Grow it · ETFs

DIVI vs VHY

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

At a glance

Comparing DIVI and VHY. VHY has the lower management fee at 0.25% a year, VHY has the higher 5 years return at 11.5% a year, and DIVI offers the higher at 4.94%.
Lower fee
VHY 0.25% p.a.
Higher 5 years return
VHY 11.5% p.a.
Higher yield
DIVI 4.94%
Higher risk-adjusted
VHY Sharpe 0.72 (5y)
Lower volatility
VHY 11.7% (5y)
Larger fund
VHY $8bn

Side-by-side comparison

Metric DIVI
Ausbil Active Dividend Income Fund - Active ETF
VHY
Vanguard Australian Shares High Yield ETF
Snapshot
Provider
Vanguard
Tracks index
FTSE Australia High Dividend Yield Index
Categories
AU, Dividend, Active
AU, Dividend
Listed since
2011 (15 yrs)
Fund size (AUM)
$1.7bn
$8bn
Cost & income
Management fee
0.85%
0.25%
Dividend yield
4.94%
3.47%
Franking
75%
85%
Turnover
60%
20%
Tax drag 1.94% 0.73%
Returns
Tax bracket
1-year return
8%
net
17.9%
net
3-year return
9.2%
net
14.4%
net
5-year return
7.1%
net
11.5%
net
10-year return
10.2%
net
Risk
Volatility (3y)
10.4%
9.5%
Volatility (5y)
11.8%
11.7%
Volatility (10y)
13.4%
Sharpe ratio (3y)
0.51
1.04
Sharpe ratio (5y)
0.37
0.72
Sharpe ratio (10y)
0.63
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

DIVI Ausbil Active Dividend Income Fund - Active ETF
  • Pays a useful 4.94% income yield.
  • A 0.85% management fee is high and compounds against you over time.
VHY Vanguard Australian Shares High Yield ETF
  • Top-19% returns over 5 years (35th of 188 ETFs we track).
  • Low-cost: a 0.25% management fee keeps more of the return in your pocket.
  • Cheaper alternatives exist: IOZ, VAS, and SYI.

Frequently Asked Questions

What's the difference between DIVI vs VHY?

DIVI and VHY are 2 Australian-listed ETFs we compare side by side. VHY carries the lower management fee (0.25%). Over 5 years, VHY 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 - DIVI vs VHY?

VHY has the lower management fee at 0.25% a year, versus DIVI 0.85%.

Which has performed higher - DIVI vs VHY?

Over the past 5 years, VHY 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?

DIVI pays the higher at 4.94%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

VHY is the larger fund by assets ($8bn). 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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