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Launched

Vanguard Government Securities Active ETF

VGVTNYSE ArcaVanguardB

$72.93−0.05 (−0.07%)

As of Nov 2, 2026, 12:35 PM ET

B61/ 100

Rank 6 of 16 in US Treasury & Government

B61/100Rank 6 of 16inUS Treasury & Government
Intraday session: down, 38 prints from 72.98 to 72.93. Range 72.93 to 72.93. Use the arrow keys to read each point.72.9472.9572.9672.9710 AM12 PM2 PM4 PM
Expense ratio
0.10%
Fund size · all share classes
$38M
1Y total return
+0.1%
Yield · Last 12 months
4.59%
Holdings
276
Avg volume · 30D
4.92K sh
52W range
low $71.14high $93.00
Launched

The ETF.net VGVT Grade

B

Score 61 out of 100

Category
US Treasury & Government⁠
Rank
6 of 16
Six-pillar profile for VGVT. Scores out of 100: Cost 70, Risk 40, Mission 89, Tradability 15, Holdings 74, Durability 46. Strongest: Mission (89). Weakest: Tradability (15). Leans toward Mission.

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 100
    Rank 5 of 16

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A89 out of 100
    Rank 6 of 11

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C40 out of 100
    Rank 11 of 16

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F15 out of 100
    Rank 16 of 16

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A74 out of 100
    Rank 4 of 16

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C46 out of 100
    Rank 12 of 16

Our read on VGVT

ETF.net Research

In short

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.

Stated mandate

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

Holdings pillarA74 out of 100Rank 4 of 16 in US Treasury & Government
Asset class
Bonds
Holdings
276
Top-10 weight
23%
Largest holding
Mktliq 12/31/20494.7%

Geography

  • United States99.61%
  • Supranational0.39%
The fund’s holdings, weight-ordered — page 1 of 19.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataMktliq 12/31/20494.65%17,902$1.79M107
2No dataUnited States Treasury Note/Bond 1.25% 04/30/20282.66%10,810$1.02M11
3No dataUnited States Treasury Note/Bond 4.38% 07/31/20332.35%9,480$905K12
4No dataUnited States Treasury Note/Bond 3.88% 06/30/20302.23%8,946$860K14
5No dataUnited States Treasury Note/Bond 4.00% 03/31/20302.19%8,700$842K15
6No dataUnited States Treasury Note/Bond 4.63% 09/30/20282.16%8,330$829K15
7No dataEfmt 2026-AE5 4.81% 08/25/20611.77%6,910$681K1
8No dataUnited States Treasury Note/Bond 3.63% 09/30/20301.72%6,970$662K13
9No dataUnited States Treasury Note/Bond 4.38% 07/31/20311.54%6,100$592K17
10No dataUnited States Treasury Note/Bond 4.63% 05/31/20311.45%5,700$559K13
11No dataUnited States Treasury Note/Bond 4.25% 07/31/20281.42%5,510$545K18
12No dataUnited States Treasury Note/Bond 3.50% 10/15/20281.37%5,400$526K15
13No dataUnited States Treasury Note/Bond 4.63% 04/30/20291.31%5,080$504K16
14No dataUnited States Treasury Note/Bond 4.25% 01/31/20301.30%5,110$499K11
15No dataFannie Mae or Freddie Mac 6.00% 10/13/20261.27%5,000$490K6

Showing 1–15 of 276 holdings

VGVT Performance

Launched Jul 7, 2025

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$10,006
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. VGVT $10,006. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025May 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for VGVT. Periods over one year show the average yearly return.
PeriodVGVT
Year to date−0.6%
1 month+2.1%
3 months0.0%
1 year+0.1%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for VGVT
YearReturn barVGVT
2026 YTD−0.6%
2025+3.3%

History from Jul 9, 2025

VGVT in the news

VGVT Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
4.59%Last 12 months
Payout per share
$3.36Last 12 months
Last payment
$0.26 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2025–2026

One bar per payment. 15 payments from 2025 to 2026 YTD. Aug 1, 2025 $0.20; Sep 2, 2025 $0.26; Oct 1, 2025 $0.24; Nov 3, 2025 $0.26; Dec 1, 2025 $0.20; Dec 18, 2025 $0.58; Feb 2, 2026 $0.25; Mar 2, 2026 $0.24; Apr 1, 2026 $0.25; May 1, 2026 $0.26; Jun 1, 2026 $0.26; Jul 1, 2026 $0.27; Aug 3, 2026 $0.27; Sep 1, 2026 $0.27; Oct 1, 2026 $0.26. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 4, 2026$0.29
Oct 1, 2026Oct 5, 2026$0.26
Sep 1, 2026Sep 3, 2026$0.27
Aug 3, 2026Aug 5, 2026$0.27
Jul 1, 2026Jul 6, 2026$0.27
Jun 1, 2026Jun 3, 2026$0.26
May 1, 2026May 5, 2026$0.26
Apr 1, 2026Apr 6, 2026$0.25
Mar 2, 2026Mar 4, 2026$0.24
Feb 2, 2026Feb 4, 2026$0.25
Dec 18, 2025Dec 22, 2025$0.58
Dec 1, 2025Dec 3, 2025$0.20

See all 16 payments⁠

$10,000 in VGVT 1 year ago paid $439 in dividends.⁠

VGVT Risk

Risk pillarC40 out of 100Rank 11 of 16 in US Treasury & Government
How much the fund’s monthly returns vary, scaled to a year.
4.3%
Annualised · 15 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
−0.41
vs 3-month T-bills · 15 months to Oct 2026
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.

The largest fall from a peak to the low that followed.
−4.5%
15 months · trough Sep 2026
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.

How strongly the fund’s returns move with its asset-class index.
0.07
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

VGVT Cost

Compare VGVT and SPTB

Overpaying vs SPTB, tied cheapest in US Treasury & Government

$1,468

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • VGVT 0.10%

    $2,106

  • SPTB 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • VGVT 0.10%
  • SPTB 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K$2K$2.5K051015202530VGVT $2,106SPTB $638

Year by year

YearVGVTSPTBOverpaying
10$183$55$128
20$717$216$501
30$2,106$638$1,468

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