# Vanguard ESG EUR Corporate Bond UCITS ETF Accum Shs- Hedged GBP (V3RP) **Page:** https://fundology.uk/fund/v3rp · ISIN IE000UQLOH05 ## 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, V3RP (Vanguard ESG EUR Corporate Bond UCITS ETF Accum Shs- Hedged GBP, ISIN IE000UQLOH05) closed at £6.12 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 +10.8%, or +0.1% after UK CPIH inflation. ## Summary Vanguard ESG EUR Corporate Bond UCITS ETF Accum Shs- Hedged GBP is an exchange-traded fund (ETF) from Vanguard, launched in 2022. It tracks the Bloomberg MSCI EUR Corporate Liquid Bond Screened Index - EUR - Benchmark TR Net. 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 reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **£6.12** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | V3RP | | ISIN | IE000UQLOH05 | | Category | Corporate & other bonds | | Type | ETF | | Provider | Vanguard | | Tracks | Bloomberg MSCI EUR Corporate Liquid Bond Screened Index - EUR - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.12% a year (£12 per £10,000) | | Fund size | £5.9m | | Launched | 2022 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 15/11/2022 | ## 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 | +2.64% | -0.99% | income reinvested | | 3 years | +10.77% | +0.07% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Vanguard ESG EUR Corporate Bond UCITS ETF Accum Shs- Hedged GBP in pounds (price, with income reinvested in the fund): 2023 +8.9%, 2024 +5.3%, 2025 +5.0%; 2026 to 13/11/2026 +1.1%. Returns of Vanguard ESG EUR Corporate Bond UCITS ETF Accum Shs- Hedged GBP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +0.3%; to 30/09/2025: +5.6%; to 30/09/2024: +10.8%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2023 | +8.9% | +4.6% | Price | | 2024 | +5.3% | +1.7% | Price | | 2025 | +5.0% | +1.4% | Price | | 2026 to 13/11/2026 | +1.1% | -2.1% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 3.64% | -2.50% | | 3 years | 3.31% | -2.50% | ## Largest fall Volatility of Vanguard ESG EUR Corporate Bond UCITS ETF Accum Shs- Hedged GBP in pounds, annualised from weekly returns to 13/11/2026: 3.6% over 1 year, 3.3% over 3 years. Largest fall in the price of Vanguard ESG EUR Corporate Bond UCITS ETF Accum Shs- Hedged GBP since November 2022, in pounds: −2.9% from 03/02/2023 to 03/03/2023. The lowest 12-month return of Vanguard ESG EUR Corporate Bond UCITS ETF Accum Shs- Hedged GBP in pounds (price, with income reinvested in the fund) since November 2022 was +0.1% (12 months to 23/10/2026); the highest was +12.0% (12 months to 18/10/2024). On 13/11/2026 the price of Vanguard ESG EUR Corporate Bond UCITS ETF Accum Shs- Hedged GBP was 1.1% below its highest weekly close since November 2022 (26/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Vanguard ESG EUR Corporate Bond UCITS ETF Accum Shs- Hedged GBP 0.12% a year. Compared on 14/11/2026, 349 of the 427 other corporate and other bond funds charge more, 26 the same and 52 less (share classes counted once). ## Funds tracking the same index 2 funds track Bloomberg MSCI EUR Corporate Liquid Bond Screened Index - EUR - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.09% to 0.12% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Vanguard ESG EUR Corporate Bond UCITS ETF Accum Shs- EUR | 0.09% | -5.6% | +3.6% | — | | Vanguard ESG EUR Corporate Bond UCITS ETF Accum Shs- Hedged GBP (this fund) | 0.12% | +2.6% | +10.8% | — | 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, V3RP holds 1,090 positions, according to its published holdings. The largest is Cash and cash equivalents at 0.51% of the fund; the ten largest make up 2.9%. ### Top holdings Largest positions (as of 31/10/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Cash and cash equivalents | — | 0.51% | | 2 | Credit Agricole SA/London 1.75% 05/03/2029 | — | 0.32% | | 3 | Mercedes-Benz Group AG 1.375% 11/05/2028 | — | 0.29% | | 4 | Banco Santander SA 4.875% 18/10/2031 | — | 0.26% | | 5 | Banco Santander SA 5.75% 23/08/2033 | — | 0.26% | | 6 | Danske Bank A/S 4.75% 21/06/2030 | — | 0.26% | | 7 | Morgan Stanley 5.148% 25/01/2034 | — | 0.26% | | 8 | Societe Generale SA 4.75% 28/09/2029 | — | 0.26% | | 9 | BNP Paribas SA 3.875% 23/02/2029 | — | 0.25% | | 10 | Credit Agricole SA 4.125% 07/03/2030 | — | 0.25% | ## 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 | 36.1% | | Communication Services | 6.0% | | Real Estate | 4.1% | | Consumer Discretionary | 4.1% | | Health Care | 3.9% | | Industrials | 3.7% | | Consumer Staples | 2.9% | | Information Technology | 2.5% | | Other sectors | 2.5% | | Not classified | 34.3% | ### By country Added up from the fund’s published holdings, as of 31/10/2026. | Country | Weight | |---|---| | United States | 19.1% | | France | 18.4% | | Netherlands | 13.3% | | Germany | 9.1% | | United Kingdom | 7.1% | | Spain | 6.1% | | Luxembourg | 3.4% | | Ireland | 3.1% | | Other countries | 19.8% | | Not classified | 0.5% | ### By type of asset Added up from the fund’s published holdings, as of 31/10/2026. | Type of asset | Weight | |---|---| | Bonds | 99.5% | | Cash and money market | 0.5% | The 1,081 holdings on record (of 1,090 reported): https://fundology.uk/fund/v3rp/holdings ## Questions people ask **What is the ongoing charge of V3RP?** The ongoing charge of V3RP 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 EUR Corporate Bond UCITS ETF Accum Shs- Hedged GBP 0.12% a year. Compared on 14/11/2026, 349 of the 427 other corporate and other bond funds charge more, 26 the same and 52 less (share classes counted once). **What does V3RP track?** V3RP tracks the Bloomberg MSCI EUR Corporate Liquid Bond Screened Index - EUR - Benchmark TR Net. **Is V3RP accumulating or distributing?** V3RP is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of V3RP?** The ISIN of V3RP is IE000UQLOH05. An ISIN identifies one exact share class of a fund; V3RP is its ticker on the London Stock Exchange. **What does V3RP hold?** As of 31/10/2026, V3RP holds 1,090 positions, according to its published holdings. The largest is Cash and cash equivalents at 0.51% of the fund; the ten largest make up 2.9%. Its ten largest holdings are Cash and cash equivalents (0.51%), Credit Agricole SA/London 1.75% 05/03/2029 (0.32%), Mercedes-Benz Group AG 1.375% 11/05/2028 (0.29%), Banco Santander SA 4.875% 18/10/2031 (0.26%), Banco Santander SA 5.75% 23/08/2033 (0.26%), Danske Bank A/S 4.75% 21/06/2030 (0.26%), Morgan Stanley 5.148% 25/01/2034 (0.26%), Societe Generale SA 4.75% 28/09/2029 (0.26%), BNP Paribas SA 3.875% 23/02/2029 (0.25%) and Credit Agricole SA 4.125% 07/03/2030 (0.25%). **What were V3RP’s returns in each of the last five years?** Calendar-year returns of V3RP in pounds (price, with income reinvested in the fund): 2023 +8.9%, 2024 +5.3%, 2025 +5.0%; 2026 to 13/11/2026 +1.1%. Past performance is not a guide to future returns. **How has V3RP done after inflation?** Over the three years to 13/11/2026 V3RP’s total return was +10.8%, or +0.1% 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/bond/E042/esg-eur-corporate-bond-ucits-etf-gbp-hedged-accumulating) - [Key investor information document (KIID)](https://fund-docs.vanguard.com/ie000uqloh05-en.pdf) - [Factsheet](https://fund-docs.vanguard.com/ESG_EUR_Corporate_Bond_UCITS_ETF_GBP_Accumulating_Hedged_E042_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.