# Vanguard USD Corporate 1-3 Year Bond UCITS ETF (VUSC) **Page:** https://fundology.uk/fund/vusc · ISIN IE00BDD48R20 ## 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, VUSC (Vanguard USD Corporate 1-3 Year Bond UCITS ETF, ISIN IE00BDD48R20) closed at £36.75 on the London Stock Exchange. Its ongoing charge is 0.09% a year (about £9 on £10,000). Over the five years to 13/11/2026 its price changed by −4.3% (income paid out is not included), or −25.3% after UK CPIH inflation. ## Summary Vanguard USD Corporate 1-3 Year Bond UCITS ETF is an exchange-traded fund (ETF) from Vanguard, launched in 2018. It tracks the Bloomberg Global Aggregate Corporate (1-3 Y) (USD). You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.09% a year — about £9 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: **£36.75** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | VUSC | | ISIN | IE00BDD48R20 | | Also listed as | VDUC (London Stock Exchange, US dollars) | | Category | Corporate & other bonds | | Type | ETF | | Provider | Vanguard | | Tracks | Bloomberg Global Aggregate Corporate (1-3 Y) (USD) | | Income | Distributing | | Ongoing charge | 0.09% a year (£9 per £10,000) | | Fund size | £192m | | Launched | 2018 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 24/05/2018 | ## Income and distributions > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 14/11/2026, the latest distribution of VUSC was US$0.178077 per share: it went ex-dividend on 15/10/2026 and was paid on 28/10/2026. In the 12 months to 14/11/2026 VUSC declared 12 distributions, together US$2.156124 per share. VUSC has a distribution yield of 4.43% as at 31/10/2026. Latest distributions of VUSC per share, as of 14/11/2026: | Ex-dividend date | Payment date | Amount per share | |---|---|---| | 15/10/2026 | 28/10/2026 | US$0.178077 | | 17/09/2026 | 30/09/2026 | US$0.1621 | | 20/08/2026 | 02/09/2026 | US$0.200097 | | 16/07/2026 | 29/07/2026 | US$0.167454 | | 18/06/2026 | 01/07/2026 | US$0.156337 | | 21/05/2026 | 03/06/2026 | US$0.209536 | | 16/04/2026 | 29/04/2026 | US$0.145934 | | 19/03/2026 | 01/04/2026 | US$0.192619 | VUSC declares its distributions in US dollars; what reaches an account in pounds depends on the exchange rate the platform uses. Distributions are not guaranteed: they can rise, fall or stop. Future dates are set and announced by the fund manager. 101 distributions are on record since 21/06/2018. ## 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 | +0.49% | -3.07% | income reinvested | | 3 years | -7.08% | -16.05% | price only | | 5 years | -4.26% | -25.27% | price only | Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Vanguard USD Corporate 1-3 Year Bond UCITS ETF in pounds (price only, income paid out not included): 2022 +5.6%, 2023 −4.3%, 2024 +3.0%, 2025 −7.3%; 2026 to 13/11/2026 −0.1%. Returns of Vanguard USD Corporate 1-3 Year Bond UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −0.4%; to 30/09/2025: −0.7%; to 30/09/2024: −6.1%; to 30/09/2023: −8.6%; to 30/09/2022: +13.0%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +5.6% | -3.3% | Price | | 2023 | -4.3% | -8.1% | Price | | 2024 | +3.0% | -0.5% | Price | | 2025 | -7.3% | -10.4% | Price | | 2026 to 13/11/2026 | -0.1% | -3.3% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 5.21% | -4.89% | | 3 years | 6.07% | -10.83% | | 5 years | 7.10% | -18.59% | ## Largest fall Volatility of Vanguard USD Corporate 1-3 Year Bond UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 5.2% over 1 year, 6.1% over 3 years, 7.1% over 5 years. Largest fall in the price of Vanguard USD Corporate 1-3 Year Bond UCITS ETF since November 2021, in pounds: −18.6% from 23/09/2022 to 21/08/2026. The lowest 12-month return of Vanguard USD Corporate 1-3 Year Bond UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −11.0% (12 months to 22/09/2023); the highest was +16.6% (12 months to 23/09/2022). On 13/11/2026 the price of Vanguard USD Corporate 1-3 Year Bond UCITS ETF was 16.8% below its highest weekly close since November 2021 (23/09/2022), in pounds. ## Charges compared with similar funds Ongoing charge of Vanguard USD Corporate 1-3 Year Bond UCITS ETF 0.09% a year. Compared on 14/11/2026, 410 of the 427 other corporate and other bond funds charge more, 9 the same and 8 less (share classes counted once). ## Funds tracking the same index 3 funds track Bloomberg Global Aggregate Corporate (1-3 Y) (USD), this one included and share classes counted once; their ongoing charges range from 0.09% to 0.12% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Vanguard USD Corporate 1-3 Year Bond UCITS ETF (this fund) | 0.09% | +0.5% | — | — | | Vanguard USD Corporate 1-3 Year Bond UCITS ETF Acc | 0.09% | +1.6% | +7.5% | +16.2% | | Vanguard USD Corporate 1-3 year Bond UCITS ETF Hedged GBP | 0.12% | +2.1% | — | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.09%** per year (as of 14/11/2026) - 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, VUSC holds 2,244 positions, according to its published holdings. The largest is Cash and cash equivalents at 1.91% of the fund; the ten largest make up 3.9%. ### Top holdings Largest positions (as of 31/10/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Cash and cash equivalents | — | 1.91% | | 2 | Bank of America Corp 3.419% 20/12/2028 | — | 0.31% | | 3 | CVS Health Corp 4.30% 25/03/2028 | — | 0.23% | | 4 | HSBC Holdings PLC 3.973% 22/05/2030 | — | 0.22% | | 5 | Pfizer Investment Enterprises Pte Ltd 4.45% 19/05/2028 | — | 0.22% | | 6 | Wells Fargo & Co 5.574% 25/07/2029 | — | 0.21% | | 7 | Bank of America Corp 5.202% 25/04/2029 | — | 0.20% | | 8 | Goldman Sachs Group Inc/The 4.223% 01/05/2029 | — | 0.20% | | 9 | JPMorgan Chase & Co 4.408% 23/04/2030 | — | 0.19% | | 10 | Medline Borrower LP 3.875% 01/04/2029 | — | 0.19% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By sector Added up from the fund’s published holdings, as of 30/09/2026. | Sector | Weight | |---|---| | Financials | 31.0% | | Information Technology | 5.1% | | Industrials | 4.7% | | Health Care | 4.7% | | Consumer Discretionary | 3.9% | | Utilities | 3.4% | | Consumer Staples | 2.7% | | Communication Services | 2.3% | | Other sectors | 5.1% | | Not classified | 36.9% | ### By country Added up from the fund’s published holdings, as of 30/09/2026. | Country | Weight | |---|---| | United States | 71.3% | | United Kingdom | 4.5% | | Canada | 3.4% | | Japan | 2.9% | | France | 2.3% | | Cayman Islands | 1.8% | | Australia | 1.6% | | Netherlands | 1.3% | | Other countries | 8.7% | | Not classified | 1.8% | ### By type of asset Added up from the fund’s published holdings, as of 30/09/2026. | Type of asset | Weight | |---|---| | Bonds | 97.9% | | Cash and money market | 1.8% | The 2,125 holdings on record (of 2,244 reported): https://fundology.uk/fund/vusc/holdings ## Questions people ask **What is the ongoing charge of VUSC?** The ongoing charge of VUSC is 0.09% a year — about £9 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 USD Corporate 1-3 Year Bond UCITS ETF 0.09% a year. Compared on 14/11/2026, 410 of the 427 other corporate and other bond funds charge more, 9 the same and 8 less (share classes counted once). **What does VUSC track?** VUSC tracks the Bloomberg Global Aggregate Corporate (1-3 Y) (USD). **Is VUSC accumulating or distributing?** VUSC is distributing: income is paid out to holders as cash, usually a few times a year. It pays out monthly. **When does VUSC pay dividends?** VUSC 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 VUSC’s dividend yield?** VUSC has a distribution yield of 4.43% 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 VUSC?** The ISIN of VUSC is IE00BDD48R20. An ISIN identifies one exact share class of a fund; VUSC is its ticker on the London Stock Exchange. The same share class is also listed as VDUC (London Stock Exchange, US dollars). **What does VUSC hold?** As of 31/10/2026, VUSC holds 2,244 positions, according to its published holdings. The largest is Cash and cash equivalents at 1.91% of the fund; the ten largest make up 3.9%. Its ten largest holdings are Cash and cash equivalents (1.91%), Bank of America Corp 3.419% 20/12/2028 (0.31%), CVS Health Corp 4.30% 25/03/2028 (0.23%), HSBC Holdings PLC 3.973% 22/05/2030 (0.22%), Pfizer Investment Enterprises Pte Ltd 4.45% 19/05/2028 (0.22%), Wells Fargo & Co 5.574% 25/07/2029 (0.21%), Bank of America Corp 5.202% 25/04/2029 (0.20%), Goldman Sachs Group Inc/The 4.223% 01/05/2029 (0.20%), JPMorgan Chase & Co 4.408% 23/04/2030 (0.19%) and Medline Borrower LP 3.875% 01/04/2029 (0.19%). **What were VUSC’s returns in each of the last five years?** Calendar-year returns of VUSC in pounds (price only, income paid out not included): 2022 +5.6%, 2023 −4.3%, 2024 +3.0%, 2025 −7.3%; 2026 to 13/11/2026 −0.1%. Past performance is not a guide to future returns. **How has VUSC done after inflation?** Over the five years to 13/11/2026 VUSC’s price changed by −4.3% (income paid out is not included), or −25.3% 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/9683/usd-corporate-1-3-year-bond-ucits-etf-usd-distributing) - [Key investor information document (KIID)](https://fund-docs.vanguard.com/ie00bdd48r20-en.pdf) - [Factsheet](https://fund-docs.vanguard.com/USD_Corporate_1-3_Year_Bond_UCITS_ETF_USD_Distributing_9683_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.