EX20 vs VSO - Compare ETFs side by side

At a glance

Comparing EX20 and VSO. EX20 has the lower management fee at 0.25% a year, VSO has the higher 5 years return at 5.5% a year, and VSO offers the higher at 4.92%.

Lower fee

EX20 0.25% p.a.

Higher 5 years return

VSO 5.5% p.a.

Higher yield

VSO 4.92%

Higher risk-adjusted

VSO Sharpe 0.22 (5y)

Lower volatility

EX20 13.9% (5y)

Larger fund

VSO $1.1bn

Side-by-side comparison

Metric	EX20 BetaShares Australian Ex-20 Portfolio Diversifier ETF	VSO Vanguard MSCI Australian Small Companies Index ETF
Snapshot
Provider	BetaShares	Vanguard
Tracks index	Nasdaq Australia Completion Cap Index	MSCI Australian Shares Small Cap Index
Categories	AU, Small-Cap	AU, Small-Cap, Market-Cap
Listed since	—	2011 (15 yrs)
Fund size (AUM)	$645m	$1.1bn
Cost & income
Management fee	0.25%	0.3%
Dividend yield	2.87%	4.92%
Franking	55%	65%
Turnover	25%	18%
Tax drag	1.06%	1.07%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	-2.6% net	7% net
3-year return	6.2% net	9.3% net
5-year return	5% net	5.5% net
10-year return	—	8.4% net
Risk
Volatility (3y)	12.4%	13.2%
Volatility (5y)	13.9%	15.6%
Volatility (10y)	—	16.6%
Sharpe ratio (3y)	0.22	0.43
Sharpe ratio (5y)	0.19	0.22
Sharpe ratio (10y)	—	0.44
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

EX20 BetaShares Australian Ex-20 Portfolio Diversifier ETF

Low-cost: a 0.25% management fee keeps more of the return in your pocket.

Has lagged most peers over 1 year (273rd of 308).

Full EX20 analysis →

VSO Vanguard MSCI Australian Small Companies Index ETF

Low-cost: a 0.3% management fee keeps more of the return in your pocket.
Pays a useful 4.92% income yield.

Cheaper alternatives exist: VAS and EX20.

Full VSO analysis →

Frequently Asked Questions

What's the difference between EX20 vs VSO?

EX20 and VSO are 2 Australian-listed ETFs we compare side by side. EX20 carries the lower management fee (0.25%). Over 5 years, VSO has delivered the higher total return (5.5% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - EX20 vs VSO?

EX20 has the lower management fee at 0.25% a year, versus VSO 0.3%.

Which has performed higher - EX20 vs VSO?

Over the past 5 years, VSO has delivered the higher total return at 5.5% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

VSO pays the higher at 4.92%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

VSO is the larger fund by assets ($1.1bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

EX20 vs SMLL EX20 vs FSML EX20 vs MVE VSO vs SMLL VSO vs FSML VSO vs MVW VSO vs VAS VSO vs IMPQ

← Back to all ETFs

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.