AYLD vs ZYAU - Compare ETFs side by side

At a glance

Comparing AYLD and ZYAU. ZYAU has the lower management fee at 0.24% a year, ZYAU has the higher 3 years return at 13% a year, and AYLD offers the higher at 9.43%.

Lower fee

ZYAU 0.24% p.a.

Higher 3 years return

ZYAU 13% p.a.

Higher yield

AYLD 9.43%

Higher risk-adjusted

AYLD Sharpe 1.18 (3y)

Lower volatility

AYLD 5% (3y)

Larger fund

AYLD $112m

Side-by-side comparison

Metric	AYLD Global X S&P/ASX 200 Covered Call ETF	ZYAU Global X S&P/ASX 200 High Dividend ETF
Snapshot
Provider	Global X	Global X
Tracks index	—	—
Categories	AU, Thematic, Dividend	AU, Thematic, Dividend
Listed since	—	—
Fund size (AUM)	$112m	$99m
Cost & income
Management fee	0.6%	0.24%
Dividend yield	9.43%	4.17%
Franking	35%	85%
Turnover	18%	25%
Tax drag	2.49%	0.9%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	10.3% net	18.1% net
3-year return	10.3% net	13% net
5-year return	—	6.1% net
10-year return	—	5.9% net
Risk
Volatility (3y)	5%	9.4%
Volatility (5y)	—	12.2%
Volatility (10y)	—	13.9%
Sharpe ratio (3y)	1.18	0.92
Sharpe ratio (5y)	—	0.29
Sharpe ratio (10y)	—	0.33
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 →

ZYAU Global X S&P/ASX 200 High Dividend ETF

Top-20% returns over 1 year (61st of 308 ETFs we track).
Low-cost: a 0.24% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: SYI and IHD.

Full ZYAU analysis →

Frequently Asked Questions

What's the difference between AYLD vs ZYAU?

AYLD and ZYAU are 2 Australian-listed ETFs we compare side by side. ZYAU carries the lower management fee (0.24%). Over 3 years, ZYAU 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 ZYAU?

ZYAU has the lower management fee at 0.24% a year, versus AYLD 0.6%.

Which has performed higher - AYLD vs ZYAU?

Over the past 3 years, ZYAU 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?

AYLD is the larger fund by assets ($112m). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

AYLD vs VHY AYLD vs SYI AYLD vs IHD ZYAU vs VHY ZYAU vs SYI ZYAU vs IHD ZYAU vs HYLD ZYAU vs RDV

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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.