Vanguard Australian Government Bond Index ETF (VGB.AX) belongs to the Government Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with VGB.AX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Best Risk-Adjusted Alternatives to VGB.AX
VGB.AX has a PortfoliosLab risk / return rank of 11. There are 4 ETFs in the Government Bonds category with higher risk-adjusted ranks, going as high as 14.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR ETFs Australia - State Street SPDR S&P/ASX iB... | 14 | — | Jul 2012 | VGB.AX vs GOVT.AX | |
| Russell Investments Australian Semi-Government Bon... | 14 | — | Mar 2012 | VGB.AX vs RSM.AX | |
| iShares Treasury ETF | 13 | — | Mar 2012 | VGB.AX vs IGB.AX | |
| BetaShares Australian Government Bond ETF | 11 | — | Jul 2019 | VGB.AX vs AGVT.AX | |
| Russell Investments Australian Government Bond ETF | 10 | — | Mar 2012 | VGB.AX vs RGB.AX |
Top Performing VGB.AX Alternatives (YTD)
VGB.AX is at 0.93% YTD. There are 5 ETFs in the Government Bonds category with higher YTD returns, going as high as 1.56%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Russell Investments Australian Government Bond ETF | 1.56% | — | Mar 2012 | VGB.AX vs RGB.AX | |
| iShares Treasury ETF | 1.50% | — | Mar 2012 | VGB.AX vs IGB.AX | |
| BetaShares Australian Government Bond ETF | 1.45% | — | Jul 2019 | VGB.AX vs AGVT.AX | |
| Russell Investments Australian Semi-Government Bon... | 1.44% | — | Mar 2012 | VGB.AX vs RSM.AX | |
| SPDR ETFs Australia - State Street SPDR S&P/ASX iB... | 1.20% | — | Jul 2012 | VGB.AX vs GOVT.AX |
Lowest Volatility Alternatives to VGB.AX
VGB.AX has 3.93% 1-year volatility. No ETFs in the Government Bonds category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 4.01%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR ETFs Australia - State Street SPDR S&P/ASX iB... | 4.01% | — | Jul 2012 | VGB.AX vs GOVT.AX | |
| iShares Treasury ETF | 4.01% | — | Mar 2012 | VGB.AX vs IGB.AX | |
| Russell Investments Australian Semi-Government Bon... | 4.05% | — | Mar 2012 | VGB.AX vs RSM.AX | |
| BetaShares Australian Government Bond ETF | 4.95% | — | Jul 2019 | VGB.AX vs AGVT.AX | |
| Russell Investments Australian Government Bond ETF | 5.73% | — | Mar 2012 | VGB.AX vs RGB.AX |
Lowest Drawdown Alternatives to VGB.AX
VGB.AX has a 1-year max drawdown of -4.83%. There are 3 ETFs in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -3.87%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Treasury ETF | -3.87% | — | Mar 2012 | VGB.AX vs IGB.AX | |
| SPDR ETFs Australia - State Street SPDR S&P/ASX iB... | -3.96% | — | Jul 2012 | VGB.AX vs GOVT.AX | |
| Russell Investments Australian Semi-Government Bon... | -3.96% | — | Mar 2012 | VGB.AX vs RSM.AX | |
| Russell Investments Australian Government Bond ETF | -5.77% | — | Mar 2012 | VGB.AX vs RGB.AX | |
| BetaShares Australian Government Bond ETF | -6.03% | — | Jul 2019 | VGB.AX vs AGVT.AX |
Other ETFs from Vanguard
The 10 most viewed Vanguard ETFs shown here include VDHG.AX, VHY.AX, VAS.AX and span 8 categories.
Compare VGB.AX with Any Fund or Stock
Compare VGB.AX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair VGB.AX with funds that move differently
Vanguard Australian Government Bond Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VGB.AX.
Explore VGB.AX Diversifiers