Grow it · ETFs

DAVA vs VAS

Compare fees, returns, income and risk for these 2 ASX-listed 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 11.5% a year, and DAVA offers the higher at 6.66%.
Lower fee
VAS 0.07% p.a.
Higher 10 years return
DAVA 11.5% p.a.
Higher yield
DAVA 6.66%
Higher risk-adjusted
DAVA Sharpe 0.62 (10y)
Lower volatility
VAS 13.4% (10y)
Larger fund
VAS $26.2bn

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)
$1.5bn
$26.2bn
Cost & income
Management fee
0.34%
0.07%
Dividend yield
6.66%
2.93%
Franking
82%
75%
Turnover
20%
4%
Tax drag 1.02% 0.39%
Returns
Tax bracket
1-year return
20.6%
net
5.8%
net
3-year return
13.9%
net
10.2%
net
5-year return
11.4%
net
7.8%
net
10-year return
11.5%
net
8.9%
net
Risk
Volatility (3y)
10.2%
10.7%
Volatility (5y)
14%
12.5%
Volatility (10y)
16.2%
13.4%
Sharpe ratio (3y)
0.94
0.58
Sharpe ratio (5y)
0.62
0.41
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-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.
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.

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 (11.5% 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 11.5% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

DAVA pays the higher at 6.66%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

VAS is the larger fund by assets ($26.2bn). 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.

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