VASGX vs. A200.AX

Last updated Jun 24, 2026

VASGX (Vanguard LifeStrategy Growth Fund) and A200.AX (Betashares Australia 200 ETF) are both funds - VASGX is a Diversified Portfolio fund actively managed by Vanguard, while A200.AX is a fund fund tracking the Solactive Australia 200 Index. VASGX is actively managed, while A200.AX is passively managed. Over the past 5 years, VASGX returned 8.92%/yr vs 5.12%/yr for A200.AX. At a 0.44 correlation, their price movements are largely independent. VASGX charges 0.14%/yr vs 0.04%/yr for A200.AX.

Performance

VASGX vs. A200.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard LifeStrategy Growth Fund (VASGX) and Betashares Australia 200 ETF (A200.AX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VASGX is traded in USD, while A200.AX is traded in AUD. To make them comparable, the A200.AX values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, VASGX achieves a 10.19% return, which is significantly higher than A200.AX's 5.46% return.

VASGX

• 1D: -0.16%
• 1M: 1.45%
• YTD: 10.19%
• 6M: 9.63%
• 1Y: 23.77%
• 3Y*: 17.41%
• 5Y*: 8.92%
• 10Y*: 11.05%

A200.AX

• 1D: 0.00%
• 1M: -1.45%
• YTD: 5.46%
• 6M: 4.13%
• 1Y: 14.03%
• 3Y*: 11.73%
• 5Y*: 5.12%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VASGX vs. A200.AX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
VASGX Vanguard LifeStrategy Growth Fund	10.19%	19.65%	12.95%	18.76%	-17.21%	14.35%	15.45%	23.14%	-6.92%
A200.AX Betashares Australia 200 ETF	5.46%	18.93%	-0.26%	10.89%	-7.38%	11.33%	11.03%	22.41%	-9.87%

Correlation

The correlation between VASGX and A200.AX is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (All Time) Calculated using the full available price history since May 7, 2018	0.44

Return for Risk

VASGX vs. A200.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VASGX

VASGX Risk / Return Rank: 70
VASGX Sharpe Ratio Rank: 71
VASGX Sortino Ratio Rank: 67
VASGX Omega Ratio Rank: 68
VASGX Calmar Ratio Rank: 68
VASGX Martin Ratio Rank: 74

A200.AX

A200.AX Risk / Return Rank: 15
A200.AX Sharpe Ratio Rank: 16
A200.AX Sortino Ratio Rank: 14
A200.AX Omega Ratio Rank: 14
A200.AX Calmar Ratio Rank: 16
A200.AX Martin Ratio Rank: 16

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VASGX vs. A200.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard LifeStrategy Growth Fund (VASGX) and Betashares Australia 200 ETF (A200.AX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VASGX	A200.AX	Difference
Sharpe ratio: Return per unit of total volatility	2.25	0.80	+1.45
Sortino ratio: Return per unit of downside risk	3.11	1.31	+1.81
Omega ratio: Gain probability vs. loss probability	1.42	1.15	+0.27
Calmar ratio: Return relative to maximum drawdown	3.03	1.12	+1.91
Martin ratio: Return relative to average drawdown	13.08	3.29	+9.78

VASGX vs. A200.AX - Sharpe Ratio Comparison

The current VASGX Sharpe Ratio is 2.25, which is higher than the A200.AX Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of VASGX and A200.AX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VASGX vs. A200.AX - Drawdown Comparison

The maximum VASGX drawdown since its inception was -51.16%, which is greater than A200.AX's maximum drawdown of -44.77%. Use the drawdown chart below to compare losses from any high point for VASGX and A200.AX.

Drawdown Indicators

	VASGX	A200.AX	Difference
Max Drawdown Largest peak-to-trough decline	-51.16%	-44.77%	-6.39%
Max Drawdown (1Y) Largest decline over 1 year	-8.17%	-10.71%	+2.54%
Max Drawdown (3Y) Largest decline over 3 years	-12.89%	-21.86%	+8.97%
Max Drawdown (5Y) Largest decline over 5 years	-24.43%	-25.46%	+1.03%
Max Drawdown (10Y) Largest decline over 10 years	-28.53%	—	—
Current Drawdown Current decline from peak	-0.60%	-5.95%	+5.35%
Average Drawdown Average peak-to-trough decline	-7.24%	-7.10%	-0.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.89%	3.68%	-1.79%

Volatility

VASGX vs. A200.AX - Volatility Comparison

Vanguard LifeStrategy Growth Fund (VASGX) and Betashares Australia 200 ETF (A200.AX) have volatilities of 4.37% and 4.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VASGX	A200.AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.37%	4.55%	-0.18%
Volatility (6M) Calculated over the trailing 6-month period	9.11%	12.40%	-3.29%
Volatility (1Y) Calculated over the trailing 1-year period	11.00%	15.01%	-4.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.88%	17.51%	-4.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.52%	19.56%	-6.04%

VASGX vs. A200.AX - Expense Ratio Comparison

VASGX has a 0.14% expense ratio, which is higher than A200.AX's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VASGX vs. A200.AX - Dividend Comparison

VASGX's dividend yield for the trailing twelve months is around 3.72%, more than A200.AX's 2.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
A200.AX Betashares Australia 200 ETF	2.57%	3.33%	1.57%	2.89%	5.68%	2.98%	2.54%	3.61%	1.40%	0.00%	0.00%	0.00%
VASGX Vanguard LifeStrategy Growth Fund	3.72%	4.09%	6.15%	3.00%	2.10%	3.54%	3.54%	2.34%	4.36%	2.13%	2.23%	4.54%

Frequently Asked Questions

Can I hold both VASGX and A200.AX in my portfolio?

VASGX and A200.AX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.