Grow it · ETFs

HBRD vs BHYB

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

At a glance

Comparing HBRD and BHYB. BHYB has the lower management fee at 0.35% a year and BHYB offers the higher at 4.85%.
Lower fee
BHYB 0.35% p.a.
Higher yield
BHYB 4.85%
Larger fund
HBRD $2.5bn

Side-by-side comparison

Metric HBRD
BetaShares Australian Hybrids Active ETF
BHYB
BetaShares Australian Major Bank Hybrids Index ETF
Snapshot
Provider
BetaShares
BetaShares
Tracks index
Solactive Australian Hybrid Securities Index
Solactive Australian Banking Preferred Shares Index
Categories
Bonds, AU, Active
Bonds, AU
Listed since
Fund size (AUM)
$2.5bn
$663m
Cost & income
Management fee
0.55%
0.35%
Dividend yield
4.85%
Franking
65%
70%
Turnover
25%
15%
Tax drag 0.6% 0.92%
Returns
Tax bracket
1-year return
4.7%
net
3-year return
5.1%
net
5-year return
4%
net
10-year return
Risk
Volatility (3y)
2.1%
Volatility (5y)
2.9%
Volatility (10y)
Sharpe ratio (3y)
0.42
Sharpe ratio (5y)
0.26
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

HBRD BetaShares Australian Hybrids Active ETF
  • Pricier than similar ETFs, which average around 0.45%.
BHYB BetaShares Australian Major Bank Hybrids Index ETF
  • Low-cost: a 0.35% management fee keeps more of the return in your pocket.
  • Pays a useful 4.85% income yield.
  • Has lagged most peers over 3 years (177th of 226).

Frequently Asked Questions

What's the difference between HBRD vs BHYB?

HBRD and BHYB are 2 Australian-listed ETFs we compare side by side. BHYB carries the lower management fee (0.35%). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - HBRD vs BHYB?

BHYB has the lower management fee at 0.35% a year, versus HBRD 0.55%.

Which pays the higher dividend yield?

BHYB pays the higher at 4.85%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

HBRD is the larger fund by assets ($2.5bn). 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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