Vanguard S&P 500 US Shares Index (Hedged) ETF
Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among United States equity funds would cost $191 (0.38% a year), so V5AH is $140 cheaper.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
No full calendar year yet.
Where the money is
Look-through exposure as at 31 July 2026 · 513 securities · top 10 = 37.6%
Country
Sector
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 11.2 | 6.3 | −1.6 | 0.6 | 3.0 | −0.1 | −0.3 | 20.0YTD |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Top holdings
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
V5AH questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Vanguard S&P 500 US Shares Index (Hedged) ETF?
Vanguard S&P 500 US Shares Index (Hedged) ETF holds 513 securities, and its ten largest positions make up 37.6% of the fund, close to the 37.6% typical of United States equity funds. That makes it moderately diversified.
Its country exposure is almost entirely United States (100.0%), and its biggest sector is Information Technology at 36.1%, based on holdings as at 31 July 2026.
Which ETFs does V5AH double up with most?
V5AH shares the most holdings with iShares S&P 500 AUD Hedged ETF (IHVV) (95% overlap), Betashares Geared US Equities Currency Hedged Complex ETF (GGUS) (95% overlap) and Vanguard S&P 500 US Shares Index ETF (V500) (95% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.
At 95%, owning both V5AH and IHVV would mostly double up on the same investments rather than spread your money further. Of these, V500 has the lowest fee, at 0.07% a year against 0.09% for V5AH.
How is Vanguard S&P 500 US Shares Index (Hedged) ETF managed – active or passive?
Vanguard S&P 500 US Shares Index (Hedged) ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.
Among United States equity funds, active funds charge a median 0.43% a year and index funds 0.32%.
What will I pay in fees for V5AH?
V5AH charges a management fee of 0.09% a year, about $9 for every $10,000 invested. That is cheaper than 95% of the 471 ASX ETFs we track, where the median fee is 0.44%. Among United States equity funds, the median is 0.35%.
Lower-cost funds with a similar focus include iShares S&P 500 ETF (IVV) at 0.04%, Vanguard US Total Market Shares Index ETF (VTS) at 0.03% and Vanguard All-World ex US Shares Index ETF (VEU) at 0.04%.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.06% for V5AH.
Does Vanguard S&P 500 US Shares Index (Hedged) ETF follow a theme?
No. Vanguard S&P 500 US Shares Index (Hedged) ETF is a broad equity fund: it aims to cover a wide slice of its market (United States) rather than one theme or sector. Its largest sector, Information Technology, is 36.1% of the fund.
What is under the hood of V5AH?
As at 31 July 2026, the largest issuers among V5AH's holdings are NVIDIA Corp (7.3%), Apple Inc (6.8%), Alphabet Inc (5.6% across 2 bonds), Microsoft Corp (5.1%), Amazon.com Inc (4.0%), Broadcom Inc (2.7%), Meta Platforms Inc (1.8%), JPMorgan Chase & Co (1.4%), Berkshire Hathaway Inc (1.4%) and Micron Technology Inc (1.4%).
It follows an index. Most broad share indices weight companies by market size, so the largest companies take the biggest share; the exact rules for V5AH's index are in the issuer's PDS. Its top 10 weighting of 37.6% compares with 37.6% for similar funds.
How well has Vanguard S&P 500 US Shares Index (Hedged) ETF performed?
Based on its category, Vanguard S&P 500 US Shares Index (Hedged) ETF aims to grow your capital in line with the index it tracks.
V5AH doesn't have a full year of price history yet, so we can't judge its performance.
Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for V5AH; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 0.09% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.