ETF · Vanguard
VGGS Vanguard Global Government Bond UCITS ETF Accum-Hedged- GBP
ISIN IE000AI6QNJ5London Stock Exchange: VGGSThe Vanguard Group, Inc.
- Government bonds
- ETF
- ISA
- SIPP
- Accumulating
- Currency hedged
Latest close
LSE£5.03
on
- Ongoing charge
- 0.10% a year
- Fund size
- £35.7m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, VGGS (Vanguard Global Government Bond UCITS ETF Accum-Hedged- GBP, ISIN IE000AI6QNJ5) closed at £5.03 on the London Stock Exchange. Its ongoing charge is 0.10% a year (about £10 on £10,000). Over the year to 30/09/2026 its total return was −2.5%, or −5.5% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- −2.5%
- −5.5% after inflation (UK CPIH)
Returns: TradingView (delayed data). Inflation: ONS 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 Global Government Bond UCITS ETF Accum-Hedged- GBP in pounds (price, with income reinvested in the fund): 2026 to 30/09/2026 −2.4%. Returns of Vanguard Global Government Bond UCITS ETF Accum-Hedged- GBP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −1.8%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −2.4% | −5.2% |
| 12 months to | Return |
|---|---|
| from | −1.8% |
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
3.4%over 1 year
Annualised from weekly returns. Higher means bumpier.
- Largest fall since March 2025
- −4.3%
- From to
- Below its highest weekly close since March 2025
- 4.3%
- High of , latest
In words: Volatility of Vanguard Global Government Bond UCITS ETF Accum-Hedged- GBP in pounds, annualised from weekly returns to 30/09/2026: 3.4% over 1 year. Largest fall in the price of Vanguard Global Government Bond UCITS ETF Accum-Hedged- GBP since March 2025, in pounds: −4.3% from 27/02/2026 to 30/09/2026. On 30/09/2026 the price of Vanguard Global Government Bond UCITS ETF Accum-Hedged- GBP was 4.3% below its highest weekly close since March 2025 (27/02/2026), in pounds.
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.10%
- a year
- On £10,000
- £10
- a year, roughly
- Over five years
- £50
- of £10,000, before growth
- 76 charge less
- 37 the same
- 161 charge more
Ongoing charge of Vanguard Global Government Bond UCITS ETF Accum-Hedged- GBP 0.10% a year, as of 01/10/2026: 161 of the 274 other government bond funds charge more, 37 the same and 76 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Vanguard Global Government Bond UCITS ETF Accum-Hedged- GBP is an exchange-traded fund (ETF) from Vanguard, launched in 2025.
It tracks the Bloomberg Global Treasury Developed Countries Float Adjusted 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 0.1% a year — about £10 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.
It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.
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 incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- VGGS
- ISIN
- IE000AI6QNJ5
- Provider
- Vanguard
- Tracks
- Bloomberg Global Treasury Developed Countries Float Adjusted Index
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.10% a year · about £10 on £10,000
- Fund size
- £35.7m
- Launched
- Domicile
- Ireland
- Can be held in
- ISA and SIPP
- Currency hedged
- Yes, to pounds
- Price currency
- Pounds (GBP)
- Category
- Government bonds
Price chart
Since 30/07/2026, the closing price went from £5.14 on 30/07/2026 to £5.03 on 30/09/2026 (−2.2%). The lowest close shown was £5.03 on 30/09/2026 and the highest £5.15 on 06/08/2026.
Chart: closing prices we have recorded since 30/07/2026.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
10 weekly closes, from 30/07/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS 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
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | United States Treasury Note/Bond | 47.24% |
| 2 | French Republic Government Bond OAT | 7.60% |
| 3 | Italy Buoni Poliennali Del Tesoro | 6.88% |
| 4 | United Kingdom Gilt | 6.10% |
| 5 | Spain Government Bond | 4.20% |
| 6 | Bundesrepublik Deutschland Bundesanleihe | 3.60% |
| 7 | Japan Government Ten Year Bond | 2.64% |
| 8 | Japan Government Twenty Year Bond | 2.46% |
| 9 | Canadian Government Bond | 2.16% |
| 10 | Japan Government Five Year Bond | 2.07% |
Source: Vanguard, holdings as published, as of , company pages by TradingView
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.
By country
- United States47.2%
- Japan9.9%
- France7.6%
- Italy6.9%
- United Kingdom6.1%
- Germany6.1%
- Spain4.2%
- Canada2.2%
- Other countries9.7%
- Not classified0.5%
By type of asset
- Bonds99.8%
- Cash and money market0.5%
38 holdings are listed for this fund. All 38 holdings of VGGS, with the full split by sector, country and type of asset.
All holdings
The fund publishes 38 holdings; the ten largest make up 85.0% 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 Global Treasury Developed Countries Float Adjusted Index - EUR - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.10% to 0.10% a year (30/09/2026).
| Fund | 1 year |
|---|---|
| Vanguard Global Government Bond UCITS ETF -Hedged- GBPDistributing · Currency hedged · 0.10% a year | −2.5% |
| Vanguard Global Government Bond UCITS ETF Accum-Hedged- GBPThis fundAccumulating · Currency hedged · 0.10% a year | −2.5% |
Source: TradingView reported returns and fund ongoing charges, as of
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 accountLargest falls and recoveries
The largest fall since March 2025, 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 and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Questions people ask
What is the ongoing charge of VGGS?
The ongoing charge of VGGS is 0.10% a year — about £10 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 Global Government Bond UCITS ETF Accum-Hedged- GBP 0.10% a year, as of 01/10/2026: 161 of the 274 other government bond funds charge more, 37 the same and 76 less (share classes counted once).
What does VGGS track?
VGGS tracks the Bloomberg Global Treasury Developed Countries Float Adjusted Index - EUR - Benchmark TR Net.
Is VGGS accumulating or distributing?
VGGS 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 VGGS?
The ISIN of VGGS is IE000AI6QNJ5. An ISIN identifies one exact share class of a fund; VGGS is its ticker on the London Stock Exchange.
What were VGGS’s returns in each of the last five years?
Calendar-year returns of VGGS in pounds (price, with income reinvested in the fund): 2026 to 30/09/2026 −2.4%. Past performance is not a guide to future returns.
How has VGGS done after inflation?
Over the year to 30/09/2026 VGGS’s total return was −2.5%, or −5.5% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- CU71iShares USD Treasury Bond 3-7yr UCITS ETF0.07% a year · £4.6bn
- IBTAiShares USD Treasury Bond 1-3yr UCITS ETF0.07% a year · £4.3bn
- SEGAiShares Core EUR Govt Bond UCITS ETF0.07% a year · £3.4bn
- CBU0iShares USD Treasury Bond 7-10yr UCITS ETF USD (Acc) USD0.07% a year · £2.8bn
- SEMLiShares J.P. Morgan EM Local Govt Bond UCITS ETF0.50% a year · £2.7bn
- VETAVanguard EUR Eurozone Government Bond UCITS ETF0.11% a year · £2.6bn
- IGLTiShares Core UK Gilts UCITS ETF0.07% a year · £2.5bn
- 0DMLXtrackers II Eurozone Government Bond 1-3 UCITS ETF0.24% a year · £2.3bn
Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- TradingView reported returns (net asset value with income reinvested where available)
- Calendar years, risk
- Fundology, from recorded closes (weekly history from the data vendor where our record is short)
- Inflation
- ONS CPIH, latest month used August 2026
- Charges
- The fund’s ongoing charges figure, via TradingView
- Holdings
- Vanguard, as published,
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.