Vanguard Australian Floating Rate Bond Index ETF (VFLT) Review & Analysis

New ETF
MER · Top 10%AUM · #402 of 508
What's new this monthData to 30 September 2026
  • +0.4% in September (total return), ahead of the median Australian bonds ETF at −0.4%.
  • Investors added a net $5.5m (32.4% of the fund).
  • The unit price closed the month at $50.32, 2% below its 12-month high (range $50.05 to $51.34).
  • 🆕 New fund: listed in August 2026.

About VFLT

VFLT is an Australian bonds ETF from Vanguard, listed on the ASX since August 2026. With $23m under management it is number 48 of 59 Australian bonds ETFs by size. The management fee is 0.15% a year, about $15 on every $10,000 invested, cheaper than the typical Australian bonds ETF at 0.25%.

It is too new to have a full year of performance. With its focus on bonds & fixed income, it is the kind of fund many investors use as a smaller satellite holding alongside a diversified core.

VFLT distributions and dividend dates

The latest distribution was $0.2243 per unit (0% franked), ex-distribution on 2 November 2026 and paid on 17 November 2026. To receive it you need to own VFLT before the ex-date.

From ASX announcements, updated nightly. See every ETF in the dividend calendar.

Compare VFLTCheck overlapVanguard website ↗

Compare VFLT with

VFLTvsQPON
Betashares Australian Bank Senior Floating Rate Bond ETF
Fee0.15%0.22%
1 year–+4.6%
5 yrs p.a.–+3.8%
Size$23m$2.4bn
Same holdingsNo holdings data
Full comparison →
VFLTvsFLOT
VanEck Australian Floating Rate ETF
Fee0.15%0.22%
1 year–+4.3%
5 yrs p.a.–+3.5%
Size$23m$1.3bn
Same holdingsNo holdings data
Full comparison →
VFLTvsHCRD
Betashares Interest Rate Hedged Aus Corp Bond ETF
Fee0.15%0.29%
1 year–+3.6%
5 yrs p.a.––
Size$23m$365m
Same holdingsNo holdings data
Full comparison →
VFLTvsIAF
iShares Core Composite Bond ETF
Fee0.15%0.10%
1 year–−0.4%
5 yrs p.a.–−0.2%
Size$23m$3.7bn
Same holdingsNo holdings data
Full comparison →

VFLT price by TradingView

Stock CodeVFLT
Fund ManagerVanguard
Asset ClassAustralian bonds
AUM$23m
MER (%)0.15%
Net flows (Sep)+$5.5m
Last Price$50.32
52-Week Range$50.05 – $51.34
Bid/Ask Spread0.07%
Listing Date26/08/2026
ExchangeASX
IndexNot yet in our data. See the PDS
Issuer websiteVanguard ↗

Performance (% return)

0%0%0%0%1M0.4%1Yn/a3Yn/a5Yn/a
1 month+0.4%
1 year–
3 years p.a.–
5 years p.a.–

Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.

VFLT at a glance: strengths and things to watch

👍 Strengths

  • Low cost. At 0.15% a year it is cheaper than 88% of Australian bonds ETFs.
  • Money is flowing in. Investors added a net $5.5m in September (24% of the fund).
  • Cheap to trade. A bid/ask spread of 0.07%, so buying and selling costs little extra.

⚠️ Things to watch

  • Small fund. With $23m under management, it is more at risk of being closed or merged than larger funds, and trading can be thinner.
  • Short track record. Listed in August 2026, so it hasn't been tested through a full market cycle.

Worked out from VFLT's fees, size, flows, returns and trend against the 59 Australian bonds ETFs in Australia, to 30 September 2026. General information, not a recommendation.

Joshua StegaetfadviserTrend check
Not rated yet

Is VFLT in a base or a trend?

VFLT doesn't have enough price history yet (about 11 months) for a reliable trend reading, or it is a cash-like fund whose price barely moves.

Why it matters: Every ETF moves between bases and trends. Knowing which stage it is in helps decide when to buy a satellite, and when to wait.

At ETF Adviser the core of a portfolio stays invested through every stage, and satellite ETFs are only bought in an uptrend. Members get a weekly update on which ETFs are breaking out of a base and which trends have broken.

Get the weekly trend updates: try it free for 30 daysHow base and trend works →See every ETF's stage →Visit etfadviser.com.au →

Why no chart? Bond, cash and currency fund prices drop each time a distribution is paid, so a price chart makes them look worse than they are. Check the total returns above instead.

Read more at etfadviser.com.au →

Investment Focus

Themes & Sectors

Bonds & fixed income

Portfolio Breakdown

Sector breakdown

  • Bonds & cash100.0%

Holdings from the issuer's published portfolio. Compare VFLT's holdings with other ETFs →

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.

Similar ETFs

CodeNameSame holdingsMERAUM1Y3Y p.a.5Y p.a.
QPONBetashares Australian Bank Senior Floating Rate Bond ETF–0.22%$2.4bn+4.6%+5.0%+3.8%
FLOTVanEck Australian Floating Rate ETF–0.22%$1.3bn+4.3%+4.7%+3.5%
HCRDBetashares Interest Rate Hedged Aus Corp Bond ETF Currency hedged–0.29%$365m+3.6%+6.6%–
IAFiShares Core Composite Bond ETF–0.10%$3.7bn−0.4%+3.4%−0.2%
CREDBetashares Australian Investment Grade Corporate Bond ETF–0.25%$1.9bn−1.2%+5.7%+0.5%
OZBDBetashares Australian Composite Bond ETF–0.19%$1.5bn−0.8%+4.1%–

Same holdings is the share of VFLT's money in companies the other ETF also holds, weighted by size. No other ETF shares much with VFLT, so these are ETFs in the same category. See every ETF like VFLT →

VFLT vs its closest alternatives

What actually differs between VFLT and the ETFs most like it. Data to 30 Sep 2026.

QPON Betashares Australian Bank Senior Floating Rate Bond ETF

  • VFLT is cheaper (0.15% vs 0.22%), worth about $4,899 on $100,000 over 20 years.
  • QPON is much larger ($2.4bn vs $23m), which usually means tighter trading spreads.

Compare VFLT and QPON side by side →

FLOT VanEck Australian Floating Rate ETF

  • VFLT is cheaper (0.15% vs 0.22%), worth about $4,899 on $100,000 over 20 years.
  • FLOT is much larger ($1.3bn vs $23m), which usually means tighter trading spreads.

Compare VFLT and FLOT side by side →

HCRD Betashares Interest Rate Hedged Aus Corp Bond ETF

  • VFLT is cheaper (0.15% vs 0.29%), worth about $9,738 on $100,000 over 20 years.
  • HCRD is much larger ($365m vs $23m), which usually means tighter trading spreads.
  • Different structure: VFLT is a standard fund, HCRD is currency hedged.

Compare VFLT and HCRD side by side →

General information only. Past performance is not a reliable indicator of future performance.

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VFLT FAQs

What is the fee for VFLT?

VFLT charges a management fee (MER) of 0.15% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is VFLT?

VFLT had $23m in funds under management as at 30 September 2026.

Who manages VFLT?

VFLT is managed by Vanguard and has been listed since August 2026.

Disclaimer

This review is general information only and does not take into account your objectives, financial situation or needs. Consider the Vanguard product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.