Updated
14/08/2026
09:37
VAS
Updated 14/08/2026 09:37
MM is cautiously bullish towards the VAS ETF ~$114
Vanguard Australian Shares Index ETF (VAS)
VAS $109.88
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Performance
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Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 109.88
- Change
- ▲ 0.57 (0.52)
- Bid / Ask
- 109.80 - 109.90
- Volume
- 460,595
- Turnover
- 50,552,723
- Open
- 109.64
- Day Range
- 109.53 - 110.03
- VWAP
- 109.76
- Prev Close
- 109.31
- Last Trade
- 29/10 4:12pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$18.56B
SEP 2026
Total cost ratio
0.07%
per year
Distributions
Quarterly
Since inception
17.5 yrs
MAY 2009
- Legal name
- Vanguard Australian Shares Index ETF
- Issuer
- Vanguard Investments Australia Ltd
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Index fund
- Morningstar category
- Equity Australia Large Blend
- Category index
- S&P/ASX 200 TR AUD
- Benchmark
- S&P/ASX 300 TR
- ETF net assets
- $18.56B
- Units on issue
- 242.2M
- Domicile
- Australia
- Base currency
- AUD
- ISIN
- AU000000VAS1
- Inception
- 4 MAY 2009
- Listed
- 8 MAY 2009
- Index provider
- Standard and Poors
Objective and strategy
The Fund will hold or be exposed to most of the securities in the S&P/ASX 300 Index allowing for individual security weightings to vary marginally from the Index from time to time. The Fund may invest in securities that have been removed from or are expected to be included in the Index. The Fund may also hold securities that are not in the Index where we identify opportunities to gain exposure to securities currently or expected to be included in the Index, where we consider that to be in the interests of unitholders.
Asset allocation · 30 SEP 2026
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 2.43%Non-US equity 97.05%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 99.48 | 99.48 | — |
| Bond | 0.00 | 0.00 | — |
| Cash | 0.49 | 0.49 | — |
| Other | 0.03 | 0.03 | — |
Sector exposure
Displays the share of the fund held in each sector, sourced from Morningstar.
Cyclical 71.04%Sensitive 16.72%Defensive 12.24%
- Basic Materials
- 26.13%
- Consumer Cyclical
- 6.85%
- Financial Services
- 32.49%
- Real Estate
- 5.57%
- Communication Services
- 3.23%
- Energy
- 4.75%
- Industrials
- 6.17%
- Technology
- 2.57%
- Consumer Defensive
- 3.83%
- Healthcare
- 7.03%
- Utilities
- 1.38%
Region exposure
Displays the share of the fund held in each region, sourced from Morningstar.
Developed markets 99.82%Emerging markets 0.18%
- North America
- 2.78%
- Latin America
- 0.00%
- United Kingdom
- 0.51%
- Europe Developed
- 0.00%
- Europe Emerging
- 0.00%
- Africa / Middle East
- 0.00%
- Japan
- 0.00%
- Australasia
- 96.54%
- Asia Developed
- 0.00%
- Asia Emerging
- 0.18%
Country exposure
Displays the twelve countries the fund holds most of, sourced from Morningstar.
- Australia
- 95.94%
- United States
- 2.44%
- New Zealand
- 0.60%
- United Kingdom
- 0.51%
- Canada
- 0.34%
- China
- 0.18%
Style box
Displays where the fund's shareholdings sit on Morningstar's style box: size (large, mid, small) down and investment style (value, blend, growth) across, sourced from Morningstar.
LargeMidSmallValueBlendGrowth
- Style
- Large Blend
- Average moat
- Narrow
Size score
259
Small
Mid
Large
Value-growth score
142
Value
Blend
Growth
Economic moat
Wide 36%Narrow 21%None 42%
Market capitalisation
Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
- Giant
- 38.85%
- Large
- 34.26%
- Mid
- 20.18%
- Small
- 6.26%
- Micro
- 0.45%
Giant 39%Large 34%Mid 20%Small 6%Micro 0%
- Average market cap
- $43.50B
- Number of holdings
- 312
- Shares held
- 306
Portfolio statistics · 30 SEP 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Price / earnings
- 19.74
- Price / book
- 2.45
- Price / sales
- 2.51
- Price / cash flow
- 10.59
- Dividend yield
- 3.34%
- Assets in top 10
- 47.13%
- Return on equity
- 14.82%
- Net margin
- 21.98%
- Earnings growth (3 yr)
- 4.63%
Top holdings · top 10 = 47.13% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| BHP Group Ltd BHP | 11.19 | MAR 2010 | 6.08B | AUD | 99.9M | Basic Materials | Australia | |
| Commonwealth Bank of Australia CBA | 9.15 | MAR 2010 | 4.97B | AUD | 32.9M | Financial Services | Australia | |
| National Australia Bank Ltd NAB | 4.42 | MAR 2010 | 2.40B | AUD | 61.3M | Financial Services | Australia | |
| Westpac Banking Corp WBC | 4.34 | MAR 2010 | 2.36B | AUD | 67.3M | Financial Services | Australia | |
| ANZ Group Holdings Ltd ANZ | 4.19 | JUN 2011 | 2.27B | AUD | 59.3M | Financial Services | Australia | |
| CSL Ltd CSL | 3.20 | MAR 2010 | 1.74B | AUD | 9.4M | Healthcare | Australia | |
| Wesfarmers Ltd WES | 3.15 | APR 2017 | 1.71B | AUD | 22.3M | Consumer Cyclical | Australia | |
| Macquarie Group Ltd MQG | 3.04 | MAR 2014 | 1.65B | AUD | 6.7M | Financial Services | Australia | |
| Rio Tinto Ltd RIO | 2.25 | MAR 2010 | 1.22B | AUD | 7.3M | Basic Materials | Australia | |
| Woodside Energy Group Ltd WDS | 2.20 | MAR 2010 | 1.19B | AUD | 37.4M | Energy | Australia |
Trailing returns · 30 SEP 2026
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV) Market price
1M
-5.3
3M
1.7
6M
7.0
YTD
7.7
1Y
7.4
3Y
14.1
5Y
6.6
10Y
7.9
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | -5.28 | -5.34 | -5.27 | 52 / 338 |
| 3 months | 1.67 | 1.63 | 1.69 | 48 / 336 |
| 6 months | 7.02 | 7.03 | 7.06 | 55 / 336 |
| Year to date | 7.67 | 7.62 | 7.72 | 35 / 332 |
| 1 year | 7.41 | 7.40 | 7.49 | 29 / 329 |
| 3 years p.a. | 14.10 | 14.09 | 14.20 | 27 / 294 |
| 5 years p.a. | 6.63 | 6.63 | 6.72 | 27 / 277 |
| 10 years p.a. | 7.91 | 7.89 | 8.02 | 26 / 222 |
Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Calendar year returns
Displays the total return after fees and the capital (price) return for each calendar year, with the fund's rank in its Morningstar category, sourced from Morningstar.
Total Capital
2016
13.7
2017
10.1
2018
-2.6
2019
22.3
2020
2.4
2021
17.8
2022
-3.4
2023
15.4
2024
10.8
2025
11.7
| Year | Total % | Capital % | Rank in category |
|---|---|---|---|
| 2025 | 11.66 | 7.22 | 26 / 334 |
| 2024 | 10.81 | 7.85 | 50 / 334 |
| 2023 | 15.44 | 8.01 | 35 / 314 |
| 2022 | -3.37 | -8.51 | 42 / 340 |
| 2021 | 17.77 | 13.86 | 53 / 341 |
| 2020 | 2.39 | -0.74 | 44 / 345 |
| 2019 | 22.27 | 18.66 | 36 / 363 |
| 2018 | -2.58 | -7.73 | 24 / 340 |
| 2017 | 10.11 | 7.71 | 43 / 333 |
| 2016 | 13.67 | 7.13 | 21 / 349 |
| 2015 | 4.16 | -1.69 | 60 / 341 |
Financial year returns
Displays the total return after fees for each financial year to 30 June, sourced from Morningstar.
FY17
13.7
FY18
13.1
FY19
11.3
FY20
-7.6
FY21
28.4
FY22
-6.7
FY23
14.4
FY24
11.9
FY25
13.7
FY26
6.1
| Financial year | Total % |
|---|---|
| Financial year to date | 1.25 |
| Year to 30 JUN 2026 | 6.10 |
| Year to 30 JUN 2025 | 13.66 |
| Year to 30 JUN 2024 | 11.91 |
| Year to 30 JUN 2023 | 14.37 |
| Year to 30 JUN 2022 | -6.69 |
| Year to 30 JUN 2021 | 28.43 |
| Year to 30 JUN 2020 | -7.56 |
| Year to 30 JUN 2019 | 11.27 |
| Year to 30 JUN 2018 | 13.12 |
| Year to 30 JUN 2017 | 13.69 |
Risk statistics · 30 SEP 2026
Displays how the fund has moved relative to its category index: alpha (return beyond the index), beta (sensitivity to it), R-squared (how much the index explains), volatility and risk-adjusted returns, sourced from Morningstar.
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Alpha | -0.34 | -0.08 | -0.24 | -0.11 |
| Beta | 1.00 | 1.00 | 1.00 | 1.00 |
| R-squared | 99.86 | 99.92 | 99.93 | 99.94 |
| Standard deviation | 18.90 | 17.38 | 20.33 | 19.85 |
| Sharpe ratio | -0.06 | 0.73 | 0.43 | 0.59 |
| Sortino ratio | -0.21 | 0.99 | 0.47 | 0.69 |
| Tracking error | 0.38 | 0.31 | 0.32 | 0.32 |
| Information ratio | -0.98 | -0.39 | -0.78 | -0.32 |
| Upside capture % | 98.79 | 99.39 | 99.51 | 99.86 |
| Downside capture % | 101.31 | 99.77 | 100.91 | 100.49 |
| Maximum drawdown % | -7.30 | -7.30 | -12.20 | -26.94 |
Measured against S&P/ASX 200 TR AUD with RBA Bank accepted Bills 90 Days as the risk-free rate, to 30 SEP 2026. Maximum drawdown is on gross returns at the latest quarter end.
Portfolio risk score
Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.
Risk score
90.8
Cash 0
Global shares 100
Morningstar Portfolio Risk Score at 30 SEP 2026.
- Tracking volatility
- 0.099
- Est. holding cost %
- 0.035
- Best quarter
- 16.93% · JUN 2020
- Worst quarter
- -23.36% · MAR 2020
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
- Management fees and costs
- 0.07% p.a.
- Performance fee costs
- 0.00% p.a.
- Transaction costs
- 0.00% p.a.
- Total cost ratio
- 0.07% p.a.
- Total cost ratio (last FY)
- 0.10% p.a.
- Buy / sell spread
- 0.00% / 0.00%
- Performance fee
- Not Disclosed
- PDS dated
- 1 SEP 2026
Distributions
Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
- Latest distribution
- 1.2907
- Ex Date
- 1 OCT 2026
- Record Date
- 2 OCT 2026
- Pay Date
- 16 OCT 2026
- NAV at ex date
- 106.71
- Paid this year
- 3.4493
Distributions by year
Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.
2024
3.5
2023
3.3
2022
3.5
2021
6.3
2020
3.2
2019
2.2
2018
3.5
2017
3.5
2016
2.9
2015
3.0
| Year | Per unit ($) |
|---|---|
| 2024 | 3.4534 |
| 2023 | 3.2719 |
| 2022 | 3.5039 |
| 2021 | 6.3025 |
| 2020 | 3.1679 |
| 2019 | 2.1685 |
| 2018 | 3.5189 |
| 2017 | 3.4910 |
| 2016 | 2.9298 |
| 2015 | 3.0002 |
Distribution history
Displays the most recent distributions by ex date, sourced from Morningstar.
| Ex Date | Per unit ($) |
|---|---|
| 1 OCT 2026 | 1.2907 |
| 1 JUL 2026 | 0.4900 |
| 1 APR 2026 | 0.8479 |
| 2 JAN 2026 | 0.8208 |
| 1 OCT 2025 | 1.0959 |
| 1 JUL 2025 | 0.6502 |
| 1 APR 2025 | 0.7274 |
| 2 JAN 2025 | 0.9799 |
| 1 OCT 2024 | 1.0357 |
| 1 JUL 2024 | 0.6721 |
| 2 APR 2024 | 0.8479 |
| 2 JAN 2024 | 0.7162 |
Sustainability rating · 31 AUG 2026
Displays the Morningstar Sustainability Rating (1 to 5 globes, more is better) and the portfolio ESG risk score behind it (lower is less risk), against the average of the fund's global category, sourced from Morningstar and Sustainalytics.
Average
ESG risk score
21.87
Negligible
Low
Medium
High
Severe
Category average 22.16
- Rank in category
- 54th percentile of 540 funds
- Environmental risk
- 7.52
- Social risk
- 9.12
- Governance risk
- 4.07
- Portfolio covered
- 98.4%
ESG risk of holdings
Displays the share of the covered portfolio held in companies with negligible, low, medium, high and severe ESG risk, sourced from Morningstar and Sustainalytics.
- Negligible
- 1.44%
- Low
- 47.17%
- Medium
- 38.72%
- High
- 7.82%
- Severe
- 4.85%
14.70% of assets are in companies with high or severe controversies.
Carbon · 31 AUG 2026
Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.
Carbon risk score
11.69
Low
Medium
High
Severe
Category average 11.06
- Carbon risk
- Medium Risk
- Rank in category
- 61st percentile of 221 funds
- Fossil fuel involvement
- 21.56%
- Category average
- 17.55%
- Low Carbon Designation
- No
- Portfolio covered
- 98.4%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Jonathan Burne
- Li-hsia Yap
- Duncan Burns
- Ross Howell
- James Chatfield
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
- Number of managers
- 5
- Average tenure
- 13.0 years
- Longest tenure
- 13.6 years
- Longest serving
- Jonathan Burne, Li-hsia Yap, Duncan Burns, Ross Howell · since 1 MAR 2013
- Most recent appointment
- James Chatfield · since 21 MAR 2016
- Managed since
- 1 MAR 2013
- Other funds managed
- 241
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
| DATE | TIME | HEADING | PAGES |
| Price sensitive |
Opinion
No opinions for this company yet.
Action
Business Summary
Vanguard Australian Shares Index ETF seeks to track the return of the S&P/ASX 300 Index before taking into account fees, expenses and tax.
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