HCRD vs VACF - Compare ETFs side by side

At a glance

Comparing HCRD and VACF. VACF has the lower management fee at 0.2% a year, HCRD has the higher 3 years return at 7.8% a year, and HCRD offers the higher at 4.88%.

Lower fee

VACF 0.2% p.a.

Higher 3 years return

HCRD 7.8% p.a.

Higher yield

HCRD 4.88%

Higher risk-adjusted

HCRD Sharpe 2.25 (3y)

Lower volatility

HCRD 1.5% (3y)

Larger fund

VACF $719m

Side-by-side comparison

Metric	HCRD BetaShares Interest Rate Hedged Australian Grade Corporate Bond ETF	VACF Vanguard Australian Corporate Fixed Interest Index ETF
Snapshot
Provider	BetaShares	Vanguard
Tracks index	—	Bloomberg AusBond Credit 0+ Yr Index
Categories	Bonds, AU	AU, Bonds
Listed since	—	2017 (9 yrs)
Fund size (AUM)	$344m	$719m
Cost & income
Management fee	0.29%	0.2%
Dividend yield	4.88%	3.91%
Franking	0%	0%
Turnover	30%	30%
Tax drag	2.28%	1.97%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	4.9% net	2.3% net
3-year return	7.8% net	5.1% net
5-year return	—	1.7% net
10-year return	—	2.8% net
Risk
Volatility (3y)	1.5%	2.6%
Volatility (5y)	—	3.8%
Volatility (10y)	—	3.1%
Sharpe ratio (3y)	2.25	0.36
Sharpe ratio (5y)	—	—
Sharpe ratio (10y)	—	0.22
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 →

VACF Vanguard Australian Corporate Fixed Interest Index ETF

Low-cost: a 0.2% management fee keeps more of the return in your pocket.
Pays a useful 3.91% income yield.

Has lagged most peers over 10 years (87th of 108).

Full VACF analysis →

Frequently Asked Questions

What's the difference between HCRD vs VACF?

HCRD and VACF are 2 Australian-listed ETFs we compare side by side. VACF carries the lower management fee (0.2%). 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 VACF?

VACF has the lower management fee at 0.2% a year, versus HCRD 0.29%.

Which has performed higher - HCRD vs VACF?

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?

HCRD pays the higher at 4.88%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

VACF is the larger fund by assets ($719m). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

HCRD vs CRED HCRD vs PLUS HCRD vs ICOR VACF vs VCF VACF vs OZBD VACF vs IAF VACF vs PCI VACF vs BSUB

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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.