Vanguard Government Securities Active ETF

Vanguard Government Securities Active ETF

About

Vanguard Government Securities Active ETF (US9220207149) is a US-listed bond ETF tracking the Bloomberg US Government TR Index. With a expense ratio of 0.1%, it ranks among the lowest-cost options in its category, paying distributions. The fund holds 265 positions across 4 regions with 45M in assets, with heavy concentration — 66% in United States, 49% in government bonds.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database.
Component Score Details
Overall 6.0 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 8.9 Tracking Difference: 9.3 · TD Consistency: — · Expense Ratio: 8.1
Diversification (45%) 4.7 Holding Count: 5.3 · Country Concentration: 5.0 · Sector Concentration: 3.4
Liquidity (25%) 4.8 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker VGVT
ISIN
Fund Size $44.7M
Issuer Vanguard
Distribution Pays Distributions
Replication
Inception Jul 2025
Base Currency USD
Index Bloomberg US Government TR Index
Asset Class Bonds
Category Us Bond

Costs

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

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (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 the expense ratio 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.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.10%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month +0.00%
3 Months -0.01%
6 Months -0.01%
1 Year +0.00%
3 Years
5 Years
10 Years
YTD -0.01%
Since Inception +0.00%

Holdings

5.3
This fund holds 265 individual investments, offering moderate diversification compared to other ETFs.
#1
Fannie Mae-Aces
4.13%
#2
3.57%
#3
3.49%
#4
United States Treasury Note/Bond
3.02%
#5
2.52%
#6
US3136B4KB37
2.01%
#7
United States Treasury Note/Bond
1.91%
#8
Fannie Mae-Aces
1.85%
#9
United States Treasury Note/Bond
1.80%
#10
United States Treasury Note/Bond
1.76%
View all holdings (50)
# Holding Ticker Weight
1 Fannie Mae-Aces FNMA_18-M7 413.00%
2 TYU6 357.00%
3 FVU6 349.00%
4 United States Treasury Note/Bond 302.00%
5 TUU6 252.00%
6 FNMA_19-M5 201.00%
7 United States Treasury Note/Bond TNOTE 191.00%
8 Fannie Mae-Aces FNMA_17-M1 185.00%
9 United States Treasury Note/Bond 180.00%
10 United States Treasury Note/Bond 176.00%
11 Freddie Mac Multifamily Structured Pass Through Certificates FHMS_K511- 174.00%
12 United States Treasury Note/Bond TNOTE 150.00%
13 United States Treasury Note/Bond 142.00%
14 Freddie Mac Multifamily Structured Pass Through Certificates FHMS-K507- 137.00%
15 133.00%
16 UXYU6 114.00%
17 United States Treasury Note/Bond 105.00%
18 United States Treasury Note/Bond 104.00%
19 United States Treasury Note/Bond 100.00%
20 United States Treasury Note/Bond 98.00%
21 97.00%
22 United States Treasury Note/Bond TNOTE 96.00%
23 United States Treasury Note/Bond 90.00%
24 United States Treasury Note/Bond 89.00%
25 GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 87.00%
26 Fannie Mae-Aces FNMA_18-M8 86.00%
27 United States Treasury Note/Bond 83.00%
28 United States Treasury Note/Bond 77.00%
29 United States Treasury Note/Bond TBOND 75.00%
30 ASIAN DEVELOPMENT BANK MTN 74.00%
31 United States Treasury Note/Bond 73.00%
32 Fannie Mae-Aces FNMA_17-M1 72.00%
33 United States Treasury Note/Bond 72.00%
34 United States Treasury Note/Bond 72.00%
35 United States Treasury Note/Bond 69.00%
36 KFW MTN 69.00%
37 United States Treasury Note/Bond TNOTE 68.00%
38 FNMA_17-M1 66.00%
39 United States Treasury Note/Bond TBOND 63.00%
40 United States Treasury Note/Bond 62.00%
41 United States Treasury Note/Bond TNOTE 61.00%
42 United States Treasury Note/Bond 61.00%
43 Freddie Mac REMICS 61.00%
44 61.00%
45 United States Treasury Note/Bond TNOTE 60.00%
46 58.00%
47 United States Treasury Note/Bond 58.00%
48 United States Treasury Note/Bond 57.00%
49 Fannie Mae-Aces FNMA_18-M4 55.00%
50 United States Treasury Note/Bond TNOTE 54.00%

Sectors

3.4
This fund is concentrated in just a few of its 3 sectors, reducing diversification.
 
Sector Weight
Government Bonds 4852.00%
Unknown 3231.00%
Securitized Bonds 1917.00%

Regions

5.0
This fund invests across 5 countries, though its geographic allocation deviates somewhat from the global market.
 
Country Weight
United States 6574.00%
UNKNOWN 3231.00%
XS 74.00%
Germany 69.00%
Canada 52.00%
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