ETF · Vanguard
VUTY Vanguard USD Treasury Bond UCITS ETF
ISIN IE00BZ163M45London Stock Exchange: VUTYThe Vanguard Group, Inc.
- Government bonds
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£15.64
on
- Ongoing charge
- 0.05% a year
- Fund size
- £457m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, VUTY (Vanguard USD Treasury Bond UCITS ETF, ISIN IE00BZ163M45) closed at £15.64 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 −18.3% (income paid out is not included), or −36.2% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −1.9%
- −5.3% after inflation (UK CPIH)
- 3 years to 13/11/2026
- −9.9%
- −18.6% after inflation (UK CPIH)
- 5 years to 13/11/2026
- −18.3%
- −36.2% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £817 on 13/11/2026 — about £638 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 USD Treasury Bond UCITS ETF in pounds (price only, income paid out not included): 2022 −3.8%, 2023 −5.2%, 2024 −0.7%, 2025 −6.5%; 2026 to 13/11/2026 −2.8%. Returns of Vanguard USD Treasury Bond UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −4.8%; to 30/09/2025: −2.8%; to 30/09/2024: −4.0%; to 30/09/2023: −12.6%; to 30/09/2022: +4.4%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −2.8% | −5.9% | |
| to | −6.5% | −9.7% | |
| to | −0.7% | −4.0% | |
| −5.2% | −9.0% | ||
| −3.8% | −12.0% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −4.8% | −8.2% |
| from | −2.8% | −6.6% |
| from | −4.0% | −6.4% |
| from | −12.6% | −17.8% |
| from | +4.4% | −4.0% |
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)
7.8%over 5 years
| 1 year | 5.5% |
|---|---|
| 3 years | 6.9% |
| 5 years | 7.8% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −23.8%
- From to
- Lowest 12-month return
- −14.1%
- 12 months to
- Highest 12-month return
- +7.1%
- 12 months to
- Below its highest weekly close since November 2021
- 22.7%
- High of , latest
In words: Volatility of Vanguard USD Treasury Bond UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 5.5% over 1 year, 6.9% over 3 years, 7.8% over 5 years. Largest fall in the price of Vanguard USD Treasury Bond UCITS ETF since November 2021, in pounds: −23.8% from 23/09/2022 to 21/08/2026. The lowest 12-month return of Vanguard USD Treasury Bond UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −14.1% (12 months to 22/09/2023); the highest was +7.1% (12 months to 23/09/2022). On 13/11/2026 the price of Vanguard USD Treasury Bond UCITS ETF was 22.7% below its highest weekly close since November 2021 (23/09/2022), in pounds.
As of , price only — income paid out 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 USD Treasury Bond 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 USD Treasury Bond UCITS ETF is an exchange-traded fund (ETF) from Vanguard, launched in 2016.
It tracks the Bloomberg Global Aggregate - US Treasury Float Adjusted.
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
- VUTY
- ISIN
- IE00BZ163M45
- Also listed as
- VDTY (London Stock Exchange, US dollars), VGTY (Xetra, euros)
- 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
- £457m
- 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 VUTY was US$0.068703 per share: it went ex-dividend on and was paid on . In the 12 months to VUTY declared 12 distributions, together US$0.890818 per share. VUTY has a distribution yield of 4.27% as at .
- Latest distribution
- US$0.068703
- per share, ex-dividend
- 12 months to
- US$0.890818
- per share, from 12 distributions
- Distribution yield
- 4.27%
- as at
| Ex-dividend date | Payment date | Amount per share |
|---|---|---|
| US$0.068703 | ||
| US$0.070056 | ||
| US$0.086846 | ||
| US$0.066568 | ||
| US$0.068494 | ||
| US$0.082286 | ||
| US$0.07264 | ||
| US$0.067225 |
VUTY 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. 128 distributions are on record since .
As of
Price chart
Over the last year, the closing price went from £16.58 on 14/11/2025 to £15.64 on 13/11/2026 (−5.7%). The lowest close shown was £15.41 on 21/08/2026 and the highest £16.65 on 21/11/2025.
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
- 297
- 308 reported in all
- Ten largest
- 8.2%
- of the whole fund
- Effective number of holdings
- 232
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 0.8%
- United States Treasury Note/Bond 4.25% 15/11/2034
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | United States Treasury Note/Bond 4.25% 15/11/2034United States | 0.85% |
| 2 | United States Treasury Note/Bond 4.625% 15/02/2035United States | 0.85% |
| 3 | United States Treasury Note/Bond 3.875% 15/08/2034United States | 0.83% |
| 4 | United States Treasury Note/Bond 4.25% 15/05/2035United States | 0.82% |
| 5 | United States Treasury Note/Bond 4.25% 15/08/2035United States | 0.82% |
| 6 | United States Treasury Note/Bond 4.00% 15/02/2034United States | 0.81% |
| 7 | United States Treasury Note/Bond 4.375% 15/05/2034United States | 0.81% |
| 8 | United States Treasury Note/Bond 4.375% 15/05/2036United States | 0.81% |
| 9 | United States Treasury Note/Bond 4.00% 15/11/2035United States | 0.80% |
| 10 | United States Treasury Note/Bond 4.125% 15/02/2036United States | 0.80% |
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
- Bonds99.2%
- 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 100 largest and what changed since .
All holdings
The fund publishes 308 holdings; the ten largest make up 8.2% 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
3 funds track Bloomberg Global Aggregate - US Treasury Float Adjusted, this one included and share classes counted once; their ongoing charges range from 0.05% to 0.08% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Vanguard USD Treasury Bond UCITS ETFThis fundDistributing · 0.05% a year | 0.05% | −1.9% | Not reported | Not reported |
| Vanguard USD Treasury Bond UCITS ETFAccumulating · 0.05% a year | 0.05% | −1.5% | +3.1% | −2.6% |
| Vanguard USD Treasury Bond UCITS ETF Hedged GBPDistributing · Currency hedged · 0.08% a year | 0.08% | −0.7% | +1.4% | Not reported |
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 254 rolling 12-month returns since January 2021, and of 150 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 2 largest falls since November 2021, in pounds, with how many weeks each 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 VUTY?
The ongoing charge of VUTY 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 USD Treasury Bond 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 VUTY track?
VUTY tracks the Bloomberg Global Aggregate - US Treasury Float Adjusted.
Is VUTY accumulating or distributing?
VUTY is distributing: income is paid out to holders as cash, usually a few times a year. It pays out monthly.
When does VUTY pay dividends?
VUTY 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 VUTY’s dividend yield?
VUTY has a distribution yield of 4.27% 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 VUTY?
The ISIN of VUTY is IE00BZ163M45. An ISIN identifies one exact share class of a fund; VUTY is its ticker on the London Stock Exchange. The same share class is also listed as VDTY (London Stock Exchange, US dollars) and VGTY (Xetra, euros).
What does VUTY hold?
As of 31/10/2026, VUTY holds 308 positions, according to its published holdings. The largest is United States Treasury Note/Bond 4.25% 15/11/2034 at 0.85% of the fund; the ten largest make up 8.2%. Its ten largest holdings are United States Treasury Note/Bond 4.25% 15/11/2034 (0.85%), United States Treasury Note/Bond 4.625% 15/02/2035 (0.85%), United States Treasury Note/Bond 3.875% 15/08/2034 (0.83%), United States Treasury Note/Bond 4.25% 15/05/2035 (0.82%), United States Treasury Note/Bond 4.25% 15/08/2035 (0.82%), United States Treasury Note/Bond 4.00% 15/02/2034 (0.81%), United States Treasury Note/Bond 4.375% 15/05/2034 (0.81%), United States Treasury Note/Bond 4.375% 15/05/2036 (0.81%), United States Treasury Note/Bond 4.00% 15/11/2035 (0.80%) and United States Treasury Note/Bond 4.125% 15/02/2036 (0.80%).
What were VUTY’s returns in each of the last five years?
Calendar-year returns of VUTY in pounds (price only, income paid out not included): 2022 −3.8%, 2023 −5.2%, 2024 −0.7%, 2025 −6.5%; 2026 to 13/11/2026 −2.8%. Past performance is not a guide to future returns.
How has VUTY done after inflation?
Over the five years to 13/11/2026 VUTY’s price changed by −18.3% (income paid out is not included), or −36.2% 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.