Is the Vanguard Australian Shares Index ETF (VAS) Still a Good Buy for the Santa Rally?
Image Credit: Pexels The Vanguard Australian Shares Index ETF ( ASX: VAS ) has been performing well this month, with a rise of around 4% . The ETF provides investors with exposure to the S&P/ ASX 300 Index, which is an index of 300 of the largest businesses on the ASX . The portfolio includes names such as BHP Group Ltd, Commonwealth Bank of Australia, Woolworths Group Ltd, and Telstra Group Ltd . It's important to note that while the VAS ETF is up 4% in November so far, it's still down 4% since the start of September 2023 . However, the unit price of the ETF is still cheaper than earlier this year . According to Vanguard, the dividend yield for the VAS ETF at the end of September 2023 was 4.2%, excluding franking credits . It's difficult to predict whether there will be a Santa rally or not . However, one of the great things about investing in ASX shares is that there is a large volume of trading each day, so we can always buy shares if we want to, even if they have r...