Vanguard Government Securities Active ETF
$72.60−0.56 (−0.76%)
- Expense ratio
- 0.10%
- Fund size
- $37M
- 1Y return
- +0.2%
- Yield · Last 12 months
- 4.57%
- Volume · 30D
- 0M sh
- NAV per share
- $73.10
- 52W range
The ETF.net VGVT Grade
Score 60 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 70Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 89Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 39Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 13Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 74Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 46Category rank
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
- —
- 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.
Returns run to the Sep 22, 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 | −1.1% |
| 1 month | −1.0% |
| 3 months | −1.2% |
| 1 year | +0.2% |
| 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 | −1.1% | |
| 2025 | +3.3% |
VGVT in the news
ETF.net Research hasn’t filed on VGVT yet — coverage lands here as it’s written.
VGVT Dividends
- 4.57%
- $3.34
- $0.27 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 3, 2026 | $0.27 |
| Aug 3, 2026 | Aug 5, 2026 | $0.28 |
| Jul 1, 2026 | Jul 6, 2026 | $0.27 |
| Jun 1, 2026 | Jun 3, 2026 | $0.26 |
| May 1, 2026 | May 5, 2026 | $0.26 |
| Apr 1, 2026 | Apr 6, 2026 | $0.25 |
| Mar 2, 2026 | Mar 4, 2026 | $0.24 |
| Feb 2, 2026 | Feb 4, 2026 | $0.25 |
| Dec 18, 2025 | Dec 22, 2025 | $0.58 |
| Dec 1, 2025 | Dec 3, 2025 | $0.20 |
| Nov 3, 2025 | Nov 5, 2025 | $0.26 |
| Oct 1, 2025 | Oct 3, 2025 | $0.24 |
VGVT Risk
- 3.2%
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.
- −0.32
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.
- −3.1%
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
- The middle half of US Treasury & Government funds
- Median 0.15%
5 of the 16 US Treasury & Government funds charge less.