Vanguard Diversified Conservative Index ETF vs Vanguard Diversified High Growth Index ETF
Overlap is estimated from the funds' listed top holdings, not their full constituent lists. Where there are no shared listed holdings it is shown as not reliably estimable.
VDCO and VDHG are both Diversified ETFs. VDCO tracks the Multiple (Vanguard strategic asset allocation, conservative) and VDHG tracks the High Growth Composite Index. Both charge 0.27% p.a. Holdings overlap is approximately 40% estimated (top 13 holdings).
Vanguard Diversified Conservative Index ETF
Vanguard
Vanguard Diversified High Growth 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
Neither VDCO nor VDHG is the "right" pick for everyone; it comes down to what you want from the holding. Where they differ most:
Category scores compare these two ETFs only and are not absolute ratings.
Both charge about 0.27% p.a.
VDHG is the larger fund. Larger is not inherently better, but greater scale can support tighter spreads and lower closure risk.
VDCO and VDHG offer similar breadth of exposure.
VDCO distributes approximately 3% and VDHG approximately 3.3%; VDHG 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: top 13 holdings.
Top 10 listed holdings for each fund, from issuer disclosures.
VDCO top holdings
VDHG top holdings
Sector weights for VDCOare approximate, inferred from the fund's category.
VDCO sectors
VDHG sectors
Geographic weights for VDCO and VDHGare approximate, inferred from the fund's category.
VDCO geography
VDHG geography
Whether VDCO or VDHG fits comes down to your goals, time horizon and what you already hold. The clearest differences are summarised near the top of this page, with the full data below.
VDCO and VDHG have approximately 40% estimated holdings overlap (top 13 holdings). This is considered moderate overlap, estimated from listed top holdings rather than the full constituent lists.
VDCO and VDHG charge the same management fee of 0.27% per year.
VDCO (Vanguard Diversified Conservative Index ETF) manages approximately $288M and VDHG (Vanguard Diversified High Growth Index ETF) manages approximately $3.7B. 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 40% estimated holdings overlap the two funds share a moderate proportion of holdings, so there is some duplicated 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. VDCO charges 0.27% and VDHG charges 0.27%, the same management fee, and they have approximately 40% 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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