ETF · Vanguard
VECA Vanguard EUR Corporate Bond UCITS ETF
ISIN IE00BGYWT403London Stock Exchange: VECAThe Vanguard Group, Inc.
- Corporate & other bonds
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£44.29
on
- Ongoing charge
- 0.07% a year
- Fund size
- £2.4bn
As of , at least 15 min delayed
At a glance
As of 13/11/2026, VECA (Vanguard EUR Corporate Bond UCITS ETF, ISIN IE00BGYWT403) closed at £44.29 on the London Stock Exchange. Its ongoing charge is 0.07% a year (about £7 on £10,000). Over the five years to 13/11/2026 its total return was −3.1%, or −24.3% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −5.6%
- −8.9% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +7.6%
- −2.8% after inflation (UK CPIH)
- 5 years to 13/11/2026
- −3.1%
- −24.3% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £969 on 13/11/2026 — about £757 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Vanguard EUR Corporate Bond UCITS ETF Accum Shs Unhedged EUR in pounds (price, with income reinvested in the fund): 2022 −8.6%, 2023 +5.5%, 2024 −0.8%, 2025 +8.3%; 2026 to 13/11/2026 −4.2%. Returns of Vanguard EUR Corporate Bond UCITS ETF Accum Shs Unhedged EUR in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −3.1%; to 30/09/2025: +8.6%; to 30/09/2024: +5.3%; to 30/09/2023: +1.5%; to 30/09/2022: −12.6%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −4.2% | −7.2% | |
| to | +8.3% | +4.6% | |
| to | −0.8% | −4.2% | |
| +5.5% | +1.3% | ||
| −8.6% | −16.3% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −3.1% | −6.5% |
| from | +8.6% | +4.3% |
| from | +5.3% | +2.6% |
| from | +1.5% | −4.6% |
| from | −12.6% | −19.6% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
5.7%over 5 years
| 1 year | 4.6% |
|---|---|
| 3 years | 4.5% |
| 5 years | 5.7% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −14.5%
- From to
- Lowest 12-month return
- −13.5%
- 12 months to
- Highest 12-month return
- +9.9%
- 12 months to
- Below its highest weekly close since November 2021
- 6.2%
- High of , latest
In words: Volatility of Vanguard EUR Corporate Bond UCITS ETF Accum Shs Unhedged EUR in pounds, annualised from weekly returns to 13/11/2026: 4.6% over 1 year, 4.5% over 3 years, 5.7% over 5 years. Largest fall in the price of Vanguard EUR Corporate Bond UCITS ETF Accum Shs Unhedged EUR since November 2021, in pounds: −14.5% from 10/12/2021 to 14/10/2022. The lowest 12-month return of Vanguard EUR Corporate Bond UCITS ETF Accum Shs Unhedged EUR in pounds (price, with income reinvested in the fund) since January 2021 was −13.5% (12 months to 17/06/2022); the highest was +9.9% (12 months to 07/11/2025). On 13/11/2026 the price of Vanguard EUR Corporate Bond UCITS ETF Accum Shs Unhedged EUR was 6.2% below its highest weekly close since November 2021 (27/02/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.07%
- a year
- On £10,000
- £7
- a year, roughly
- Over five years
- £35
- of £10,000, before growth
- 0 charge less
- 3 the same
- 424 charge more
Ongoing charge of Vanguard EUR Corporate Bond UCITS ETF Accum Shs Unhedged EUR 0.07% a year. Compared on 14/11/2026, 424 of the 427 other corporate and other bond funds charge more, 3 the same and 0 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Vanguard EUR Corporate Bond UCITS ETF Accum Shs Unhedged EUR is an exchange-traded fund (ETF) from Vanguard, launched in 2019.
It tracks the Bloomberg Euro Aggregate Corporate 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 0.07% a year — about £7 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.
Corporate & other bonds: Loans to companies and other borrowers, which usually pay more interest than government bonds in exchange for more risk.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- VECA
- ISIN
- IE00BGYWT403
- Provider
- Vanguard
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.07% a year · about £7 on £10,000
- Fund size
- £2.4bn
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Corporate & other bonds
Price chart
Over the last year, the closing price went from £46.92 on 14/11/2025 to £44.29 on 13/11/2026 (−5.6%). The lowest close shown was £44.07 on 23/10/2026 and the highest £47.23 on 27/02/2026.
One close a week. Before 06/08/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Weeks missing from our record are filled from the same history.
As of , at least 15 min delayed
Five years of prices, and after inflation
261 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 3,405
- 3,625 reported in all
- Ten largest
- 1.5%
- of the whole fund
- Effective number of holdings
- 2,365
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 0.6%
- Cash and cash equivalents
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Cash and cash equivalents | 0.57% |
| 2 | Anheuser-Busch InBev SA/NV 2.00% 17/03/2028Consumer StaplesBelgium | 0.14% |
| 3 | Banco Bilbao Vizcaya Argentaria SA 4.375% 14/10/2029FinancialsSpain | 0.11% |
| 4 | ING Groep NV 4.50% 23/05/2029FinancialsNetherlands | 0.11% |
| 5 | JPMorgan Chase & Co 1.963% 23/03/2030FinancialsUnited States | 0.11% |
| 6 | BNP Paribas SA 0.875% 11/07/2030FinancialsFrance | 0.10% |
| 7 | Bpce SA 3.375% 19/12/2031France | 0.10% |
| 8 | Enel SpA 3.875% 26/05/2033UtilitiesItaly | 0.10% |
| 9 | LVMH Moet Hennessy Louis Vuitton SE 0.125% 11/02/2028Consumer DiscretionaryFrance | 0.10% |
| 10 | Morgan Stanley 3.955% 21/03/2035FinancialsUnited States | 0.10% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By sector
- Financials28.8%
- Industrials5.4%
- Communication Services4.8%
- Consumer Staples4.2%
- Consumer Discretionary4.0%
- Utilities3.9%
- Real Estate3.5%
- Health Care2.9%
- Other sectors4.8%
- Not classified37.6%
By country
- France18.7%
- United States17.3%
- Netherlands14.3%
- Germany8.4%
- United Kingdom7.6%
- Spain5.3%
- Italy4.8%
- Luxembourg3.8%
- Other countries19.1%
- Not classified0.6%
By type of asset
- Bonds99.4%
- Cash and money market0.6%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
All holdings
The fund publishes 3,625 holdings; the ten largest make up 1.5% of it.
Create a free account to see the full holdings list
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
2 funds track Bloomberg Euro Aggregate Corporate Index - EUR - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.07% to 0.07% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Vanguard EUR Corporate Bond UCITS ETFDistributing · 0.07% a year | 0.07% | −5.6% | +2.4% | Not reported |
| Vanguard EUR Corporate Bond UCITS ETFThis fundAccumulating · 0.07% a year | 0.07% | −5.6% | +7.6% | −3.1% |
As of
Bloomberg Euro Aggregate Corporate funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 253 rolling 12-month returns since January 2021, and of 149 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 2 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core UK Gilts UCITS ETF, over the three years to 13/11/2026 (154 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of VECA?
The ongoing charge of VECA is 0.07% a year — about £7 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 EUR Corporate Bond UCITS ETF Accum Shs Unhedged EUR 0.07% a year. Compared on 14/11/2026, 424 of the 427 other corporate and other bond funds charge more, 3 the same and 0 less (share classes counted once).
What does VECA track?
VECA tracks the Bloomberg Euro Aggregate Corporate Index - EUR - Benchmark TR Net.
Is VECA accumulating or distributing?
VECA 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 VECA?
The ISIN of VECA is IE00BGYWT403. An ISIN identifies one exact share class of a fund; VECA is its ticker on the London Stock Exchange.
What does VECA hold?
As of 31/10/2026, VECA holds 3,625 positions, according to its published holdings. The largest is Cash and cash equivalents at 0.57% of the fund; the ten largest make up 1.5%. Its ten largest holdings are Cash and cash equivalents (0.57%), Anheuser-Busch InBev SA/NV 2.00% 17/03/2028 (0.14%), Banco Bilbao Vizcaya Argentaria SA 4.375% 14/10/2029 (0.11%), ING Groep NV 4.50% 23/05/2029 (0.11%), JPMorgan Chase & Co 1.963% 23/03/2030 (0.11%), BNP Paribas SA 0.875% 11/07/2030 (0.10%), Bpce SA 3.375% 19/12/2031 (0.10%), Enel SpA 3.875% 26/05/2033 (0.10%), LVMH Moet Hennessy Louis Vuitton SE 0.125% 11/02/2028 (0.10%) and Morgan Stanley 3.955% 21/03/2035 (0.10%).
What were VECA’s returns in each of the last five years?
Calendar-year returns of VECA in pounds (price, with income reinvested in the fund): 2022 −8.6%, 2023 +5.5%, 2024 −0.8%, 2025 +8.3%; 2026 to 13/11/2026 −4.2%. Past performance is not a guide to future returns.
How has VECA done after inflation?
Over the five years to 13/11/2026 VECA’s total return was −3.1%, or −24.3% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at Vanguard · Key investor information document (KIID) · Factsheet (links checked )
Methodology:ReturnsCategoriesAll methods
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