Vanguard Government Securities Active ETF
$72.18+0.11 (+0.15%)
- 0.10%
- $37M
- −1.7%
- 4.67%
- 0M sh
- $72.01
- low $71.14high $93.00
The ETF.net VGVT Grade
B
Score 61 out of 100
- 6 of 16
Score 61 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A70 out of 100Rank 5 of 16Mission
Whether the fund did what it promised, tested against its stated mandate.A90 out of 100Rank 6 of 11Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C40 out of 100Rank 11 of 16Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F15 out of 100Rank 15 of 16Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A73 out of 100Rank 4 of 16Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C46 out of 100Rank 12 of 16
Our read on VGVT
BVanguard, the index house, goes active on government bonds. VGVT hands a Treasury-and-agency portfolio to human managers for 0.10%, under the typical Treasury ETF fee, with monthly income and an investment-grade-only floor.
The fund seeks its objective by investing in U.S. government securities, including Treasury bills and notes and other obligations issued by the U.S. government, its agencies, or instrumentalities.
Why people hold it
- Active management at index-fund pricing: 0.10% a year, below the 0.12% median for Treasury ETFs in its peer group.sec.gov
- Vanguard's Fixed Income Group can shift maturity, lean on agency bonds and add select securitized credit instead of mirroring a Treasury index.prnewswire.com
- Quality rules are written into the strategy: at least 80% in U.S. government and agency bonds, and every bond bought is investment grade.sec.gov
- Income lands monthly, and the fund sits in the upper half of its Treasury peer group on our overall read.
Worth knowing
- Discretion costs more than Vanguard's own index route: VGIT and VTG charge 0.03%, so you pay roughly triple for a manager's judgment.
- Launched in 2025, it started small and lightly traded, so spreads can run wider than in Vanguard's index giants.
- Active means drift: the portfolio can sit apart from the Bloomberg U.S. Government Total Return Index, and any maturity is fair game, so rate moves bite.sec.gov
VGVT Holdings
- Bonds
- 279
- 24%
- Fannie Mae-Aces 3.13% 03/25/2028
VGVT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
VGVT$9,834
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | VGVT |
|---|---|
| Year to date | −2.3% |
| 1 month | −1.1% |
| 3 months | −2.3% |
| 1 year | −1.7% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | VGVT |
|---|---|---|
| 2026 YTD | −2.3% | |
| 2025 | +3.3% |
VGVT in the news
VGVT Dividends
- 4.67%
- $3.36
- $0.26 per share
- Monthly
Distribution history
VGVT Risk
- 4.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.84
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −4.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.07
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VGVT Cost
0.10%
VGVT0.10%
- The middle half of US Treasury & Government funds
- Median 0.15%
5 of the 16 US Treasury & Government funds charge less.
Other funds in US Treasury & Government
- BFLGVFranklin U.S. Treasury Bond ETFExpense ratio 0.09%1 year return −2.3%
- BSGVTSchwab Government Money Market ETFExpense ratio 0.28%1 year return +3.5%
- BLDRTiShares iBonds 1-5 Year Treasury Ladder ETFExpense ratio 0.07%1 year return +0.8%
- BGOVIInvesco Equal Weight 0-30 Year Treasury ETFExpense ratio 0.15%1 year return −6.0%
- BJMMFJPMorgan 100% U.S. Treasury Securities Money Market ETFExpense ratio 0.16%1 year return —