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 02 March 2026)

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% 35 ETF starstarstar 3.5% n/a n/a
VDHG Vanguard Diversified High Growth Index ETF Global Diversified 0.27% 3,658 ETF starstarstarstar 3.7% 9.4% 13.6%
VDGR Vanguard Diversified Growth Index ETF Global Diversified 0.27% 1,361 ETF starstarstarstar 2.9% 8.3% 11.2%
VDCO Vanguard Diversified Conservative Index ETF Global Diversified 0.27% 285 ETF starstarstarstar 2.1% 6.1% 6.6%
VDBA Vanguard Diversified Balanced Index ETF Global Diversified 0.27% 875 ETF starstarstarstar 2.6% 7.3% 8.8%
VDAL Vanguard Diversified All Growth Index ETF Global Diversified 0.27% 271 ETF starstarstarstar 2.4% n/a n/a
DGGF BetaShares Ethical Diversified Growth ETF Global Diversified 0.39% 52 ETF starstarstar 3.8% -1.1% 9.3%
DBBF BetaShares Ethical Diversified Balanced ETF Global Diversified 0.39% 37 ETF starstarstar 2.6% 0.0% 7.5%
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 ETF provides low-cost access to a range of sector funds, offering broad diversification across multiple asset classes. The High Growth ETF invests mainly in growth assets, and is designed for investors with a high tolerance for risk who are seeking long-term capital growth. The ETF targets a 10% allocation to income asset classes and a 90% allocation to growth asset classes.
VDGR Vanguard Diversified Growth Index ETF Vanguard Investments Australia Ltd 20 Nov 2017 ETF The ETF provides low-cost access to a range of sector funds, offering broad diversification across multiple asset classes. The Growth ETF is biased towards growth assets, and is designed for investors seeking long-term capital growth. The ETF targets a 30% allocation to income asset classes and a 70% allocation to growth asset classes.
VDCO Vanguard Diversified Conservative Index ETF Vanguard Investments Australia Ltd 20 Nov 2017 ETF The ETF provides low-cost access to a range of sector funds, offering broad diversification across multiple asset classes. The Conservative ETF is biased towards income assets, and is designed for investors with a low tolerance for risk. The ETF targets a 70% allocation to income asset classes and a 30% allocation to growth asset classes.
VDBA Vanguard Diversified Balanced Index ETF Vanguard Investments Australia Ltd 20 Nov 2017 ETF The ETF provides low-cost access to a range of sector funds, offering broad diversifiecation across multiple asset classes. The Balanced ETF is designed for investors seeking a balance between income and capital growth. The ETF targets a 50% allocation to income asset classes and a 50% allocation to growth asset classes.
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.
DGGF BetaShares Ethical Diversified Growth ETF BetaShares Capital Ltd 5 Dec 2019 ETF The Fund will have a long-term average target exposure of 30% in defensive assets and 70% in growth assets.
DBBF BetaShares Ethical Diversified Balanced ETF BetaShares Capital Ltd 9 Dec 2019 ETF The Fund will have a long-term average target exposure of 50% in defensive assets and 50% in growth assets.
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 0.8% 1.1% 4.2% n/a n/a n/a n/a
VDHG Vanguard Diversified High Growth Index ETF 0.4% -0.2% 4.9% 9.4% 14.2% 13.6% 10.5%
VDGR Vanguard Diversified Growth Index ETF 0.4% -0.2% 4.1% 8.3% 11.8% 11.2% 7.9%
VDCO Vanguard Diversified Conservative Index ETF 0.3% -0.1% 2.6% 6.1% 7.0% 6.6% 3.2%
VDBA Vanguard Diversified Balanced Index ETF 0.4% -0.2% 3.4% 7.3% 9.4% 8.8% 5.4%
VDAL Vanguard Diversified All Growth Index ETF 0.4% -0.2% 4.8% n/a n/a n/a n/a
DGGF BetaShares Ethical Diversified Growth ETF -2.0% -4.4% -2.5% -1.1% 6.5% 9.3% 6.1%
DBBF BetaShares Ethical Diversified Balanced ETF -1.3% -3.4% -1.7% 0.0% 5.5% 7.5% 3.9%
Code Security Name Australian Equities International Equities Property Cash Fixed Interest Alternatives
VDIF Vanguard Diversified Income ETF 29.3% 24.3% 5.7% 2.3% 38.3% 0.0%
VDHG Vanguard Diversified High Growth Index ETF 34.2% 51.7% 3.1% 1.3% 9.7% 0.0%
VDGR Vanguard Diversified Growth Index ETF 26.2% 40.6% 2.4% 2.0% 28.9% 0.0%
VDCO Vanguard Diversified Conservative Index ETF 11.3% 17.3% 1.0% 7.1% 63.3% 0.0%
VDBA Vanguard Diversified Balanced Index ETF 18.8% 29.0% 1.7% 2.7% 47.9% 0.0%
VDAL Vanguard Diversified All Growth Index ETF 36.7% 56.7% 3.3% 3.3% 0.0% 0.0%
DGGF BetaShares Ethical Diversified Growth ETF 36.3% 34.0% 0.0% 0.5% 29.3% 0.0%
DBBF BetaShares Ethical Diversified Balanced ETF 26.0% 24.4% 0.0% 0.6% 49.0% 0.0%
Code Security Name Yield Expected Distribution Frequency Last Payment Date Cents Per Unit
VDIF Vanguard Diversified Income ETF 3.5% Quarterly 19 Jan 2026 $0.44
VDHG Vanguard Diversified High Growth Index ETF 3.7% Quarterly 19 Jan 2026 $0.34
VDGR Vanguard Diversified Growth Index ETF 2.9% Quarterly 19 Jan 2026 $0.29
VDCO Vanguard Diversified Conservative Index ETF 2.1% Quarterly 19 Jan 2026 $0.23
VDBA Vanguard Diversified Balanced Index ETF 2.6% Quarterly 19 Jan 2026 $0.27
VDAL Vanguard Diversified All Growth Index ETF 2.4% Quarterly 19 Jan 2026 $0.30
DGGF BetaShares Ethical Diversified Growth ETF 3.8% Quarterly 19 Jan 2026 $0.23
DBBF BetaShares Ethical Diversified Balanced ETF 2.6% Quarterly 19 Jan 2026 $0.22
Code Name Feb-26 ($m) Jan-26 ($m) Dec-25 ($m) Nov-25 ($m) Oct-25 ($m) Sep-25 ($m) Aug-25 ($m) Jul-25 ($m) Jun-25 ($m) May-25 ($m) Apr-25 ($m)
VDIF Vanguard Diversified Income ETF n/a $1.9 $1.3 $5.0 $2.9 $3.7 $2.3 $4.1 $0.8 $2.5 $1.5
VDHG Vanguard Diversified High Growth Index ETF n/a $66.0 $53.4 $58.4 $68.5 $57.9 $50.8 $68.8 $11.9 $39.9 $47.1
VDGR Vanguard Diversified Growth Index ETF n/a $27.6 $21.5 $27.4 $29.1 $27.6 $30.6 $29.8 $10.6 $22.9 $14.5
VDCO Vanguard Diversified Conservative Index ETF n/a $5.1 $3.6 $4.2 $4.9 $3.9 $7.2 $3.7 $0.5 -$0.8 -$1.7
VDBA Vanguard Diversified Balanced Index ETF n/a $17.1 $7.9 $16.6 $17.6 $11.7 $18.8 $15.0 $3.8 $6.3 $3.0
VDAL Vanguard Diversified All Growth Index ETF n/a $35.0 $25.9 $22.3 $32.0 $29.7 $28.0 $31.5 $12.4 $12.8 $13.4
DGGF BetaShares Ethical Diversified Growth ETF n/a $0.2 $0.7 $0 $0.1 $1.5 $0 $0.5 $1.4 $0 $0.1
DBBF BetaShares Ethical Diversified Balanced ETF n/a $0.0 $0 $1.3 $0.0 $1.3 $1.3 $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 5.8% 5.5% 5.4% 5.9% 7.3%
VDHG Vanguard Diversified High Growth Index ETF 9.8% 7.9% 8.7% 8.1% 12.0%
VDGR Vanguard Diversified Growth Index ETF 7.9% 6.5% 6.9% 6.5% 9.9%
VDCO Vanguard Diversified Conservative Index ETF 2.7% 3.2% 3.5% 3.5% 5.7%
VDBA Vanguard Diversified Balanced Index ETF 4.9% 4.6% 5.0% 4.9% 7.7%
VDAL Vanguard Diversified All Growth Index ETF 11.9% 9.6% 9.9% 9.0% 13.1%
DGGF BetaShares Ethical Diversified Growth ETF 9.3% 7.9% 7.8% 8.3% 12.1%
DBBF BetaShares Ethical Diversified Balanced ETF 7.0% 6.1% 6.0% 6.1% 9.3%