Vanguard Australian Corporate Fixed Interest Index 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 Australian fixed income funds would cost $131 (0.26% a year), so VACF is $26 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
Where the money is
Look-through exposure as at 31 July 2026 · 193 securities · top 10 = 30.9%
Country
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.3 | 0.7 | −1.0 | −0.0 | 1.2 | 1.1 | −0.2 | −0.1 | −0.5 | 0.6 | 2.1YTD | ||
| 2025 | 0.2 | 1.0 | 0.1 | 0.9 | 0.6 | 0.9 | 0.1 | 0.8 | −0.1 | 0.4 | −0.7 | −0.2 | 4.0 |
| 2024 | 0.3 | 0.2 | 0.7 | −0.7 | 0.7 | 0.3 | 1.7 | 0.9 | 0.7 | −0.9 | 0.7 | 0.9 | 5.4 |
| 2023 | 2.2 | −0.9 | 2.3 | 0.2 | −0.3 | −1.5 | 0.9 | 1.0 | −0.5 | −0.8 | 1.9 | 1.9 | 6.5 |
| 2022 | −0.8 | −1.2 | −3.0 | −1.7 | −0.4 | −1.3 | 2.6 | −1.5 | −1.3 | 0.7 | 1.4 | −0.6 | −7.0 |
| 2021 | 0.3 | −1.6 | −0.0 | 0.7 | 0.0 | 0.2 | 1.2 | 0.0 | −1.0 | −2.7 | 0.8 | 0.5 | −1.6 |
| 2020 | 1.7 | 0.6 | −3.8 | 0.9 | 1.9 | 0.6 | 0.8 | 0.5 | 0.4 | 0.6 | 0.7 | −0.2 | 4.6 |
| 2019 | 0.5 | 0.9 | 1.5 | 0.3 | 1.2 | 1.0 | 1.0 | 0.9 | 0.1 | −0.5 | 0.8 | −0.9 | 6.8 |
| 2018 | −0.4 | 0.6 | 0.5 | −0.3 | 0.5 | 0.4 | 0.2 | 0.6 | −0.2 | 0.5 | 0.0 | 0.9 | 3.4 |
| 2017 | 0.7 | 0.3 | 1.0 | 0.4 | 1.1 | −0.4 | 0.0 | 0.4 | −0.1 | 0.7 | 1.0 | −0.0 | 5.2 |
| 2016 | 0.8 | 0.6 | 0.3 | 0.5 | −1.0 | −0.2 | −0.5 | 0.5 |
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.
VACF questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Vanguard Australian Corporate Fixed Interest Index ETF?
Vanguard Australian Corporate Fixed Interest Index ETF holds 193 securities.
Its largest country exposure is Australia at 53.8%, based on holdings as at 31 July 2026.
Which ETFs does VACF double up with most?
VACF shares the most holdings with iShares Core Corporate Bond ETF (ICOR) (67% overlap), VanEck Australian Corporate Bond Plus ETF (PLUS) (40% overlap) and iShares Yield Plus ETF (IYLD) (36% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.
At 67%, owning both VACF and ICOR would mostly double up on the same investments rather than spread your money further. Of these, ICOR has the lowest fee, at 0.15% a year against 0.20% for VACF.
How is Vanguard Australian Corporate Fixed Interest Index ETF managed – active or passive?
Vanguard Australian Corporate Fixed Interest Index ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.
Among Australian fixed income funds, active funds charge a median 0.43% a year and index funds 0.22%.
What will I pay in fees for VACF?
VACF charges a management fee of 0.20% a year, about $20 for every $10,000 invested. That is cheaper than 83% of the 471 ASX ETFs we track, where the median fee is 0.44%. Among Australian fixed income funds, the median is 0.24%.
Lower-cost funds with a similar focus include Vanguard Australian Fixed Interest Index ETF (VAF) at 0.10%, iShares Core Composite Bond ETF (IAF) at 0.10% and iShares Government Inflation ETF (ILB) at 0.18%.
If you would rather have a manager choose the investments, active options such as Betashares Australian Hybrids Active ETF (HBRD) at 0.55% and Macquarie Subordinated Debt Active ETF (MQSD) at 0.29% cost more.
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 0.05% for VACF.
Does Vanguard Australian Corporate Fixed Interest Index ETF follow a theme?
No. Vanguard Australian Corporate Fixed Interest Index ETF is a broad fixed income fund: it aims to cover a wide slice of its market (Australia) rather than one theme or sector.
What is under the hood of VACF?
As at 31 July 2026, the largest issuers among VACF's holdings are CPPIB Capital Inc (6.8% across 9 bonds), Westpac Banking Corp (2.8% across 6 bonds), Commonwealth Bank of Australia (2.4% across 6 bonds), National Australia Bank Ltd (2.2% across 5 bonds), PSP Capital Inc (2.1% across 4 bonds), NBN Co Ltd (2.0% across 6 bonds), BNG Bank NV (1.9% across 4 bonds), CDP Financial Inc (1.2% across 2 bonds), Export-Import Bank of Korea (1.1% across 3 bonds) and Australia & New Zealand Banking Group Ltd (1.1% across 3 bonds).
It follows an index; the issuer's PDS sets out how that index chooses and weights its holdings.
How well has Vanguard Australian Corporate Fixed Interest Index ETF performed?
Based on its category, Vanguard Australian Corporate Fixed Interest Index ETF aims mainly to pay a regular income, with capital growth secondary.
To 23 Oct 2026, with distributions reinvested, it returned 0.7% over 1 year (median −0.1%; ranked 16 of 36), 5.0% a year over 3 years (median 4.5% a year; ranked 12 of 27) and 2.0% a year over 5 years (median 0.9% a year; ranked 8 of 22). The medians and rankings compare it with Australian fixed income funds. Since listing in 2016 it has returned 2.8% a year.
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 VACF; 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 0.20% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.