(VCHY) Vanguard U.S. High-Yield Corporate Bond Index ETF
About this fund
Fund objectives
Vanguard U.S. High-Yield Corporate Bond Index ETF seeks to track the performance of a U.S. dollar-denominated, below investment-grade corporate bond index.
Why this fund
- Seeks to track the performance of the Bloomberg US High Yield 250MM 2% Issuer Capped Index.
- Exposure to the high yield U.S. corporate bond market.
- Follows a passively managed, index-sampling approach.
Vanguard U.S. High-Yield Corporate Bond Index ETF is a stand alone product and is separate and distinct from the Vanguard High-Yield Active ETF (VGHY) and Vanguard High-Yield Corporate Fund (VWEAX and VWEHX). Differences in scale, investment sub-advisors, certain investment processes, and underlying holdings are expected to produce different investment returns by the funds.
Fund facts
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Vehicles authorized for Siefores are those that meet the criteria issued by the CAR (Risk Analysis Committee) and are reviewed by an independent expert.
Performance
Risk and Volatility
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Portfolio data
Characteristics
| Fundamentals | Fund | Benchmark | As at |
|---|---|---|---|
| Number of bonds | 1,834 | 1880 | Sep 30 2026 |
| YTM (Yield to Maturity) effective | 8.4% | 8.5% | Sep 30 2026 |
| Average Duration | 3.3 Years | 3.1 Years | Sep 30 2026 |
| Average maturity | 4.4 Years | 4.6 Years | Sep 30 2026 |
| Average quality | — | — | — |
| Cash Investment | 0.8% | — | Sep 30 2026 |
Market allocation
As at Sep 30 2026
| Country | Region | Fund | Benchmark | Variance +/- |
|---|
Distribution by credit quality (% of funds)
As at Sep 30 2026
| Credit Rating | Fund |
|---|---|
| BB | 55.98% |
| Not Rated | 0.08% |
| B | 34.98% |
| CCC or Lower | 8.96% |
Distribution by credit issuer
As at Sep 30 2026
| Issuers | Fund |
|---|---|
| Utilities | 3.01% |
| Industrial | 84.58% |
| Finance | 12.38% |
| Other | 0.03% |
Distribution by credit maturity
As at Sep 30 2026
| Maturity | Fund |
|---|---|
| Under 1 Year | 0.16% |
| 1 - 5 Years | 60.04% |
| 5 - 10 Years | 35.13% |
| 10 - 15 Years | 0.42% |
| 15 - 20 Years | 0.72% |
| 20 - 25 Years | 0.17% |
| Over 25 Years | 3.35% |
Top 10 Holdings
As at Sep 30 2026
| Holding name | % of market value | Market value | Face amount | Coupon/Yield | Maturity date |
|---|---|---|---|---|---|
| 1261229 BC LTD | 0.42258% | $424,423.97 | 410,000 | 10.00% | Apr 15 2032 |
| Meridian Arc Holdco LLC | 0.36714% | $368,735.79 | 398,000 | 6.25% | Apr 30 2031 |
| EchoStar Corp | 0.35040% | $351,923.52 | 328,000 | 10.75% | Nov 30 2029 |
| SoftBank Group Corp | 0.34001% | $341,486.01 | 338,000 | 9.25% | Apr 01 2032 |
| Centene Corp | 0.31547% | $316,839.74 | 334,000 | 4.63% | Dec 15 2029 |
| SoftBank Group Corp | 0.30036% | $301,672.06 | 299,000 | 9.75% | Apr 01 2034 |
| PR RNO Property Owner 1 LLC | 0.28833% | $289,581.48 | 320,000 | 6.50% | May 01 2031 |
| Cloud Software Group LLC | 0.28167% | $282,894.61 | 286,000 | 9.00% | Sep 30 2029 |
| Quikrete Holdings Inc | 0.26828% | $269,447.98 | 277,000 | 6.38% | Mar 01 2032 |
| Cloud Software Group LLC | 0.25242% | $253,515.56 | 260,000 | 6.50% | Mar 31 2029 |
Prices and distribution
Prices
Historical Prices
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Inception date
Jun 02 2026
Listing date
Jun 04 2026
| Date | NAV (USD) | Market price (USD) |
|---|---|---|
| Oct 15 2026 | $72.4400 | $72.6682 |
| Oct 14 2026 | $72.2000 | $72.4050 |
| Oct 13 2026 | $72.4500 | $72.6356 |
| Oct 12 2026 | $72.5400 | $72.8000 |
| Oct 09 2026 | $72.5200 | $72.7550 |
| Oct 08 2026 | $72.4800 | $72.6926 |
| Oct 07 2026 | $72.5400 | $72.7196 |
| Oct 06 2026 | $72.6400 | $72.8100 |
| Oct 05 2026 | $72.3600 | $72.5348 |
| Oct 02 2026 | $72.3700 | $72.4400 |
Distribution history
Distribution frequency
Monthly
| Type | Distribution amount (per unit) | Ex-dividend date | Record date | Payment date |
|---|---|---|---|---|
| Income | $0.4080 | Oct 01 2026 | Oct 01 2026 | Oct 05 2026 |
| Income | $0.3626 | Sep 01 2026 | Sep 01 2026 | Sep 03 2026 |
| Income | $0.3753 | Aug 03 2026 | Aug 03 2026 | Aug 05 2026 |
| Income | $0.3725 | Jul 01 2026 | Jul 01 2026 | Jul 06 2026 |
Purchase information
Currencies and stock exchanges
Base currency:USD
Exchanges: Cboe BZX U.S. Equities Exchange
Fund codes
- CUSIP:922020672
- ISIN:US9220206729
- Reuters:VCHY.Z
- SEDOL:BTNKK76