ETF · Vanguard
VGCA Vanguard USD Corporate 1-3 year Bond UCITS ETF Hedged GBP
ISIN IE00BGYWSZ44London Stock Exchange: VGCAThe Vanguard Group, Inc.
- Corporate & other bonds
- ETF
- ISA
- SIPP
- Distributing
- GBP hedged
Latest close
LSE£49.97
on
- Ongoing charge
- 0.12% a year
- Fund size
- £51.6m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, VGCA (Vanguard USD Corporate 1-3 year Bond UCITS ETF Hedged GBP, ISIN IE00BGYWSZ44) closed at £49.97 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000). Over the year to 13/11/2026 its total return was +2.1%, or −1.5% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +2.1%
- −1.5% after inflation (UK CPIH)
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 USD Corporate 1-3 year Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included): 2025 +0.7%; 2026 to 13/11/2026 −2.0%. Returns of Vanguard USD Corporate 1-3 year Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −2.4%; to 30/09/2025: −0.2%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −2.0% | −5.2% | |
| to | +0.7% | −2.7% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −2.4% | −5.9% |
| from | −0.2% | −4.1% |
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)
1.7%over 1 year
Annualised from weekly returns. Higher means bumpier.
- Largest fall since April 2024
- −2.5%
- From to
- Lowest 12-month return
- −2.3%
- 12 months to
- Highest 12-month return
- +1.7%
- 12 months to
- Below its highest weekly close since April 2024
- 2.4%
- High of , latest
In words: Volatility of Vanguard USD Corporate 1-3 year Bond UCITS ETF Hedged GBP in pounds, annualised from weekly returns to 13/11/2026: 1.7% over 1 year. Largest fall in the price of Vanguard USD Corporate 1-3 year Bond UCITS ETF Hedged GBP since April 2024, in pounds: −2.5% from 13/02/2026 to 16/10/2026. The lowest 12-month return of Vanguard USD Corporate 1-3 year Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included) since April 2024 was −2.3% (12 months to 02/10/2026); the highest was +1.7% (12 months to 04/04/2025). On 13/11/2026 the price of Vanguard USD Corporate 1-3 year Bond UCITS ETF Hedged GBP was 2.4% below its highest weekly close since April 2024 (27/09/2024), 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
- 0.12%
- a year
- On £10,000
- £12
- a year, roughly
- Over five years
- £60
- of £10,000, before growth
- 52 charge less
- 26 the same
- 349 charge more
Ongoing charge of Vanguard USD Corporate 1-3 year Bond UCITS ETF Hedged GBP 0.12% a year. Compared on 14/11/2026, 349 of the 427 other corporate and other bond funds charge more, 26 the same and 52 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 USD Corporate 1-3 year Bond UCITS ETF Hedged GBP is an exchange-traded fund (ETF) from Vanguard, launched in 2024.
It tracks the Bloomberg Global Aggregate Corporate (1-3 Y) (USD).
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.12% a year — about £12 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.
It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.
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 incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- VGCA
- ISIN
- IE00BGYWSZ44
- 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
- 0.12% a year · about £12 on £10,000
- Fund size
- £51.6m
- 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
- Yes, to pounds
- Price currency
- Pounds (GBP)
- Category
- Corporate & other bonds
Price chart
Over the last year, the closing price went from £51.03 on 14/11/2025 to £49.97 on 13/11/2026 (−2.1%). The lowest close shown was £49.90 on 16/10/2026 and the highest £51.18 on 13/02/2026.
One close a week. Before 09/09/2026 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
136 weekly closes, from 05/04/2024 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
- 2,125
- 2,244 reported in all
- Ten largest
- 3.9%
- of the whole fund
- Effective number of holdings
- 948
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 1.9%
- Cash and cash equivalents
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Cash and cash equivalents | 1.91% |
| 2 | Bank of America Corp 3.419% 20/12/2028FinancialsUnited States | 0.31% |
| 3 | CVS Health Corp 4.30% 25/03/2028Health CareUnited States | 0.23% |
| 4 | HSBC Holdings PLC 3.973% 22/05/2030FinancialsUnited Kingdom | 0.22% |
| 5 | Pfizer Investment Enterprises Pte Ltd 4.45% 19/05/2028Singapore | 0.22% |
| 6 | Wells Fargo & Co 5.574% 25/07/2029FinancialsUnited States | 0.21% |
| 7 | Bank of America Corp 5.202% 25/04/2029FinancialsUnited States | 0.20% |
| 8 | Goldman Sachs Group Inc/The 4.223% 01/05/2029FinancialsUnited States | 0.20% |
| 9 | JPMorgan Chase & Co 4.408% 23/04/2030FinancialsUnited States | 0.19% |
| 10 | Medline Borrower LP 3.875% 01/04/2029United States | 0.19% |
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
- Financials31.1%
- Information Technology5.5%
- Industrials4.9%
- Health Care4.5%
- Consumer Discretionary3.5%
- Utilities3.4%
- Consumer Staples2.8%
- Communication Services2.6%
- Other sectors5.4%
- Not classified36.3%
By country
- United States71.6%
- United Kingdom4.5%
- Canada3.5%
- Japan2.8%
- France2.3%
- Cayman Islands1.9%
- Australia1.5%
- Netherlands1.4%
- Other countries8.5%
- Not classified1.9%
By type of asset
- Bonds98.1%
- Cash and money market1.9%
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 2,244 holdings; the ten largest make up 3.9% 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 Global Aggregate Corporate (1-3 Y) (USD), this one included and share classes counted once; their ongoing charges range from 0.09% to 0.12% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Vanguard USD Corporate 1-3 Year Bond UCITS ETFDistributing · 0.09% a year | 0.09% | +0.5% | Not reported | Not reported |
| Vanguard USD Corporate 1-3 Year Bond UCITS ETF AccAccumulating · 0.09% a year | 0.09% | +1.6% | +7.5% | +16.2% |
| Vanguard USD Corporate 1-3 year Bond UCITS ETF Hedged GBPThis fundDistributing · Currency hedged · 0.12% a year | 0.12% | +2.1% | Not reported | Not reported |
As of
Bloomberg Global Aggregate Corporate (1-3 Y) 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 year, from weekly returns in pounds.
With a free accountRolling returns
The full range of 84 rolling 12-month returns since April 2024, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The largest fall since April 2024, 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 (134 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 VGCA?
The ongoing charge of VGCA is 0.12% a year — about £12 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 USD Corporate 1-3 year Bond UCITS ETF Hedged GBP 0.12% a year. Compared on 14/11/2026, 349 of the 427 other corporate and other bond funds charge more, 26 the same and 52 less (share classes counted once).
What does VGCA track?
VGCA tracks the Bloomberg Global Aggregate Corporate (1-3 Y) (USD).
Is VGCA accumulating or distributing?
VGCA is distributing: income is paid out to holders as cash, usually a few times a year. It pays out monthly.
What is the ISIN of VGCA?
The ISIN of VGCA is IE00BGYWSZ44. An ISIN identifies one exact share class of a fund; VGCA is its ticker on the London Stock Exchange.
What does VGCA hold?
As of 31/10/2026, VGCA holds 2,244 positions, according to its published holdings. The largest is Cash and cash equivalents at 1.91% of the fund; the ten largest make up 3.9%. Its ten largest holdings are Cash and cash equivalents (1.91%), Bank of America Corp 3.419% 20/12/2028 (0.31%), CVS Health Corp 4.30% 25/03/2028 (0.23%), HSBC Holdings PLC 3.973% 22/05/2030 (0.22%), Pfizer Investment Enterprises Pte Ltd 4.45% 19/05/2028 (0.22%), Wells Fargo & Co 5.574% 25/07/2029 (0.21%), Bank of America Corp 5.202% 25/04/2029 (0.20%), Goldman Sachs Group Inc/The 4.223% 01/05/2029 (0.20%), JPMorgan Chase & Co 4.408% 23/04/2030 (0.19%) and Medline Borrower LP 3.875% 01/04/2029 (0.19%).
What were VGCA’s returns in each of the last five years?
Calendar-year returns of VGCA in pounds (price only, income paid out not included): 2025 +0.7%; 2026 to 13/11/2026 −2.0%. Past performance is not a guide to future returns.
How has VGCA done after inflation?
Over the year to 13/11/2026 VGCA’s total return was +2.1%, or −1.5% 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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