# Vanguard Global Aggregate Bond UCITS ETF (VAGU)

**Page:** https://fundology.uk/fund/vagu · ISIN IE00BG47KJ78

## 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, VAGU (Vanguard Global Aggregate Bond UCITS ETF, ISIN IE00BG47KJ78) closed at $26.69 on the London Stock Exchange. Its ongoing charge is 0.08% a year (about £8 on £10,000). Over the five years to 13/11/2026 its total return was +1.3%, or −20.9% after UK CPIH inflation.

## Summary

Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged USD is an exchange-traded fund (ETF) from Vanguard, launched in 2019. It tracks the Bloomberg Global Aggregate Float-Adjusted and Scaled. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.08% a year — about £8 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 to US dollars, not to the pound: it aims to remove most of the effect of exchange-rate moves against US dollars, so a holder who counts in pounds still has currency risk.

Latest close: **$26.69** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | VAGU |
| ISIN | IE00BG47KJ78 |
| Category | Corporate & other bonds |
| Type | ETF |
| Provider | Vanguard |
| Tracks | Bloomberg Global Aggregate Float-Adjusted and Scaled |
| Income | Accumulating |
| Ongoing charge | 0.08% a year (£8 per £10,000) |
| Fund size | £588m |
| Launched | 2019 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 18/06/2019 |

## 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 | -0.58% | -4.10% | income reinvested |
| 3 years | +5.24% | -4.92% | income reinvested |
| 5 years | +1.35% | -20.89% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged USD in pounds (price, with income reinvested in the fund): 2022 −2.0%, 2023 +1.1%, 2024 +5.0%, 2025 −3.2%; 2026 to 13/11/2026 +1.0%. Returns of Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −0.3%; to 30/09/2025: +2.7%; to 30/09/2024: +1.1%; to 30/09/2023: −8.3%; to 30/09/2022: +5.6%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -2.0% | -10.3% | Price |
| 2023 | +1.1% | -2.9% | Price |
| 2024 | +5.0% | +1.5% | Price |
| 2025 | -3.2% | -6.5% | Price |
| 2026 to 13/11/2026 | +1.0% | -2.2% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 5.86% | -4.66% |
| 3 years | 7.00% | -8.69% |
| 5 years | 7.69% | -13.14% |

## Largest fall

Volatility of Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged USD in pounds, annualised from weekly returns to 13/11/2026: 5.9% over 1 year, 7.0% over 3 years, 7.7% over 5 years. Largest fall in the price of Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged USD since November 2021, in pounds: −13.1% from 23/09/2022 to 14/07/2023. The lowest 12-month return of Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged USD in pounds (price, with income reinvested in the fund) since January 2021 was −10.8% (12 months to 14/07/2023); the highest was +8.7% (12 months to 09/08/2024). On 13/11/2026 the price of Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged USD was 4.1% below its highest weekly close since November 2021 (23/09/2022), in pounds.

## Charges compared with similar funds

Ongoing charge of Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged USD 0.08% a year. Compared on 14/11/2026, 420 of the 427 other corporate and other bond funds charge more, 3 the same and 4 less (share classes counted once).

## Funds tracking the same index

4 funds track Bloomberg Global Aggregate Float-Adjusted and Scaled, this one included and share classes counted once; their ongoing charges range from 0.08% to 0.08% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Vanguard Funds PLC - Vanguard Global Aggregate Bond UCITS ETF AccumHedged GBP | 0.08% | +1.3% | +22.0% | +9.2% |
| Vanguard Funds PLC - Vanguard Global Aggregate Bond UCITS ETF Hedged GBP | 0.08% | -1.1% | +4.9% | -12.6% |
| Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged EUR | 0.08% | -7.0% | +3.1% | -11.6% |
| Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged USD (this fund) | 0.08% | -0.6% | +5.2% | +1.3% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.08%** per year (as of 16/10/2026)
- 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, VAGU holds 13,931 positions, according to its published holdings. The largest is Cash and cash equivalents at 1.31% of the fund; the ten largest make up 3.5%.

### Top holdings

Largest positions (as of 31/10/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Cash and cash equivalents | — | 1.31% |
| 2 | United Kingdom Gilt 4.50% 07/06/2028 | — | 0.33% |
| 3 | French Republic Government Bond OAT 2.75% 25/02/2030 | — | 0.27% |
| 4 | United States Treasury Note/Bond 3.375% 29/02/2028 | — | 0.27% |
| 5 | United States Treasury Note/Bond 3.875% 30/06/2030 | — | 0.24% |
| 6 | Bundesrepublik Deutschland Bundesanleihe 2.40% 15/11/2030 | — | 0.23% |
| 7 | French Republic Government Bond OAT 2.70% 25/02/2031 | — | 0.22% |
| 8 | United Kingdom Gilt 4.375% 07/03/2028 | — | 0.22% |
| 9 | United States Treasury Note/Bond 4.375% 15/05/2034 | — | 0.22% |
| 10 | Italy Buoni Poliennali Del Tesoro 2.20% 28/02/2028 | — | 0.21% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By country

Added up from the fund’s published holdings, as of 31/10/2026.

| Country | Weight |
|---|---|
| United States | 45.8% |
| Japan | 5.8% |
| France | 5.5% |
| Germany | 4.8% |
| United Kingdom | 4.4% |
| Canada | 4.0% |
| Italy | 3.6% |
| SNAT | 2.9% |
| Other countries | 20.9% |
| Not classified | 1.3% |

### By type of asset

Added up from the fund’s published holdings, as of 31/10/2026.

| Type of asset | Weight |
|---|---|
| Bonds | 97.9% |
| Cash and money market | 1.3% |

The 3,634 holdings on record (of 13,931 reported): https://fundology.uk/fund/vagu/holdings

## Questions people ask

**What is the ongoing charge of VAGU?**

The ongoing charge of VAGU is 0.08% a year — about £8 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 Global Aggregate Bond UCITS ETF Accum Shs Hedged USD 0.08% a year. Compared on 14/11/2026, 420 of the 427 other corporate and other bond funds charge more, 3 the same and 4 less (share classes counted once).

**What does VAGU track?**

VAGU tracks the Bloomberg Global Aggregate Float-Adjusted and Scaled.

**Is VAGU accumulating or distributing?**

VAGU 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 VAGU?**

The ISIN of VAGU is IE00BG47KJ78. An ISIN identifies one exact share class of a fund; VAGU is its ticker on the London Stock Exchange.

**What does VAGU hold?**

As of 31/10/2026, VAGU holds 13,931 positions, according to its published holdings. The largest is Cash and cash equivalents at 1.31% of the fund; the ten largest make up 3.5%. Its ten largest holdings are Cash and cash equivalents (1.31%), United Kingdom Gilt 4.50% 07/06/2028 (0.33%), French Republic Government Bond OAT 2.75% 25/02/2030 (0.27%), United States Treasury Note/Bond 3.375% 29/02/2028 (0.27%), United States Treasury Note/Bond 3.875% 30/06/2030 (0.24%), Bundesrepublik Deutschland Bundesanleihe 2.40% 15/11/2030 (0.23%), French Republic Government Bond OAT 2.70% 25/02/2031 (0.22%), United Kingdom Gilt 4.375% 07/03/2028 (0.22%), United States Treasury Note/Bond 4.375% 15/05/2034 (0.22%) and Italy Buoni Poliennali Del Tesoro 2.20% 28/02/2028 (0.21%).

**What were VAGU’s returns in each of the last five years?**

Calendar-year returns of VAGU in pounds (price, with income reinvested in the fund): 2022 −2.0%, 2023 +1.1%, 2024 +5.0%, 2025 −3.2%; 2026 to 13/11/2026 +1.0%. Past performance is not a guide to future returns.

**How has VAGU done after inflation?**

Over the five years to 13/11/2026 VAGU’s total return was +1.3%, or −20.9% 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/9600/global-aggregate-bond-ucits-etf-usd-hedged-accumulating)
- [Key investor information document (KIID)](https://fund-docs.vanguard.com/ie00bg47kj78-en.pdf)
- [Factsheet](https://fund-docs.vanguard.com/Global_Aggregate_Bond_UCITS_ETF_USD_Hedged_Accumulating_9600_EU_INT_UK_EN.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.