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Vanguard MSCI Australian Small Companies INDEX ETF (VSO.AX) Diversifiers

ETF · Currency in AUD · Last updated Jul 16, 2026

Vanguard MSCI Australian Small Companies Index ETF seeks to track the return of the MSCI Australian Shares Small Cap Index before fees, expenses, and tax, providing low-cost, broadly diversified exposure to small companies listed on the Australian Securities Exchange with potential for long-term capital growth.

Looking to diversify beyond VSO.AX? The ETFs below have the lowest correlation with VSO.AX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from VSO.AX.

Best Diversifiers for VSO.AX

0 ETFs have low correlation with VSO.AX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Global Value Equity Active ETF (VVLU.AX) (Global Equities) with a 1Y correlation of 0.33, down from 0.46 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
VVLU.AX
Vanguard Global Value Equity Active ETF0.330.360.46
60
Global EquitiesVSO.AX vs VVLU.AX
VHY.AX
Vanguard Australian Shares High Yield ETF0.500.630.68
58
DividendVSO.AX vs VHY.AX
VEU.AX
Vanguard All-World ex-US Shares Index ETF0.610.530.58
51
Global EquitiesVSO.AX vs VEU.AX
VGAD.AX
Vanguard MSCI Index International Shares (Hedged) ...0.680.680.73
65
Global EquitiesVSO.AX vs VGAD.AX

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Diversification Analysis

Build a portfolio that complements VSO.AX

Add VSO.AX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with VSO.AX