Vanguard is one of the world's leading asset managers, with more than $6 trillion in assets under management (AUM) globally. We are a leader in single-fund solutions, with more than $1 trillion in AUM in balanced, target-date and target-risk funds combined.


All-in-one diversified portfolios

Vanguard asset allocation ETFs are designed to simplify investing while managing risk through balance and global diversification.

Each of our five asset allocation ETFs is an all-in-one portfolio that invests in a different blend of several underlying core Vanguard ETFs. Regular rebalancing aims to maintain the portfolios' respective allocations and keep risk levels in line with investors' goals and risk tolerance.

Like the rest of our product lineup, Vanguard asset allocation ETFs are low cost—with a management fee of 0.22%, helping investors potentially earn more over time.


Select a Vanguard asset allocation ETF to learn more

 % Equity   % Fixed income

Vanguard Conservative Income ETF Portfolio (VCIP)

Investment objective and strategy: Seeks to provide a combination of income and modest long-term capital growth by investing primarily in equity and fixed income securities—either directly or indirectly through investment in seven underlying low-cost Vanguard index ETFs.

  • For investors who are looking for income and modest long-term growth.
  • Management fee: 0.22%.1
  • Risk rating: Low.

Vanguard Conservative ETF Portfolio (VCNS)

Investment objective and strategy: Seeks to provide a combination of income and moderate long-term capital growth by investing primarily in equity and fixed income securities—either directly or indirectly through investment in seven underlying low-cost Vanguard index ETFs.

  • For investors who are looking for income and moderate long-term growth.
  • Management fee: 0.22%.1
  • Risk rating: Low.

Vanguard Balanced ETF Portfolio (VBAL)

Investment objective and strategy: Seeks to provide long-term capital growth with a moderate level of income by investing primarily in equity and fixed income securities—either directly or indirectly through investment in seven underlying low-cost Vanguard index ETFs.

  • For investors who are looking for long-term growth with a moderate level of income.
  • Management fee: 0.22%.1
  • Risk rating: Low to medium.

Vanguard Growth ETF Portfolio (VGRO)

Investment objective and strategy: Seeks to provide long-term capital growth by investing primarily in equity and fixed income securities—either directly or indirectly through investment in seven underlying low-cost Vanguard index ETFs.

  • For investors who are looking for long-term growth.
  • Management fee: 0.22%.1
  • Risk rating: Low to medium.

Vanguard All-Equity ETF Portfolio (VEQT)

Investment objective and strategy: Seeks to provide long-term capital growth by investing primarily in equity securities—either directly or indirectly through investment in four underlying low-cost Vanguard index ETFs.

  • For investors who are looking for long-term growth.
  • Management fee: 0.22%.1
  • Risk rating: Medium.

1 The management fee is equal to the fee paid by the Vanguard ETF to Vanguard Investments Canada Inc. and does not include applicable taxes or other fees and expenses of the Vanguard ETF. For any Vanguard ETF which invests in underlying Vanguard fund(s), there shall be no duplication of management fees chargeable in connection with the Vanguard ETF and its investment in the Vanguard fund(s).

This material is for informational purposes only. This material is not intended to be relied upon as research, investment, or tax advice and is not an implied or express recommendation, offer or solicitation to buy or sell any security or to adopt any particular investment or portfolio strategy. Any views and opinions expressed do not take into account the particular investment objectives, needs, restrictions and circumstances of a specific investor and, thus, should not be used as the basis of any specific investment recommendation.


Benefits of using Vanguard's asset allocation ETFs

  • Built-in asset allocation. Five different asset mixes are designed to meet the investment goals of a wide range of investors.
  • Broad diversification. Exposure to broad global equity and fixed income markets can help reduce investment risk.
  • Regular rebalancing. Professional managers maintain the portfolios' respective asset allocations, freeing investors from the hassle of ongoing rebalancing.
  • Low costs. The portfolios are built with Vanguard's low-cost index ETFs. Lower costs can support higher returns.