VDHG and the S&P ASX200. How can they correlate so closely when VDHG is globally diversified (developed emerging, LC MC SC, hedged, equities fixed interest) while only having 36% VAS (S&P ASX300) in it? : r fiaustralia Spotlight: Vanguard Australian Property Securities Index ETF (ASX: VAP) InvestSMART Is Vanguard's Australian Property ETF a value trap? Diary FIRE v London Evening Wrap: ASX 200 hits fresh highs as TLS jumps 3.6% on dividend and buyback, ZIP crashes 34% on result, WDS +4.4%