VanEck Core+ Diversified High Growth Active ETF (VHGR) — Review & Analysis

VHGR is the highest-octane fund in VanEck's diversified range, with $3 million in assets as at May 2026. VanEck launched VHGR on 30 April 2026 to compete with the dominant all-growth diversified ETFs: Vanguard's VDHG and Betashares' DHHF. The management fee is 0.39% per annum — higher than DHHF (0.19% MER) and VDHG (0.27% MER), justified by the real-asset diversification.

To compare VHGR side-by-side with every other ETF on the ASX, see the full ETF directory.

VHGR is 100% growth assets, diversified across global equity, Australian equity, real assets (REITs, infrastructure, gold) and commodities. The portfolio holds underlying VanEck index ETFs — MVW (equal-weight ASX), QUAL (global quality), global infrastructure, Australian REITs, gold. The real-asset and commodity component (~15% of portfolio) is the structural differentiator — pure-equity all-growth ETFs like DHHF don't include these diversifiers. Automatic quarterly rebalancing maintains target weights.

VHGR pays distributions semi-annually. The cash yield is modest (~1.5-2.0% gross) — VHGR is a pure capital-growth product, not an income fund. The real-asset exposure provides inflation protection that pure equity all-growth funds lack — a meaningful long-term diversifier even though it can lag in pure equity bull markets.

VHGR is the right choice for growth-oriented investors who want one-trade portfolio diversification including real assets. It competes with DHHF (Betashares all-growth, cheaper at 0.19% but no real assets) and VDHG (Vanguard ~90% growth, 0.27%). VanEck's pitch is "broader diversification at slightly higher fee".