Vanguard Australian Shares Index ETF vs Vanguard FTSE Emerging Markets Shares 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.
VAS (Australian Broad Market) and VGE (Global Broad Market) provide different exposures. VAS tracks the S&P/ASX 300 and VGE tracks the FTSE Emerging Markets All Cap China A Inclusion Index (AUD). VAS has the lower management fee (0.07% vs 0.48% p.a.). Holdings overlap is approximately 0% (full holdings data).
Vanguard Australian Shares Index ETF
Vanguard
Vanguard FTSE Emerging Markets Shares 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
There is no single "better" fund here - which suits you depends on your goals. The clearest differences between VAS and VGE:
Category scores compare these two ETFs only and are not absolute ratings.
VAS has the lower management fee - the one objective "cheaper" axis.
VAS is the larger fund. Larger is not inherently better, but greater scale can support tighter spreads and lower closure risk.
VGE spreads exposure across more holdings (VAS 316, VGE 4,754); the other is more concentrated. Neither is inherently better - it depends on whether you want breadth or a focused tilt.
VAS distributes approximately 3.3% and VGE approximately 2.3%; VAS 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.
VAS top holdings
VGE top holdings
Based on each fund's most recently published sector and geographic weightings; figures are approximate. Full breakdowns are shown below.
Sector weights for VGEare approximate, inferred from the fund's category.
VAS sectors
VGE sectors
VAS geography
VGE geography
There is no single right choice between VAS and VGE - it depends on your goals, time horizon and existing holdings. The key differences between the two funds are summarised near the top of this page, with the full side-by-side data below.
VAS and VGE have approximately 0% holdings overlap, based on each fund's full published holdings list. This is considered low overlap.
VAS has the lower management fee. VAS charges 0.07% per year ($7 per year on a $10,000 investment) and VGE charges 0.48% per year ($48 per year on a $10,000 investment). The difference is $41 per year per $10,000 invested.
VAS (Vanguard Australian Shares Index ETF) manages approximately $24.3B and VGE (Vanguard FTSE Emerging Markets Shares ETF) manages approximately $1.9B. 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 0% estimated holdings overlap the two funds hold mostly different companies, so they can be more complementary. 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. VAS charges 0.07% and VGE charges 0.48%, so VAS has the lower management fee, and they have approximately 0% 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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