CRED vs VAF - Compare ETFs side by side

At a glance

Comparing CRED and VAF. VAF has the lower management fee at 0.1% a year, CRED has the higher 5 years return at 0.9% a year, and CRED offers the higher at 5.23%.

Lower fee

VAF 0.1% p.a.

Higher 5 years return

CRED 0.9% p.a.

Higher yield

CRED 5.23%

Lower volatility

VAF 5.4% (5y)

Larger fund

VAF $3.8bn

Side-by-side comparison

Metric	CRED BetaShares Australian Investment Grade Bond ETF	VAF Vanguard Australian Fixed Interest Index ETF
Snapshot
Provider	BetaShares	Vanguard
Tracks index	Solactive Australian Investment Grade Corporate Bond Select TR Index	Bloomberg AusBond Composite 0+ Yr Index
Categories	Bonds, AU	AU, Bonds
Listed since	—	2012 (14 yrs)
Fund size (AUM)	$1.9bn	$3.8bn
Cost & income
Management fee	0.25%	0.1%
Dividend yield	5.23%	3.24%
Franking	0%	0%
Turnover	30%	30%
Tax drag	2.39%	1.76%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	1.5% net	1% net
3-year return	6.5% net	3.6% net
5-year return	0.9% net	-0.2% net
10-year return	—	1.5% net
Risk
Volatility (3y)	5.1%	4%
Volatility (5y)	7%	5.4%
Volatility (10y)	—	4.5%
Sharpe ratio (3y)	0.48	—
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

CRED BetaShares Australian Investment Grade Bond ETF

Low-cost: a 0.25% management fee keeps more of the return in your pocket.
Pays a useful 5.23% income yield.

Has lagged most peers over 5 years (158th of 188).

Full CRED analysis →

VAF Vanguard Australian Fixed Interest Index ETF

Low-cost: a 0.1% management fee keeps more of the return in your pocket.
Low volatility (4.45% over 10 years) for a smoother ride.

Has lagged most peers over 10 years (97th of 108).

Full VAF analysis →

Frequently Asked Questions

What's the difference between CRED vs VAF?

CRED and VAF are 2 Australian-listed ETFs we compare side by side. VAF carries the lower management fee (0.1%). Over 5 years, CRED has delivered the higher total return (0.9% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - CRED vs VAF?

VAF has the lower management fee at 0.1% a year, versus CRED 0.25%.

Which has performed higher - CRED vs VAF?

Over the past 5 years, CRED has delivered the higher total return at 0.9% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

CRED pays the higher at 5.23%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

VAF is the larger fund by assets ($3.8bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

CRED vs IAF CRED vs OZBD CRED vs HCRD CRED vs PLUS CRED vs BANK CRED vs ECRD VAF vs IAF VAF vs OZBD

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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.