BHYB vs BSUB vs HBRD - Compare ETFs side by side

At a glance

Comparing BHYB, BSUB, and HBRD. BSUB has the lowest management fee at 0.29% a year, BSUB has the highest 1 year return at 5.6% a year, and BHYB offers the highest at 4.85%.

Lowest fee

BSUB 0.29% p.a.

Highest 1 year return

BSUB 5.6% p.a.

Highest yield

BHYB 4.85%

Largest fund

HBRD $2.5bn

Side-by-side comparison

Metric	BHYB BetaShares Australian Major Bank Hybrids Index ETF	BSUB BetaShares Australian Major Bank Subordinated Debt ETF	HBRD BetaShares Australian Hybrids Active ETF
Snapshot
Provider	BetaShares	BetaShares	BetaShares
Tracks index	Solactive Australian Banking Preferred Shares Index	Solactive Australian Major Bank Subordinated Debt Select Index	Solactive Australian Hybrid Securities Index
Categories	Bonds, AU	AU	Bonds, AU, Active
Listed since	—	2022 (4 yrs)	—
Fund size (AUM)	$663m	$772m	$2.5bn
Cost & income
Management fee	0.35%	0.29%	0.55%
Dividend yield	4.85%	4.69%	—
Franking	70%	0%	65%
Turnover	15%	15%	25%
Tax drag	0.92%	1.86%	0.6%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	4.7% net	5.6% net	—
3-year return	5.1% net	—	—
5-year return	4% net	—	—
10-year return	—	—	—
Risk
Volatility (3y)	2.1%	—	—
Volatility (5y)	2.9%	—	—
Volatility (10y)	—	—	—
Sharpe ratio (3y)	0.42	—	—
Sharpe ratio (5y)	0.26	—	—
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

BHYB BetaShares Australian Major Bank Hybrids Index ETF

Low-cost: a 0.35% management fee keeps more of the return in your pocket.
Pays a useful 4.85% income yield.

Has lagged most peers over 3 years (177th of 226).

Full BHYB analysis →

BSUB BetaShares Australian Major Bank Subordinated Debt ETF

Low-cost: a 0.29% management fee keeps more of the return in your pocket.
Pays a useful 4.69% income yield.

Cheaper alternatives exist: OZBD and VACF.

Full BSUB analysis →

HBRD BetaShares Australian Hybrids Active ETF

Pricier than similar ETFs, which average around 0.45%.

Full HBRD analysis →

Frequently Asked Questions

What's the difference between BHYB vs BSUB vs HBRD?

BHYB, BSUB, and HBRD are 3 Australian-listed ETFs we compare side by side. BSUB carries the lowest management fee (0.29%). Over 1 year, BSUB has delivered the highest total return (5.6% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lowest fees - BHYB vs BSUB vs HBRD?

BSUB has the lowest management fee at 0.29% a year, versus BHYB 0.35% and HBRD 0.55%.

Which has performed highest - BHYB vs BSUB vs HBRD?

Over the past 1 year, BSUB has delivered the highest total return at 5.6% a year. Past performance is not a reliable indicator of future returns.

Which pays the highest dividend yield?

BHYB pays the highest at 4.85%. Remember distributions are taxed each year at your marginal rate.

Which is the largest and most liquid?

HBRD is the largest fund by assets ($2.5bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

BSUB vs MXT BSUB vs PCI BSUB vs VACF BSUB vs OZBD BSUB vs SUBD BSUB vs FSUB

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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.