Grow it · ETFs

HEUR vs VEQ vs ESTX vs IEU

Compare fees, returns, income and risk for these 4 ASX-listed ETFs side by side.

At a glance

Comparing HEUR, VEQ, ESTX, and IEU. VEQ has the lowest management fee at 0.35% a year, ESTX has the highest 10 years return at 11.4% a year, and IEU offers the highest at 8.44%.
Lowest fee
VEQ 0.35% p.a.
Highest 10 years return
ESTX 11.4% p.a.
Highest yield
IEU 8.44%
Highest risk-adjusted
IEU Sharpe 0.68 (10y)
Lowest volatility
IEU 12% (10y)
Largest fund
IEU $1.2bn

Side-by-side comparison

Metric HEUR
BetaShares Europe ETF - Currency Hedged
VEQ
Vanguard FTSE Europe Shares ETF
ESTX
Global X EURO STOXX 50 ETF
IEU
iShares Europe ETF
Snapshot
Provider
BetaShares
Vanguard
Global X
iShares
Tracks index
S&P Eurozone Exporters Hedged AUD Index
FTSE Developed Europe All Cap Index
EURO STOXX 50 Index
S&P Europe 350 Index
Categories
Intl, Large-Cap, Market-Cap
Intl, Market-Cap
Intl, Large-Cap
Intl, Large-Cap, Market-Cap
Listed since
2015 (11 yrs)
2015 (11 yrs)
Fund size (AUM)
$87m
$633m
$480m
$1.2bn
Cost & income
Management fee
0.56%
0.35%
0.35%
0.59%
Dividend yield
4.29%
2.18%
7.18%
8.44%
Franking
0%
0%
0%
0%
Turnover
4%
5%
Tax drag 1.37% 0.79% 2.42% 2.7%
Returns
Tax bracket
1-year return
20.5%
net
12.3%
net
12.1%
net
12.9%
net
3-year return
13.5%
net
13.8%
net
14.7%
net
13.8%
net
5-year return
9.4%
net
9.5%
net
11.9%
net
10.2%
net
10-year return
10%
net
10%
net
11.4%
net
10.1%
net
Risk
Volatility (3y)
12.4%
8.9%
11.5%
9.3%
Volatility (5y)
14.7%
11.9%
13.8%
11.8%
Volatility (10y)
15.3%
12.2%
14.5%
12%
Sharpe ratio (3y)
0.76
1.04
0.9
1
Sharpe ratio (5y)
0.47
0.56
0.66
0.62
Sharpe ratio (10y)
0.56
0.66
0.67
0.68
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

HEUR BetaShares Europe ETF - Currency Hedged
  • Top-15% returns over 1 year (47th of 308 ETFs we track).
  • Pays a useful 4.29% income yield.
  • Pricier than similar ETFs, which average around 0.48%.
VEQ Vanguard FTSE Europe Shares ETF
  • Low-cost: a 0.35% management fee keeps more of the return in your pocket.
  • Cheaper alternatives exist: VEU and IVE.
ESTX Global X EURO STOXX 50 ETF
  • Top-16% returns over 5 years (31st of 188 ETFs we track).
  • Low-cost: a 0.35% management fee keeps more of the return in your pocket.
  • Cheaper alternatives exist: IVE.
IEU iShares Europe ETF
  • High 8.44% income yield — good for investors who want regular cash flow.
  • Pricier than similar ETFs, which average around 0.48%.

Frequently Asked Questions

What's the difference between HEUR vs VEQ vs ESTX vs IEU?

HEUR, VEQ, ESTX, and IEU are 4 Australian-listed ETFs we compare side by side. VEQ carries the lowest management fee (0.35%). Over 10 years, ESTX has delivered the highest total return (11.4% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lowest fees - HEUR vs VEQ vs ESTX vs IEU?

VEQ has the lowest management fee at 0.35% a year, versus HEUR 0.56%, ESTX 0.35%, and IEU 0.59%.

Which has performed highest - HEUR vs VEQ vs ESTX vs IEU?

Over the past 10 years, ESTX has delivered the highest total return at 11.4% a year. Past performance is not a reliable indicator of future returns.

Which pays the highest dividend yield?

IEU pays the highest at 8.44%. Remember distributions are taxed each year at your marginal rate.

Which is the largest and most liquid?

IEU is the largest fund by assets ($1.2bn). 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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