VGAD invests in the same global companies as VGS, but hedges the currency so returns aren’t affected by moves in the Australian dollar. It charges 0.21% a year, has $7.9b invested and returned +17.1% over the past year. The most similar ETF is VGS, which overlaps with it by about 82%.
📅 As at 30 September 2026: fee, size and 1-year return from the TMX Australia funds report; holdings and overlap from VGAD’s published holdings as at 30 September 2026.
Is it a good time to buy VGAD?
Nobody can time the market perfectly, but you can check the trend before you buy. Here’s where VGAD stands right now.
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| Net flow, September | +$136m |
| Net flow, 2026 so far | +$1.1b |
| Average month in 2026 | +$122m |
Is the whole market risk on, caution or risk off this week? Members see it every Sunday, with the core ETF check-up.
🔒 See it free for 30 days →VGAD is in a base. Prices moving sideways can be a time to build a position gradually and watch which way the trend breaks. There’s no rush either way.
General information only, not a recommendation to buy or sell VGAD. 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 VGAD?
Index: MSCI World ex Australia Index (hedged into Australian dollars) · Distributions: Quarterly · Issuer: Vanguard · Exchange: ASX
Top 10 holdings
The 10 largest companies make up 29% of VGAD.
| # | Company | Weight | |
|---|---|---|---|
| 1 | NVIDIA CorpInformation Technology | 5.79% | |
| 2 | Apple IncInformation Technology | 5.39% | |
| 3 | Microsoft CorpInformation Technology | 3.99% | |
| 4 | Alphabet (Google)Communication Services | 3.98% | |
| 5 | Amazon.com IncConsumer Discretionary | 2.66% | |
| 6 | Meta Platforms IncCommunication Services | 1.76% | |
| 7 | Broadcom IncInformation Technology | 1.75% | |
| 8 | Micron Technology IncInformation Technology | 1.33% | |
| 9 | Tesla IncConsumer Discretionary | 1.12% | |
| 10 | Advanced Micro Devices IncInformation Technology | 1.10% |
Sector breakdown
ETFs most similar to VGAD
How much each ETF’s holdings overlap with VGAD, by weight. High overlap means owning both mostly doubles up.
| ETF | Overlap | |
|---|---|---|
| VGSVanguard MSCI Index International Shares ETF | 82% | VGAD vs VGS → |
| BGBLBetashares Global Shares ETF | 76% | Compare in calculator → |
| HGBLBetashares Global Shares Currency Hedged ETF | 76% | Compare in calculator → |
| VESGVanguard Ethically Conscious Intl Shares Indx ETF | 66% | Compare in calculator → |
| V500Vanguard S&P 500 Us Shares Index ETF | 65% | Compare in calculator → |
| VTSVanguard Morningstar Us Total Mkt Shares Index ETF | 65% | Compare in calculator → |
Head to head: VGS vs VGAD · all comparisons
Check VGAD against your own ETFs →Core or satellite?
CORE Global shares
VGAD is a core global shares holding. Many investors split their global exposure between hedged and unhedged. Read more in core and satellite investing.
Read more: Hedged vs unhedged ETFs · A VAS and VGS portfolio
VGAD FAQs
Is VGAD a good ETF?
VGAD is a large, low-cost hedged global ETF. Whether hedged or unhedged suits you depends on your view of the Australian dollar, and many investors hold some of each. Whether it suits you depends on your goals and the rest of your portfolio.
What does VGAD invest in?
VGAD invests in the same global companies as VGS, but hedges the currency so returns aren’t affected by moves in the Australian dollar. Its largest holdings are NVIDIA Corp, Apple Inc, Microsoft Corp, and its biggest sector is information technology at about 37%.
What ETFs are similar to VGAD?
The ETFs with the most overlap with VGAD are VGS (about 82%) and BGBL (about 76%). Use the free ETF overlap calculator to check your own mix.
How often does VGAD pay distributions?
VGAD pays distributions quarterly.
Should I own VGAD and VGS together?
Usually there is little point: their holdings overlap by about 82%, 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 82% of the fund. Chart: TradingView. General information only, not a recommendation to buy or sell VGAD. Consider the PDS and TMD before investing.