking the same index 2 funds track FTSE Developed Europe All Cap Choice Index, this one included and share classes counted once; their ongoing charges range from 0.12% to 0.12% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Vanguard ESG Developed Europe All Cap UCITS ETF -EUR (this fund) | 0.12% | +11.0% | +34.4% | — | | Vanguard ESG Developed Europe All Cap UCITS ETF AccumEUR | 0.12% | +11.4% | — | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.12%** per year (as of 14/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 31/10/2026, V3EL holds 1,001 positions, according to its published holdings. The largest is ASML at 5.62% of the fund; the ten largest make up 24.8%. ### Top holdings Largest positions (as of 31/10/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | ASML | [ASML](https://fundology.uk/stock/ASML) | 5.62% | | 2 | Roche | [RO](https://fundology.uk/stock/RO) | 3.32% | | 3 | Novartis | [NOVN](https://fundology.uk/stock/NOVN) | 2.80% | | 4 | AstraZeneca | [AZN](https://fundology.uk/stock/AZN) | 2.59% | | 5 | Nestle | [NESN](https://fundology.uk/stock/NESN) | 2.45% | | 6 | SAP | [SAP](https://fundology.uk/stock/SAP) | 2.13% | | 7 | Allianz | [ALV](https://fundology.uk/stock/ALV) | 1.72% | | 8 | Banco Santander | [SAN](https://fundology.uk/stock/SAN) | 1.51% | | 9 | UBS Group | [UBSG](https://fundology.uk/stock/UBSG) | 1.36% | | 10 | Unilever | [ULVR](https://fundology.uk/stock/ULVR) | 1.25% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By sector Added up from the fund’s published holdings, as of 31/10/2026. | Sector | Weight | |---|---| | Financials | 30.9% | | Health Care | 18.9% | | Information Technology | 11.3% | | Industrials | 10.3% | | Consumer Staples | 8.7% | | Consumer Discretionary | 6.9% | | Communication Services | 4.1% | | Materials | 3.5% | | Other sectors | 2.8% | | Not classified | 1.2% | ### By country Added up from the fund’s published holdings, as of 31/10/2026. | Country | Weight | |---|---| | United Kingdom | 18.3% | | Switzerland | 17.6% | | Germany | 12.6% | | Netherlands | 10.0% | | France | 8.7% | | Sweden | 7.1% | | Spain | 5.3% | | Italy | 5.2% | | Other countries | 12.5% | | Not classified | 1.2% | ### By type of asset Added up from the fund’s published holdings, as of 31/10/2026. | Type of asset | Weight | |---|---| | Equity | 97.3% | | Cash and money market | 1.2% | The 833 holdings on record (of 1,001 reported): https://fundology.uk/fund/v3el/holdings ## Questions people ask **What is the ongoing charge of V3EL?** The ongoing charge of V3EL is 0.12% a year — about £12 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Vanguard ESG Developed Europe All Cap UCITS ETF -EUR 0.12% a year. Compared on 14/11/2026, 187 of the 242 other European share funds charge more, 17 the same and 38 less (share classes counted once). **What does V3EL track?** V3EL tracks the FTSE Developed Europe All Cap Choice Index — large and medium-sized European companies. **Is V3EL accumulating or distributing?** V3EL is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly. **When does V3EL pay dividends?** V3EL pays its income out quarterly. In the 12 months to 14/11/2026 it went ex-dividend on 18/12/2025, 19/03/2026, 18/06/2026 and 17/09/2026. The latest distribution went ex-dividend on 17/09/2026 and was paid on 30/09/2026. Future dates are set and announced by the fund manager; distributions are not guaranteed and can change. **What is V3EL’s dividend yield?** V3EL has a distribution yield of 2.60% as at 31/10/2026. In UK fund terms, a distribution yield is the income expected to be paid over the next 12 months as a percentage of the price on that date — an estimate, not a promise. Yields change with the fund’s price and income; a yield describes the fund, not what any investor will receive. **What is the ISIN of V3EL?** The ISIN of V3EL is IE000NRGX9M3. An ISIN identifies one exact share class of a fund; V3EL is its ticker on the London Stock Exchange. The same share class is also listed as V3DL (Xetra, euros). **What does V3EL hold?** As of 31/10/2026, V3EL holds 1,001 positions, according to its published holdings. The largest is ASML at 5.62% of the fund; the ten largest make up 24.8%. Its ten largest holdings are ASML (5.62%), Roche (3.32%), Novartis (2.80%), AstraZeneca (2.59%), Nestle (2.45%), SAP (2.13%), Allianz (1.72%), Banco Santander (1.51%), UBS Group (1.36%) and Unilever (1.25%). **What were V3EL’s returns in each of the last five years?** Calendar-year returns of V3EL in pounds (price only, income paid out not included): 2023 +10.7%, 2024 +1.8%, 2025 +19.9%; 2026 to 13/11/2026 +6.6%. Past performance is not a guide to future returns. **How has V3EL done after inflation?** Over the three years to 13/11/2026 V3EL’s total return was +34.4%, or +21.4% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at Vanguard](https://www.vanguard.co.uk/professional/product/etf/equity/E035/esg-developed-europe-all-cap-ucits-etf-eur-distributing) - [Key investor information document (KIID)](https://fund-docs.vanguard.com/ie000nrgx9m3-en.pdf) - [Factsheet](https://fund-docs.vanguard.com/ESG_Developed_Europe_All_Cap_UCITS_ETF_EUR_Distributing_E035_EU_INT_UK_EN.pdf) - Links checked 12/10/2026. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.