VCHY - Vanguard Malvern Funds - Vanguard U.S. High-Yield Corporate Bond Index ETF

VCHY is a straightforward fund targeting the global fixed-rate corporate bond market through an index. The index consists of USD-denominated corporate bonds with high-yield ratings and remaining maturities of at a year. This includes USD-denominated international bonds.

Sector
Financial Services
Industry
Asset Management
Market Cap
$76.5M
Beta
0.84
52-Week Range
71.98-75.52
Dividend Yield
$1.11
IPO Date
Jun 4, 2026
Exchange
CBOE

VCHY Options Snapshot

Options pricing data for VCHY is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.

What This Page Covers

The VCHY overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

VCHY fund facts: expense ratio 0.05%, assets under management $78.7M, NAV $72.54 as of the data source's update on Oct 8, 2026, launched Jun 2, 2026, issued by Vanguard. See the VCHY holdings.

Frequently asked VCHY overview questions

What is VCHY?
VCHY is the ticker symbol for Vanguard Malvern Funds - Vanguard U.S. High-Yield Corporate Bond Index ETF, an listed exchange-traded fund. VCHY is a straightforward fund targeting the global fixed-rate corporate bond market through an index. The index consists of USD-denominated corporate bonds with high-yield ratings and remaining maturities of at a year. Listed on CBOE. VCHY is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What are VCHY's key statistics?
Vanguard Malvern Funds - Vanguard U.S. High-Yield Corporate Bond Index ETF (VCHY) carries a market capitalization of $76.5M, 52-week range of 71.98-75.52. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does VCHY belong to?
Vanguard Malvern Funds - Vanguard U.S. High-Yield Corporate Bond Index ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare VCHY's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the VCHY data on this page?
Options snapshots refresh after each trading session; if no snapshot is currently posted for VCHY, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.