VDHG.AX vs. VASGX

Last updated Jun 25, 2026

VDHG.AX (Vanguard Diversified High Growth INDEX ETF) and VASGX (Vanguard LifeStrategy Growth Fund) are both funds - VDHG.AX is a Large Cap Growth Equities fund actively managed by Vanguard, while VASGX is a Diversified Portfolio fund actively managed by Vanguard. Both are actively managed. Over the past 5 years, VDHG.AX returned 8.51%/yr vs 10.44%/yr for VASGX. At a 0.12 correlation, their price movements are largely independent. VDHG.AX charges 0.27%/yr vs 0.14%/yr for VASGX.

Performance

VDHG.AX vs. VASGX - Performance Comparison

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

Different Trading Currencies

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

Returns By Period

In the year-to-date period, VDHG.AX achieves a 4.19% return, which is significantly lower than VASGX's 4.56% return.

VDHG.AX

• 1D: 0.04%
• 1M: 1.58%
• YTD: 4.19%
• 6M: 4.41%
• 1Y: 12.88%
• 3Y*: 13.87%
• 5Y*: 8.51%
• 10Y*: —

VASGX

• 1D: -0.42%
• 1M: 2.82%
• YTD: 4.56%
• 6M: 4.32%
• 1Y: 12.98%
• 3Y*: 15.40%
• 5Y*: 10.44%
• 10Y*: 11.72%

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

VDHG.AX vs. VASGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VDHG.AX Vanguard Diversified High Growth INDEX ETF	4.19%	12.88%	16.45%	14.96%	-9.95%	16.40%	7.66%	23.67%	-2.77%	1.42%
VASGX Vanguard LifeStrategy Growth Fund	4.56%	10.96%	24.31%	18.85%	-11.74%	21.06%	5.31%	23.71%	3.09%	-0.27%

Correlation

The correlation between VDHG.AX and VASGX is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (All Time) Calculated using the full available price history since Nov 20, 2017	0.12

Return for Risk

VDHG.AX vs. VASGX — Risk / Return Rank

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

VDHG.AX

VDHG.AX Risk / Return Rank: 39
VDHG.AX Sharpe Ratio Rank: 40
VDHG.AX Sortino Ratio Rank: 38
VDHG.AX Omega Ratio Rank: 40
VDHG.AX Calmar Ratio Rank: 36
VDHG.AX Martin Ratio Rank: 42

VASGX

VASGX Risk / Return Rank: 54
VASGX Sharpe Ratio Rank: 53
VASGX Sortino Ratio Rank: 49
VASGX Omega Ratio Rank: 52
VASGX Calmar Ratio Rank: 53
VASGX Martin Ratio Rank: 62

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.

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

This table presents a comparison of risk-adjusted performance metrics for Vanguard Diversified High Growth INDEX ETF (VDHG.AX) and Vanguard LifeStrategy Growth Fund (VASGX). 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.

	VDHG.AX	VASGX	Difference
Sharpe ratio: Return per unit of total volatility	1.28	1.67	-0.39
Sortino ratio: Return per unit of downside risk	1.82	2.41	-0.60
Omega ratio: Gain probability vs. loss probability	1.24	1.31	-0.07
Calmar ratio: Return relative to maximum drawdown	1.68	1.48	+0.20
Martin ratio: Return relative to average drawdown	6.07	4.67	+1.40

VDHG.AX vs. VASGX - Sharpe Ratio Comparison

The current VDHG.AX Sharpe Ratio is 1.28, which is comparable to the VASGX Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of VDHG.AX and VASGX, 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

VDHG.AX vs. VASGX - Drawdown Comparison

The maximum VDHG.AX drawdown since its inception was -28.34%, smaller than the maximum VASGX drawdown of -33.25%. Use the drawdown chart below to compare losses from any high point for VDHG.AX and VASGX.

Drawdown Indicators

	VDHG.AX	VASGX	Difference
Max Drawdown Largest peak-to-trough decline	-28.34%	-33.25%	+4.91%
Max Drawdown (1Y) Largest decline over 1 year	-7.32%	-9.27%	+1.95%
Max Drawdown (3Y) Largest decline over 3 years	-12.49%	-10.46%	-2.03%
Max Drawdown (5Y) Largest decline over 5 years	-17.16%	-18.42%	+1.26%
Max Drawdown (10Y) Largest decline over 10 years	—	-18.63%	—
Current Drawdown Current decline from peak	-0.80%	-0.42%	-0.38%
Average Drawdown Average peak-to-trough decline	-3.68%	-8.46%	+4.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.05%	2.94%	-0.89%

Volatility

VDHG.AX vs. VASGX - Volatility Comparison

Vanguard Diversified High Growth INDEX ETF (VDHG.AX) and Vanguard LifeStrategy Growth Fund (VASGX) have volatilities of 2.84% and 2.76%, 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

	VDHG.AX	VASGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.84%	2.76%	+0.08%
Volatility (6M) Calculated over the trailing 6-month period	7.85%	6.72%	+1.13%
Volatility (1Y) Calculated over the trailing 1-year period	9.59%	8.25%	+1.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.75%	10.33%	+0.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.78%	11.64%	+0.14%

VDHG.AX vs. VASGX - Expense Ratio Comparison

VDHG.AX has a 0.27% expense ratio, which is higher than VASGX's 0.14% 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

VDHG.AX vs. VASGX - Dividend Comparison

VDHG.AX's dividend yield for the trailing twelve months is around 2.78%, less than VASGX's 3.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VASGX Vanguard LifeStrategy Growth Fund	3.78%	4.09%	6.15%	3.00%	2.10%	3.54%	3.54%	2.34%	4.36%	2.13%	2.23%	4.54%
VDHG.AX Vanguard Diversified High Growth INDEX ETF	2.78%	3.94%	2.07%	2.27%	4.42%	8.02%	5.03%	3.87%	1.88%	0.00%	0.00%	0.00%

Frequently Asked Questions

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

VDHG.AX and VASGX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.