Vulcan Steel Limited (ASX: VSL) - ETF Exposure

Current share price for VSL : $5.490 0.13 (2.31%)⁺

Vulcan Steel Ltd (VSL) is an ASX-listed company and is held by a number of exchange traded funds (ETFs). It is an Australasian-wide industrial product distributor and value added processor with 66 logistics and processing facilities employing 1,350 employees across the company's Steel and Metals divisions.

VSL General Information ⁺

ASX Code	VSL
Website	http://www.vulcan.co
Industry/Sector	Steel
Market Cap ($M)	804
VSL Share Price	$5.490
Day High	$5.620
Day Low	$5.460
Last Close	$5.620
VSL Share Price Movement	$0.13 ( 2.31% )

Prices as at 16:35, 3 Nov 2026

⁺Security prices are delayed by at least 20 minutes and are indicative only.

Already own an Australian ETF? You may already have meaningful exposure to VSL

Vulcan Steel Limited (VSL) is held across 15 ETFs spanning strategies that include steel exposure . Its weighting in those funds means performance can have an outsized influence - when VSL moves, funds like SSO, ISO, AUMF, VSO and MVOL that hold it can move with it.

For more concentrated exposure, ETFs such as SSO (State Street SPDR S&P/ASX Small Ordinaries ETF) allocate about 0.2% to VSL , while the average exposure across all 15 ETFs that hold it is around 0.1% .

Top ETF holdings

State Street SPDR S&P/ASX Small Ordinaries ETF (SSO) ~ 0.2%
iShares S&P/ASX Small Ordinaries ETF Index Fund (ISO) ~ 0.2%
ishares Edge MSCI Australia Multifactor ETF (AUMF) ~ 0.1%
Vanguard MSCI Australian Small Companies Index ETF (VSO) ~ 0.1%
ishares Edge MSCI Australia Minimum Volatility ETF (MVOL) ~ 0%

Last updated: ETF data and holdings as at 1 November 2026

Own VSL directly or through an ETF?

How does holding Vulcan Steel Limited (VSL) shares directly compare to ETFs that include it?

	VSL Direct	SSO ASX	ISO ASX	AUMF ASX	VSO ASX	MVOL ASX
Holdings	1 company	219 holdings	218 holdings	138 holdings	204 holdings	101 holdings
VSL Weight	100%	0.2%	0.2%	0.1%	0.1%	0%
Diversification	Single Stock	Broad	Broad	Broad	Broad	Broad
Annual Cost	Brokerage only	0.5% p.a.	0.55% p.a.	0.3% p.a.	0.3% p.a.	0.3% p.a.
Approx. Yield	1.1%	9.91%	4.65%	2.82%	4.93%	3.02%
Star Ratings	-

Yields and costs are approximate. ETF yields reflect the fund's dividend distributions, not VSL's direct yield. Annual cost uses each ETF's MER.

VSL Exposure on $10,000 investment

How a $10,000 investment in Vulcan Steel Limited (VSL) one week ago compares with ETFs that hold it.

Security	Investment type	Current price	7-day price movement	Dollar change	Value today
Vulcan Steel Limited (VSL)	Direct share	$5.490	-2.14%	-$214	$9,786
State Street SPDR S&P/ASX Small Ordinaries ETF (SSO)	Equity - Australia Small/Mid Cap	$13.540	1.58%	+$158	$10,158
iShares S&P/ASX Small Ordinaries ETF Index Fund (ISO)	Equity - Australia Small/Mid Cap	$4.700	1.73%	+$173	$10,173
ishares Edge MSCI Australia Multifactor ETF (AUMF)	Equity - Australia Strategy	$39.060	0.85%	+$85	$10,085
Vanguard MSCI Australian Small Companies Index ETF (VSO)	Equity - Australia Small/Mid Cap	$70.850	2.15%	+$215	$10,215
ishares Edge MSCI Australia Minimum Volatility ETF (MVOL)	Equity - Australia Strategy	$36.350	0.50%	+$50	$10,050

Assumes $10,000 invested 7 days ago. Figures are based on price movement only and exclude distributions, fees and brokerage.

Vulcan Steel Limited (VSL) ETFs

15 ETFs hold Vulcan Steel Limited (VSL).

ETF	VSL Weight	MER	Yield
State Street SPDR S&P/ASX Small Ordinaries ETF (SSO)	0.2%	0.5%	9.91%
iShares S&P/ASX Small Ordinaries ETF Index Fund (ISO)	0.2%	0.55%	4.65%
ishares Edge MSCI Australia Multifactor ETF (AUMF)	0.1%	0.3%	2.82%
Vanguard MSCI Australian Small Companies Index ETF (VSO)	0.1%	0.3%	4.93%
ishares Edge MSCI Australia Minimum Volatility ETF (MVOL)	0%	0.3%	3.02%
Vanguard Ethically Conscious Australian Shares ETF (VETH)	0%	0.16%	2.84%
iShares Core MSCI Australia ESG Leaders ETF (IESG)	0%	0.09%	2.53%
Dimensional Australian Core Equity (Managed Fund) (DACE)	0%	0.28%	3.18%
Vanguard Australian Shares Index ETF (VAS)	0%	0.07%	3.14%
Global X Australia 300 ETF (A300)	0%	0.03%	3.02%

View all 15 ETFs

Vulcan Steel Limited (VSL) Upcoming Dividends & Yields

Distribution Type	Dividend	Franking	Ex-dividend date	Payment date	Current Price⁺	Price 7D Avg	Dividend Yield
HFResult	3.62¢	85%	1 Oct 2026	15 Oct 2026	-	-	-
Result	2.1¢	85%	11 Mar 2026	26 Mar 2026	-	-	-
HFResult	3.09¢	85%	8 Oct 2025	22 Oct 2025	-	-	-

See all dividends from Vulcan Steel Limited (VSL) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Vulcan Steel Limited (VSL) price-sensitive announcements

VSL - 2026 Annual meeting of shareholders presentation amended

Vulcan Steel Limited’s amended 2026 Annual Meeting of Shareholders presentation, released

Vulcan Steel Limited (VSL)
21 Oct 2026 | 8:03 AM

VSL - 2026 Annual meeting of shareholders

Vulcan Steel Limited’s 21 October 2026 announcement relates to materials for its 2026 Annu

Vulcan Steel Limited (VSL)
21 Oct 2026 | 7:53 AM

VSL - FY26 Investor presentation

The FY26 Investor Presentation for Vulcan Steel Limited (VSL) details significant growth a

Vulcan Steel Limited (VSL)
25 Aug 2026 | 7:33 AM

VSL - FY26 Full year results announcement

Vulcan Steel Limited reported a successful fiscal year 2026, achieving significant growth

Vulcan Steel Limited (VSL)
25 Aug 2026 | 7:32 AM

Vulcan Steel Limited (VSL) Recent ASX Announcements

Company	Sector	Market Cap ($m)	Headline	Release date/time⁺	Price at release⁺	Current price⁺	Gain/Loss
Vulcan Steel Limited (VSL) ORDINARY FULLY PAID	Materials	$804	ASX Appendix 3Y - Change of Director's Interest Notice - AC	2 Nov 2026 11:54AM	$5.430	$5.490	risen by 1.10%
Vulcan Steel Limited (VSL) ORDINARY FULLY PAID	Materials	$804	ASX Appendix 3Y - Change of Director's Interest Notice - GS	2 Nov 2026 11:53AM	$5.430	$5.490	risen by 1.10%
Vulcan Steel Limited (VSL) ORDINARY FULLY PAID	Materials	$804	Notification regarding unquoted securities - VSL	2 Nov 2026 11:42AM	$5.460	$5.490	risen by 0.55%
Vulcan Steel Limited (VSL) ORDINARY FULLY PAID	Materials	$804	Results of 2026 Annual Meeting of Shareholders	21 Oct 2026 11:24AM	$5.640	$5.490	fallen by 2.66%
Vulcan Steel Limited (VSL) ORDINARY FULLY PAID	Materials	$804	2026 Annual meeting of shareholders presentation amended	21 Oct 2026 8:03AM	$5.090	$5.490	risen by 7.86%
Vulcan Steel Limited (VSL) ORDINARY FULLY PAID	Materials	$804	2026 Annual meeting of shareholders	21 Oct 2026 7:53AM	$5.090	$5.490	risen by 7.86%

VSL Financial Summary

Year to Jun	NPAT	EPS	EPS chg (%)	PER	DPS	Yield (%)	Franking (%)
2028F	C2	$35.60	62.80%	15.80	22.30	4.00%	0.0%
2027F	C2	$21.90	76.10%	25.70	11.20	2.00%	0.0%
2026A	$18.77	$12.40	-5.50%	51.80	5.80	0.90%	100.0%

VSL Peer Comparison

Company	Mkt Cap	EPS Growth (%)			P/E (%)			Dividend Yield (%)
Company	Mkt Cap	2026 A	2027 F	2028 F	2026 A	2027 F	2028 F	2026 A	2027 F	2028 F
BlueScope Steel Limited (BSL)	$14,584M	0.9576	0.8875	-0.0948	18.1298	9.6050	10.6107	9.01%	3.91%	3.91%
Fortescue Ltd (FMG)	$43,937M	0.0208	-0.3858	0.0015	8.3470	13.5905	13.5698	7.57%	4.75%	4.74%
Sims Limited (SGM)	$4,019M	1.3724	0.2024	0.1647	13.3771	11.1254	9.5518	1.63%	2.86%	3.34%
Stanmore Resources Limited (SMR)	$2,299M	-1.1775	0.0000	0.0000	0.0000	0.0000	0.0000	5.22%	0.00%	0.00%
Vulcan Steel Limited (VSL)	$813M	-0.0548	0.7623	0.6269	44.7220	25.3772	15.5987	1.04%	2.02%	4.03%

VSL Market Comparison

	Earnings	P/E Ratio	P/B Ratio	P/E Growth
Company	3.00	35.90	3.35	0.52
Market	0.30	13.20	1.02	0.75
Sector	1.52	12.00	1.33	0.41

VSL Directors

Name	Position	Start Date
Mr Gavin William Street	Chief Executive Officer, Managing Director	5 Jan 2026
Mr Adrian John Casey	Chief Operating Officer, Executive Director	13 Sep 2022
Mr Russell Langtry Chenu	Lead independent director	18 Jun 2021
Mr Rhys Jones	Non-Executive Chairman, Non-Executive Director	5 Sep 2006
Ms Carolyn Steele	Non-Executive Director	16 Aug 2021
Ms Nicola Jean Greer	Non-Executive Director	5 Sep 2023
Mr Barthold Willem Floris Bierens de Haan	Non-Executive Director	21 Sep 2015

Vulcan Steel Limited (VSL) Changes in Directors' Interest & Trades

Date of change	Director	Buy/Sell	Security Type	Qty	Trade Price	Value
15 Sep 2026	CHENU, Russell	Buy	Indirect Shares	2,500	$4.950	$12,375.000
11 Sep 2026	CHENU, Russell	Buy	Indirect Shares	7,487	$5.017	$37,559.350
10 Sep 2026	CHENU, Russell	Buy	Indirect Shares	13	$5.050	$65.650

See all changes in directors' interest & trades for Vulcan Steel Limited (VSL) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

VSL Management

Name	Position
Kar Yue Yeo	CFO
Sarah-Jane Lawson	Company Secretary

VSL Substantial Shareholders

Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in Vulcan Steel Limited (VSL). However, you won't necessarily see their names in the company’s annual report, as many trade under nominee names. These shareholders are obliged to provide ongoing substantial notices relating to any change of 1% or more.

Holding	Name
18,416,039 (14.01%)	Takutai Limited
7,923,216 (6.03%)	Forsyth Barr Group Limited

VSL Calendar of Events

Date	Event
24 August 2027	Report (Annual)
24 August 2027	Report (Prelim)
23 February 2027	Report (Interim)

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