VanEck Core+ Diversified Balanced Active 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 multi-asset funds would cost $155 (0.31% a year), so VBAL is $90 dearer.
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 3 Sept 2026 · 1792 securities · top 10 = 13.9%
Country
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.7 | 5.5 | −3.1 | 0.6 | −0.3 | −0.8 | 4.3YTD |
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.
VBAL questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is VanEck Core+ Diversified Balanced Active ETF?
VanEck Core+ Diversified Balanced Active ETF holds 1,792 securities.
Its largest country exposure is Australia at 55.5%, based on holdings as at 3 Sept 2026.
Which ETFs does VBAL double up with most?
VBAL shares the most holdings with VanEck Core+ Diversified Growth Active ETF (VGRO) (76% overlap), VanEck Core+ Diversified High Growth Active ETF (VHGR) (55% overlap) and Vanguard Diversified Growth Index ETF (VDGR) (35% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.
At 76%, owning both VBAL and VGRO would mostly double up on the same investments rather than spread your money further.
How is VanEck Core+ Diversified Balanced Active ETF managed – active or passive?
VanEck Core+ Diversified Balanced Active ETF is actively managed. Rather than tracking an index, a fund manager at VanEck decides what to buy and sell, aiming to do better than the market after fees.
Among multi-asset funds, active funds charge a median 0.39% a year and index funds 0.27%.
What will I pay in fees for VBAL?
VBAL charges a management fee of 0.39% a year, about $39 for every $10,000 invested. That is cheaper than 55% of the 471 ASX ETFs we track, where the median fee is 0.44%. Among multi-asset funds, the median is 0.27%.
Lower-cost funds with a similar focus include Vanguard Diversified High Growth Index ETF (VDHG) at 0.27%, Betashares Diversified All Growth ETF (DHHF) at 0.19% and Vanguard Diversified Growth Index ETF (VDGR) at 0.27%.
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 0.50% for VBAL.
Does VanEck Core+ Diversified Balanced Active ETF follow a theme?
No. VanEck Core+ Diversified Balanced Active ETF is a broad multi-asset fund: it aims to cover a wide slice of its market (Multi-region) rather than one theme or sector.
What is under the hood of VBAL?
As at 3 Sept 2026, VBAL's ten largest holdings are VanEck Australian Equal Weight ETF (17.4%), VanEck Msci International Value ETF (8.8%), VanEck Msci International Quality ETF (8.3%), VanEck Australian Corp Bond Plus ETF (6.9%), VanEck Ftse Glb Infra (Aud Hedged) ETF (5.8%), VanEck Australian Rmbs ETF (5.5%), VanEck Australian Floating Rate ETF (5.5%), VanEck 10+ Year Aus Govt Bond ETF (4.9%), VanEck Msci Multifactor EM Equity ETF (4.8%) and VanEck Bentham Glb Cap Sec Active ETF (4.0%). Together they make up 72.0% of the fund. Some holdings are other ETFs, which we look through to their own holdings when measuring exposure and overlap.
As an active fund it has no index rule: the manager decides which investments to hold and how much of each, within the limits set out in the PDS.
How well has VanEck Core+ Diversified Balanced Active ETF performed?
Based on its category, VanEck Core+ Diversified Balanced Active ETF aims to grow your capital faster than its market after fees.
VBAL doesn't have a full year of price history yet, so we can't judge its performance.
As an active fund, VBAL has no index to track. The fairer test is whether it beats similar funds and its market after fees, over several years.
Past performance is not a reliable indicator of future performance.