# Vanguard EUR Corporate Bond UCITS ETF (VECP) **Page:** https://fundology.uk/fund/vecp · ISIN IE00BZ163G84 ## 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, 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. ## Summary 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. Latest close: **£39.35** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | VECP | | ISIN | IE00BZ163G84 | | Category | Corporate & other bonds | | Type | ETF | | Provider | Vanguard | | Tracks | Bloomberg Euro Aggregate Corporate Index - EUR - Benchmark TR Net | | Income | Distributing | | Ongoing charge | 0.07% a year (£7 per £10,000) | | Fund size | £2.7bn | | Launched | 2016 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 24/02/2016 | ## Income and distributions > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 14/11/2026, the latest distribution of VECP was €0.127104 per share: it went ex-dividend on 15/10/2026 and was paid on 28/10/2026. In the 12 months to 14/11/2026 VECP declared 12 distributions, together €1.629675 per share. VECP has a distribution yield of 3.47% as at 31/10/2026. Latest distributions of VECP per share, as of 14/11/2026: | Ex-dividend date | Payment date | Amount per share | |---|---|---| | 15/10/2026 | 28/10/2026 | €0.127104 | | 17/09/2026 | 30/09/2026 | €0.127502 | | 20/08/2026 | 02/09/2026 | €0.158441 | | 16/07/2026 | 29/07/2026 | €0.124405 | | 18/06/2026 | 01/07/2026 | €0.126191 | | 21/05/2026 | 03/06/2026 | €0.155669 | | 16/04/2026 | 29/04/2026 | €0.123307 | | 19/03/2026 | 01/04/2026 | €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 17/03/2016. ## 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 | -5.57% | -8.91% | income reinvested | | 3 years | +2.43% | -7.46% | income reinvested | | 5 years | -15.15% | -33.77% | price only | Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published. ## Calendar-year 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 CPIH inflation | Measured as | |---|---|---|---| | 2022 | -9.4% | -17.1% | Price | | 2023 | +2.4% | -1.7% | Price | | 2024 | -4.2% | -7.5% | Price | | 2025 | +4.7% | +1.1% | Price | | 2026 to 13/11/2026 | -6.9% | -9.8% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 4.70% | -9.30% | | 3 years | 4.64% | -9.30% | | 5 years | 5.79% | -15.75% | ## Largest fall 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. ## Charges compared with similar funds 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). ## 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 | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Vanguard EUR Corporate Bond UCITS ETF (this fund) | 0.07% | -5.6% | +2.4% | — | | Vanguard EUR Corporate Bond UCITS ETF Accum Shs Unhedged EUR | 0.07% | -5.6% | +7.6% | -3.1% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.07%** 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, 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%. ### Top holdings Largest positions (as of 31/10/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Cash and cash equivalents | — | 0.57% | | 2 | Anheuser-Busch InBev SA/NV 2.00% 17/03/2028 | — | 0.14% | | 3 | Banco Bilbao Vizcaya Argentaria SA 4.375% 14/10/2029 | — | 0.11% | | 4 | ING Groep NV 4.50% 23/05/2029 | — | 0.11% | | 5 | JPMorgan Chase & Co 1.963% 23/03/2030 | — | 0.11% | | 6 | BNP Paribas SA 0.875% 11/07/2030 | — | 0.10% | | 7 | Bpce SA 3.375% 19/12/2031 | — | 0.10% | | 8 | Enel SpA 3.875% 26/05/2033 | — | 0.10% | | 9 | LVMH Moet Hennessy Louis Vuitton SE 0.125% 11/02/2028 | — | 0.10% | | 10 | Morgan Stanley 3.955% 21/03/2035 | — | 0.10% | ## 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 | 28.8% | | Industrials | 5.4% | | Communication Services | 4.8% | | Consumer Staples | 4.2% | | Consumer Discretionary | 4.0% | | Utilities | 3.9% | | Real Estate | 3.5% | | Health Care | 2.9% | | Other sectors | 4.8% | | Not classified | 37.6% | ### By country Added up from the fund’s published holdings, as of 31/10/2026. | Country | Weight | |---|---| | France | 18.7% | | United States | 17.3% | | Netherlands | 14.3% | | Germany | 8.4% | | United Kingdom | 7.6% | | Spain | 5.3% | | Italy | 4.8% | | Luxembourg | 3.8% | | Other countries | 19.1% | | Not classified | 0.6% | ### By type of asset Added up from the fund’s published holdings, as of 31/10/2026. | Type of asset | Weight | |---|---| | Bonds | 99.4% | | Cash and money market | 0.6% | The 3,405 holdings on record (of 3,625 reported): https://fundology.uk/fund/vecp/holdings ## 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. ## Fund documents - [Fund page at Vanguard](https://www.vanguard.co.uk/professional/product/etf/bond/9659/eur-corporate-bond-ucits-etf-eur-distributing) - [Key investor information document (KIID)](https://fund-docs.vanguard.com/ie00bz163g84-en.pdf) - [Factsheet](https://fund-docs.vanguard.com/EUR_Corporate_Bond_UCITS_ETF_EUR_Distributing_9659_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.