USD Corporate 1-3 Year Bond UCITS ETF
USD Corporate 1-3 Year Bond UCITS ETF - GBP Hedged Distributing (VGCA)
Related Documents
About this fund
Fund objectives
- The Fund employs a passive management – or indexing – investment approach, through physical acquisition of securities, and seeks to track the performance of the Bloomberg Global Aggregate Corporate – United States Dollar Index 1-3 Year (the “Index”).
- The Fund invests in a representative sample of bonds included in the Index in order to closely match the Index’s capital and income return.
- The Index measures the performance of a broad spread of US dollar denominated bonds paying a fixed rate of interest which are issued by companies.
- Bonds in the Index have maturities of between one and three years and are generally investment grade.
- To a lesser extent, the Fund may invest in bonds outside the Index where the risk and return characteristics of such bonds closely resemble those of the constituents of the Index.
Fund facts
Share class inception
02 Apr 2024
Listing date
04 Apr 2024
Investment structure
Irish UCITS
Share Class Assets'
Total Assets
Risk indicator
Strategy
Index
Asset Class
Bond
Domicile
Ireland
Tax status
Austria, Italy, Switzerland and United Kingdom reporting
Investment method
Physical
Index ticker
H33680GB
Dividend schedule
Monthly
Benchmark
Bloomberg Global Aggregate Corporate – United States Dollar Index 1-3 Year Hedged in GBP
Legal entity
Vanguard Funds PLC
Investment manager
Vanguard Global Advisers, LLC
U.S. Bond Index Team
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Performance
Risk and Volatility
As at 31 Aug 2026
Beta
—R²
— Annualized Tracking Error
1 year
3 years
—5 years
—Please note Beta and R-squared data will only display for funds with 3 full years of history.
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Portfolio data
Characteristics
| Fundamentals | Fund | Benchmark | As at |
|---|---|---|---|
| Number of bonds | 2,126 | 2,427 | 31 Aug 2026 |
| 4.9% | 4.9% | 31 Aug 2026 | |
| 4.5% | 4.5% | 31 Aug 2026 | |
| 2.1 Years | 2.1 Years | 31 Aug 2026 | |
| A- | A- | 31 Aug 2026 | |
| 1.8 Years | 1.8 Years | 31 Aug 2026 | |
| Cash Investment | 0.1% | — | 31 Aug 2026 |
Market allocation
As at 31 Aug 2026
| Country | Region | Fund | Benchmark | Variance +/- |
|---|---|---|---|---|
| United States of America | North America | 70.70% | 69.81% | 0.89% |
| United Kingdom | Europe | 5.09% | 5.33% | -0.24% |
| Canada | North America | 3.36% | 3.57% | -0.21% |
| Japan | Pacific | 3.20% | 3.37% | -0.17% |
| Germany | Europe | 2.36% | 2.37% | -0.01% |
| France | Europe | 2.35% | 2.43% | -0.08% |
| Australia | Pacific | 2.04% | 1.97% | 0.07% |
| South Korea | Pacific | 1.56% | 1.60% | -0.04% |
| Spain | Europe | 1.10% | 1.00% | 0.10% |
| Ireland | Europe | 0.95% | 0.90% | 0.05% |
| Switzerland | Europe | 0.78% | 0.94% | -0.16% |
| China | Emerging Markets | 0.73% | 0.78% | -0.05% |
| Netherlands | Europe | 0.73% | 0.89% | -0.16% |
| Italy | Europe | 0.59% | 0.58% | 0.01% |
| New Zealand | Pacific | 0.37% | 0.37% | 0.00% |
Distribution by credit quality (% of funds)
As at 31 Aug 2026
| Credit Rating | Fund |
|---|---|
| AAA | 0.10% |
| AA | 10.22% |
| A | 48.62% |
| Less than BBB | 0.06% |
| BBB | 40.92% |
| Not Rated | 0.08% |
Distribution by credit issuer (% of funds)
As at 31 Aug 2026
| Issuers | Fund |
|---|---|
| Treasury/Federal | 0.91% |
| Gov-Related-Agencies | 0.02% |
| Corporate-Industrials | 46.10% |
| Corporate-Utilities | 6.31% |
| Corporate-Financial Institutions | 46.57% |
| Cash | 0.08% |
| Other | 0.00% |
Distribution by credit maturity (% of funds)
As at 31 Aug 2026
| Maturity | Fund |
|---|---|
| Under 1 Year | 0.15% |
| 1 - 2 Years | 37.44% |
| 2 - 3 Years | 49.56% |
| 3 - 4 Years | 11.38% |
| 4 - 5 Years | 0.01% |
| Over 5 Years | 1.45% |
Holdings details
As at 31 Aug 2026
| Holding name | % of market value | Market value | Face amount | Coupon/Yield | Maturity date |
|---|---|---|---|---|---|
| United States Treasury Note/Bond | 0.87717% | £30,266,158.28 | 30,392,000 | 4.25% | 15 Aug 2029 |
| Bank of America Corp | 0.29275% | £10,101,334.38 | 10,264,000 | 3.42% | 20 Dec 2028 |
| CVS Health Corp | 0.25809% | £8,905,194.04 | 8,965,000 | 4.30% | 25 Mar 2028 |
| Bank of America Corp | 0.23061% | £7,957,003.26 | 8,050,000 | 4.48% | 23 Apr 2030 |
| RTX Corp | 0.22576% | £7,789,601.83 | 7,885,000 | 4.13% | 16 Nov 2028 |
| Medline Borrower LP | 0.22445% | £7,744,490.64 | 8,000,000 | 3.88% | 01 Apr 2029 |
| Wells Fargo & Co | 0.22437% | £7,741,854.86 | 7,637,000 | 5.57% | 25 Jul 2029 |
| JPMorgan Chase & Co | 0.21761% | £7,508,670.95 | 7,610,000 | 4.41% | 23 Apr 2030 |
| Salesforce Inc | 0.21515% | £7,423,528.72 | 7,455,000 | 4.65% | 15 Mar 2029 |
| Goldman Sachs Group Inc/The | 0.20728% | £7,152,132.61 | 7,230,000 | 4.59% | 20 Apr 2030 |
Prices and distribution
Prices
NAV Price (GBP)
£49.99
GBPChange
+£0.020.04% At closure 08 Oct 2026
Market value (GBP)
£49.97
Change
+£0.010.03% At closure 08 Oct 2026
NAV 52-week high
£51.18
At closure 09 Oct 2026
Market value 52-week high
£51.21
At closure 09 Oct 2026
NAV 52-week low
£49.79
At closure 09 Oct 2026
Market value 52-week low
£49.78
At closure 09 Oct 2026
NAV 52-week difference
£1.40
Change
+2.73% At closure 09 Oct 2026
Market value 52-week difference
£1.43
Change
+2.79% At closure 09 Oct 2026
Outstanding shares
1,000,348
At closure 30 Sept 2026
Historical Prices
-
Inception date
02 Apr 2024
Listing date
04 Apr 2024
| Date | NAV (GBP) | Market price (GBP) |
|---|---|---|
| 08 Oct 2026 | £49.9948 | £49.9725 |
| 07 Oct 2026 | £49.9744 | £49.9600 |
| 06 Oct 2026 | £49.9408 | £49.9725 |
| 05 Oct 2026 | £49.8986 | £49.8750 |
| 02 Oct 2026 | £49.8609 | £49.9100 |
| 01 Oct 2026 | £49.9040 | £49.9275 |
| 30 Sept 2026 | £49.8311 | £49.8325 |
| 29 Sept 2026 | £49.8135 | £49.7825 |
| 28 Sept 2026 | £49.7868 | £49.8100 |
| 25 Sept 2026 | £49.8601 | £49.8375 |
Distribution history
Distribution frequency
Monthly
Historical performance 30 Sept 2026
4.41%
| Type | Distribution amount (per unit) | Ex-dividend date | Registration date | Payable date |
|---|---|---|---|---|
| Income | £0.1618 | 17 Sept 2026 | 18 Sept 2026 | 30 Sept 2026 |
| Income | £0.2001 | 20 Aug 2026 | 21 Aug 2026 | 02 Sept 2026 |
| Income | £0.1731 | 16 Jul 2026 | 17 Jul 2026 | 29 Jul 2026 |
| Income | £0.1676 | 18 Jun 2026 | 19 Jun 2026 | 01 Jul 2026 |
| Income | £0.2036 | 21 May 2026 | 22 May 2026 | 03 Jun 2026 |
| Income | £0.1490 | 16 Apr 2026 | 17 Apr 2026 | 29 Apr 2026 |
| Income | £0.2310 | 19 Mar 2026 | 20 Mar 2026 | 01 Apr 2026 |
| Income | £0.1813 | 19 Feb 2026 | 20 Feb 2026 | 04 Mar 2026 |
| Income | £0.1596 | 15 Jan 2026 | 16 Jan 2026 | 28 Jan 2026 |
| Income | £0.1738 | 18 Dec 2025 | 19 Dec 2025 | 31 Dec 2025 |
Purchase information
Currencies and stock exchanges
Listed currencies: GBP
Base currency:GBP
Exchanges: London Stock Exchange