PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

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

ETF · Currency in AUD · Last updated Jun 4, 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 FTSE Asia ex Japan Shares Index ETF (VAE.AX) (Asia Pacific Equities) with a 1Y correlation of 0.47, roughly unchanged from 0.40 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
VAE.AX
Vanguard FTSE Asia ex Japan Shares Index ETF0.470.370.40
81
Asia Pacific EquitiesVSO.AX vs VAE.AX
VHY.AX
Vanguard Australian Shares High Yield ETF0.490.650.69
64
DividendVSO.AX vs VHY.AX

Rows per page

1–2 of 2

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