Key Highlights

  • VGAD (ASX:VGAD) holds 1,360 companies across developed markets outside Australia, with the currency hedged to AUD.
  • NVIDIA (5.84%), Apple (5.44%) and Microsoft (4.02%) are the largest holdings.
  • Technology makes up 33.18% of the portfolio, with financial services at 15.10%.
  • Fund size is $7.91bn, with fees of 0.22% and an annual yield of 2.81%.

Vanguard MSCI Index International Shares (Hedged) ETF (ASX:VGAD) traded at $131.22 during the trading session on 30 October 2026, down 0.67%, with 97,181 units changing hands. VGAD gives the same developed-market stock exposure as its unhedged sister fund, but with the currency hedged into Australian dollars. The fund invests through the Vanguard International Shares Index Fund together with forward currency contracts and futures. It was admitted to the ASX on 20 November 2014.

Fund Details

Fund size is $7.91bn, with 59,878,878 units on issue. The ISIN is AU00000VGAD5 and management fees and costs are 0.22% a year. The fund sits in the Equity World - Currency Hedged category and is benchmarked to the MSCI World ex Australia NR Hedged AUD index.

The day's range was $130.86 to $131.65, against a previous close of $132.11. Average daily volume is about 101,377 units.

Holdings and Geography

The largest holdings are NVIDIA at 5.84%, Apple at 5.44%, Microsoft at 4.02%, Amazon at 2.68%, Alphabet at 2.25%, Meta at 1.77%, Broadcom at 1.76%, Alphabet's second share class at 1.75%, Micron at 1.33% and Tesla at 1.12%. The top ten total 28.01% across 1,360 companies.

By country, the United States accounts for 74.12%, Japan 5.99%, the United Kingdom 3.36%, Canada 3.34%, Switzerland 2.49%, Germany 2.10% and France 1.85%.

Income Profile

The annual yield is 2.81%. The most recent final distribution was $2.935, with an ex-date of 1 July 2026, a record date of 2 July 2026 and a payment date of 16 July 2026. Hedging costs are reflected in the fund's returns rather than in its distributions.

Key Takeaways

VGAD is the hedged counterpart of VGS, with the same stock mix and the currency removed.

The US accounts for around three-quarters of the holdings, so US technology drives much of the outcome.

The hedge changes the currency return, not the stock selection.

The 2.81% yield is paid from the underlying companies' dividends.