VGIVX Performance — Vanguard Emerging Markets Government Bond Index Fund, Institutional Shares
Data updated: 2026-09-28
VGIVX returned +0.47% year to date and +6.52% over one year to Jul 2026. Annualised returns are +7.93% over 3 years and +1.77% over 5 years. The fund trailed its Emerging Markets Bond category average: $100 invested three years ago grew to $126, against $126 for the category, and to $107 over one year, against $109. Volatility over the past three years was 7.01% a year. In the 12 months to Jul 2026 the fund took in a net $1.8B, and assets reached $6.68B.
VGIVX Growth of $100
What $100 invested in Vanguard Emerging Markets Government Bond Index Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Bond category average over the same months.
| Period | VGIVX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $107 | $109 |
| 3 years (Aug 2023 – Jul 2026) | $126 | $126 |
| 5 years (Aug 2021 – Jul 2026) | $109 | $115 |
| Since data start (Aug 2019 – Jul 2026) | $118 | $123 |
VGIVX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.47% |
| 1 year | +6.52% |
| 3 years (annualised) | +7.93% |
| 5 years (annualised) | +1.77% |
VGIVX Annual Returns
Calendar-year total returns of Vanguard Emerging Markets Government Bond Index Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +0.47% |
| 2025 | +13.05% |
| 2024 | +5.73% |
| 2023 | +10.47% |
| 2022 | −16.68% |
| 2021 | −1.88% |
| 2020 | +5.82% |
| 2019 (Aug–Dec) | +2.38% |
VGIVX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.2% | +1.5% | −3.4% | +2.5% | +0.9% | +0.7% | −1.7% | — | — | — | — | — |
| 2025 | +1.3% | +1.6% | −0.7% | −0.1% | +0.9% | +2.3% | +1.1% | +1.5% | +1.6% | +2.2% | +0.3% | +0.4% |
| 2024 | −1.3% | +0.5% | +2.0% | −2.1% | +1.9% | +0.5% | +2.0% | +2.4% | +1.9% | −1.8% | +1.4% | −1.7% |
| 2023 | +3.4% | −2.5% | +1.4% | +0.3% | −0.9% | +2.0% | +1.8% | −1.6% | −3.0% | −1.5% | +6.1% | +5.1% |
| 2022 | −2.9% | −5.4% | −0.7% | −6.0% | +0.5% | −6.3% | +3.6% | −1.3% | −6.4% | +0.3% | +7.5% | +0.1% |
| 2021 | −1.3% | −2.5% | −1.4% | +2.2% | +1.2% | +0.8% | +0.5% | +1.0% | −2.2% | +0.1% | −1.7% | +1.6% |
| 2020 | +1.7% | −0.9% | −13.2% | +2.4% | +6.0% | +2.8% | +3.9% | +0.4% | −1.7% | −0.2% | +4.0% | +1.9% |
| 2019 | — | — | — | — | — | — | — | +0.4% | −0.2% | +0.3% | −0.2% | +2.0% |
VGIVX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 7.01%
- 3-year Sharpe ratio: 0.49 (vs 4.5% risk-free rate)
- Best month: +6.11% (Nov 2023)
- Worst month: −3.43% (Mar 2026)
VGIVX Fund Flows
Monthly money in and out of Vanguard Emerging Markets Government Bond Index Fund, from SEC Form N-PORT.
- 12-month net flow: $1.8B
- 12-month gross sales (incl. reinvestments): $2.2B
- Sales ÷ redemptions: 4.85×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $139.2M | $74.0M | $65.3M |
| Jun 2026 | $171.9M | $10.4M | $161.5M |
| May 2026 | $116.2M | $36.2M | $80.0M |
| Apr 2026 | $93.5M | $48.5M | $45.0M |
| Mar 2026 | $132.1M | $169.2M | −$37.1M |
| Feb 2026 | $240.1M | $58.4M | $181.7M |
| Jan 2026 | $245.0M | $24.5M | $220.5M |
| Dec 2025 | $321.3M | $4.6M | $316.7M |
| Nov 2025 | $102.6M | $17.6M | $85.0M |
| Oct 2025 | $159.4M | $3.0M | $156.4M |
| Sep 2025 | $294.8M | $3.0M | $291.8M |
| Aug 2025 | $226.2M | $12.6M | $213.5M |
VGIVX Assets Under Management
Net assets of Vanguard Emerging Markets Government Bond Index Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $6.68B |
| 2026-04-30 | $6.48B |
| 2026-01-31 | $6.36B |
| 2025-10-31 | $5.77B |
| 2025-07-31 | $4.91B |
| 2025-04-30 | $5.18B |
| 2025-01-31 | $5.23B |
| 2024-10-31 | $5.84B |
| 2024-07-31 | $5.48B |
| 2024-04-30 | $5.06B |
| 2024-01-31 | $4.39B |
| 2023-10-31 | $3.48B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.