FHCO vs DACE - Compare ETFs side by side

At a glance

Comparing FHCO and DACE. DACE has the lower management fee at 0.28% a year and FHCO offers the higher at 15.62%.

Lower fee

DACE 0.28% p.a.

Higher yield

FHCO 15.62%

Larger fund

FHCO $2m

Side-by-side comparison

Metric	FHCO Fidelity Australian High Conviction Active ETF	DACE Dimensional Australian Core Equity Trust - Active ETF
Snapshot
Provider	Fidelity	—
Tracks index	—	S&P/ASX 300 Index
Categories	AU, Active	AU, Factor, Value, Small-Cap
Listed since	—	2006 (20 yrs)
Fund size (AUM)	$2m	—
Cost & income
Management fee	0.85%	0.28%
Dividend yield	15.62%	—
Franking	70%	80%
Turnover	25%	20%
Tax drag	2.41%	0.48%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	-4.1% net	—
3-year return	—	—
5-year return	—	—
10-year return	—	—
Risk
Volatility (3y)	—	—
Volatility (5y)	—	—
Volatility (10y)	—	—
Sharpe ratio (3y)	—	—
Sharpe ratio (5y)	—	—
Sharpe ratio (10y)	—	—
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

FHCO Fidelity Australian High Conviction Active ETF

High 15.62% income yield — good for investors who want regular cash flow.

A 0.85% management fee is high and compounds against you over time.

Full FHCO analysis →

DACE Dimensional Australian Core Equity Trust - Active ETF

Low-cost: a 0.28% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: MQAE, A200, and IOZ.

Full DACE analysis →

Frequently Asked Questions

What's the difference between FHCO vs DACE?

FHCO and DACE are 2 Australian-listed ETFs we compare side by side. DACE carries the lower management fee (0.28%). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - FHCO vs DACE?

DACE has the lower management fee at 0.28% a year, versus FHCO 0.85%.

Which pays the higher dividend yield?

FHCO pays the higher at 15.62%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

FHCO is the larger fund by assets ($2m). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

FHCO vs MQAE FHCO vs VAS FHCO vs IOZ DACE vs MQAE DACE vs DAVA DACE vs IOZ DACE vs VAS DACE vs A200

← 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.