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VCFBonds & DefensiveHedged

Vanguard International Credit Securities Index (Hedged) ETF

Vanguard · Bloomberg Global Aggregate Credit ex Government Float Adjusted Index (hedged) · Since 2015

HOLDINGS: Q2 2026

Annual fee

0.3%

$30/yr per $10,000

Fund size

$101.4M

AUD

Dividend yield

3.6%

Monthly · approx. as at Q2 2026

Holdings

6,356

companies

Plain-English Summary

VCF provides exposure to investment-grade credit securities issued globally, with currency exposure hedged back to Australian dollars. Credit securities carry default and interest rate risk, and bond prices move inversely to interest rates. General information only, not financial advice.

Key characteristics

Based on publicly available fund data. General information only, not a recommendation to buy or sell.

Strengths

Global credit diversification in one trade
Currency hedged to Australian dollars
Investment-grade screening

Watch out for

Credit and default risk
Bond values fall when interest rates rise
Hedging does not remove credit risk

Top holdings

Holdings as at Q2 2026, may not reflect current composition
1European Union
0.3%
2United States Treasury Note/Bond
0.3%
3European Union
0.2%
4Major Joint Local Government Bond
0.2%
5Mitsui Sumitomo Insurance Co Ltd
0.2%
6NTT Finance Corp
0.2%
7European Union
0.2%
8Korea Treasury Bond
0.1%
9European Union
0.1%
10European Financial Stability Facility
0.1%

Sector breakdown

Corporate
62.1%
Government-Related
37%
Treasury
0.9%

Geographic exposure

Supranational
4.2%
United States
2.1%
France
1.7%
Germany
1.6%
Japan
1.3%
Cayman Islands
1%
Australia
0.9%
United Kingdom
0.7%
Luxembourg
0.7%
South Korea
0.6%
Canada
0.6%
Mexico
0.5%
Netherlands
0.4%
United Arab Emirates
0.4%
Saudi Arabia
0.3%
China
0.3%
Sweden
0.3%
Indonesia
0.3%
Finland
0.3%
Switzerland
0.3%
Spain
0.3%
Qatar
0.2%
Virgin Islands
0.2%
Italy
0.2%
Norway
0.2%
Belgium
0.2%
Philippines
0.2%
India
0.2%
Singapore
0.2%
Israel
0.2%
Hungary
0.1%
Hong Kong
0.1%
Kazakhstan
0.1%
Oman
0.1%
Malaysia
0.1%
Greece
0.1%
Ireland
0.1%
Poland
0.1%
Chile
0.1%
Austria
0.1%
Kuwait
0.1%
Thailand
0.1%
Panama
0.1%

Historical returns

Total return (AUD) · As at Q2 2026

Past performance is not indicative of future returns.

1 Year
+3.6%
3 Year p.a.
+3.7%
5 Year p.a.
-0.2%

Data as at Q2 2026. Past performance is not indicative of future returns. Figures are approximate total returns in AUD including distributions. Source: fund manager fact sheets.

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General information only, not financial advice. ETFLens does not hold an AFSL. Always read the relevant PDS and consider seeking advice from a licensed financial adviser.