VAP AU
VAP ETF: A Guide to Vanguard Australian Property Securities INDEX ETF
Last updated: 2026-10-03
Overview
Vanguard Australian Property Securities INDEX ETF (VAP) gives investors exposure to listed Australian property securities. Its portfolio is concentrated in a small group of large property companies, led by Goodman Group. The supplied figures show negative returns over the year to date and one year, alongside positive returns over the three-, five- and ten-year periods—different snapshots of a sector whose performance can vary over time.
Category
VAP focuses on listed Australian property securities, with disclosed exposure spanning diversified property groups, retail property companies and office property. This is a sector-specific investment rather than a broad Australian equity portfolio.
The supplied performance figures show a difficult recent period: VAP returned -16.35% year to date and -18.08% over one year. The three-year return was 6.89%, while the five- and ten-year figures were 1.49% and 4.7%, respectively. These different periods illustrate how results can vary across market conditions; they do not predict future performance.
Key facts
- Ticker
- VAP
- Exchange
- AU
- ISIN
- AU000000VAP7
- Category / focus
- Equity Australia Real Estate
- Provider
- Vanguard Investments Australia Ltd
- Domicile
- Australia
- Currency
- AUD
- Inception date
- 2010-10-11
- Use of income
- Quarterly
- UCITS
- No
Costs
- TER
- 0.00%
- Ongoing charge
- 0.00%
- Net expense ratio
- 0.00%
- AUM
- 5.3B
The supplied profile displays the ongoing charge and net expense ratio as 0%. These are the reported figures; investors may wish to review current fund documents for details of fees and other costs.
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Performance
- YTD
- -16.4%
- 1 year
- -18.1%
- 3 years
- 6.9%
- 5 years
- 1.5%
- 10 years
- 4.7%
- Dividend yield
- 3.13%
- Top 10 concentration
- 86.8%
Holdings
-
Goodman Group37.20%
-
Scentre Group12.30%
-
Stockland6.96%
-
Vicinity Centres6.44%
-
Charter Hall Group6.00%
-
GPT Group5.91%
-
Mirvac Group4.71%
-
Dexus4.07%
-
Region Group1.69%
-
Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.
The portfolio is concentrated in Australian property securities. Goodman Group is the largest disclosed holding at 37.2%, followed by Scentre Group at 12.301%. The top 10 holdings represent 86.783% of the portfolio and include diversified property groups, retail landlords and an office-property company.
Sectors
-
Real Estate100.0%
Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.
Risks
Who it may suit
Investors researching listed Australian property securities may find VAP relevant if they want exposure to a portfolio of property companies and trusts. Its concentrated top holdings and reported recent losses are important considerations; this profile is general information, not personal investment advice.
Key risks
Property securities can be affected by changing financing conditions, property valuations, rental income and investor sentiment. VAP also has substantial exposure to its largest holding: Goodman Group represents 37.2% of the portfolio, while the top 10 holdings together account for 86.783%. The supplied one-year and year-to-date returns are negative, and future returns and distributions may differ.
FAQ
What does VAP invest in?
VAP provides exposure to Australian listed property securities. Its disclosed holdings include diversified property groups, office property and retail property companies.
How concentrated are its largest holdings?
The top 10 holdings account for 86.783% of the portfolio. Goodman Group is the largest disclosed holding at 37.2%, so the fund’s results may be particularly influenced by that company’s performance.
Does VAP pay distributions?
The supplied profile reports a 3.13% dividend yield and quarterly distributions. Yield can change, and past distributions do not establish what future payments will be.
*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.
