VLC

Australian Shares

Vanguard MSCI Australian Large Companies Index ETF

About this ETF

Tracks the MSCI Australia Large Cap Index, giving exposure to the largest companies listed on the ASX.

IssuerVanguard

Management fee (MER)0.20% p.a.

Inception date23 May 2011

BenchmarkMSCI Australia Large Cap Index

Scout Score

49/100

Ranked #22 of 42 in Australian Shares

An independent score calculated by ETF Scout across 7 real-data factors (cost, diversification, tracking, liquidity, fund strength, performance, income), ranked against other funds in the same category.

Cost80

Diversification14

Tracking46

Liquidity40

Fund Strength52

Performance73

Income46

Strengths

Low fee — 0.20% p.a., cheaper than 80% of Australian Shares funds.
Strong long-term return — +9.8% p.a. (blended), beats 73% of rated Australian Shares peers.

Weaknesses

Concentrated holdings — top holdings make up 86.2% of the fund, more concentrated than 86% of Australian Shares peers.

Performance (as of 30 Sep 2026)

Total returns, net of fees. Periods longer than 1 year are annualised.

1 Month-2.09%

3 Months+1.05%

YTD+7.52%

1 Year+7.08%

3 Years (p.a.)+12.26%

5 Years (p.a.)+9.16%

Price history

Cumulative return over the selected period, indexed to 0% at the start of the range.

Geographic exposure (as at 30 Sep 2026)

Country (where the company is based).

Australia

99.92%

Sector breakdown (as at 30 Sep 2026)

How your portfolio's holdings are spread across GICS sectors.

Financials

46.17%

Materials

26.23%

Consumer Discretionary

7.85%

Health Care

5.82%

Energy

4.00%

Real Estate

3.57%

Communication Services

3.55%

Industrials

2.72%

Top holdings (as of 30 Sep 2026)

The fund's largest individual holdings, ranked by portfolio weight.