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Vanguard Global Government Bond UCITS ETF GBP Hedg...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
Vanguard
Inception Date
Mar 25, 2025
Leveraged
1x (No leverage)
Index Tracked
Bloomberg Global Treasury Developed Countries Float Adjusted (GBP Hedged) Index
Distribution Policy
Accumulating
Asset Class
Bond
Asset Class Size
Multi-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of £10,000 in Vanguard Global Government Bond UCITS ETF GBP Hedged Accumulating, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Different Benchmark Currency

VGGS.L is traded in GBP, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to GBP using the latest available exchange rates.

Returns By Period


Vanguard Global Government Bond UCITS ETF GBP Hedged Accumulating

1D
0.18%
1M
-2.06%
YTD
-0.35%
6M
0.28%
1Y
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.61%
1M
-3.22%
YTD
-2.82%
6M
-0.72%
1Y
13.66%
3Y*
14.01%
5Y*
11.18%
10Y*
12.98%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Apr 23, 2025, VGGS.L's average daily return is +0.01%, while the average monthly return is +0.17%. At this rate, your investment would double in approximately 34.0 years.

Historically, 67% of months were positive and 33% were negative. The best month was Feb 2026 with a return of +1.7%, while the worst month was Mar 2026 at -2.1%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 1 months.

On a daily basis, VGGS.L closed higher 52% of trading days. The best single day was May 29, 2025 with a return of +0.6%, while the worst single day was May 12, 2025 at -0.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.02%1.73%-2.06%-0.35%
20250.75%-0.63%0.79%-0.22%0.26%0.79%0.84%0.16%-0.37%2.38%

Benchmark Metrics

Vanguard Global Government Bond UCITS ETF GBP Hedged Accumulating has an annualized alpha of 3.04%, beta of -0.01, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since April 28, 2025.

  • This ETF participated in 19.47% of S&P 500 Index downside but only 16.04% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of -0.01 may look defensive, but with R² of 0.00 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.00 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
3.04%
Beta
-0.01
0.00
Upside Capture
16.04%
Downside Capture
19.47%

Expense Ratio

VGGS.L has an expense ratio of 0.10%, which is considered low.


Return for Risk

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Vanguard Global Government Bond UCITS ETF GBP Hedged Accumulating (VGGS.L) and compare them to a chosen benchmark (S&P 500 Index).


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Dividends

Dividend History


Vanguard Global Government Bond UCITS ETF GBP Hedged Accumulating doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Vanguard Global Government Bond UCITS ETF GBP Hedged Accumulating. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Vanguard Global Government Bond UCITS ETF GBP Hedged Accumulating was 2.64%, occurring on Mar 27, 2026. The portfolio has not yet recovered.

The current Vanguard Global Government Bond UCITS ETF GBP Hedged Accumulating drawdown is 2.06%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-2.64%Mar 2, 202620Mar 27, 2026
-1.2%May 6, 20253May 13, 202510Jun 23, 202513
-1.1%Oct 23, 202533Dec 8, 202545Feb 12, 202678
-1.08%Jul 2, 202510Jul 15, 202514Aug 4, 202524
-0.72%Aug 6, 20259Aug 18, 202513Sep 5, 202522

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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