# Vanguard USD Treasury Bond UCITS ETF Hedged GBP (VDTS) **Source:** https://fundology.uk/fund/vdts · ISIN IE000S0PSP47 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## 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 30/09/2026, VDTS (Vanguard USD Treasury Bond UCITS ETF Hedged GBP, ISIN IE000S0PSP47) closed at £20.08 on the London Stock Exchange. Its ongoing charge is 0.14% a year (about £14 on £10,000). Over the three years to 30/09/2026 its total return was −0.5%, or −10.2% after UK CPIH inflation. ## Summary Vanguard USD Treasury Bond UCITS ETF Hedged GBP is an exchange-traded fund (ETF) from Vanguard, launched in 2022. It tracks the Bloomberg Global Aggregate - US Treasury Float Adjusted. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.14% a year — about £14 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. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **£20.08** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | VDTS | | ISIN | IE000S0PSP47 | | Category | Government bonds | | Type | ETF | | Provider | Vanguard | | Tracks | Bloomberg Global Aggregate - US Treasury Float Adjusted | | Income | Distributing | | Ongoing charge | 0.14% a year (£14 per £10,000) | | Fund size | £6.1m | | Launched | 2022 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -2.24% | -5.30% | income reinvested | | 3 years | -0.47% | -10.19% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Vanguard USD Treasury Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included): 2023 −0.6%, 2024 −3.9%, 2025 +1.6%; 2026 to 30/09/2026 −5.7%. Returns of Vanguard USD Treasury Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −5.8%; to 30/09/2025: −2.9%; to 30/09/2024: +5.0%; to 30/09/2023: −5.2%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2023 | -0.6% | -4.6% | Price | | 2024 | -3.9% | -7.1% | Price | | 2025 | +1.6% | -1.9% | Price | | 2026 to 30/09/2026 | -5.7% | -8.3% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 3.47% | -6.76% | | 3 years | 5.11% | -9.11% | ## Largest fall Volatility of Vanguard USD Treasury Bond UCITS ETF Hedged GBP in pounds, annualised from weekly returns to 30/09/2026: 3.5% over 1 year, 5.1% over 3 years. Largest fall in the price of Vanguard USD Treasury Bond UCITS ETF Hedged GBP since February 2022, in pounds: −20.5% from 04/03/2022 to 30/09/2026. The lowest 12-month return of Vanguard USD Treasury Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included) since February 2022 was −14.2% (12 months to 03/03/2023); the highest was +5.0% (12 months to 27/09/2024). On 30/09/2026 the price of Vanguard USD Treasury Bond UCITS ETF Hedged GBP was 20.5% below its highest weekly close since February 2022 (04/03/2022), in pounds. ## Charges compared with similar funds Ongoing charge of Vanguard USD Treasury Bond UCITS ETF Hedged GBP 0.14% a year, as of 01/10/2026: 125 of the 274 other government bond funds charge more, 4 the same and 145 less (share classes counted once). ## Funds tracking the same index 3 funds track Bloomberg Global Aggregate - US Treasury Float Adjusted, this one included and share classes counted once; their ongoing charges range from 0.09% to 0.14% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Vanguard USD Treasury Bond UCITS ETF | 0.09% | -1.0% | -7.3% | -15.3% | | Vanguard USD Treasury Bond UCITS ETF Accum Shs Unhedged USD | 0.09% | -0.4% | +1.3% | -2.9% | | Vanguard USD Treasury Bond UCITS ETF Hedged GBP (this fund) | 0.14% | -2.2% | -0.5% | — | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.14%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 31/08/2026): | Holding | Weight | |---|---| | United States Treasury Note/Bond | 99.30% | | Cash and cash equivalents | 0.70% | ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By type of asset Added up from the holdings Vanguard publishes, as of 31/08/2026. | Type of asset | Weight | |---|---| | Bonds | 99.3% | | Cash and money market | 0.7% | --- 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.