DAVA vs VAS - Compare ETFs side by side

At a glance

Comparing DAVA and VAS. VAS has the lower management fee at 0.07% a year, DAVA has the higher 10 years return at 11.4% a year, and DAVA offers the higher at 6.5%.

Lower fee

VAS 0.07% p.a.

Higher 10 years return

DAVA 11.4% p.a.

Higher yield

DAVA 6.5%

Higher risk-adjusted

DAVA Sharpe 0.62 (10y)

Lower volatility

VAS 13.4% (10y)

Larger fund

VAS $26.7bn

Side-by-side comparison

Metric	DAVA Dimensional Australian Value Trust - Active ETF	VAS Vanguard Australian Shares Index ETF
Snapshot
Provider	—	Vanguard
Tracks index	S&P/ASX 300 Index	S&P/ASX 300 Index
Categories	AU, Factor, Value	AU, Large-Cap, Market-Cap
Listed since	2024 (2 yrs)	2009 (17 yrs)
Fund size (AUM)	$1.6bn	$26.7bn
Cost & income
Management fee	0.34%	0.07%
Dividend yield	6.5%	2.95%
Franking	82%	75%
Turnover	20%	4%
Tax drag	1.01%	0.4%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	13.8% net	2.3% net
3-year return	15.8% net	11.3% net
5-year return	12.6% net	7.4% net
10-year return	11.4% net	8.9% net
Risk
Volatility (3y)	10%	10.6%
Volatility (5y)	13.9%	12.5%
Volatility (10y)	16.2%	13.4%
Sharpe ratio (3y)	1.11	0.68
Sharpe ratio (5y)	0.69	0.37
Sharpe ratio (10y)	0.62	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

DAVA Dimensional Australian Value Trust - Active ETF

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.

Full DAVA analysis →

VAS Vanguard Australian Shares Index ETF

Low-cost: a 0.07% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: MQAE, A200, and IOZ.

Full VAS analysis →

Frequently Asked Questions

What's the difference between DAVA vs VAS?

DAVA and VAS are 2 Australian-listed ETFs we compare side by side. VAS carries the lower management fee (0.07%). Over 10 years, DAVA has delivered the higher total return (11.4% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - DAVA vs VAS?

VAS has the lower management fee at 0.07% a year, versus DAVA 0.34%.

Which has performed higher - DAVA vs VAS?

Over the past 10 years, DAVA has delivered the higher total return at 11.4% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

DAVA pays the higher at 6.5%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

VAS is the larger fund by assets ($26.7bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

DAVA vs DACE DAVA vs QOZ DAVA vs MVW VAS vs IOZ VAS vs STW VAS vs A200 VAS vs MQAE VAS vs FHCO

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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.