Vanguard U.K. Government Bond Index Fund EUR Hedged Acc

Vanguard U.K. Government Bond Index Fund EUR Hedged Acc

About

Vanguard U.K. Government Bond Index Fund EUR Hedged Acc (IE00BLPJRG31) is a UCITS-compliant bond ETF tracking the Bloomberg U.K. Government Float Adjusted Bond Index Hedged EUR. With a TER of 0.12%, it is competitively priced, reinvesting dividends. The fund holds 86 positions across 2 regions with 72M in assets, with heavy concentration — 100% in United Kingdom, 99% in government bonds.

ISIN
Fund Size €71.7M
Issuer Vanguard
Distribution Re-Invests Dividends
Replication —
Inception Jan 2021
Base Currency EUR
Index Bloomberg U.K. Government Float Adjusted Bond Index Hedged EUR
Asset Class Bonds
Category Global Government Bond

Costs

8.9
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%
Tracking Difference0.00%
TD Consistency0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%

Holdings

3.6
With only 86 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
United Kingdom Gilt
0.05%
#2
United Kingdom Gilt
0.04%
#3
United Kingdom Gilt
0.03%
#4
United Kingdom Gilt
0.03%
#5
United Kingdom Gilt
0.03%
#6
United Kingdom Gilt
0.03%
#7
United Kingdom Gilt
0.03%
#8
United Kingdom Gilt
0.03%
#9
United Kingdom Gilt
0.02%
#10
United Kingdom Gilt
0.02%

Sectors

1.1
This fund is concentrated in just a few of its 3 sectors, reducing diversification.

Regions

1.0
This fund is concentrated in just 3 countries, with significant geographic concentration.

Nerd Stuff

Advanced risk and return metrics (2023-06-05 — 2026-05-29).
7.6%
Volatility
-8.9%
Max Drawdown
-0.21
Sharpe Ratio
-0.29
Sortino Ratio
-0.18
Calmar Ratio
0.01
Beta
-1.80%
Alpha (Jensen's)
0.001
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Key Information Document

Similar ETFs

Other funds tracking Global Government Bond indices.
Vanguard U.K. Government Bond Index Fund GBP Acc
IE00B1S75374·TER 0.12%
6.0
iShares € Govt Bond Climate UCITS ETF
IE00BLDGH553·TER 0.09%
7.0
Vanguard U.K. Investment Grade Bond Index Fund GBP Acc
IE00B1S74Q32·TER 0.12%
7.2
Vanguard U.K. Short-Term Investment Grade Bond Index Fund GBP Acc
IE00B9M1BB17·TER 0.12%
7.0
iShares € Govt Bond 0-1yr UCITS ETF
IE00B3FH7618·TER 0.07%
6.1
iShares Global Govt Bond UCITS ETF
IE00B3F81K65·TER 0.20%
7.5
Feedback
ETFs
Basket
Compare
Millennial Index