# Vanguard EUR Eurozone Government Bond UCITS ETF (VETA) **Source:** https://fundology.uk/fund/veta · ISIN IE00BH04GL39 · Data: TradingView (LSE closes and returns, delayed), issuer documents and holdings (Vanguard), 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 01/10/2026, VETA (Vanguard EUR Eurozone Government Bond UCITS ETF, ISIN IE00BH04GL39) closed at £19.70 on the London Stock Exchange. Its ongoing charge is 0.11% a year (about £11 on £10,000). Over the five years to 01/10/2026 its total return was −14.9%, or −33.5% after UK CPIH inflation. ## Summary Vanguard EUR Eurozone Government Bond UCITS ETF Accum Shs Unhedged EUR is an exchange-traded fund (ETF) from Vanguard, launched in 2019. It tracks the Bloomberg Barclays Euro Aggregate Treasury Index - EUR. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.11% a year — about £11 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. Latest close: **£19.70** (01/10/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | VETA | | ISIN | IE00BH04GL39 | | Category | Government bonds | | Type | ETF | | Provider | Vanguard | | Tracks | Bloomberg Barclays Euro Aggregate Treasury Index - EUR | | Income | Accumulating | | Ongoing charge | 0.11% a year (£11 per £10,000) | | Fund size | £2.6bn | | Launched | 2019 | | Domicile | Ireland | ## Past returns (periods to 01/10/2026) 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 | -4.87% | -7.86% | income reinvested | | 3 years | +5.31% | -4.97% | income reinvested | | 5 years | -14.88% | -33.46% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Charges compared with similar funds Ongoing charge of Vanguard EUR Eurozone Government Bond UCITS ETF Accum Shs Unhedged EUR 0.11% a year, as of 02/10/2026: 157 of the 275 other government bond funds charge more, 4 the same and 114 less (share classes counted once). ## Funds tracking the same index 3 funds track Bloomberg Barclays Euro Aggregate Treasury Index - EUR, this one included and share classes counted once; their ongoing charges range from 0.11% to 0.16% a year (01/10/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Vanguard EUR Eurozone Government Bond UCITS ETF | 0.11% | -5.8% | -1.1% | -21.5% | | Vanguard EUR Eurozone Government Bond UCITS ETF Accum Shs Unhedged EUR (this fund) | 0.11% | -4.9% | +5.3% | -14.9% | | Vanguard EUR Eurozone Government Bond UCITS ETF Accum- Hedged USD | 0.16% | -0.3% | — | — | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.11%** per year - ISA eligible: yes - SIPP eligible: yes ## What it holds As of 31/08/2026, VETA holds 522 positions, according to the holdings Vanguard publishes. The largest is French Republic Government Bond OAT 0.75% 25/05/2028 at 1.17% of the fund; the ten largest make up 9.1%. ### Top holdings Largest positions (as of 31/08/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | French Republic Government Bond OAT 0.75% 25/05/2028 | — | 1.17% | | 2 | French Republic Government Bond OAT 0.00% 25/11/2031 | — | 0.99% | | 3 | French Republic Government Bond OAT 2.75% 25/02/2029 | — | 0.96% | | 4 | French Republic Government Bond OAT 2.75% 25/02/2030 | — | 0.94% | | 5 | French Republic Government Bond OAT 0.50% 25/05/2029 | — | 0.91% | | 6 | French Republic Government Bond OAT 2.00% 25/11/2032 | — | 0.89% | | 7 | French Republic Government Bond OAT 1.25% 25/05/2034 | — | 0.86% | | 8 | French Republic Government Bond OAT 0.00% 25/11/2030 | — | 0.82% | | 9 | French Republic Government Bond OAT 2.40% 24/09/2028 | — | 0.80% | | 10 | Spain Government Bond 2.70% 31/01/2030 | — | 0.79% | Source: Vanguard, holdings as published, as of 31/08/2026. ## 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 country Added up from the holdings Vanguard publishes, as of 31/08/2026. | Country | Weight | |---|---| | France | 24.5% | | Italy | 21.6% | | Germany | 19.1% | | Spain | 14.0% | | Belgium | 5.0% | | Netherlands | 4.0% | | Austria | 3.5% | | Portugal | 1.9% | | Other countries | 6.2% | | Not classified | 0.1% | ### By type of asset Added up from the holdings Vanguard publishes, as of 31/08/2026. | Type of asset | Weight | |---|---| | Bonds | 99.9% | | Cash and money market | 0.1% | The 497 holdings on record (of 522 Vanguard reports): https://fundology.uk/fund/veta/holdings ## Questions people ask **What is the ongoing charge of VETA?** The ongoing charge of VETA is 0.11% a year — about £11 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 Eurozone Government Bond UCITS ETF Accum Shs Unhedged EUR 0.11% a year, as of 02/10/2026: 157 of the 275 other government bond funds charge more, 4 the same and 114 less (share classes counted once). **What does VETA track?** VETA tracks the Bloomberg Barclays Euro Aggregate Treasury Index - EUR. **Is VETA accumulating or distributing?** VETA 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 VETA?** The ISIN of VETA is IE00BH04GL39. An ISIN identifies one exact share class of a fund; VETA is its ticker on the London Stock Exchange. **What does VETA hold?** As of 31/08/2026, VETA holds 522 positions, according to the holdings Vanguard publishes. The largest is French Republic Government Bond OAT 0.75% 25/05/2028 at 1.17% of the fund; the ten largest make up 9.1%. Its ten largest holdings are French Republic Government Bond OAT 0.75% 25/05/2028 (1.17%), French Republic Government Bond OAT 0.00% 25/11/2031 (0.99%), French Republic Government Bond OAT 2.75% 25/02/2029 (0.96%), French Republic Government Bond OAT 2.75% 25/02/2030 (0.94%), French Republic Government Bond OAT 0.50% 25/05/2029 (0.91%), French Republic Government Bond OAT 2.00% 25/11/2032 (0.89%), French Republic Government Bond OAT 1.25% 25/05/2034 (0.86%), French Republic Government Bond OAT 0.00% 25/11/2030 (0.82%), French Republic Government Bond OAT 2.40% 24/09/2028 (0.80%) and Spain Government Bond 2.70% 31/01/2030 (0.79%). **How has VETA done after inflation?** Over the five years to 01/10/2026 VETA’s total return was −14.9%, or −33.5% after UK CPIH inflation. Past performance is not a guide to future returns. --- 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.