Vanguard High-Yield Active ETF (VGHY)

You may not think of Vanguard when it comes to junk bonds, but its new high-yield bond ETF may be one of the best in its space.

As the calendar turns towards 2026, the fixed income landscape is drawing significant attention from investors, largely due to persistently elevated long-end yields and the anticipation of further monetary policy adjustments by the Federal Reserve. This confluence of factors is setting the stage for a compelling environment for bond investments,

Three Vanguard bond ETFs stand out as potential winners for 2026.

Vanguard's three new active ETFs are built on long-running mutual-fund strategies as the firm expands its lineup across equities and bonds.

Vanguard debuts its first high-yield active ETF, VGHY, offering flexible bond exposure at a low 0.22% expense ratio, backed by its $1T fixed income team.