At a glance
Side-by-side comparison
| Metric |
DAVA
Dimensional Australian Value Trust - Active ETF
|
DACE
Dimensional Australian Core Equity Trust - Active ETF
|
QOZ
BetaShares FTSE RAFI Australia 200 ETF
|
MVW
VanEck Australian Equal Weight ETF
|
|---|---|---|---|---|
| Snapshot | ||||
| Provider |
—
|
—
|
BetaShares
|
VanEck
|
| Tracks index |
S&P/ASX 300 Index
|
S&P/ASX 300 Index
|
FTSE RAFI Australia 200 Index
|
MVIS Australia Equal Weight Index
|
| Categories |
AU, Factor, Value
|
AU, Factor, Value, Small-Cap
|
AU, Factor, Value
|
AU, Factor
|
| Listed since |
2024 (2 yrs)
|
2006 (20 yrs)
|
2013 (13 yrs)
|
2014 (12 yrs)
|
| Fund size (AUM) |
$1.6bn
|
—
|
$1.4bn
|
$3.3bn
|
| Cost & income | ||||
| Management fee |
0.34%
|
0.28%
|
0.4%
|
0.35%
|
| Dividend yield |
6.5%
|
—
|
3.81%
|
3.39%
|
| Franking |
82%
|
80%
|
78%
|
75%
|
| Turnover |
20%
|
20%
|
18%
|
20%
|
| Tax drag | 1.01% | 0.48% | 0.79% | 0.82% |
| Returns |
Tax bracket
|
|||
| 1-year return |
13.8%
net
|
—
|
12.7%
net
|
0.7%
net
|
| 3-year return |
15.8%
net
|
—
|
15.6%
net
|
9.1%
net
|
| 5-year return |
12.6%
net
|
—
|
11%
net
|
6.8%
net
|
| 10-year return |
11.4%
net
|
—
|
10.4%
net
|
8.5%
net
|
| Risk | ||||
| Volatility (3y) |
10%
|
—
|
10.3%
|
9.8%
|
| Volatility (5y) |
13.9%
|
—
|
12.2%
|
12.2%
|
| Volatility (10y) |
16.2%
|
—
|
13.7%
|
14.1%
|
| Sharpe ratio (3y) |
1.11
|
—
|
1.06
|
0.52
|
| Sharpe ratio (5y) |
0.69
|
—
|
0.64
|
0.33
|
| Sharpe ratio (10y) |
0.62
|
—
|
0.63
|
0.49
|
| 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
- Top-16% returns over 5 years (30th of 189 ETFs we track).
- Low-cost: a 0.34% management fee keeps more of the return in your pocket.
- Cheaper alternatives exist: VAS and DACE.
- Low-cost: a 0.28% management fee keeps more of the return in your pocket.
- Cheaper alternatives exist: MQAE, A200, and IOZ.
- Top-24% returns over 1 year (76th of 318 ETFs we track).
- Low-cost: a 0.4% management fee keeps more of the return in your pocket.
- Pricier than similar ETFs, which average around 0.34%.
- Low-cost: a 0.35% management fee keeps more of the return in your pocket.
- Pricier than similar ETFs, which average around 0.34%.
Frequently Asked Questions
DAVA, DACE, QOZ, and MVW are 4 Australian-listed ETFs we compare side by side. DACE carries the lowest management fee (0.28%). Over 10 years, DAVA has delivered the highest total return (11.4% a year). The table above breaks down fees, returns, income and risk for each.
DACE has the lowest management fee at 0.28% a year, versus DAVA 0.34%, QOZ 0.4%, and MVW 0.35%.
Over the past 10 years, DAVA has delivered the highest total return at 11.4% a year. Past performance is not a reliable indicator of future returns.
DAVA pays the highest at 6.5%. Remember distributions are taxed each year at your marginal rate.
MVW is the largest fund by assets ($3.3bn). 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.