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VDBA.AX vs. VMIN.AX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VDBA.AX vs. VMIN.AX

Last updated Jul 18, 2026
Documentation

VDBA.AX (Vanguard Diversified Balanced Index ETF) and VMIN.AX (Vanguard Global Minimum Volatility Active ETF) are both exchange-traded funds - VDBA.AX is a Diversified Portfolio fund tracking the Balanced Composite Index, while VMIN.AX is a Global Equities fund actively managed by Vanguard. VDBA.AX is passively managed, while VMIN.AX is actively managed. Over the past 5 years, VDBA.AX returned 4.03%/yr vs 6.35%/yr for VMIN.AX. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

VDBA.AX vs. VMIN.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Vanguard Diversified Balanced Index ETF (VDBA.AX) and Vanguard Global Minimum Volatility Active ETF (VMIN.AX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, VDBA.AX achieves a 2.22% return, which is significantly lower than VMIN.AX's 7.84% return.

VDBA.AX

1D
-0.58%
1M
-0.77%
6M
1.62%
YTD
2.22%
1Y
6.70%
3Y*
8.26%
5Y*
4.03%
10Y*
—

VMIN.AX

1D
0.21%
1M
0.74%
6M
7.57%
YTD
7.84%
1Y
12.02%
3Y*
11.87%
5Y*
6.35%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

VDBA.AX vs. VMIN.AX - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
VDBA.AX
Vanguard Diversified Balanced Index ETF		2.22%8.27%9.98%10.30%-11.15%6.77%5.21%16.12%0.11%
VMIN.AX
Vanguard Global Minimum Volatility Active ETF		7.84%12.03%11.45%5.06%-6.66%11.54%-3.76%18.59%0.31%

Correlation

The correlation between VDBA.AX and VMIN.AX is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.51

Correlation (3Y)
Calculated over the trailing 3-year period

0.51

Correlation (5Y)
Calculated over the trailing 5-year period

0.56

Correlation (All Time)
Calculated using the full available price history since Apr 17, 2018

0.52

The correlation between VDBA.AX and VMIN.AX has been stable across timeframes, ranging from 0.51 to 0.56 - a consistent structural relationship.

Compare stocks, funds, or ETFs

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Vanguard Diversified Balanced Index ETF

Vanguard Global Minimum Volatility Active ETF

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Often compared with VMIN.AX:
VMIN.AX vs. GLIN.AXVMIN.AX vs. IFRA.AXVMIN.AX vs. ILB.AXVMIN.AX vs. VDCO.AXVMIN.AX vs. WVOL.AXVMIN.AX vs. HJPN.AXVMIN.AX vs. VACF.AX

Return for Risk

VDBA.AX vs. VMIN.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VDBA.AX
VDBA.AX Risk / Return Rank: 3535
Overall Rank
VDBA.AX Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
VDBA.AX Sortino Ratio Rank: 3636
Sortino Ratio Rank
VDBA.AX Omega Ratio Rank: 3636
Omega Ratio Rank
VDBA.AX Calmar Ratio Rank: 3131
Calmar Ratio Rank
VDBA.AX Martin Ratio Rank: 3838
Martin Ratio Rank
VMIN.AX
VMIN.AX Risk / Return Rank: 5454
Overall Rank
VMIN.AX Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
VMIN.AX Sortino Ratio Rank: 4848
Sortino Ratio Rank
VMIN.AX Omega Ratio Rank: 5757
Omega Ratio Rank
VMIN.AX Calmar Ratio Rank: 5353
Calmar Ratio Rank
VMIN.AX Martin Ratio Rank: 6666
Martin Ratio Rank
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.

VDBA.AX vs. VMIN.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Diversified Balanced Index ETF (VDBA.AX) and Vanguard Global Minimum Volatility Active ETF (VMIN.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.

VDBA.AXVMIN.AXDifference
Sharpe ratioReturn per unit of total volatility
0.99
1.19

-0.20

Sortino ratioReturn per unit of downside risk
1.52
1.85

-0.33

Omega ratioGain probability vs. loss probability

1.19

1.27

-0.08

Calmar ratioReturn relative to maximum drawdown

1.25

2.01

-0.76

Martin ratioReturn relative to average drawdown

4.53

8.65

-4.12

VDBA.AX vs. VMIN.AX - Sharpe Ratio Comparison

The current VDBA.AX Sharpe Ratio is 0.99, which is comparable to the VMIN.AX Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of VDBA.AX and VMIN.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.

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Drawdowns

VDBA.AX vs. VMIN.AX - Drawdown Comparison

The maximum VDBA.AX drawdown since its inception was -18.31%, smaller than the maximum VMIN.AX drawdown of -31.28%. Use the drawdown chart below to compare losses from any high point for VDBA.AX and VMIN.AX.

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Drawdown Indicators

VDBA.AXVMIN.AXDifference

Max Drawdown

Largest peak-to-trough decline

-18.31%

-31.28%

+12.97%

Max Drawdown (1Y)

Largest decline over 1 year

-5.20%

-5.81%

+0.61%

Max Drawdown (3Y)

Largest decline over 3 years

-7.04%

-9.72%

+2.68%

Max Drawdown (5Y)

Largest decline over 5 years

-15.06%

-15.31%

+0.25%

Current Drawdown

Current decline from peak

-0.91%

-0.55%

-0.36%

Average Drawdown

Average peak-to-trough decline

-3.17%

-3.70%

+0.53%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.46%

1.37%

+0.09%

Volatility

VDBA.AX vs. VMIN.AX - Volatility Comparison

The current volatility for Vanguard Diversified Balanced Index ETF (VDBA.AX) is 1.29%, while Vanguard Global Minimum Volatility Active ETF (VMIN.AX) has a volatility of 2.29%. This indicates that VDBA.AX experiences smaller price fluctuations and is considered to be less risky than VMIN.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

VDBA.AXVMIN.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.29%

2.29%

-1.00%

Volatility (6M)

Calculated over the trailing 6-month period

5.71%

8.75%

-3.04%

Volatility (1Y)

Calculated over the trailing 1-year period

6.61%

9.82%

-3.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.07%

10.67%

-3.60%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.80%

12.42%

-4.62%

Dividends

VDBA.AX vs. VMIN.AX - Dividend Comparison

VDBA.AX's dividend yield for the trailing twelve months is around 4.72%, less than VMIN.AX's 11.18% yield.

PositionTTM20252024202320222021202020192018
VDBA.AX
Vanguard Diversified Balanced Index ETF		4.72%2.21%1.32%1.28%2.83%7.07%4.71%1.72%0.96%
VMIN.AX
Vanguard Global Minimum Volatility Active ETF		11.18%6.54%0.88%0.00%0.00%10.76%4.00%0.00%0.00%

Frequently Asked Questions

VDBA.AX and VMIN.AX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

VDBA.AX is categorized as Diversified Portfolio, while VMIN.AX is Global Equities.

Portfolio Optimizer

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