At a glance
Side-by-side comparison
| Metric |
DAVA
Dimensional Australian Value Trust - Active ETF
|
MVW
VanEck Australian Equal Weight ETF
|
|---|---|---|
| Snapshot | ||
| Provider |
—
|
VanEck
|
| Tracks index |
S&P/ASX 300 Index
|
MVIS Australia Equal Weight Index
|
| Categories |
AU, Factor, Value
|
AU, Factor
|
| Listed since |
2024 (2 yrs)
|
2014 (12 yrs)
|
| Fund size (AUM) |
$1.5bn
|
$3.3bn
|
| Cost & income | ||
| Management fee |
0.34%
|
0.35%
|
| Dividend yield |
6.66%
|
3.4%
|
| Franking |
82%
|
75%
|
| Turnover |
20%
|
20%
|
| Tax drag | 1.02% | 0.82% |
| Returns |
Tax bracket
|
|
| 1-year return |
20.6%
net
|
1.6%
net
|
| 3-year return |
13.9%
net
|
7.5%
net
|
| 5-year return |
11.4%
net
|
7.4%
net
|
| 10-year return |
11.5%
net
|
8.3%
net
|
| Risk | ||
| Volatility (3y) |
10.2%
|
10%
|
| Volatility (5y) |
14%
|
12.2%
|
| Volatility (10y) |
16.2%
|
14.1%
|
| Sharpe ratio (3y) |
0.94
|
0.36
|
| Sharpe ratio (5y) |
0.62
|
0.38
|
| Sharpe ratio (10y) |
0.62
|
0.48
|
| 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-15% returns over 1 year (46th of 308 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 0.35% management fee keeps more of the return in your pocket.
- Pricier than similar ETFs, which average around 0.34%.
Frequently Asked Questions
DAVA and MVW are 2 Australian-listed ETFs we compare side by side. DAVA carries the lower management fee (0.34%). Over 10 years, DAVA has delivered the higher total return (11.5% a year). The table above breaks down fees, returns, income and risk for each.
DAVA has the lower management fee at 0.34% a year, versus MVW 0.35%.
Over the past 10 years, DAVA has delivered the higher total return at 11.5% a year. Past performance is not a reliable indicator of future returns.
DAVA pays the higher at 6.66%. Remember distributions are taxed each year at your marginal rate.
MVW is the larger 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.