HCRD vs VACF vs CRED vs PLUS - Compare ETFs side by side

At a glance

Comparing HCRD, VACF, CRED, and PLUS. VACF has the lowest management fee at 0.2% a year, VACF has the highest 5 years return at 1.7% a year, and CRED offers the highest at 5.23%.

Lowest fee

VACF 0.2% p.a.

Highest 5 years return

VACF 1.7% p.a.

Highest yield

CRED 5.23%

Highest risk-adjusted

HCRD Sharpe 2.25 (3y)

Lowest volatility

VACF 3.8% (5y)

Largest fund

CRED $1.9bn

Side-by-side comparison

Metric	HCRD BetaShares Interest Rate Hedged Australian Grade Corporate Bond ETF	VACF Vanguard Australian Corporate Fixed Interest Index ETF	CRED BetaShares Australian Investment Grade Bond ETF	PLUS VanEck Australian Corporate Bond Plus ETF
Snapshot
Provider	BetaShares	Vanguard	BetaShares	VanEck
Tracks index	—	Bloomberg AusBond Credit 0+ Yr Index	Solactive Australian Investment Grade Corporate Bond Select TR Index	—
Categories	Bonds, AU	AU, Bonds	Bonds, AU	Bonds, AU
Listed since	—	2017 (9 yrs)	—	—
Fund size (AUM)	$344m	$719m	$1.9bn	$357m
Cost & income
Management fee	0.29%	0.2%	0.25%	0.32%
Dividend yield	4.88%	3.91%	5.23%	4.38%
Franking	0%	0%	0%	0%
Turnover	30%	30%	30%	40%
Tax drag	2.28%	1.97%	2.39%	2.36%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	4.9% net	2.3% net	1.5% net	2% net
3-year return	7.8% net	5.1% net	6.5% net	5.7% net
5-year return	—	1.7% net	0.9% net	1.3% net
10-year return	—	2.8% net	—	—
Risk
Volatility (3y)	1.5%	2.6%	5.1%	3.5%
Volatility (5y)	—	3.8%	7%	5.1%
Volatility (10y)	—	3.1%	—	—
Sharpe ratio (3y)	2.25	0.36	0.48	0.44
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 →

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 →

PLUS VanEck Australian Corporate Bond Plus ETF

Low-cost: a 0.32% management fee keeps more of the return in your pocket.
Pays a useful 4.38% income yield.

Has lagged most peers over 5 years (155th of 188).

Full PLUS analysis →

Frequently Asked Questions

What's the difference between HCRD vs VACF vs CRED vs PLUS?

HCRD, VACF, CRED, and PLUS are 4 Australian-listed ETFs we compare side by side. VACF carries the lowest management fee (0.2%). Over 5 years, VACF has delivered the highest total return (1.7% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lowest fees - HCRD vs VACF vs CRED vs PLUS?

VACF has the lowest management fee at 0.2% a year, versus HCRD 0.29%, CRED 0.25%, and PLUS 0.32%.

Which has performed highest - HCRD vs VACF vs CRED vs PLUS?

Over the past 5 years, VACF has delivered the highest total return at 1.7% a year. Past performance is not a reliable indicator of future returns.

Which pays the highest dividend yield?

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

Which is the largest and most liquid?

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

Related comparisons

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

← 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.