Global Government Bond UCITS ETF
Global Government Bond UCITS ETF - USD Hedged Accumulating
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 Treasury Developed Countries Float Adjusted Index (the “Index”).
- The Fund will invest in a portfolio of local currency government bonds (including callable bonds) from developed countries (as determined by the index provider) that insofar as possible and practicable consists of a representative sample of the component securities of the Index.
- The index is designed to reflect the universe of float adjusted fixed-rate, investment-grade, local currency government debt of developed (as determined by the index provider) countries. The bonds must have a maturity of at least one year.
- To a lesser extent the Fund may invest in similar types of bonds outside the Index, but whose risk and return characteristics closely resemble the risk and return characteristics of constituents of the Index or of the Index as a whole.
- The Fund invests in securities which are denominated in currencies other than the base currency. Movements in currency exchange rates can affect the return of investments. Currency hedging techniques are used to minimise the risks associated with movements in currency exchange rates, where the Fund invests in securities denominated in currencies other than the listing currency, but these risks cannot be eliminated entirely. As this document relates to a share class where such techniques are used, the performance (see "Performance") of this share class is shown against the currency hedged version of the Index.
- The Fund attempts to remain fully invested except in extraordinary market, political or similar conditions where the Fund may temporarily depart from this investment policy to avoid losses.
- While the Fund is expected to track the Index as closely as possible, it typically will not match the performance of the targeted Index exactly, due to various factors such as expenses to be paid by the Fund and regulatory constraints. Details of these factors and the anticipated tracking error of the Fund are set out in the Prospectus.
Fund facts
Share class inception
25 mar 2025
Listing date
27 mar 2025
Investment structure
Irish UCITS
Share Class Assets'
Total Assets
Risk indicator
Strategy
Index
Asset Class
Bond
Domicile
Ireland
Investment method
Physical
Index ticker
H38855US
Dividend schedule
—
Benchmark
Bloomberg Global Treasury Developed Countries Float Adjusted Index Hedged in USD
Legal entity
Vanguard Funds PLC
Register countries
Chorwacja, Holandia, Wielka Brytania, Czechy, Cypr, Grecja, Jersey, C.I., Finlandia, Islandia, Wyspa Man, Liechtenstein, Guernsey, C.I., Belgia, Dania, Francja, Irlandia, Norwegia, Portugalia, Hiszpania, Szwecja, Austria, Węgry, Rumunia, Estonia, Łotwa, Szwajcaria, Bułgaria, Malta, Włochy, Litwa, Słowacja, Słowenia, Niemcy and Luksemburg
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 sie 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 | 982 | 1400 | 31 sie 2026 |
| 4,1% | 4,1% | 31 sie 2026 | |
| 3,0% | 2,9% | 31 sie 2026 | |
| 8,5 Years | 8,5 Years | 31 sie 2026 | |
| AA | AA | 31 sie 2026 | |
| 6,5 Years | 6,5 Years | 31 sie 2026 | |
| Cash Investment | 0,5% | — | 31 sie 2026 |
Market allocation
As at 31 sie 2026
| Country | Region | Fund | Benchmark | Variance +/- |
|---|---|---|---|---|
| Stany Zjednoczone | Ameryka Północna | 46,87% | 47,28% | -0,41% |
| Japonia | Pacyfik | 9,85% | 9,81% | 0,04% |
| Francja | Europa | 7,62% | 7,58% | 0,04% |
| Włochy | Europa | 6,88% | 6,69% | 0,19% |
| Niemcy | Europa | 6,09% | 5,96% | 0,13% |
| Wielka Brytania | Europa | 6,09% | 6,16% | -0,07% |
| Hiszpania | Europa | 4,22% | 4,34% | -0,12% |
| Kanada | Ameryka Północna | 2,16% | 2,18% | -0,02% |
| Australia | Pacyfik | 1,77% | 1,78% | -0,01% |
| Belgia | Europa | 1,56% | 1,54% | 0,02% |
| Holandia | Europa | 1,29% | 1,24% | 0,05% |
| Austria | Europa | 1,04% | 1,07% | -0,03% |
| Portugalia | Europa | 0,61% | 0,60% | 0,01% |
| Finlandia | Europa | 0,56% | 0,57% | -0,01% |
| Inne | 0,53% | — | — |
Distribution by credit quality (% of funds)
As at 31 sie 2026
| Credit Rating | Fund |
|---|---|
| AAA | 13,07% |
| AA | 55,34% |
| A | 24,24% |
| BBB | 7,13% |
| Not Rated | 0,22% |
Distribution by credit issuer (% of funds)
As at 31 sie 2026
| Issuers | Fund |
|---|---|
| Treasury/Federal | 99,78% |
| Cash | 0,53% |
| Other | -0,31% |
Distribution by credit maturity (% of funds)
As at 31 sie 2026
| Maturity | Fund |
|---|---|
| Under 1 Year | 0,22% |
| 1 - 5 Years | 48,35% |
| 5 - 10 Years | 26,08% |
| 10 - 15 Years | 6,51% |
| 15 - 20 Years | 7,23% |
| 20 - 25 Years | 3,89% |
| Over 25 Years | 7,73% |
Holdings details
As at 31 sie 2026
| Holding name | % of market value | Market value | Face amount | Coupon/Yield | Maturity date |
|---|---|---|---|---|---|
| United States Treasury Note/Bond | 0,69497% | 1 314 013,00 USD | 1 377 000 | 1,13% | 29 lut 2028 |
| French Republic Government Bond OAT | 0,61390% | 1 160 714,46 USD | 1 150 000 | 0,00% | 25 lis 2030 |
| Spain Government Bond | 0,61064% | 1 154 563,91 USD | 1 000 000 | 3,10% | 30 lip 2031 |
| French Republic Government Bond OAT | 0,50887% | 962 133,55 USD | 840 000 | 2,40% | 24 wrz 2028 |
| Italy Buoni Poliennali Del Tesoro | 0,50265% | 950 371,44 USD | 820 000 | 3,45% | 15 lip 2031 |
| United States Treasury Note/Bond | 0,48128% | 909 972,66 USD | 1 050 000 | 1,13% | 15 lut 2031 |
| United States Treasury Note/Bond | 0,46259% | 874 633,60 USD | 890 000 | 3,50% | 15 paź 2028 |
| United States Treasury Note/Bond | 0,44910% | 849 134,84 USD | 853 000 | 4,63% | 15 lut 2035 |
| United States Treasury Note/Bond | 0,43906% | 830 142,97 USD | 859 000 | 4,25% | 15 sie 2035 |
| United Kingdom Gilt | 0,43794% | 828 022,09 USD | 610 000 | 4,50% | 07 cze 2028 |
Prices and distribution
Prices
NAV Price (USD)
5,06 USD
USDChange
+0,01 USD0,14% At closure 13 paź 2026
Market value (USD)
5,06 USD
Change
+0,00 USD0,10% At closure 13 paź 2026
NAV 52-week high
5,26 USD
At closure 14 paź 2026
Market value 52-week high
5,26 USD
At closure 14 paź 2026
NAV 52-week low
5,04 USD
At closure 14 paź 2026
Market value 52-week low
5,03 USD
At closure 14 paź 2026
NAV 52-week difference
0,23 USD
Change
+4,31% At closure 14 paź 2026
Market value 52-week difference
0,23 USD
Change
+4,42% At closure 14 paź 2026
Outstanding shares
1 048 211
At closure 30 wrz 2026
Historical Prices
-
Inception date
25 mar 2025
Listing date
27 mar 2025
| Date | NAV (USD) | Market price (USD) |
|---|---|---|
| 13 paź 2026 | 5,0615 USD | 5,0620 USD |
| 12 paź 2026 | 5,0543 USD | 5,0570 USD |
| 09 paź 2026 | 5,0524 USD | 5,0525 USD |
| 08 paź 2026 | 5,0468 USD | 5,0410 USD |
| 07 paź 2026 | 5,0411 USD | 5,0385 USD |
| 06 paź 2026 | 5,0471 USD | 5,0510 USD |
| 05 paź 2026 | 5,0365 USD | 5,0410 USD |
| 02 paź 2026 | 5,0420 USD | 5,0470 USD |
| 01 paź 2026 | 5,0367 USD | 5,0395 USD |
| 30 wrz 2026 | 5,0361 USD | 5,0350 USD |
Distribution history
Distribution frequency
—
Historical performance
—
All dividends are reinvested for the "Accumulation" shares.
Purchase information
Currencies and stock exchanges
Listed currencies: USD
Base currency:USD
Exchanges: London Stock Exchange, Bolsa Mexicana De Valores