ETF · Vanguard
VGOV Vanguard UK Gilt UCITS ETF
ISIN IE00B42WWV65London Stock Exchange: VGOVThe Vanguard Group, Inc.
- Government bonds
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£15.12
on
- Ongoing charge
- 0.05% a year
- Fund size
- £261m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, VGOV (Vanguard UK Gilt UCITS ETF, ISIN IE00B42WWV65) closed at £15.12 on the London Stock Exchange. Its ongoing charge is 0.05% a year (about £5 on £10,000). Over the five years to 30/09/2026 its total return was −34.7%, or −49.0% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- −1.0%
- −4.1% after inflation (UK CPIH)
- 3 years to 30/09/2026
- −3.6%
- −13.0% after inflation (UK CPIH)
- 5 years to 30/09/2026
- −34.7%
- −49.0% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £653 on 30/09/2026 — about £510 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
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 UK Gilt UCITS ETF in pounds (income reinvested to 10/07/2026, price only after): 2022 −27.0%, 2023 +3.3%, 2024 −4.8%, 2025 +5.0%; 2026 to 30/09/2026 −3.6%. Returns of Vanguard UK Gilt UCITS ETF in pounds (income reinvested to 10/07/2026, price only after) over the 12 months to 30/09/2026: −0.6%; to 30/09/2025: −2.4%; to 30/09/2024: +8.6%; to 30/09/2023: −3.8%; to 30/09/2022: −27.5%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −3.6% | −6.3% | |
| +5.0% | +1.4% | ||
| −4.8% | −8.1% | ||
| +3.3% | −0.8% | ||
| −27.0% | −33.2% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −0.6% | Not available |
| from | −2.4% | −6.2% |
| from | +8.6% | +5.8% |
| from | −3.8% | −9.6% |
| from | −27.5% | −33.4% |
Source: Fundology, from recorded closes, 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)
10.9%over 5 years
| 1 year | 7.2% |
|---|---|
| 3 years | 7.6% |
| 5 years | 10.9% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since October 2021
- −35.8%
- From to
- Lowest 12-month return
- −31.5%
- 12 months to
- Highest 12-month return
- +10.4%
- 12 months to
- Below its highest weekly close since October 2021
- 30.0%
- High of , latest
In words: Volatility of Vanguard UK Gilt UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 7.2% over 1 year, 7.6% over 3 years, 10.9% over 5 years. Largest fall of Vanguard UK Gilt UCITS ETF since October 2021, in pounds (income reinvested to 10/07/2026, price only after): −35.8% from 10/12/2021 to 14/10/2022. The lowest 12-month return of Vanguard UK Gilt UCITS ETF in pounds (income reinvested to 10/07/2026, price only after) since July 2021 was −31.5% (12 months to 14/10/2022); the highest was +10.4% (12 months to 18/10/2024). On 30/09/2026 the price of Vanguard UK Gilt UCITS ETF was 30.0% below its highest weekly close since October 2021 (10/12/2021), in pounds (income reinvested to 10/07/2026, price only after).
Source: Fundology, from recorded closes, as of , income reinvested to 10/07/2026, price only after — income paid out since then is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.05%
- a year
- On £10,000
- £5
- a year, roughly
- Over five years
- £25
- of £10,000, before growth
- 0 charge less
- 5 the same
- 269 charge more
Ongoing charge of Vanguard UK Gilt UCITS ETF 0.05% a year, as of 01/10/2026: 269 of the 274 other government bond funds charge more, 5 the same and 0 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 UK Gilt UCITS ETF is an exchange-traded fund (ETF) from Vanguard, launched in 2012.
It tracks the Bloomberg Sterling Gilt Float Adjusted index - GBP - Benchmark TR Net — UK government bonds (gilts).
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.05% a year — about £5 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
- VGOV
- ISIN
- IE00B42WWV65
- Provider
- Vanguard
- Tracks
- Bloomberg Sterling Gilt Float Adjusted index
- 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
- 0.05% a year · about £5 on £10,000
- Fund size
- £261m
- Launched
- Domicile
- Ireland
- Can be held in
- ISA and SIPP
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Government bonds
Price chart
Over the last year, the closing price went from £15.31 on 05/10/2025 to £15.12 on 30/09/2026 (−1.3%). The lowest close shown was £15.12 on 30/09/2026 and the highest £16.13 on 23/02/2026.
Chart: closing prices we have recorded since 05/10/2025. Points up to mid-2026 have income reinvested; later ones are the price as traded, so the line is not measured the same way throughout.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
248 weekly closes, from 26/09/2021 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 2 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | United Kingdom Gilt | 99.45% |
| 2 | Cash and cash equivalents | 0.55% |
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 type of asset
- Bonds99.5%
- Cash and money market0.6%
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
2 funds track Bloomberg Sterling Gilt Float Adjusted index - GBP - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.05% to 0.07% a year (30/09/2026).
| Fund | 1 year | 5 years |
|---|---|---|
| Vanguard UK Gilt UCITS ETFThis fundDistributing · 0.05% a year | −1.0% | −34.7% |
| Vanguard UK Gilt UCITS ETFAccumulating · Currency hedged · 0.07% a year | +0.4% | −24.9% |
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, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 213 rolling 12-month returns since July 2021, and of 109 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The largest fall since October 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 30/09/2026 (146 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 VGOV?
The ongoing charge of VGOV is 0.05% a year — about £5 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 UK Gilt UCITS ETF 0.05% a year, as of 01/10/2026: 269 of the 274 other government bond funds charge more, 5 the same and 0 less (share classes counted once).
What does VGOV track?
VGOV tracks the Bloomberg Sterling Gilt Float Adjusted index - GBP - Benchmark TR Net — UK government bonds (gilts).
Is VGOV accumulating or distributing?
VGOV 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 VGOV?
The ISIN of VGOV is IE00B42WWV65. An ISIN identifies one exact share class of a fund; VGOV is its ticker on the London Stock Exchange.
What were VGOV’s returns in each of the last five years?
Calendar-year returns of VGOV in pounds (income reinvested to 10/07/2026, price only after): 2022 −27.0%, 2023 +3.3%, 2024 −4.8%, 2025 +5.0%; 2026 to 30/09/2026 −3.6%. Past performance is not a guide to future returns.
How has VGOV done after inflation?
Over the five years to 30/09/2026 VGOV’s total return was −34.7%, or −49.0% after UK CPIH inflation. Past performance is not a guide to future returns.
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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
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