Vanguard USD Treasury Bond UCITS ETF EUR Hedged Accumulation is a bonds ETF from Vanguard tracking the Treasury Bond index through physical replication. Domiciled in Ireland and launched in 2020, the fund manages about 611 M € and charges a TER of 0.12% — 12 € per year on a €10,000 investment. Income is automatically reinvested in the fund (accumulating).
Vanguard USD Treasury Bond UCITS ETF EUR Hedged Accumulation competes with 2 other products on the same index (Treasury Bond): it ranks 2nd by fund size and 3rd by ongoing cost, with a TER of 0.12% against a group median of 0.05%. It has been listed since 2020, 6 years of track record.
On a €10,000 investment the TER costs 12 € a year. The cheapest of the group is Vanguard USD Treasury Bond UCITS ETF USD Accumulation EUR at 0.05%, or 5 € on the same amount: a difference of 7 € every year, roughly 70 € over ten years before compounding.
Replication is physical: the fund holds the underlying securities directly. The ten largest positions account for 6.3% of the portfolio.
Income is accumulated: no distribution is paid out, the share price absorbs it. In a savings plan this removes the need to reinvest dividends by hand. The fund is denominated in USD and is a currency-hedged share class: the hedge aims to neutralise the effect of the underlying currencies against the reference currency, at an implicit cost that varies with interest-rate differentials.
The fund is domiciled in Ireland, which determines the tax treatment of income received by the fund and the supervisory authority.
| United States Treasury Notes 1.12% | 1.2% |
| United States Treasury Notes 0.88% | 1.2% |
| United States Treasury Notes 0.62% | 0.8% |
| United States Treasury Notes 3.12% | 0.8% |
| United States Treasury Notes 2.88% | 0.8% |
| United States Treasury Bonds 1.88% | 0.8% |
| United States Treasury Notes 2.62% | 0.7% |
| Borsa Italiana | VDTE | EUR |
| XETRA | VDTE | EUR |
| Francoforte | VDTE | EUR |
Source: the fund's KID and the issuer's official documentation — data verified as of July 2026.
This page is informational and is not an investment recommendation. Figures may contain errors or be out of date: always check the KID and the issuer's factsheet before any decision.