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ETF PROFILE · ASX: VDBA

VDBA ETF: Vanguard Diversified Balanced Index

What VDBA holds, its fees and returns, the ETFs most similar to it, and where it fits in a core and satellite portfolio.

Fee0.27%a year
Size$942minvested
1 year+3.7%total return
5 years+22%total return
Top 1012%of the fund
Listed2017Vanguard
· Updated 2 November 2026
THE SHORT ANSWER

VDBA is an all-in-one ETF that holds about 50% shares and 50% bonds, rebalanced for you. It charges 0.27% a year, has $942m invested and returned +3.7% over the past year. The most similar ETF is VDCO, which overlaps with it by about 72%.

📅 As at 30 September 2026: fee, size and 1-year return from the TMX Australia funds report; holdings and overlap from VDBA’s published holdings as at 30 September 2026.

Is it a good time to buy VDBA?

Nobody can time the market perfectly, but you can check the trend before you buy. Here’s where VDBA stands right now.

Trend now

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Money flows
Steady inflowsNet money into VDBA (new money in minus money out)
Net flow, September+$10m
Net flow, 2026 so far+$112m
Average month in 2026+$12m

See this week’s ETF flows

Market Health-O-Meter

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VDBA is in a downtrend. Some investors wait for the trend to turn before adding; others keep buying small, regular amounts. Whatever you do, size it so a further fall wouldn’t derail your plan.

General information only, not a recommendation to buy or sell VDBA. Whether it suits you depends on your goals and the rest of your portfolio. Trend updated weekly; flows from the TMX Australia funds report (September 2026) and the Global X weekly market monitor. See every ETF’s trend in the ETF trend scanner, or read when to buy an ETF.

What is VDBA?

WHAT IT DOESVDBA is an all-in-one ETF that holds about 50% shares and 50% bonds, rebalanced for you.
WHO IT SUITSMore conservative investors, or those nearer retirement, who want a balanced portfolio in one ETF.
WATCH OUT FORHalf in bonds means much lower long-term growth than an all-shares fund.

Index: A mix of Vanguard index funds (about 50% shares, 50% bonds) · Distributions: Quarterly · Issuer: Vanguard · Exchange: ASX

Top 10 holdings

The 10 largest companies make up 12% of VDBA.

#CompanyWeight
1BHP Group LtdMaterials2.23%
2Commonwealth Bank of AustraliaFinancials1.83%
3NVIDIA CorpInformation Technology1.38%
4Apple IncInformation Technology1.28%
5Microsoft CorpInformation Technology0.95%
6Alphabet (Google)Communication Services0.95%
7National Australia Bank LtdFinancials0.88%
8Westpac Banking CorpFinancials0.87%
9ANZ Group Holdings LtdFinancials0.84%
10CSL LtdHealth Care0.64%

Sector breakdown

Bonds & cash
57%
Financials
10%
Information Technology
9%
Materials
6%
Health Care
3%
Consumer Discretionary
3%
Industrials
3%
Communication Services
3%

ETFs most similar to VDBA

How much each ETF’s holdings overlap with VDBA, by weight. High overlap means owning both mostly doubles up.

ETFOverlapFee1 year
VDCOVanguard Diversified Conservative Index ETF72%0.27%+2.3%Compare in calculator →
IBALiShares Balanced Esg ETF67%0.22%+3.7%Compare in calculator →
VDGRVanguard Diversified Growth Index ETF67%0.27%+5.6%Compare in calculator →
VAFVanguard Australian Fixed Interest Index ETF49%0.10%-0.4%Compare in calculator →
1GOVVanEck 1-5 Year Australian Government Bond ETF49%0.22%+0.6%Compare in calculator →
28BBBetashares 2028 Fixed Term Corp Bond Active ETF49%0.22%+2.8%Compare in calculator →
Check VDBA against your own ETFs →

Core or satellite?

CORE All-in-one (diversified)

VDBA is a core holding on its own. Read more in core and satellite investing.

Read more: ETFs for retirement · VDHG vs VAS and VGS

VDBA FAQs

Is VDBA a good ETF?

VDBA is a simple, balanced portfolio in one ETF. It suits lower risk tolerance and shorter time frames. Whether it suits you depends on your goals and the rest of your portfolio.

What does VDBA invest in?

VDBA is an all-in-one ETF that holds about 50% shares and 50% bonds, rebalanced for you. Its largest holdings are BHP Group Ltd, Commonwealth Bank of Australia, NVIDIA Corp, and its biggest sector is bonds and cash at about 57%.

What ETFs are similar to VDBA?

The ETFs with the most overlap with VDBA are VDCO (about 72%) and IBAL (about 67%). Use the free ETF overlap calculator to check your own mix.

How often does VDBA pay distributions?

VDBA pays distributions quarterly.

Should I own VDBA and VDCO together?

Usually there is little point: their holdings overlap by about 72%, so owning both mostly doubles up.

Fee, size and returns: TMX Australia Funds Report to 30 September 2026; returns are total returns, 5-year figure is cumulative. Holdings from Vanguard as at 30 September 2026; sector split based on the holdings we can see, about 86% of the fund. Chart: TradingView. General information only, not a recommendation to buy or sell VDBA. Consider the PDS and TMD before investing.

Does VDBA double up with your other ETFs?

Our free overlap calculator looks through your core and satellite ETFs to the companies inside, and shows where they overlap.

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