BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

VGVTvsGNMAETF Comparison

ETF 1

VGVT

Vanguard Government Securities Active ETF

This fund is part of

US Government Bonds

-0.02%

Full VGVT fund page

VS

ETF 2

GNMA

iShares GNMA Bond ETF

This fund is part of

MBS & ABS

+0.07%

Full GNMA fund page

Vanguard Government Securities Active ETF (VGVT) belongs to the US Government Bonds segment. iShares GNMA Bond ETF (GNMA) is part of the MBS & ABS segment. VGVT's top 3 sector exposures are Sovereign, Government Agencies and Industrials. In contrast, GNMA's top sector exposures are Industrials and Non-Corporate. VGVT is less expensive with a Total Expense Ratio (TER) of 0.1%, versus 0.11% for GNMA. VGVT is down -0.77% year-to-date (YTD) with +$7M in YTD flows. GNMA performs better with -0.6% YTD performance, and +$44M in YTD flows. Run a side-by-side ETF comparison of VGVT and GNMA below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

VGVT vs GNMA performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	VGVT GNMA	+1.60%+2.31%	-0.63%-1.06%	-0.77%-0.60%	-1.23%-0.59%	n/a+18.28%	n/a+1.42%
Flows	VGVT GNMA	+$1M+$2M	+$3M+$16M	+$7M+$44M	+$23M+$78M	-+$102M	-+$1M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	VGVT GNMA	+4.10%+6.03%	+3.66%+4.60%	n/a+5.52%	n/a+6.57%
Max drawdown	VGVT GNMA	-3.01%-4.45%	-4.51%-5.36%	n/a-5.36%	n/a-15.48%
Max drawdown duration	VGVT GNMA	63d63d	240d240d	n/a240d	n/a1397d

Trading data

Create an account to view trading data

Join for free

	VGVT	GNMA
Last sale 10/28/2026 at 1:30 PM	$72.96	$42.61
Previous close 10/27/2026	$73.04	$42.66
Consolidated volume 10/27/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

VGVT

is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free

	VGVT	GNMA
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/28/2026 at 1:30 PM

Live

Closed

	VGVT	GNMA
Last price	$72.96	$42.61
1D performance	-0.11%	-0.12%
AuM	$39.08 M	$429.20 M
E/R	0.1%	0.11%

Characteristics

	VGVT	GNMA
Management strategy	Active	Passive
Provider	Vanguard	iShares
Benchmark	-	Bloomberg U.S. GNMA Bond Index
N° of holdings	93	109
Asset class	-	Bonds
Trailing 12m distribution yield	Join	Join
Inception date	June 18, 2025	February 14, 2012
ESG	No	No

More VGVT data on Trackinsight

More GNMA data on Trackinsight

Exposure

Countries

VGVT

USA

32.31%

Other

67.69%

GNMA

USA

48.8%

Other

51.2%

Sectors

VGVT

Sovereign

30.84%

Other

69.16%

GNMA

Industrials

39.92%

Non-Corporate

8.88%

Other

51.2%

Diversification

VGVT

Total weight of top 15 holdings out of 15

23.71%

GNMA

Total weight of top 15 holdings out of 15

33.91%

Top 15 holdings

Data as of August 31, 2026

VGVT

US3136B1K865

4.24%

US3136B4KB37

2.12%

US3136AY6U29

1.97%

US01F0526982

1.93%

USA, Notes 3.875% 30jun2030, USD (AA-2030)

1.89%

USA, Notes 4% 31mar2030, USD (W-2030)

1.85%

US26847JBA79

1.50%

USA, Notes 4.625% 30apr2029, USD (Y-2029)

1.10%

USA, Notes 4.25% 31jan2030, USD (U-2030)

1.10%

US3136G5ZX16

1.03%

USA, Notes 4% 30apr2032, USD (K-2032)

1.03%

USA, Notes 3.875% 31jul2030, USD (AB-2030)

1.03%

US38383LFS43

1.02%

US3138LM6U27

1.02%

US3136B2GX47

0.88%

GNMA

BlackRock Cash Funds - Treasury

8.88%

G2 MA7192, 2% 20feb2051, USD (ABS)

2.59%

US3618N5XQ77

2.51%

G2 MA9360, 4.5% 20dec2053, USD (ABS)

2.42%

US21H0526945

1.97%

US36179WTX64

1.90%

G2 MA8878, 5% 20may2053, USD (ABS)

1.67%

G2 MB0025, 5% 20nov2054, USD (ABS)

1.64%

US36179WJR07

1.62%

G2 MA7880, 2% 20feb2052, USD (ABS)

1.59%

G2 MA8801, 5.5% 20apr2053, USD (ABS)

1.59%

G2 MA6864, 2% 20sep2050, USD (ABS)

1.44%

US36179WLP13

1.40%

US36179WFG87

1.38%

US3617NWEY42

1.32%

Frequently asked questions about VGVT and GNMA

How have the VGVT and GNMA ETFs performed in 2026?

As of October 27, 2026, VGVT is down -0.77% year-to-date (YTD), while GNMA has lost -0.6%. That puts GNMA better performer ahead so far this year.

Which ETF is attracting more investor money: VGVT or GNMA?

Year-to-date, the VGVT ETF saw +$7M in flows, compared to +$44M for GNMA.

Which ETF is more volatile: VGVT or GNMA?

Over the past year, VGVT had a volatility of 3.66%, while GNMA experienced 4.6%.

Which ETF is bigger: VGVT or GNMA?

As of October 27, 2026, VGVT holds $39.08 M in assets under management (AUM), while GNMA manages $429.20 M.

What sectors do the VGVT and GNMA ETFs invest in?

VGVT leans toward sectors like Sovereign. Meanwhile, GNMA focuses on Industrials and Non-Corporate.

What are the top holdings of the VGVT ETF and GNMA ETF?

VGVT top holdings include US3136B1K865, US3136B4KB37 and US3136AY6U29. GNMA holds in its top three: BlackRock Cash Funds - Treasury, G2 MA7192, 2% 20feb2051, USD (ABS) and US3618N5XQ77.

Which ETF is more diversified: VGVT or GNMA?

VGVT holds 268 securities with 23.71% of its assets in the top 15. GNMA has 355 securities and a top 15 weight of 33.91%.

Vanguard Adds Three New Bond ETFs to Its Lineup

July 29, 2025

VGVT

VGVTvsGNMAETF Comparison

Vanguard Government Securities Active ETF

iShares GNMA Bond ETF

VGVT vs GNMA performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the VGVT and GNMA ETFs performed in 2026?

As of October 27, 2026, VGVT is down -0.77% year-to-date (YTD), while GNMA has lost -0.6%. That puts GNMA better performer ahead so far this year.

Which ETF is attracting more investor money: VGVT or GNMA?

Year-to-date, the VGVT ETF saw +$7M in flows, compared to +$44M for GNMA.

Which ETF is more volatile: VGVT or GNMA?

Over the past year, VGVT had a volatility of 3.66%, while GNMA experienced 4.6%.

Which ETF is bigger: VGVT or GNMA?

As of October 27, 2026, VGVT holds $39.08 M in assets under management (AUM), while GNMA manages $429.20 M.

What sectors do the VGVT and GNMA ETFs invest in?

VGVT leans toward sectors like Sovereign. Meanwhile, GNMA focuses on Industrials and Non-Corporate.

What are the top holdings of the VGVT ETF and GNMA ETF?

VGVT top holdings include US3136B1K865, US3136B4KB37 and US3136AY6U29. GNMA holds in its top three: BlackRock Cash Funds - Treasury, G2 MA7192, 2% 20feb2051, USD (ABS) and US3618N5XQ77.

Which ETF is more diversified: VGVT or GNMA?

VGVT holds 268 securities with 23.71% of its assets in the top 15. GNMA has 355 securities and a top 15 weight of 33.91%.

Vanguard Adds Three New Bond ETFs to Its Lineup

ETFs’ Next Act: From Access to Selection