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£15.27
on
- Ongoing charge
- 0.05% a year
- Fund size
- £356m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, VGOV (Vanguard UK Gilt UCITS ETF, ISIN IE00B42WWV65) closed at £15.27 on the London Stock Exchange. Its ongoing charge is 0.05% a year (about £5 on £10,000). Over the five years to 13/11/2026 its price changed by −27.1% (income paid out is not included), or −43.1% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −1.8%
- −5.3% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +4.6%
- −5.5% after inflation (UK CPIH)
- 5 years to 13/11/2026
- −27.1%
- −43.1% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £729 on 13/11/2026 — about £569 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 UK Gilt UCITS ETF in pounds (income reinvested to 10/07/2026, price only after): 2022 −27.0%, 2023 +3.3%, 2024 −4.6%, 2025 +4.7%; 2026 to 13/11/2026 −2.6%. 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: −1.0%; to 30/09/2025: −2.0%; to 30/09/2024: +8.6%; to 30/09/2023: −3.8%; to 30/09/2022: −26.4%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −2.6% | −5.7% | |
| to | +4.7% | +1.1% | |
| to | −4.6% | −7.9% | |
| +3.3% | −0.8% | ||
| −27.0% | −33.2% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −1.0% | −4.5% |
| from | −2.0% | −5.8% |
| from | +8.6% | +5.8% |
| from | −3.8% | −9.6% |
| from | −26.4% | −32.3% |
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)
10.5%over 5 years
| 1 year | 6.3% |
|---|---|
| 3 years | 7.0% |
| 5 years | 10.5% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 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 November 2021
- 29.3%
- High of , latest
In words: Volatility of Vanguard UK Gilt UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 6.3% over 1 year, 7.0% over 3 years, 10.5% over 5 years. Largest fall of Vanguard UK Gilt UCITS ETF since November 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 13/11/2026 the price of Vanguard UK Gilt UCITS ETF was 29.3% below its highest weekly close since November 2021 (10/12/2021), in pounds (income reinvested to 10/07/2026, price only after).
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
- 12 the same
- 299 charge more
Ongoing charge of Vanguard UK Gilt UCITS ETF 0.05% a year. Compared on 14/11/2026, 299 of the 311 other government bond funds charge more, 12 the same and 0 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 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
- 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
- £356m
- 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 VGOV was £0.055664 per share: it went ex-dividend on and was paid on . In the 12 months to VGOV declared 12 distributions, together £0.711209 per share. VGOV has a distribution yield of 4.65% as at .
- Latest distribution
- £0.055664
- per share, ex-dividend
- 12 months to
- £0.711209
- per share, from 12 distributions
- Distribution yield
- 4.65%
- as at
| Ex-dividend date | Payment date | Amount per share |
|---|---|---|
| £0.055664 | ||
| £0.0552 | ||
| £0.068367 | ||
| £0.05483 | ||
| £0.054248 | ||
| £0.068939 | ||
| £0.054911 | ||
| £0.055172 |
Distributions are not guaranteed: they can rise, fall or stop. Future dates are set and announced by the fund manager. 173 distributions are on record since .
As of
Price chart
Over the last year, the closing price went from £15.97 on 14/11/2025 to £15.27 on 13/11/2026 (−4.4%). The lowest close shown was £15.12 on 09/10/2026 and the highest £16.37 on 27/02/2026.
One close a week. Before 18/09/2026 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
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
- 67
- 72 reported in all
- Ten largest
- 33.2%
- of the whole fund
- Effective number of holdings
- 46
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 5.3%
- United Kingdom Gilt 4.375% 07/03/2028
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | United Kingdom Gilt 4.375% 07/03/2028United Kingdom | 5.27% |
| 2 | United Kingdom Gilt 4.375% 07/03/2030United Kingdom | 3.84% |
| 3 | United Kingdom Gilt 4.50% 07/06/2028United Kingdom | 3.49% |
| 4 | United Kingdom Gilt 4.125% 22/07/2029United Kingdom | 3.39% |
| 5 | United Kingdom Gilt 4.00% 22/10/2031United Kingdom | 3.09% |
| 6 | United Kingdom Gilt 4.75% 22/10/2035United Kingdom | 2.98% |
| 7 | United Kingdom Gilt 4.00% 22/05/2029United Kingdom | 2.93% |
| 8 | United Kingdom Gilt 4.50% 07/03/2035United Kingdom | 2.85% |
| 9 | United Kingdom Gilt 4.125% 07/03/2031United Kingdom | 2.82% |
| 10 | United Kingdom Gilt 4.625% 31/01/2034United Kingdom | 2.57% |
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 type of asset
- Bonds99.3%
- Cash and money market0.8%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 67 largest and what changed since .
All holdings
The fund publishes 72 holdings; the ten largest make up 33.2% 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
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 0.05% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Vanguard UK Gilt UCITS ETFThis fundDistributing · 0.05% a year | 0.05% | −1.8% | Not reported | Not reported |
| Vanguard UK Gilt UCITS ETFAccumulating · 0.05% a year | 0.05% | +1.2% | +18.0% | −13.9% |
As of
Bloomberg Sterling Gilt Float Adjusted 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 228 rolling 12-month returns since July 2021, and of 124 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 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. Compared on 14/11/2026, 299 of the 311 other government bond funds charge more, 12 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.
When does VGOV pay dividends?
VGOV 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 VGOV’s dividend yield?
VGOV has a distribution yield of 4.65% 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 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 does VGOV hold?
As of 31/10/2026, VGOV holds 72 positions, according to its published holdings. The largest is United Kingdom Gilt 4.375% 07/03/2028 at 5.27% of the fund; the ten largest make up 33.2%. Its ten largest holdings are United Kingdom Gilt 4.375% 07/03/2028 (5.27%), United Kingdom Gilt 4.375% 07/03/2030 (3.84%), United Kingdom Gilt 4.50% 07/06/2028 (3.49%), United Kingdom Gilt 4.125% 22/07/2029 (3.39%), United Kingdom Gilt 4.00% 22/10/2031 (3.09%), United Kingdom Gilt 4.75% 22/10/2035 (2.98%), United Kingdom Gilt 4.00% 22/05/2029 (2.93%), United Kingdom Gilt 4.50% 07/03/2035 (2.85%), United Kingdom Gilt 4.125% 07/03/2031 (2.82%) and United Kingdom Gilt 4.625% 31/01/2034 (2.57%).
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 −4.6%, 2025 +4.7%; 2026 to 13/11/2026 −2.6%. Past performance is not a guide to future returns.
How has VGOV done after inflation?
Over the five years to 13/11/2026 VGOV’s price changed by −27.1% (income paid out is not included), or −43.1% 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 · £6.1bn
- IBTAiShares USD Treasury Bond 1-3yr UCITS ETF Acc0.07% a year · £5.8bn
- SEGAiShares Core EUR Govt Bond UCITS ETF0.07% a year · £4.6bn
- SEMLiShares J.P. Morgan EM Local Govt Bond UCITS ETF0.50% a year · £4.1bn
- CBU0iShares USD Treasury Bond 7-10yr UCITS ETF USD (Acc) USD0.07% a year · £3.9bn
- VETAVanguard EUR Eurozone Government Bond UCITS ETF0.07% a year · £3.4bn
- IGLTiShares Core UK Gilts UCITS ETF0.07% a year · £3.4bn
- IBTMiShares USD Treasury Bond 7-10yr UCITS ETF0.07% a year · £3.0bn
Fund documents and methods
- Fund documents
- Fund page at Vanguard · Key investor information document (KIID) · Factsheet (links checked )
Methodology:ReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.