ETF · Vanguard
VETY Vanguard EUR Eurozone Government Bond UCITS ETF
ISIN IE00BZ163H91London Stock Exchange: VETYThe Vanguard Group, Inc.
- Government bonds
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£17.72
on
- Ongoing charge
- 0.07% a year
- Fund size
- £1.1bn
As of , at least 15 min delayed
At a glance
As of 13/11/2026, VETY (Vanguard EUR Eurozone Government Bond UCITS ETF, ISIN IE00BZ163H91) closed at £17.72 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 −23.6% (income paid out is not included), or −40.4% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −8.0%
- −11.3% after inflation (UK CPIH)
- 3 years to 13/11/2026
- −6.9%
- −15.9% after inflation (UK CPIH)
- 5 years to 13/11/2026
- −23.6%
- −40.4% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £764 on 13/11/2026 — about £596 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 Eurozone Government Bond UCITS ETF in pounds (price only, income paid out not included): 2022 −14.0%, 2023 +2.8%, 2024 −5.9%, 2025 +2.7%; 2026 to 13/11/2026 −8.2%. Returns of Vanguard EUR Eurozone Government Bond UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −7.7%; to 30/09/2025: +2.1%; to 30/09/2024: +2.5%; to 30/09/2023: −5.2%; to 30/09/2022: −15.1%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −8.2% | −11.1% | |
| to | +2.7% | −0.9% | |
| to | −5.9% | −9.1% | |
| +2.8% | −1.3% | ||
| −14.0% | −21.3% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −7.7% | −11.0% |
| from | +2.1% | −1.9% |
| from | +2.5% | −0.1% |
| from | −5.2% | −10.9% |
| from | −15.1% | −22.0% |
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)
6.8%over 5 years
| 1 year | 5.6% |
|---|---|
| 3 years | 5.7% |
| 5 years | 6.8% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −24.4%
- From to
- Lowest 12-month return
- −16.6%
- 12 months to
- Highest 12-month return
- +5.4%
- 12 months to
- Below its highest weekly close since November 2021
- 24.2%
- High of , latest
In words: Volatility of Vanguard EUR Eurozone Government Bond UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 5.6% over 1 year, 5.7% over 3 years, 6.8% over 5 years. Largest fall in the price of Vanguard EUR Eurozone Government Bond UCITS ETF since November 2021, in pounds: −24.4% from 03/12/2021 to 30/10/2026. The lowest 12-month return of Vanguard EUR Eurozone Government Bond UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −16.6% (12 months to 04/11/2022); the highest was +5.4% (12 months to 27/02/2026). On 13/11/2026 the price of Vanguard EUR Eurozone Government Bond UCITS ETF was 24.2% below its highest weekly close since November 2021 (03/12/2021), 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
- 40 charge less
- 30 the same
- 241 charge more
Ongoing charge of Vanguard EUR Eurozone Government Bond UCITS ETF 0.07% a year. Compared on 14/11/2026, 241 of the 311 other government bond funds charge more, 30 the same and 40 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 Eurozone Government Bond UCITS ETF is an exchange-traded fund (ETF) from Vanguard, launched in 2016.
It tracks the Bloomberg Euro Aggregate Treasury 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.
Government bonds: Loans to governments, such as UK gilts and US Treasuries. They pay interest; their prices move when interest rates change.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- VETY
- ISIN
- IE00BZ163H91
- Also listed as
- VGEB (Xetra, euros)
- 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
- £1.1bn
- 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
- Government bonds
Income and distributions
As of , the latest distribution of VETY was €0.050907 per share: it went ex-dividend on and was paid on . In the 12 months to VETY declared 12 distributions, together €0.639108 per share. VETY has a distribution yield of 3.01% as at .
- Latest distribution
- €0.050907
- per share, ex-dividend
- 12 months to
- €0.639108
- per share, from 12 distributions
- Distribution yield
- 3.01%
- as at
| Ex-dividend date | Payment date | Amount per share |
|---|---|---|
| €0.050907 | ||
| €0.050594 | ||
| €0.062529 | ||
| €0.049474 | ||
| €0.049786 | ||
| €0.062354 | ||
| €0.045815 | ||
| €0.051936 |
VETY 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 £19.79 on 14/11/2025 to £17.72 on 13/11/2026 (−10.4%). The lowest close shown was £17.68 on 30/10/2026 and the highest £19.84 on 27/02/2026.
One close a week. Before 29/07/2026 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. 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
262 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
- 495
- 525 reported in all
- Ten largest
- 9.2%
- of the whole fund
- Effective number of holdings
- 265
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 1.3%
- French Republic Government Bond OAT 2.75% 25/02/2030
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | French Republic Government Bond OAT 2.75% 25/02/2030France | 1.27% |
| 2 | French Republic Government Bond OAT 0.75% 25/05/2028France | 1.15% |
| 3 | French Republic Government Bond OAT 0.00% 25/11/2031France | 0.95% |
| 4 | French Republic Government Bond OAT 2.75% 25/02/2029France | 0.90% |
| 5 | French Republic Government Bond OAT 0.00% 25/11/2029France | 0.85% |
| 6 | Bundesschatzanweisungen 2.00% 16/12/2027Germany | 0.83% |
| 7 | French Republic Government Bond OAT 0.50% 25/05/2029France | 0.81% |
| 8 | French Republic Government Bond OAT 1.25% 25/05/2034France | 0.81% |
| 9 | French Republic Government Bond OAT 0.00% 25/11/2030France | 0.79% |
| 10 | French Republic Government Bond OAT 2.00% 25/11/2032France | 0.79% |
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 country
- France23.2%
- Italy21.8%
- Germany19.8%
- Spain14.3%
- Belgium4.8%
- Netherlands4.3%
- Austria3.6%
- Portugal1.8%
- Other countries6.2%
- Not classified0.2%
By type of asset
- Bonds99.8%
- Cash and money market0.2%
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 525 holdings; the ten largest make up 9.2% 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
3 funds track Bloomberg Euro Aggregate Treasury Index - EUR - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.06% to 0.07% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Euro Government Bond UCITS ETFAccumulating · 0.06% a year | 0.06% | −5.8% | Not reported | Not reported |
| Vanguard EUR Eurozone Government Bond UCITS ETFThis fundDistributing · 0.07% a year | 0.07% | −8.0% | Not reported | Not reported |
| Vanguard EUR Eurozone Government Bond UCITS ETFAccumulating · 0.07% a year | 0.07% | −7.4% | +2.1% | −15.3% |
As of
Bloomberg Euro Aggregate Treasury 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 254 rolling 12-month returns since January 2021, and of 150 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 (156 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 VETY?
The ongoing charge of VETY 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 Eurozone Government Bond UCITS ETF 0.07% a year. Compared on 14/11/2026, 241 of the 311 other government bond funds charge more, 30 the same and 40 less (share classes counted once).
What does VETY track?
VETY tracks the Bloomberg Euro Aggregate Treasury Index - EUR - Benchmark TR Net.
Is VETY accumulating or distributing?
VETY is distributing: income is paid out to holders as cash, usually a few times a year. It pays out monthly.
When does VETY pay dividends?
VETY 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 VETY’s dividend yield?
VETY has a distribution yield of 3.01% 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 VETY?
The ISIN of VETY is IE00BZ163H91. An ISIN identifies one exact share class of a fund; VETY is its ticker on the London Stock Exchange. The same share class is also listed as VGEB (Xetra, euros).
What does VETY hold?
As of 31/10/2026, VETY holds 525 positions, according to its published holdings. The largest is French Republic Government Bond OAT 2.75% 25/02/2030 at 1.27% of the fund; the ten largest make up 9.2%. Its ten largest holdings are French Republic Government Bond OAT 2.75% 25/02/2030 (1.27%), French Republic Government Bond OAT 0.75% 25/05/2028 (1.15%), French Republic Government Bond OAT 0.00% 25/11/2031 (0.95%), French Republic Government Bond OAT 2.75% 25/02/2029 (0.90%), French Republic Government Bond OAT 0.00% 25/11/2029 (0.85%), Bundesschatzanweisungen 2.00% 16/12/2027 (0.83%), French Republic Government Bond OAT 0.50% 25/05/2029 (0.81%), French Republic Government Bond OAT 1.25% 25/05/2034 (0.81%), French Republic Government Bond OAT 0.00% 25/11/2030 (0.79%) and French Republic Government Bond OAT 2.00% 25/11/2032 (0.79%).
What were VETY’s returns in each of the last five years?
Calendar-year returns of VETY in pounds (price only, income paid out not included): 2022 −14.0%, 2023 +2.8%, 2024 −5.9%, 2025 +2.7%; 2026 to 13/11/2026 −8.2%. Past performance is not a guide to future returns.
How has VETY done after inflation?
Over the five years to 13/11/2026 VETY’s price changed by −23.6% (income paid out is not included), or −40.4% 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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