Grow it · ETFs

DACE vs IOZ

Compare fees, returns, income and risk for these 2 ASX-listed ETFs side by side.

At a glance

Comparing DACE and IOZ. IOZ has the lower management fee at 0.05% a year and IOZ offers the higher at 3.4%.
Lower fee
IOZ 0.05% p.a.
Higher yield
IOZ 3.4%
Larger fund
IOZ $9.6bn

Side-by-side comparison

Metric DACE
Dimensional Australian Core Equity Trust - Active ETF
IOZ
iShares Core S&P/ASX 200 ETF
Snapshot
Provider
—
iShares
Tracks index
S&P/ASX 300 Index
S&P/ASX 200 Index
Categories
AU, Factor, Value, Small-Cap
AU, Large-Cap, Market-Cap
Listed since
2006 (20 yrs)
2010 (16 yrs)
Fund size (AUM)
—
$9.6bn
Cost & income
Management fee
0.28%
0.05%
Dividend yield
—
3.4%
Franking
80%
80%
Turnover
20%
3%
Tax drag 0.48% 0.37%
Returns
Tax bracket
1-year return
—
2.6%
net
3-year return
—
11.3%
net
5-year return
—
7.6%
net
10-year return
—
8.9%
net
Risk
Volatility (3y)
—
10.7%
Volatility (5y)
—
12.4%
Volatility (10y)
—
13.4%
Sharpe ratio (3y)
—
0.68
Sharpe ratio (5y)
—
0.38
Sharpe ratio (10y)
—
0.54
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

DACE Dimensional Australian Core Equity Trust - Active ETF
  • Low-cost: a 0.28% management fee keeps more of the return in your pocket.
  • Cheaper alternatives exist: MQAE, A200, and IOZ.
IOZ iShares Core S&P/ASX 200 ETF
  • Low-cost: a 0.05% management fee keeps more of the return in your pocket.
  • Cheaper alternatives exist: MQAE and A200.

Frequently Asked Questions

What's the difference between DACE vs IOZ?

DACE and IOZ are 2 Australian-listed ETFs we compare side by side. IOZ carries the lower management fee (0.05%). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - DACE vs IOZ?

IOZ has the lower management fee at 0.05% a year, versus DACE 0.28%.

Which pays the higher dividend yield?

IOZ pays the higher at 3.4%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

IOZ is the larger fund by assets ($9.6bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

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.

Please confirm?