Australian shares
VHY
Vanguard Australian Shares High Yield ETF · Vanguard
Around 70 Australian companies chosen because they pay higher-than-average dividends, held together in one parcel.
What the fee costs you
The management fee is 0.25% a year. Here’s what that works out to in dollars:
A 0.25% yearly fee works out to about $25 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
- ~70
- 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
A version of the Australian market tilted toward bigger dividend payers — so it leans even more heavily on the big banks and a few large, income-paying companies, and deliberately leaves out some sectors that pay little income.
What to keep in mind
Chasing income narrows the fund to fewer companies and concentrates it further in finance — so it's less diversified than a broad Australian fund, and still rises and falls with the local market.
Income
Built for income: it favours higher-dividend companies and its distributions typically carry franking credits.
How this fund relates to others
Drawn from the same large Australian companies as VAS and A200 but tilted to higher dividend payers, so it overlaps heavily with them in the big banks while leaving out lower-yield names.
Figures last verified 2026-06-12against the issuer’s factsheet and PDS.