# Vanguard FTSE North America UCITS ETF (VNRG)

**Source:** https://fundology.uk/fund/vnrg · ISIN IE00BK5BQW10 · Data: TradingView (LSE closes and returns, delayed), issuer documents and holdings (Vanguard), ONS CPIH, FCA FIRDS

## 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 01/10/2026, VNRG (Vanguard FTSE North America UCITS ETF, ISIN IE00BK5BQW10) closed at £145.78 on the London Stock Exchange. Its ongoing charge is 0.10% a year (about £10 on £10,000). Over the five years to 01/10/2026 its total return was +85.9%, or +45.3% after UK CPIH inflation.

## Summary

Vanguard FTSE North America UCITS ETF Accum Shs USD is an exchange-traded fund (ETF) from Vanguard, launched in 2019. It tracks the FTSE North America Index. 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.

Latest close: **£145.78** (01/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | VNRG |
| ISIN | IE00BK5BQW10 |
| Category | US shares |
| Type | ETF |
| Provider | Vanguard |
| Tracks | FTSE North America Index |
| Income | Accumulating |
| Ongoing charge | 0.10% a year (£10 per £10,000) |
| Fund size | £1.9bn |
| Launched | 2019 |
| Domicile | Ireland |

## Past returns (periods to 01/10/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +17.07% | +13.40% | income reinvested |
| 3 years | +68.94% | +52.44% | income reinvested |
| 5 years | +85.86% | +45.29% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Vanguard FTSE North America UCITS ETF Accum Shs USD in pounds (price, with income reinvested in the fund): 2022 −9.9%, 2023 +19.9%, 2024 +27.2%, 2025 +9.6%; 2026 to 01/10/2026 +13.6%. Returns of Vanguard FTSE North America UCITS ETF Accum Shs USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +18.4%; to 30/09/2025: +17.2%; to 30/09/2024: +22.5%; to 30/09/2023: +8.7%; to 30/09/2022: +0.9%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -9.9% | -17.5% | Price |
| 2023 | +19.9% | +15.1% | Price |
| 2024 | +27.2% | +22.9% | Price |
| 2025 | +9.6% | +5.8% | Price |
| 2026 to 01/10/2026 | +13.6% | +10.5% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 11.38% | -6.89% |
| 3 years | 12.71% | -18.58% |
| 5 years | 13.46% | -18.58% |

## Largest fall

Volatility of Vanguard FTSE North America UCITS ETF Accum Shs USD in pounds, annualised from weekly returns to 01/10/2026: 11.4% over 1 year, 12.7% over 3 years, 13.5% over 5 years. Largest fall in the price of Vanguard FTSE North America UCITS ETF Accum Shs USD since October 2021, in pounds: −18.6% from 17/01/2025 to 18/04/2025. The lowest 12-month return of Vanguard FTSE North America UCITS ETF Accum Shs USD in pounds (price, with income reinvested in the fund) since January 2021 was −9.9% (12 months to 23/12/2022); the highest was +33.7% (12 months to 22/11/2024). On 01/10/2026 the price of Vanguard FTSE North America UCITS ETF Accum Shs USD was 0.9% below its highest weekly close since October 2021 (25/09/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Vanguard FTSE North America UCITS ETF Accum Shs USD 0.10% a year, as of 02/10/2026: 143 of the 208 other US share funds charge more, 8 the same and 57 less (share classes counted once).

## Funds tracking the same index

2 funds track FTSE North America Index, this one included and share classes counted once; their ongoing charges range from 0.10% to 0.10% a year (01/10/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Vanguard FTSE North America UCITS ETF | 0.10% | +17.1% | +68.9% | +85.9% |
| Vanguard FTSE North America UCITS ETF Accum Shs USD (this fund) | 0.10% | +17.1% | +68.9% | +85.9% |

Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.10%** per year
- ISA eligible: yes
- SIPP eligible: yes

## What it holds

As of 31/08/2026, VNRG holds 597 positions, according to the holdings Vanguard publishes. The largest is NVIDIA at 7.39% of the fund; the ten largest make up 36.9%.

### Top holdings

Largest positions (as of 31/08/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 7.39% |
| 2 | Apple | [AAPL](https://fundology.uk/stock/AAPL) | 6.58% |
| 3 | Microsoft | [MSFT](https://fundology.uk/stock/MSFT) | 5.41% |
| 4 | Alphabet | [GOOG](https://fundology.uk/stock/GOOG) | 5.13% |
| 5 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 3.62% |
| 6 | Broadcom | [AVGO](https://fundology.uk/stock/AVGO) | 2.47% |
| 7 | Meta Platforms | [META](https://fundology.uk/stock/META) | 1.81% |
| 8 | Micron Technology | [MU](https://fundology.uk/stock/MU) | 1.55% |
| 9 | Tesla | [TSLA](https://fundology.uk/stock/TSLA) | 1.54% |
| 10 | JP Morgan Chase | [JPM](https://fundology.uk/stock/JPM) | 1.37% |

Source: Vanguard, holdings as published, as of 31/08/2026.

## Where it invests

Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.

### By sector

Added up from the holdings Vanguard publishes, as of 31/08/2026.

| Sector | Weight |
|---|---|
| Information Technology | 36.4% |
| Financials | 13.6% |
| Communication Services | 9.3% |
| Consumer Discretionary | 8.9% |
| Health Care | 8.8% |
| Industrials | 8.2% |
| Consumer Staples | 4.3% |
| Energy | 4.1% |
| Other sectors | 6.0% |
| Not classified | 0.1% |

### By country

Added up from the holdings Vanguard publishes, as of 31/08/2026.

| Country | Weight |
|---|---|
| United States | 95.2% |
| Canada | 4.6% |
| Not classified | 0.1% |

### By type of asset

Added up from the holdings Vanguard publishes, as of 31/08/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.8% |
| Cash and money market | 0.1% |

The 573 holdings on record (of 597 Vanguard reports): https://fundology.uk/fund/vnrg/holdings

## Questions people ask

**What is the ongoing charge of VNRG?**

The ongoing charge of VNRG 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 FTSE North America UCITS ETF Accum Shs USD 0.10% a year, as of 02/10/2026: 143 of the 208 other US share funds charge more, 8 the same and 57 less (share classes counted once).

**What does VNRG track?**

VNRG tracks the FTSE North America Index.

**Is VNRG accumulating or distributing?**

VNRG 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 VNRG?**

The ISIN of VNRG is IE00BK5BQW10. An ISIN identifies one exact share class of a fund; VNRG is its ticker on the London Stock Exchange.

**What does VNRG hold?**

As of 31/08/2026, VNRG holds 597 positions, according to the holdings Vanguard publishes. The largest is NVIDIA at 7.39% of the fund; the ten largest make up 36.9%. Its ten largest holdings are NVIDIA (7.39%), Apple (6.58%), Microsoft (5.41%), Alphabet (5.13%), Amazon (3.62%), Broadcom (2.47%), Meta Platforms (1.81%), Micron Technology (1.55%), Tesla (1.54%) and JP Morgan Chase (1.37%).

**What were VNRG’s returns in each of the last five years?**

Calendar-year returns of VNRG in pounds (price, with income reinvested in the fund): 2022 −9.9%, 2023 +19.9%, 2024 +27.2%, 2025 +9.6%; 2026 to 01/10/2026 +13.6%. Past performance is not a guide to future returns.

**How has VNRG done after inflation?**

Over the five years to 01/10/2026 VNRG’s total return was +85.9%, or +45.3% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.