1GOV vs VGB - Compare ETFs side by side

At a glance

Comparing 1GOV and VGB. VGB has the lower management fee at 0.16% a year, 1GOV has the higher 3 years return at 3.3% a year, and VGB offers the higher at 3.32%.

Lower fee

VGB 0.16% p.a.

Higher 3 years return

1GOV 3.3% p.a.

Higher yield

VGB 3.32%

Lower volatility

1GOV 2.1% (3y)

Larger fund

VGB $1.4bn

Side-by-side comparison

Metric	1GOV VanEck 1-5 Year Australian Government Bond ETF	VGB Vanguard Australian Government Bond Index ETF
Snapshot
Provider	VanEck	Vanguard
Tracks index	—	Bloomberg AusBond Govt 0+ Yr Index
Categories	Bonds, AU	AU, Bonds
Listed since	—	2012 (14 yrs)
Fund size (AUM)	$17m	$1.4bn
Cost & income
Management fee	0.22%	0.16%
Dividend yield	2.71%	3.32%
Franking	0%	0%
Turnover	20%	25%
Tax drag	1.35%	1.66%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	0.6% net	-0.9% net
3-year return	3.3% net	3.2% net
5-year return	—	-0.5% net
10-year return	—	1.1% net
Risk
Volatility (3y)	2.1%	4.2%
Volatility (5y)	—	5.8%
Volatility (10y)	—	4.9%
Sharpe ratio (3y)	—	—
Sharpe ratio (5y)	—	—
Sharpe ratio (10y)	—	—
Bid/ask spread	—	—

marks the strongest fund in each row. “net” shows the after-tax return at your selected bracket. “—” means we don’t have that data point yet.

Each fund at a glance

1GOV VanEck 1-5 Year Australian Government Bond ETF

Low-cost: a 0.22% management fee keeps more of the return in your pocket.
Low volatility (2.14% over 3 years) for a smoother ride.

Has lagged most peers over 3 years (209th of 236).

Full 1GOV analysis →

VGB Vanguard Australian Government Bond Index ETF

Low-cost: a 0.16% management fee keeps more of the return in your pocket.
Low volatility (4.85% over 10 years) for a smoother ride.

Has lagged most peers over 10 years (104th of 110).

Full VGB analysis →

Frequently Asked Questions

What's the difference between 1GOV vs VGB?

1GOV and VGB are 2 Australian-listed ETFs we compare side by side. VGB carries the lower management fee (0.16%). Over 3 years, 1GOV has delivered the higher total return (3.3% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - 1GOV vs VGB?

VGB has the lower management fee at 0.16% a year, versus 1GOV 0.22%.

Which has performed higher - 1GOV vs VGB?

Over the past 3 years, 1GOV has delivered the higher total return at 3.3% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

VGB pays the higher at 3.32%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

VGB is the larger fund by assets ($1.4bn). Larger funds are typically more liquid and trade on tighter spreads.

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General information only, generated from each fund's published data — not personal financial advice. Past performance is not a reliable indicator of future returns. Consider your own circumstances or seek licensed advice before investing.