Diversified (multi-asset)
VDHG
Vanguard Diversified High Growth Index ETF · Vanguard
A complete, ready-made portfolio in one trade: thousands of Australian and global shares with a small slice of bonds, built from a handful of underlying Vanguard index funds.
What the fee costs you
The management fee is 0.27% a year. Here’s what that works out to in dollars:
A 0.27% yearly fee works out to about $27 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
- Diversified (multi-asset)
- Number of holdings
- Thousands (held via several underlying Vanguard funds)
- Where it invests
- Global — a blend of Australian and international shares, the international part heavily weighted to the United States, plus a small bond allocation.
- Income paid
- Quarterly
- Currency hedged
- No — Its global shares are largely unhedged, so currency movements feed through; the smaller bond portion is generally hedged to Australian dollars.
Its character
Aimed at growth: roughly 90% shares and 10% bonds, so it leans hard toward long-term growth with only a thin cushion. One holding gives you a whole diversified portfolio, rebalanced for you.
What to keep in mind
With around 90% in shares, it sits near the higher-growth, higher-swing end of the diversified range. The wide spread across assets and countries softens single-market risk, but it still moves mostly with share markets.
How this fund relates to others
A fund-of-funds already holding Australian, global developed and emerging shares plus some bonds — so it overlaps with almost everything on the shelf at once (VDHG plus, say, VAS or VGS doubles up on those pieces). VDGR is the same recipe with more bonds; DHHF is a close all-shares cousin.
Figures last verified 2026-06-12against the issuer’s factsheet and PDS.