# Vanguard U.S. Treasury 7-10 Year Bond UCITS ETF USD (VLDP) **Page:** https://fundology.uk/fund/vldp · ISIN IE000U882CN5 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, VLDP (Vanguard U.S. Treasury 7-10 Year Bond UCITS ETF USD, ISIN IE000U882CN5) closed at $93.49 on the London Stock Exchange. Its ongoing charge is 0.06% a year (about £6 on £10,000). Over the year to 13/11/2026 its total return was −2.5%, or −5.9% after UK CPIH inflation. ## Summary Vanguard U.S. Treasury 7-10 Year Bond UCITS ETF USD is an exchange-traded fund (ETF) from Vanguard, launched in 2025. It tracks the Bloomberg US Treasury 7-10 Year Index - 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 0.06% a year — about £6 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. Latest close: **$93.49** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | VLDP | | ISIN | IE000U882CN5 | | Category | Government bonds | | Type | ETF | | Provider | Vanguard | | Tracks | Bloomberg US Treasury 7-10 Year Index - Benchmark TR Net | | Income | Distributing | | Ongoing charge | 0.06% a year (£6 per £10,000) | | Fund size | £2.2m | | Launched | 2025 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 04/11/2025 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -2.47% | -5.93% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Vanguard U.S. Treasury 7-10 Year Bond UCITS ETF USD in pounds (price only, income paid out not included): 2026 to 13/11/2026 −4.7%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2026 to 13/11/2026 | -4.7% | -7.7% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 6.40% | -8.67% | ## Largest fall Volatility of Vanguard U.S. Treasury 7-10 Year Bond UCITS ETF USD in pounds, annualised from weekly returns to 13/11/2026: 6.4% over 1 year. Largest fall in the price of Vanguard U.S. Treasury 7-10 Year Bond UCITS ETF USD since November 2025, in pounds: −8.7% from 21/11/2025 to 25/09/2026. On 13/11/2026 the price of Vanguard U.S. Treasury 7-10 Year Bond UCITS ETF USD was 7.7% below its highest weekly close since November 2025 (21/11/2025), in pounds. ## Charges compared with similar funds Ongoing charge of Vanguard U.S. Treasury 7-10 Year Bond UCITS ETF USD 0.06% a year. Compared on 14/11/2026, 272 of the 311 other government bond funds charge more, 26 the same and 13 less (share classes counted once). ## Funds tracking the same index 8 funds track Bloomberg US Treasury 7-10 Year Index - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.06% to 0.10% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi US Treasury Bond 7-10Y UCITS ETF | 0.07% | -3.4% | -2.8% | — | | Amundi US Treasury Bond 7-10Y UCITS ETF -Dist- Distribution | 0.07% | -3.8% | +3.4% | -6.7% | | Amundi US Treasury Bond 7-10Y UCITS ETF GBP Hedged Distribution | 0.09% | -7.0% | +0.5% | — | | Invesco US Treasury Bond 7-10 Year UCITS ETF | 0.06% | -3.6% | +3.7% | -6.3% | | Invesco US Treasury Bond 7-10 Year UCITS ETF Accum- USD | 0.06% | -3.6% | — | — | | Invesco US Treasury Bond 7-10 Year UCITS ETF GBP Hedged | 0.10% | -3.0% | +8.6% | -10.4% | | Vanguard Funds plc - Vanguard U.S. Treasury 7-10 Year Bond UCITS ETF AccumUSD | 0.06% | -2.5% | — | — | | Vanguard U.S. Treasury 7-10 Year Bond UCITS ETF USD (this fund) | 0.06% | -2.5% | — | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.06%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 31/10/2026, VLDP holds 15 positions, according to its published holdings. The largest is United States Treasury Note/Bond 4.625% 15/02/2035 at 8.56% of the fund; the ten largest make up 83.4%. ### Top holdings Largest positions (as of 31/10/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | United States Treasury Note/Bond 4.625% 15/02/2035 | — | 8.56% | | 2 | United States Treasury Note/Bond 4.625% 15/08/2036 | — | 8.52% | | 3 | United States Treasury Note/Bond 4.25% 15/11/2034 | — | 8.37% | | 4 | United States Treasury Note/Bond 4.375% 15/05/2036 | — | 8.36% | | 5 | United States Treasury Note/Bond 4.25% 15/05/2035 | — | 8.34% | | 6 | United States Treasury Note/Bond 4.375% 15/05/2034 | — | 8.34% | | 7 | United States Treasury Note/Bond 4.25% 15/08/2035 | — | 8.32% | | 8 | United States Treasury Note/Bond 4.00% 15/02/2034 | — | 8.21% | | 9 | United States Treasury Note/Bond 4.125% 15/02/2036 | — | 8.21% | | 10 | United States Treasury Note/Bond 3.875% 15/08/2034 | — | 8.16% | The 14 holdings on record (of 15 reported): https://fundology.uk/fund/vldp/holdings ## Questions people ask **What is the ongoing charge of VLDP?** The ongoing charge of VLDP is 0.06% a year — about £6 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 U.S. Treasury 7-10 Year Bond UCITS ETF USD 0.06% a year. Compared on 14/11/2026, 272 of the 311 other government bond funds charge more, 26 the same and 13 less (share classes counted once). **What does VLDP track?** VLDP tracks the Bloomberg US Treasury 7-10 Year Index - Benchmark TR Net. **Is VLDP accumulating or distributing?** VLDP 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 VLDP?** The ISIN of VLDP is IE000U882CN5. An ISIN identifies one exact share class of a fund; VLDP is its ticker on the London Stock Exchange. **What does VLDP hold?** As of 31/10/2026, VLDP holds 15 positions, according to its published holdings. The largest is United States Treasury Note/Bond 4.625% 15/02/2035 at 8.56% of the fund; the ten largest make up 83.4%. Its ten largest holdings are United States Treasury Note/Bond 4.625% 15/02/2035 (8.56%), United States Treasury Note/Bond 4.625% 15/08/2036 (8.52%), United States Treasury Note/Bond 4.25% 15/11/2034 (8.37%), United States Treasury Note/Bond 4.375% 15/05/2036 (8.36%), United States Treasury Note/Bond 4.25% 15/05/2035 (8.34%), United States Treasury Note/Bond 4.375% 15/05/2034 (8.34%), United States Treasury Note/Bond 4.25% 15/08/2035 (8.32%), United States Treasury Note/Bond 4.00% 15/02/2034 (8.21%), United States Treasury Note/Bond 4.125% 15/02/2036 (8.21%) and United States Treasury Note/Bond 3.875% 15/08/2034 (8.16%). **What were VLDP’s returns in each of the last five years?** Calendar-year returns of VLDP in pounds (price only, income paid out not included): 2026 to 13/11/2026 −4.7%. Past performance is not a guide to future returns. **How has VLDP done after inflation?** Over the year to 13/11/2026 VLDP’s total return was −2.5%, or −5.9% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at Vanguard](https://www.vanguard.co.uk/professional/product/etf/bond/E131/us-treasury-7-10-year-bond-ucits-etf-usd-dist) - [Key investor information document (KIID)](https://fund-docs.vanguard.com/ie000u882cn5-en.pdf) - [Factsheet](https://fund-docs.vanguard.com/U.S._Treasury_7-10_Year_Bond_UCITS_ETF_USD_Dist_E131_EU_INT_UK_EN.pdf) - Links checked 12/10/2026. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.