VAS vs VETH: Which ETF Is Better?
A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.
VAS comes out ahead on 8 of 8 measures. Which matters most depends on you.
The short answer
Worth about $6,378 on $100,000 over 20 years.
Bigger funds usually trade more cheaply and are less likely to close.
VAS vs VETH side by side
| VAS leads on 8, VETH on 0 | VASVanguard Australian Shares Index ETF | VETHVanguard Ethically Conscious Australian Shares ETF |
|---|---|---|
| The basics | ||
| Index tracked | S&P/ASX 300 Index | FTSE Australia 300 Choice Index |
| Fund manager | Vanguard | Vanguard |
| Asset class | Australian shares | Australian shares |
| Listed | May 2009 | Oct 2020 |
| Cost and size | ||
| MERyearly fee, lower is better | 0.07%β | 0.16% |
| AUMfund size | $26.7bnβ | $651m |
| Net flows (Sep)new money in, last month | $449mβ | $6.8m |
| Bid/ask spreadtrading cost, lower is better | 0.02% | 0.04% |
| Total returns | ||
| 1 month | β2.5% | β2.5% |
| 1 year | +2.2%β | β4.6% |
| 3 years p.a. | +10.8%β | +10.6% |
| 5 years p.a. | +6.5%β | +5.3% |
| $10,000 invested | ||
| 1 year ago | $10,223β | $9,539 |
| 5 years ago | $13,672β | $12,930 |
β marks the better figure on each measure. Returns include distributions, to 30 September 2026.
VAS vs VETH price chart
Both ETFs on one chart as % change. Use the 1D to All buttons to change the period. Price only, so it leaves out distributions Β· TradingView
What $10,000 invested is worth now
$10,000 put into VAS 5 years ago is worth $13,672 today, against $12,930 in VETH. That is $742 more in VAS.
Total returns to 30 September 2026, with distributions reinvested, before tax and brokerage. The price chart above leaves out distributions, so it can look worse. Past performance is not a reliable indicator of future performance.
What the fees cost you
VAS's lower fee leaves about $6,378 more in your pocket over 20 years.
Total fees paid on a $100,000 investment, assuming a 7% a year return before fees. Illustration only: it ignores tax, brokerage and differences in returns.
VAS and VETH overlap
207 companies appear in both funds. Overlap is the share of the portfolio that is the same in both, counting the smaller weight of each shared company.
| Biggest shared holdings | % of VAS | % of VETH |
|---|---|---|
| 9.15% | 11.09% | |
| 4.42% | 5.36% | |
| 4.34% | 5.27% | |
| 4.18% | 5.08% | |
| 3.20% | 4.86% | |
| 3.15% | 4.75% | |
| 3.04% | 3.78% | |
| 2.01% | 2.98% | |
| 1.95% | 2.96% | |
| 1.74% | 2.62% | |
| 1.50% | 2.27% | |
| 1.28% | 2.96% |
Add more ETFs and see the overlap in Compare ETFs β
Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.
Get the full VAS vs VETH report
- Every holding of each ETF: the top 50 companies, with sectors and countries
- Exactly which companies they share, and how much of each
- Fees in dollars over 10, 20 and 30 years
- Every metric side by side, including the index each tracks
- β FREE BONUSIs now a good time to invest? The Market Health-O-Meter

FAQs
Which is better, VAS or VETH?
It depends on what you need. On our numbers VAS wins on 8 measures and VETH on 0. VAS is cheaper, with a management fee of 0.07% vs 0.16%. On $100,000 over 20 years that difference is worth about $6,378. VAS is the larger fund at $26.7bn vs $651m. VAS has the better 1-year return: +2.2% vs β4.6%.
Which is cheaper, VAS or VETH?
VAS charges 0.07% a year and VETH charges 0.16% a year.
Can I hold both VAS and VETH?
You can, but check how much they overlap. VAS is a Australian shares fund and VETH is a Australian shares fund.
More comparisons
General information only, not a recommendation. Past performance is not a reliable indicator of future performance.