Australian shares
VAS
Vanguard Australian Shares Index ETF · Vanguard
The roughly 300 largest companies listed on the Australian share market, held in one parcel.
What the fee costs you
The management fee is 0.07% a year. Here’s what that works out to in dollars:
A 0.07% yearly fee works out to about $7.00 a year per $10,000 invested.
A rough guide based on the headline fee only. Other costs (such as brokerage or buy/sell spreads) aren’t included.
The basics
- Issuer
- Vanguard
- Asset class
- Australian shares
- Number of holdings
- ~300
- Where it invests
- 100% Australia.
- Income paid
- Quarterly
- Currency hedged
- N/A — It holds Australian companies priced in Australian dollars, so there's no foreign-currency exposure to hedge.
Its character
Heavily tilted toward the big banks and the major miners — financials and materials together are around 60% of the fund — simply because they're the largest businesses on the ASX, so it leans on how a few sectors perform.
What to keep in mind
Diversified across many companies, but all in a single country. Australia is a small slice of the world's economy and is concentrated in finance and resources, so this rises and falls with the local market.
Income
Distributions typically carry franking credits, since it holds Australian companies that pay franked dividends.
How this fund relates to others
Holds almost the same companies as A200, IOZ and STW — all track the biggest names on the ASX — so they overlap heavily with one another. VAS reaches a little wider (the top ~300 vs ~200). VSO covers the smaller companies it underweights.
Figures last verified 2026-06-12against the issuer’s factsheet and PDS.