HCRD vs CRED - Compare ETFs side by side

At a glance

Comparing HCRD and CRED. CRED has the lower management fee at 0.25% a year, HCRD has the higher 3 years return at 7.8% a year, and CRED offers the higher at 5.23%.

Lower fee

CRED 0.25% p.a.

Higher 3 years return

HCRD 7.8% p.a.

Higher yield

CRED 5.23%

Higher risk-adjusted

HCRD Sharpe 2.25 (3y)

Lower volatility

HCRD 1.5% (3y)

Larger fund

CRED $1.9bn

Side-by-side comparison

Metric	HCRD BetaShares Interest Rate Hedged Australian Grade Corporate Bond ETF	CRED BetaShares Australian Investment Grade Bond ETF
Snapshot
Provider	BetaShares	BetaShares
Tracks index	—	Solactive Australian Investment Grade Corporate Bond Select TR Index
Categories	Bonds, AU	Bonds, AU
Listed since	—	—
Fund size (AUM)	$344m	$1.9bn
Cost & income
Management fee	0.29%	0.25%
Dividend yield	4.88%	5.23%
Franking	0%	0%
Turnover	30%	30%
Tax drag	2.28%	2.39%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	4.9% net	1.5% net
3-year return	7.8% net	6.5% net
5-year return	—	0.9% net
10-year return	—	—
Risk
Volatility (3y)	1.5%	5.1%
Volatility (5y)	—	7%
Volatility (10y)	—	—
Sharpe ratio (3y)	2.25	0.48
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

HCRD BetaShares Interest Rate Hedged Australian Grade Corporate Bond ETF

Low-cost: a 0.29% management fee keeps more of the return in your pocket.
Pays a useful 4.88% income yield.

Cheaper alternatives exist: ICOR, VACF, and CRED.

Full HCRD analysis →

CRED BetaShares Australian Investment Grade Bond ETF

Low-cost: a 0.25% management fee keeps more of the return in your pocket.
Pays a useful 5.23% income yield.

Has lagged most peers over 5 years (158th of 188).

Full CRED analysis →

Frequently Asked Questions

What's the difference between HCRD vs CRED?

HCRD and CRED are 2 Australian-listed ETFs we compare side by side. CRED carries the lower management fee (0.25%). Over 3 years, HCRD has delivered the higher total return (7.8% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - HCRD vs CRED?

CRED has the lower management fee at 0.25% a year, versus HCRD 0.29%.

Which has performed higher - HCRD vs CRED?

Over the past 3 years, HCRD has delivered the higher total return at 7.8% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

CRED pays the higher at 5.23%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

CRED is the larger fund by assets ($1.9bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

HCRD vs VACF HCRD vs PLUS HCRD vs ICOR CRED vs IAF CRED vs VAF CRED vs OZBD CRED vs PLUS CRED vs BANK

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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.