Vanguard S&P 500 US Shares Index (Hedged) ETF vs Vanguard US Total Market Shares Index ETF
Overlap is calculated from each fund's full published holdings list. Where there are no shared listed holdings it is shown as not reliably estimable.
V5AH and VTS are near-identical US Shares ETFs, with approximately 91% (full holdings data) holdings overlap. VTS has the lower management fee (0.03% vs 0.09% p.a.). There is limited reason to hold both, as the second fund adds little new exposure.
Vanguard S&P 500 US Shares Index (Hedged) ETF
Vanguard
Vanguard US Total Market Shares Index ETF
Vanguard
Comparison scores reflect how each ETF compares to the other on these specific dimensions only. They are not absolute ratings or recommendations.
Key differences at a glance
Which of V5AH and VTS fits depends on your objectives, not on one being superior. Where the two funds differ most:
Category scores compare these two ETFs only and are not absolute ratings.
VTS has the lower management fee - the one objective "cheaper" axis.
VTS is the larger fund. Larger is not inherently better, but greater scale can support tighter spreads and lower closure risk.
V5AH and VTS offer similar breadth of exposure.
V5AH distributes approximately 0% and VTS approximately 1.3%; VTS carries the higher estimated distribution yield. A higher yield may suit an income focus; a lower one may suit a growth or tax-efficiency focus. Yields are estimates and are not guaranteed; past performance is not a reliable indicator of future returns.
Green highlights the factually lower fee or higher scale/income figure. Performance is never highlighted. Data from issuer disclosures, reviewed quarterly; sector and geography figures for some funds are category-inferred estimates, clearly labelled on each fund's page.
Yield figures are estimates based on recent distributions and may vary. Past distributions are not a reliable indicator of future distributions.
Past performance is not a reliable indicator of future returns.
Top shared holdings ranked by overlap contribution, the smaller of each company's weight in the two funds. Basis: full holdings data.
Top 10 listed holdings for each fund, from issuer disclosures. Where a fund does not publish full holdings, its list is not shown here (a category-based estimate appears on the fund page).
V5AH top holdings
This issuer does not publish full holdings for this fund, so they are not shown here.
VTS top holdings
Sector weights for V5AHare approximate, inferred from the fund's category.
V5AH sectors
VTS sectors
Geographic weights for V5AHare approximate, inferred from the fund's category.
V5AH geography
VTS geography
Choosing between V5AH and VTS depends on your goals, time horizon and current holdings, not on one being the right answer for everyone. The main differences are summarised above, with the complete data below.
V5AH and VTS have approximately 91% holdings overlap, based on each fund's full published holdings list. This is considered high overlap.
VTS has the lower management fee. V5AH charges 0.09% per year ($9 per year on a $10,000 investment) and VTS charges 0.03% per year ($3 per year on a $10,000 investment). The difference is $6 per year per $10,000 invested.
V5AH (Vanguard S&P 500 US Shares Index (Hedged) ETF) manages approximately $13.56M and VTS (Vanguard US Total Market Shares Index ETF) manages approximately $6.7B. Fund size can affect liquidity and bid-ask spreads but does not by itself change the management fee.
You can hold both, but with approximately 91% estimated holdings overlap the two funds hold a high proportion of the same companies, so holding both means paying two sets of management fees on largely the same exposure. Whether that suits you depends on your own objectives.
There is no universally right choice. It depends on your goals, time horizon and existing holdings. V5AH charges 0.09% and VTS charges 0.03%, so VTS has the lower management fee, and they have approximately 91% estimated holdings overlap. Compare their fees, holdings and sectors above and consider each fund's Product Disclosure Statement and Target Market Determination.
General information only.This comparison and the ETFLens tools on this page provide general information about two exchange-traded funds and do not take into account your personal objectives, financial situation or needs. It is not personal financial product or investment advice. ETFLens does not hold an Australian Financial Services Licence (AFSL). Holdings overlap is calculated from each fund's published holdings (full lists where the issuer publishes one, listed top holdings otherwise), and fee data is sourced from fund manager PDS documents and updated quarterly. Past performance is not a reliable indicator of future returns. Consider each fund's Product Disclosure Statement (PDS) and Target Market Determination (TMD), and seek advice from a registered tax agent or licensed financial adviser, before making investment decisions.
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