ETF · Vanguard
VECP Vanguard EUR Corporate Bond UCITS ETF
ISIN IE00BZ163G84London Stock Exchange: VECPThe Vanguard Group, Inc.
- Corporate & other bonds
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£39.35
on
- Ongoing charge
- 0.07% a year
- Fund size
- £2.7bn
As of , at least 15 min delayed
At a glance
As of 13/11/2026, VECP (Vanguard EUR Corporate Bond UCITS ETF, ISIN IE00BZ163G84) closed at £39.35 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 price changed by −15.2% (income paid out is not included), or −33.8% 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
- +2.4%
- −7.5% after inflation (UK CPIH)
- 5 years to 13/11/2026
- −15.2%
- −33.8% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £848 on 13/11/2026 — about £662 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) and worked out from recorded daily closes. 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 in pounds (price only, income paid out not included): 2022 −9.4%, 2023 +2.4%, 2024 −4.2%, 2025 +4.7%; 2026 to 13/11/2026 −6.9%. Returns of Vanguard EUR Corporate Bond UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −6.3%; to 30/09/2025: +4.9%; to 30/09/2024: +1.7%; to 30/09/2023: −1.0%; to 30/09/2022: −13.2%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −6.9% | −9.8% | |
| to | +4.7% | +1.1% | |
| to | −4.2% | −7.5% | |
| +2.4% | −1.7% | ||
| −9.4% | −17.1% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −6.3% | −9.6% |
| from | +4.9% | +0.8% |
| from | +1.7% | −0.8% |
| from | −1.0% | −6.9% |
| from | −13.2% | −20.3% |
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)
5.8%over 5 years
| 1 year | 4.7% |
|---|---|
| 3 years | 4.6% |
| 5 years | 5.8% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −15.7%
- From to
- Lowest 12-month return
- −14.1%
- 12 months to
- Highest 12-month return
- +6.1%
- 12 months to
- Below its highest weekly close since November 2021
- 15.3%
- High of , latest
In words: Volatility of Vanguard EUR Corporate Bond UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 4.7% over 1 year, 4.6% over 3 years, 5.8% over 5 years. Largest fall in the price of Vanguard EUR Corporate Bond UCITS ETF since November 2021, in pounds: −15.7% from 10/12/2021 to 23/10/2026. The lowest 12-month return of Vanguard EUR Corporate Bond UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −14.1% (12 months to 17/06/2022); the highest was +6.1% (12 months to 07/11/2025). On 13/11/2026 the price of Vanguard EUR Corporate Bond UCITS ETF was 15.3% below its highest weekly close since November 2021 (10/12/2021), in pounds.
As of , price only — income paid out is not included
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 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 is an exchange-traded fund (ETF) from Vanguard, launched in 2016.
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 paid out to holders as cash, usually a few times a year.
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
- VECP
- ISIN
- IE00BZ163G84
- Provider
- Vanguard
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid monthly
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.07% a year · about £7 on £10,000
- Fund size
- £2.7bn
- 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
Income and distributions
As of , the latest distribution of VECP was €0.127104 per share: it went ex-dividend on and was paid on . In the 12 months to VECP declared 12 distributions, together €1.629675 per share. VECP has a distribution yield of 3.47% as at .
- Latest distribution
- €0.127104
- per share, ex-dividend
- 12 months to
- €1.629675
- per share, from 12 distributions
- Distribution yield
- 3.47%
- as at
| Ex-dividend date | Payment date | Amount per share |
|---|---|---|
| €0.127104 | ||
| €0.127502 | ||
| €0.158441 | ||
| €0.124405 | ||
| €0.126191 | ||
| €0.155669 | ||
| €0.123307 | ||
| €0.128417 |
VECP 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. 128 distributions are on record since .
As of
Price chart
Over the last year, the closing price went from £43.15 on 14/11/2025 to £39.35 on 13/11/2026 (−8.8%). The lowest close shown was £39.13 on 23/10/2026 and the highest £43.15 on 14/11/2025.
One close a week. Before 18/08/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
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 ETFThis fundDistributing · 0.07% a year | 0.07% | −5.6% | +2.4% | Not reported |
| Vanguard EUR Corporate Bond UCITS ETFAccumulating · 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 252 rolling 12-month returns since January 2021, and of 148 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The largest fall since November 2021, in pounds, with how many weeks it 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 VECP?
The ongoing charge of VECP 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 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 VECP track?
VECP tracks the Bloomberg Euro Aggregate Corporate Index - EUR - Benchmark TR Net.
Is VECP accumulating or distributing?
VECP is distributing: income is paid out to holders as cash, usually a few times a year. It pays out monthly.
When does VECP pay dividends?
VECP pays its income out monthly. In the 12 months to 14/11/2026 it went ex-dividend on 20/11/2025, 18/12/2025, 15/01/2026, 19/02/2026, 19/03/2026, 16/04/2026, 21/05/2026, 18/06/2026, 16/07/2026, 20/08/2026, 17/09/2026 and 15/10/2026. The latest distribution went ex-dividend on 15/10/2026 and was paid on 28/10/2026. Future dates are set and announced by the fund manager; distributions are not guaranteed and can change.
What is VECP’s dividend yield?
VECP has a distribution yield of 3.47% 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 VECP?
The ISIN of VECP is IE00BZ163G84. An ISIN identifies one exact share class of a fund; VECP is its ticker on the London Stock Exchange.
What does VECP hold?
As of 31/10/2026, VECP 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 VECP’s returns in each of the last five years?
Calendar-year returns of VECP in pounds (price only, income paid out not included): 2022 −9.4%, 2023 +2.4%, 2024 −4.2%, 2025 +4.7%; 2026 to 13/11/2026 −6.9%. Past performance is not a guide to future returns.
How has VECP done after inflation?
Over the five years to 13/11/2026 VECP’s price changed by −15.2% (income paid out is not included), or −33.8% 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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