NEWS BITES - ETF
Vanguard Australian Shares Index (ASX:VAS), the largest Exchange Traded Fund by market cap in Australia, has increased 77.0c (or 0.9%) from its last trading session of February 24 to close at $A87.66. Compared with the Morgan Stanley Capital International Australia Index [MSCI AUSTRALIA] which rose 69.8 points (1.0%) in the day, the relative price change was -0.1%.
Its MCap is $A7.5 billion.
The volume was 0.7 times the average daily trading of 275,636 units.
| VAS | Today | 1 Day ago | Week ago | Month ago |
| Price, AUD | 87.66 | 87.58 | 88.05 | 87.1 |
| MSCI AUSTRALIA | 6,972.83 | 6,903.06 | 7,005.22 | 6,923.73 |
THE PAST WEEK [Price down 0.1% to $A86.89]
In the past week the ETF fell on 3 days, rose on 1 day and was untraded on 1 day.
| DAY | Headline | Close price [AUD] | Price Change % | Comment |
| Feb 24 | (VAS:$A86.89) falls in 4 out of last 5 days | 86.89 | -0.79 | |
| Feb 23 | (VAS:$A87.58) increases 1.0% on average volume | 87.58 | 0.98 | Top Rise |
| Feb 22 | (VAS:$A86.73) falls for a fourth consecutive day, a four-day fall of 1.9% | 86.73 | -0.3 | |
| Feb 19 | (VAS:$A86.99) drops 1.2% on high volatility | 86.99 | -1.2 | Steepest Fall |
SECTION 1
VANGUARD AUSTRALIAN SHARES INDEX BULLISH SIGNALS
1.1 Technicals:
+ The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 87.32 minus the 26-day EMA of 86.87 is positive 0.46 suggesting a bullish signal. Both EMA prices are rising, another bullish signal.
+ The present value of AUD1,000 (PV1000) invested five years ago in Vanguard Australian Shares Index is $A1,934, including a capital gain of $A645 and dividend reinvested of $A289.
+ 5 years Multiplier in AUD = 1.934x
+ Compound Annual Growth Rate (CAGR) in AUD = 14.1%
Present Value of USD1,000 invested 5 years ago:
+ The present value of USD1,000 (PV1000) invested five years ago in Vanguard Australian Shares Index is $1,737, including a capital gain of $477 and dividend reinvested of $260.
+ 5 years ago AUD 1 equalled USD 0.8876
+ 5 years Multiplier in USD = 1.737x
+ Compound Annual Growth Rate (CAGR) in USD = 11.7%
1.2 High Performance Indicator:
| Description | Value | Rank In Market |
| Today's Turnover | $A17.4 million | In Top Quartile |
SECTION 2
VANGUARD AUSTRALIAN SHARES INDEX BEARISH SIGNALS
Technicals:
+ The price decreased 0.4% in the last week.
+ The 0.9% discount to 12-month high of $A88.44 against the 59.0% premium to 12-month low of $A55.12 suggests the climb might be peaking.
SECTION 3
PRICE VOLUME DYNAMICS
3.1 Technicals:
+ Volume: there were 198,604 units worth $A17.4 million traded today. In the past week, volume was 0.9 times average and the units were down 0.4%.
+ The present value of AUD1,000 (PV1000) invested one year ago in Vanguard Australian Shares Index is $A1,048, comprising a capital gain of $A26 and dividend reinvested of $A21. A comparison with Morgan Stanley Capital International World Index [MSCI World] and Morgan Stanley Capital International Australia Index [MSCI AUSTRALIA] is shown below:
| PV$1000 | 1-week | 1-month | 1-year |
| VAS.AU | 996 | 1,006 | 1,048 |
| MSCI World | 996 | 1,024 | 1,237 |
| MSCI AUSTRALIA | 995 | 1,009 | 1,004 |
3.2 The Best 3 weeks in the past quarter [Relative Price Change or RPC]
| Mon-Fri | Change % | MSCI AUSTRALIA Change % | RPC % | Vol Ind [1 is avg] |
| Feb 01-05 | 3.5 | 3.6 | 0 | 0.7 |
| Jan 18-22 | 1.2 | 1.7 | -0.4 | 0.6 |
| Nov 23-27 | 1 | 1 | 0 | 1.1 |
3.3 Trailing 3 months
| Turnover | $796.7 million |
| Volume | 11,635,565 |
| Volume Index (1 is avg) | 0.6 |
3.4 Trailing Price Change %
3-Year price change for VAS was 27.3%. Compared with the Morgan Stanley Capital International World Index [MSCI World] which rose 31% in the 3 years, the relative price change was -3.8%.
| Price Change % | Quarter | Year | 3 Years |
| VAS | 2.6 | 2.6 | 27.3 |
| MSCI World | 7.8 | 20.5 | 31 |
3.5 MCap: 5-Year Increase of $A5 billion
In the past 5 years Market Capitalization has increased by $A5.3 billion (247%) from $A2.2 billion to $A7.5 billion. Based on a dynamic start date of 5 years ago, there has been no decline in MCap over the last 5 years.
| Close Price | MCap (AUD M) | MCap ($ M) | |
| Last | $A86.89 | 7,471.4 | 5,908.2 |
| 1 Year ago | $A86.81 | 4,778.4 | 3,154.4 |
| 2 Years ago | $A73.57 | 3,398.7 | 2,411.8 |
| 3 Years ago | $A68.89 | 2,620.3 | 2,052.4 |
| 4 Years ago | $A64.0 | 2,505.7 | 1,929.6 |
| 5 Years ago | $A54.35 | 2,155.7 | 1,559.7 |
3.6 Moving Annual Return of 4.3% in the past year:
Moving Annual Return was 4.3% in the past year. Based on a dynamic start date of 5 years ago, the real rate of return has averaged 13.9%. The Moving Annual Return has consistently exceeded 4%.
| VAS | Close (AUD) | Dividends (AUD) | Capital Gain % | % Yield | Annual Return % |
| Feb 25 | 87.66 | 1.45 | 2.6 | 1.7 | 4.3 |
| 1 Yr ago | 85.41 | 3.53 | 16.1 | 4.8 | 20.9 |
| 2 Yrs ago | 73.57 | 3.52 | 6.8 | 5.1 | 11.9 |
| 3 Yrs ago | 68.89 | 2.14 | 8.5 | 3.4 | 11.8 |
| 4 Yrs ago | 63.51 | 0.85 | 19.2 | 1.6 | 20.8 |
Close 5 years ago $A53.30
3.7 Year-on-Year Comparison (Trailing year - ended 29 Jan)
In the past 5 years, VAS has jumped 54.5% from 54.6 to 84.36, an average annual compound rise of 9.1%.
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| Close | 84.36 | 87.17 | 69.68 | 69.47 | 62.89 | 54.6 |
| % Price Change | 9.1 | 13.2 | -5.5 | -0.3 | 13 | |
| Avg Daily Volume | 60,574 | 46,942 | 59,877 | 38,328 | 26,389 | 20,492 |
| VWP | 74.99 | 70.17 | 64.86 | 70.15 | 66.29 | 62.36 |
| Turnover Period | 2 yrs 4 mo | 3 yrs 21 d | 2 yrs 3 mo | 3 yrs 6 mo | 5 yrs 4 mo | 14 yrs 8 mo |
| Price Range | 55.12 - 89.42 | 69.42 - 88.56 | 64.05 - 74.79 | 61.44 - 70.25 | 51.29 - 64.17 | 51.88 - 63.12 |
In the past 5 years average daily volume has jumped 195.6% from 20,492 units to 60,574 units. Turnover period has decreased from 14 years 8 months to 2 years 4 months.
3.8 Beta:
+ Beta: the Beta is 0.9. A Beta lower than 1 suggests this is a low risk, low return ETF with volatility less than that of the market.
SECTION 4
RANKING
4.1 Global Rank out of 5,039 ETFs
The present value of $US1,000 invested a year ago is $US1,263, ranking it 1295 out of 5,039 ETFs. Its 6-month relative strength (or price percentile rank) in USD is 77.
| Description | Value | Rank | Quartile |
| Net Assets (US$) | 2.2B | 369 | Top |
| Price/NAV | 1.0 | 1244 | Top |
| Rel Strength 6 Mo (US$) | 77 | 1157 | Top |
| PV$1000 (1Year) US$* | 1,263 | 1295 | Second |
* 1 year ago AUD 1 equalled USD 0.6614
Feb 25, 2021: AUD 1 equals USD 0.7972
4.2 Rank in the Total Australia ETF Market [out of 139 ETFs]
| Description | Value | Rank |
| Rel Strength 6 Mon (AUD) | 73 | 38 |
| PV1000-1Year (AUD) | 1,048 | 45 |
SECTION 5
PROFILE
5.1 Description
Vanguard Australian Shares Index ETF is an exchange traded fund incorporated in Australia. The Fund seeks to match the total return of the S&P/ASX 300 Index before taking into account fees and expenses.
5.2 SNAPSHOT
Vanguard Australian Shares Index (ASX:VAS)
ISIN: AU000000VAS1
| Inception Date | May 08, 2009 |
| Expense Ratio | 0.1% of average net assets |
| Category | Equities All |
| Fund Family Name | Vanguard |
| Index Tracked | S&P/ASX 300 |
| Asset Class | Equity |
5.3 VAS ETF Dashboard [traded in Australian Dollar, AUD]
| Currency | AUD 1 = USD 0.8 |
| Feb 25 close | $A87.66 |
| Dividend Yield (TTM) | 1.6% |
| Ave Daily Volume | 275,636 units |
| 52-Week Range (In AUD) | 55.12 - 88.44 |
| Market Cap | $A7.5 billion [$6 billion] |
| DPS (TTM) | $A3 |
| Units Outstanding | 85,987,437 |
5.4 Fund Manager and Management Fees
+ The manager of the ETF is Alla Kolganova. The management fee is 0.15% of total assets
SECTION 6
DIVIDEND
| Dividend: | 0.6 |
| Dividend Date: | October 01, 2020 |
| Dividend Yield: | 1.7% |
| Annual Dividend: | $A1.45 |
VAS.AX
Source: www.BuySellSignals.com