Vanguard Australian Shares Index ETF (VAS) $113.92

The VAS ETF has been investors vehicle of choice in recent months for simple exposure to the ASX, supported by its low 0.07% fee – it has a market cap of $27bn compared to A200’s $11bn although we note that the VAS launched almost 10-years earlier. VAS’s AUM lead is primarily a function of vintage, brand, and distribution rather than product superiority; the A200 is arguably the better-value product on lower fees (0.04%).

Both the VAS and A200 ETFs are good, simple and cheap ways to gain broad-based exposure to the ASX200, although from a performance perspective the A200 mildly trumps the VAS.

We like the risk/reward towards the VGS ETF into dips but prefer the BetaShares Australian ETF (A200) – MM owns A200 in our Core ETF Portfolio.