Vanguard MSCI Australian Large Companies Index ETF (VLC) Review & Analysis
- −1.6% in September (total return), ahead of the median Australian shares ETF at −2.1%.
- Investors withdrew a net $1.8m (-0.6% of the fund).
- The unit price closed the month at $90.19, 5% below its 12-month high (range $81.24 to $95.35).
About VLC
VLC is an Australian shares ETF from Vanguard, listed on the ASX since May 2011. With $310m under management it is number 36 of 81 Australian shares ETFs by size. The management fee is 0.20% a year, about $20 on every $10,000 invested, cheaper than the typical Australian shares ETF at 0.35%.
Its largest holdings are BHP Group Ltd, Commonwealth Bank of Australia and National Australia Bank Ltd, and the top 10 make up 86% of the fund. By sector it leans towards financials (46%) and materials (26%).
Over five years it has returned +7.9% a year including distributions, against +5.9% for the median Australian shares ETF. Broad, low-cost funds like this are often used as a core holding in a core and satellite portfolio.
VLC distributions and dividend dates
VLC pays distributions half-yearly, usually going ex-distribution in April and October, with payment about 15 days after the ex-date. (Pattern estimated from recent payments.)
The latest distribution was $1.3082 per unit (91% franked), ex-distribution on 1 October 2026 and paid on 16 October 2026. To receive it you need to own VLC before the ex-date.
Its distribution yield over the past 12 months is about 3.3%, with distributions around 91% franked. Distributions vary and past payments are not a guide to future ones.
From ASX announcements, updated nightly. See every ETF in the dividend calendar.
Compare VLC with
| Fee | 0.20% | 0.30% |
| 1 year | +7.1% | −0.1% |
| 5 yrs p.a. | +7.9% | +4.8% |
| Size | $310m | $1.2bn |
| Fee | 0.20% | 0.20% |
| 1 year | +7.1% | +14.8% |
| 5 yrs p.a. | +7.9% | +9.5% |
| Size | $310m | $739m |
| Fee | 0.20% | 0.85% |
| 1 year | +7.1% | −1.4% |
| 5 yrs p.a. | +7.9% | – |
| Size | $310m | $638m |
| Fee | 0.20% | 0.09% |
| 1 year | +7.1% | −3.0% |
| 5 yrs p.a. | +7.9% | +5.9% |
| Size | $310m | $607m |
VLC price by TradingView
| Stock Code | VLC |
|---|---|
| Fund Manager | Vanguard |
| Asset Class | Australian shares |
| AUM | $310m |
| MER (%) | 0.20% |
| Net flows (Sep) | −$1.8m |
| Last Price | $90.19 |
| 52-Week Range | $81.24 – $95.35 |
| Bid/Ask Spread | 0.05% |
| Listing Date | 26/05/2011 |
| Exchange | ASX |
| Index tracked | MSCI Australian Shares Large Cap Index |
| Issuer website | Vanguard ↗ |
Performance (% return)
$10,000 invested…
Value at 30 September 2026 with distributions reinvested, before tax and brokerage.
Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.
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