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EUR Eurozone Government Bond UCITS ETF

Vanguard · IE00BH04GL39

EUR Eurozone Government Bond UCITS ETF is an exchange-traded fund (ETF) from Vanguard, traded under the ticker VETA (ISIN IE00BH04GL39). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about lending to governments and companies in return for regular interest, which tends to be steadier than shares but grows more slowly, spread across its target market. Funds like this are often used as the steadier, lower-swing part of a portfolio — the ballast that cushions the ups and downs of shares. Its ongoing charge (TER) is 0.07% a year — about €7 a year on a €10,000 holding, taken automatically from the fund. It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors. On the standard KID risk scale it is rated 4 out of 7 and its price has swung about 4.4% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2019, and its KID suggests a holding period of 3 years. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from Vanguard.)

Bond ?Accumulating ?Physical ?Ireland ?
Low yearly feeReinvests dividendsOwns the shares directlyEurozone
Fund size (AUM) ?
€0
Risk level (SRI) ?
4 / 7 · Medium
1-year return ?
-0.4%
Price Return · to 2026-07-17
Yearly fee (TER) ?
0.07%
All-in cost ≈ 0.07%

About this fund

Dividends

The fund automatically reinvests dividends back into itself, so your holding grows without cash payouts.

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Rolling the dividends straight back in means your money compounds automatically, with nothing for you to reinvest by hand. The flip side is there is no cash income; the growth simply shows up as a higher fund value. Note that reinvested dividends can still be taxable in some countries even though you never receive the cash — the rules depend on where you live.

How it works

The fund actually buys every share in the index it tracks (full replication).

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Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.07%Yearly fee (TER)
0.07%All-in cost

The yearly running cost of the fund, shown as a % of your money. €0.20 per €100 a year at 0.20%. Lower is cheaper.

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It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Replication ?
Physical
Full — buys every share
Regulation ?
UCITS
Yes
Launched
Feb 2019
7-year track record
Recommended holding period
3 years

Bond details

Credit quality ?
Investment Grade
Inflation-linked ?
No — nominal (fixed) payouts

Performance

95.597.8100103105202520252026

Growth of $100 invested — both lines start at $100.

EUR Eurozone Government Bond UCITS ETF Average peer fund (funds we track) ?

Compared with the average fund tracking the same index — our own data, not the licensed index itself.

YTD-0.7%
1 year-0.4%
3 years+0.7%

Return, year by year

-22.1
+0.9
+2.7
-0.4
'22'23'24'25
2 of 4 up yearsBest: 2024 +2.7%Worst: 2022 -22.1%Calendar-year total returns, in USD

How bumpy has it been?

4.4%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-5.8%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.
0.13
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

The bigger picture

-25.2%
Since inception
Total growth since launch — about -5.6% a year.
+9.4%
Best 12 months
The strongest one-year stretch on record.
-28.4%
Worst 12 months
The weakest one-year stretch on record.
-31.0%
Worst fall on record ?
It has not fully recovered yet.

Where to buy this fund

Set from your language & location — change it if it's wrong.

Where it trades

ExchangeTickerCurrency
LSEVETAUSD★ Primary
B3VETALUSD
B3VGEAMUSD
B3VGEADUSD
B3VETAZUSD
Borsa ItalianaVGEAEUR
BQVETALUSD
BQVGEADUSD
BQVGEAMUSD
E1VETAUSDUSD
E1VETAGBPUSD
E1VETAEURUSD
E1VETACHFUSD
EBVETALUSD
EBVETAZUSD
EBVGEADUSD
EBVGEAMUSD
EOVETAUSDUSD
EPVETAGBPUSD
EPVETAEURUSD
EPVETACHFUSD
EUVETAEURUSD
EUVETAGBPUSD
EUVETAUSDUSD
EUVETACHFUSD
EZVETAGBPUSD
EZVETAEURUSD
EZVETACHFUSD
FrankfurtVGEAEUR
GDVGEAUSD
GFVGEAUSD
GHVGEAUSD
GMVGEAUSD
GSVGEAUSD
GTVGEAUSD
GZVGEAUSD
I2VGEAMUSD
I2VGEADUSD
IXVETAZUSD
IXVGEADUSD
IXVGEAMUSD
IXVETALUSD
L1VGEAMUSD
L1VETAZUSD
L1VETALUSD
L1VGEADUSD
L3VETALUSD
L3VETAZUSD
L3VGEADUSD
L3VGEAMUSD
LAVGEAUSD
LUVGEAUSD
MFVGEANUSD
MMVGEANUSD
MUVGEANUSD
POVETALUSD
POVETAZUSD
POVGEADUSD
POVGEAMUSD
QEVGEADUSD
QTVGEAUSD
QXVETALUSD
QXVETAZUSD
QXVGEADUSD
S1VGEADUSD
S2VGEADUSD
S2VETALUSD
S4VGEADUSD
SEVETAUSD
SIXVETACHF
THVGEAUSD
X9VETAEURUSD
XAVETAUSDUSD
XAVETAGBPUSD
XAVETAEURUSD
XAVETACHFUSD
XEVETACHFUSD
XEVETAEURUSD
XEVETAGBPUSD
XEVETAUSDUSD
XFVETAUSDUSD
XFVETAGBPUSD
XFVETAEURUSD
XFVETACHFUSD
XGVETACHFUSD
XGVETAEURUSD
XGVETAGBPUSD
XGVETAUSDUSD
XHVETAUSDUSD
XHVETAGBPUSD
XHVETAEURUSD
XHVETACHFUSD
XJVETACHFUSD
XJVETAEURUSD
XJVETAGBPUSD
XJVETAUSDUSD
XLVETAUSDUSD
XLVETAGBPUSD
XLVETAEURUSD
XLVETACHFUSD
XOVETACHFUSD
XOVETAEURUSD
XOVETAGBPUSD
XOVETAUSDUSD
XQVETAUSDUSD
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XQVETAEURUSD
XQVETACHFUSD
XSVETACHFUSD
XSVETAEURUSD
XSVETAGBPUSD
XTVETAGBPUSD
XTVETAEURUSD
XTVETACHFUSD
XUVETAUSDUSD
XUVETAGBPUSD
XUVETAEURUSD
XUVETACHFUSD
XVVETACHFUSD
XVVETAEURUSD
XVVETAGBPUSD
XVVETAUSDUSD
XWVETAUSDUSD
XWVETAGBPUSD
XWVETAEURUSD
XWVETACHFUSD
XXVETACHFUSD
XXVETAEURUSD
XXVETAGBPUSD
XZVETACHFUSD
XZVETAEURUSD
XZVETAGBPUSD
XZVETAUSDUSD
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

How it ranks vs peers

🪙 Cheaper than 92% of similar ETFs💰 All-in cost cheaper than 91%📈 Higher 1-yr return than 49%📈 Higher 3-yr return than 67%📊 Behind its category by 1.0% (1-yr) (category average +0.6%)📊 Beat its category by 0.2% (3-yr) (category average +0.5%)

Versus the Bonds · CHF ETFs we track.

Advanced risk

0.18
Sortino (3y) ?
0.12
Calmar (3y) ?
3.2%
Downside deviation ?
58%
Up months (hit rate) ?
$22.55
52-week high ?
$21.53
52-week low ?

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 Eurozone bonds
Compare side by side
6 similar funds
EUR Eurozone Government Bond UCITS ETFVanguardYou're viewingAmundi Prime Euro Government Bond UCITS ETF DistAmundiBroader matchAmundi Prime Euro Government Bond UCITS ETF AccAmundiBroader matchAmundi Euro Lowest Rated IG Government Bond UCITS ETF DistAmundiBroader matchAmundi Euro Lowest Rated IG Government Bond UCITS ETF AccAmundiBroader matchAmundi Euro Government Bond 0-6 M UCITS ETF AccAmundiBroader matchAmundi Italy BTP Government Bond 10Y UCITS ETF AccAmundiBroader match
Why it's similarThis is the fund on this page.
BondsPhysicalCheaper fee
BondsAccumulatingPhysicalCheaper fee
BondsPhysical
BondsAccumulatingPhysical
BondsAccumulatingPhysical
BondsAccumulatingPhysical
Index trackedSolactive Eurozone Government Bond Index TRSolactive Eurozone Government Bond Index TRFTSE Eurozone Lowest-Rated Government Bond IG IndexFTSE Eurozone Lowest-Rated Government Bond IG IndexFTSE Eurozone Government Bill 0-6 Month Capped IndexFTSE Eurozone Target Maturity Government Bond Italy (Mid Price) Index
Yearly fee (TER)0.07%0.05%0.05%0.14%0.14%0.14%0.17%
All-in cost0.07%0.05%0.00%0.00%0.14%0.14%0.17%
Fund size€0€2B€2B€1.4B€1.4B€903.5M€707M
DomicileIrelandLULULULUFranceLU
ReplicationPhysical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+0.7%+1.3%+2.7%+1.9%+2.6%+2.8%
5-yr return p.a.-3.6%-2.5%-2.2%+1.7%
# holdings426426221221546

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Data as of 2026-07-17 · Source: issuer data, compiled by Finance Hamster

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