InvestSMART

Exchange Traded Funds (ETFs)

Top performing ASX-listed Diversified Exchange Traded Funds (ETFs)

Diversified ETFs provide an opportunity for broad market exposure through a single investment, which could be attractive to investors seeking a balanced approach to asset allocation. These ETFs blend stocks, bonds, and other asset classes in proportions that align with varying risk tolerances and investment goals. They may be particularly appealing to those looking for a mix of growth and income within their portfolios.

Below are some of the potential pros & cons of investing in Diversified Exchange Traded Funds (ETFs).

Pros of Diversified ETFs:

  • Offer a mix of asset classes, including equities, bonds, and other securities.
  • Provide broad market exposure and risk management.
  • Cater to different risk appetites, from aggressive growth to conservative income.
  • Simplify the process of maintaining a diversified investment portfolio.
  • Suitable for achieving balanced and comprehensive investment goals.

Cons of Diversified ETFs:

  • May not outperform specialized or sector-specific ETFs.
  • Higher expense ratios for some diversified ETFs.
  • Limited control over individual asset allocation.
  • Performance can be influenced by market conditions across multiple asset classes.
  • Requires regular monitoring to ensure alignment with investment goals.

Top Diversified by 3yr returns (as at 13 June 2025)

Code Security Name Geographic
Focus		 Asset
Class		 MER Market Cap
($m)		 Management
Type		 InvestSMART
Rating 		Yield
1Yr		 Return
1Yr		 Return
3Yr (p.a.)
VDIF Vanguard Diversified Income ETF Global Diversified 0.32% 12 ETF starstar 0.4% n/a n/a
VDHG Vanguard Diversified High Growth Index ETF Global Diversified 0.27% 2,982 ETF starstarstarstar 4.1% 13.4% 11.2%
VDGR Vanguard Diversified Growth Index ETF Global Diversified 0.27% 1,079 ETF starstarstarstar 3.2% 11.7% 9.0%
VDCO Vanguard Diversified Conservative Index ETF Global Diversified 0.27% 242 ETF starstarstarstar 2.1% 8.1% 4.9%
VDBA Vanguard Diversified Balanced Index ETF Global Diversified 0.27% 725 ETF starstarstarstar 3.0% 10.1% 6.8%
VDAL Vanguard Diversified All Growth Index ETF Global Diversified 0.27% 44 ETF starstar 0.2% n/a n/a
IGRO iShares High Growth ESG ETF Global Diversified 0.22% 16 ETF starstar 3.0% 14.7% n/a
IBAL iShares Balanced ESG ETF Global Diversified 0.22% 19 ETF starstar 3.4% 11.1% n/a
DZZF BetaShares Ethical Diversified High Growth ETF Global Diversified 0.39% 105 ETF starstarstar 3.1% 12.4% 12.4%
DHHF BetaShares Diversified All Growth ETF Global Diversified 0.19% 729 ETF starstarstarstar 2.2% 14.8% 13.2%
DGGF BetaShares Ethical Diversified Growth ETF Global Diversified 0.39% 51 ETF starstar 3.2% 10.9% 10.0%
DBBF BetaShares Ethical Diversified Balanced ETF Global Diversified 0.39% 34 ETF starstarstar 3.5% 9.6% 7.6%
Code Security Name Issuer Inception Type Objective
VDIF Vanguard Diversified Income ETF Vanguard Investments Australia Ltd 4 Mar 2025 ETF The Vanguard Diversified Income ETF seeks to provide regular income and some capital growth potential via exposure to a highly diversified; multi asset portfolio.
VDHG Vanguard Diversified High Growth Index ETF Vanguard Investments Australia Ltd 20 Nov 2017 ETF The Fund seeks to achieve its objective by employing a passive investment strategy that tracks the weighted average return of the various indices of the underlying funds in which the Fund invests, in proportion to the SAA for the Fund, before taking into account fees, expenses and tax.
VDGR Vanguard Diversified Growth Index ETF Vanguard Investments Australia Ltd 20 Nov 2017 ETF The Fund seeks to achieve its objective by employing a passive investment strategy that tracks the weighted average return of the various indices of the Underlying Funds in which the Fund invests, in proportion to the SAA for the Fund, before taking into account fees, expenses and tax.
VDCO Vanguard Diversified Conservative Index ETF Vanguard Investments Australia Ltd 20 Nov 2017 ETF The Vanguard Diversified Conservative Index ETF seeks to track the weighted average return of the various indices of the underlying funds in which it invests, in proportion to the Strategic Asset Allocation, before taking into account fees, expenses and tax.
VDBA Vanguard Diversified Balanced Index ETF Vanguard Investments Australia Ltd 20 Nov 2017 ETF The Fund seeks to achieve its objective by employing a passive investment strategy that tracks the weighted average return of the various indices of the Underlying Funds in which the Fund invests, in proportion to the SAA for the Fund, before taking into account fees, expenses and tax.
VDAL Vanguard Diversified All Growth Index ETF Vanguard Investments Australia Ltd 4 Mar 2025 ETF Vanguard Diversified All Growth Index ETF seeks to track the weighted average return of the various indices of the Underlying Funds in which it invests; in proportion to the Strategic Asset Allocation; before taking into account fees; expenses and tax.
IGRO iShares High Growth ESG ETF BlackRock Investment Mgmt (AUS) Ltd 15 Aug 2022 ETF The Fund aims to provide investors with the performance of the various indices of the Underlying Funds in which the Fund invests, in proportion to a ''High Growth' long term Strategic Asset Allocation (SAA), before fees and expenses, of approximately 90% equities and 10% fixed income exposure.
IBAL iShares Balanced ESG ETF BlackRock Investment Mgmt (AUS) Ltd 15 Aug 2022 ETF The Fund aims to provide investors with the performance of the various indices of the Underlying Funds in which the Fund invests, in proportion to a 'Balanced' long term Strategic Asset Allocation (SAA), before fees and expenses, of approximately 50% equities and 50% fixed income exposure.
DZZF BetaShares Ethical Diversified High Growth ETF BetaShares Capital Ltd 10 Dec 2019 ETF The Fund will aim to provide investors with a broadly diversified portfolio consistent with a high growth risk-return profile, comprising investments selected according to ethical investment considerations, and passively blend the returns of the index-tracking Underlying ETFs in which the Fund invests, in proportion to the Fund's strategic asset allocation.
DHHF BetaShares Diversified All Growth ETF BetaShares Capital Ltd 3 Dec 2019 ETF The Fund will aim to provide investors with a broadly diversified portfolio consistent with a very high growth risk-return profile, and passively blend the returns of the index-tracking Underlying ETFs in which the Fund invests, in proportion to the Fund's strategic asset allocation.
DGGF BetaShares Ethical Diversified Growth ETF BetaShares Capital Ltd 5 Dec 2019 ETF The Fund will aim to provide investors with a broadly diversified portfolio consistent with a growth risk-return profile, comprising investments selected according to ethical investment considerations, and passively blend the returns of the index-tracking Underlying ETFs in which the Fund invests, in proportion to the Fund's strategic asset allocation.
DBBF BetaShares Ethical Diversified Balanced ETF BetaShares Capital Ltd 9 Dec 2019 ETF The Fund will aim to provide investors with a broadly diversified portfolio consistent with a balanced risk-return profile, comprising investments selected according to ethical investment considerations, and passively blend the returns of the index-tracking Underlying ETFs in which the Fund invests, in proportion to the Fund's strategic asset allocation
Code Security Name 1 Mnth % 3 Mnth % 6 Mnth % 1 Yr % p.a. 2 Yr % p.a. 3 Yr % p.a. 5 Yr % p.a.
VDIF Vanguard Diversified Income ETF 0.6% n/a n/a n/a n/a n/a n/a
VDHG Vanguard Diversified High Growth Index ETF 4.4% 1.3% 2.1% 13.4% 14.5% 11.2% 11.4%
VDGR Vanguard Diversified Growth Index ETF 3.4% 1.3% 2.1% 11.7% 12.0% 9.0% 8.6%
VDCO Vanguard Diversified Conservative Index ETF 1.4% 1.1% 1.9% 8.1% 7.0% 4.9% 3.4%
VDBA Vanguard Diversified Balanced Index ETF 2.4% 1.2% 2.0% 10.1% 9.5% 6.8% 5.8%
VDAL Vanguard Diversified All Growth Index ETF 0.6% n/a n/a n/a n/a n/a n/a
IGRO iShares High Growth ESG ETF 6.3% 3.3% 2.8% 14.7% 16.1% n/a n/a
IBAL iShares Balanced ESG ETF 3.7% 2.8% 3.1% 11.1% 10.8% n/a n/a
DZZF BetaShares Ethical Diversified High Growth ETF 4.4% 0.3% -0.1% 12.4% 13.8% 12.4% 9.5%
DHHF BetaShares Diversified All Growth ETF 4.7% 0.8% 2.4% 14.8% 15.9% 13.2% 12.9%
DGGF BetaShares Ethical Diversified Growth ETF 3.4% 0.5% 0.3% 10.9% 11.6% 10.0% 8.2%
DBBF BetaShares Ethical Diversified Balanced ETF 2.5% 0.7% 0.7% 9.6% 9.4% 7.6% 5.4%
Code Security Name Australian Equities International Equities Property Cash Fixed Interest Alternatives
VDIF Vanguard Diversified Income ETF -596.3% 106.4% 185.6% 6.8% 397.5% 0.0%
VDHG Vanguard Diversified High Growth Index ETF 33.5% 52.5% 3.3% 0.9% 9.9% 0.0%
VDGR Vanguard Diversified Growth Index ETF 25.5% 40.6% 2.5% 1.0% 30.4% 0.0%
VDCO Vanguard Diversified Conservative Index ETF 11.4% 17.8% 1.1% 4.7% 65.0% 0.0%
VDBA Vanguard Diversified Balanced Index ETF 18.4% 28.6% 1.8% 1.1% 50.2% 0.0%
VDAL Vanguard Diversified All Growth Index ETF 37.8% 57.6% 3.7% 0.9% 0.0% 0.0%
IGRO iShares High Growth ESG ETF 31.9% 54.9% 3.2% 0.6% 9.4% 0.0%
IBAL iShares Balanced ESG ETF 17.3% 30.0% 1.7% 0.8% 50.2% 0.0%
DZZF BetaShares Ethical Diversified High Growth ETF 45.9% 42.8% 0.0% 0.9% 10.4% 0.0%
DHHF BetaShares Diversified All Growth ETF 32.3% 67.0% 0.0% 0.7% 0.0% 0.0%
DGGF BetaShares Ethical Diversified Growth ETF 35.4% 33.0% 0.0% 0.9% 30.8% 0.0%
DBBF BetaShares Ethical Diversified Balanced ETF 25.0% 23.3% 0.0% 0.9% 50.7% 0.0%
Code Security Name Yield Expected Distribution Frequency Last Payment Date Cents Per Unit
VDIF Vanguard Diversified Income ETF 0.4% n/a 16 Apr 2025 $0.19
VDHG Vanguard Diversified High Growth Index ETF 4.1% Quarterly 16 Apr 2025 $0.93
VDGR Vanguard Diversified Growth Index ETF 3.2% Quarterly 16 Apr 2025 $0.65
VDCO Vanguard Diversified Conservative Index ETF 2.1% Quarterly 16 Apr 2025 $0.43
VDBA Vanguard Diversified Balanced Index ETF 3.0% Quarterly 16 Apr 2025 $0.61
VDAL Vanguard Diversified All Growth Index ETF 0.2% n/a 16 Apr 2025 $0.09
IGRO iShares High Growth ESG ETF 3.0% Quarterly 29 Apr 2025 $0.19
IBAL iShares Balanced ESG ETF 3.4% Quarterly 29 Apr 2025 $0.18
DZZF BetaShares Ethical Diversified High Growth ETF 3.1% Quarterly 16 Apr 2025 $0.04
DHHF BetaShares Diversified All Growth ETF 2.2% Quarterly 16 Apr 2025 $0.12
DGGF BetaShares Ethical Diversified Growth ETF 3.2% Quarterly 16 Apr 2025 $0.07
DBBF BetaShares Ethical Diversified Balanced ETF 3.5% Quarterly 16 Apr 2025 $0.10
Code Name May-25 ($m) Apr-25 ($m) Mar-25 ($m) Feb-25 ($m) Jan-25 ($m) Dec-24 ($m) Nov-24 ($m) Oct-24 ($m) Sep-24 ($m) Aug-24 ($m) Jul-24 ($m)
VDIF Vanguard Diversified Income ETF n/a $1.5 $7.2 $0 $0 $0 $0 $0 $0 $0 $0
VDHG Vanguard Diversified High Growth Index ETF n/a $47.1 $26.3 $31.8 $37.9 $45.9 $0 $43.3 $24.6 $28.2 $42.5
VDGR Vanguard Diversified Growth Index ETF n/a $14.5 -$15.9 $12.1 $18.8 $30.7 $0 $29.7 $10.6 $13.5 $19.0
VDCO Vanguard Diversified Conservative Index ETF n/a -$1.7 $1.1 $1.6 $2.5 $1.6 $0 $2.7 $2.4 $5.5 -$10.6
VDBA Vanguard Diversified Balanced Index ETF n/a $3.0 $5.7 $4.3 $9.7 $2.0 $0 $2.5 $7.0 $2.5 $5.4
VDAL Vanguard Diversified All Growth Index ETF n/a $13.4 $15.4 $0 $0 $0 $0 $0 $0 $0 $0
IGRO iShares High Growth ESG ETF n/a $1.3 $0 $1.4 $0.7 $0.7 $0 $0.0 $0.6 $0.6 $0.0
IBAL iShares Balanced ESG ETF n/a $2.3 $1.2 $1.8 $0 $0.6 $0 $1.1 $1.1 $2.8 $0.6
DZZF BetaShares Ethical Diversified High Growth ETF n/a $3.0 $0 $1.6 $0.3 $0 $0 $1.6 $1.5 $0 $3.9
DHHF BetaShares Diversified All Growth ETF n/a $38.0 $26.7 $25.9 $25.2 $25.7 $0 $18.8 $13.7 $16.7 $15.9
DGGF BetaShares Ethical Diversified Growth ETF n/a $0.1 $0 $0 $0.2 $0 $0 $0.1 $1.4 $1.3 $0.5
DBBF BetaShares Ethical Diversified Balanced ETF n/a $0.0 $0 $1.3 $0.0 $1.3 $0 $0.0 $0 $0 $0.0
Code Security Name Volatility - 20 days Volatility - 50 days Volatility - 100 days Volatility - 200 days Volatility - All
VDIF Vanguard Diversified Income ETF 4.7% 11.0% n/a n/a 10.0%
VDHG Vanguard Diversified High Growth Index ETF 7.0% 21.1% 16.1% 12.9% 12.3%
VDGR Vanguard Diversified Growth Index ETF 6.0% 16.5% 12.6% 10.2% 10.1%
VDCO Vanguard Diversified Conservative Index ETF 3.9% 8.0% 6.4% 5.6% 5.9%
VDBA Vanguard Diversified Balanced Index ETF 4.6% 11.8% 9.1% 7.5% 7.9%
VDAL Vanguard Diversified All Growth Index ETF 7.5% 22.5% n/a n/a 20.3%
IGRO iShares High Growth ESG ETF 8.8% 21.3% 17.1% 13.9% 13.8%
IBAL iShares Balanced ESG ETF 6.3% 10.5% 10.6% 8.9% 7.7%
DZZF BetaShares Ethical Diversified High Growth ETF 7.5% 24.2% 18.5% 14.7% 12.2%
DHHF BetaShares Diversified All Growth ETF 8.1% 21.3% 16.4% 13.4% 13.8%
DGGF BetaShares Ethical Diversified Growth ETF 6.6% 14.7% 12.2% 10.2% 12.5%
DBBF BetaShares Ethical Diversified Balanced ETF 7.1% 14.3% 11.6% 9.3% 9.6%