Vanguard Euro Investment Grade Bond Index Fund Institutional Plus GBP Hedged Acc

Vanguard Euro Investment Grade Bond Index Fund Institutional Plus GBP Hedged Acc

About

Vanguard Euro Investment Grade Bond Index Fund Institutional Plus GBP Hedged Acc (IE000GME9RM1) is a UCITS-compliant bond ETF tracking the Bloomberg EUR Non-Government Float Adjusted Bond Index GBP. With a TER of 0.08%, it ranks among the lowest-cost options in its category, reinvesting dividends. The fund holds 2,972 positions across 51 regions with €11,560 in assets, with heavy concentration — 74% in corporate bonds.

ISIN
Fund Size £11.6K
Issuer Vanguard
Distribution Re-Invests Dividends
Replication —
Inception Feb 2026
Base Currency GBP
Index Bloomberg EUR Non-Government Float Adjusted Bond Index GBP
Asset Class Bonds
Category Global Government Bond

Costs

9.1
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%

Cumulative Returns

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

Holdings

9.4
This fund spreads its investments across 2,972 individual holdings, providing broad diversification.
#1
European Union
0.94%
#2
European Union
0.55%
#3
European Union
0.54%
#4
European Union
0.51%
#5
European Union
0.51%
#6
European Union
0.42%
#7
European Union
0.40%
#8
European Union
0.40%
#9
European Union
0.39%
#10
European Union
0.36%

Sectors

3.3
This fund is concentrated in just a few of its 12 sectors, reducing diversification.

Regions

6.0
This fund invests across 52 countries, though its geographic allocation deviates somewhat from the global market.

Nerd Stuff

Advanced risk and return metrics (2026-02-26 — 2026-06-18).
4.4%
Volatility
-2.6%
Max Drawdown
-0.43
Sharpe Ratio
-0.66
Sortino Ratio
-0.74
Calmar Ratio
0.07
Beta
-3.03%
Alpha (Jensen's)
0.041
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

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