AYLD vs SYI - Compare ETFs side by side

At a glance

Comparing AYLD and SYI. SYI has the lower management fee at 0.2% a year, SYI has the higher 3 years return at 13% a year, and AYLD offers the higher at 9.43%.

Lower fee

SYI 0.2% p.a.

Higher 3 years return

SYI 13% p.a.

Higher yield

AYLD 9.43%

Higher risk-adjusted

AYLD Sharpe 1.18 (3y)

Lower volatility

AYLD 5% (3y)

Larger fund

SYI $705m

Side-by-side comparison

Metric	AYLD Global X S&P/ASX 200 Covered Call ETF	SYI State Street SPDR MSCI Australia Select High Dividend Yield ETF
Snapshot
Provider	Global X	State Street
Tracks index	—	MSCI Australia Select High Dividend Yield Index
Categories	AU, Thematic, Dividend	AU, Dividend, Factor
Listed since	—	2010 (16 yrs)
Fund size (AUM)	$112m	$705m
Cost & income
Management fee	0.6%	0.2%
Dividend yield	9.43%	7.36%
Franking	35%	85%
Turnover	18%	25%
Tax drag	2.49%	1.13%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	10.3% net	15% net
3-year return	10.3% net	13% net
5-year return	—	9.8% net
10-year return	—	8.8% net
Risk
Volatility (3y)	5%	9.2%
Volatility (5y)	—	12.2%
Volatility (10y)	—	13.8%
Sharpe ratio (3y)	1.18	0.93
Sharpe ratio (5y)	—	0.57
Sharpe ratio (10y)	—	0.53
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

AYLD Global X S&P/ASX 200 Covered Call ETF

High 9.43% income yield — good for investors who want regular cash flow.
Strong risk-adjusted returns (3-year Sharpe ratio 1.18).

Pricier than similar ETFs, which average around 0.39%.

Full AYLD analysis →

SYI State Street SPDR MSCI Australia Select High Dividend Yield ETF

Low-cost: a 0.2% management fee keeps more of the return in your pocket.
High 7.36% income yield — good for investors who want regular cash flow.

Cheaper alternatives exist: IOZ and VAS.

Full SYI analysis →

Frequently Asked Questions

What's the difference between AYLD vs SYI?

AYLD and SYI are 2 Australian-listed ETFs we compare side by side. SYI carries the lower management fee (0.2%). Over 3 years, SYI has delivered the higher total return (13% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - AYLD vs SYI?

SYI has the lower management fee at 0.2% a year, versus AYLD 0.6%.

Which has performed higher - AYLD vs SYI?

Over the past 3 years, SYI has delivered the higher total return at 13% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

AYLD pays the higher at 9.43%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

SYI is the larger fund by assets ($705m). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

AYLD vs VHY AYLD vs IHD AYLD vs ZYAU SYI vs VHY SYI vs IHD SYI vs IOZ SYI vs VAS SYI vs R3AL

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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.