IAF vs VAF - Compare ETFs side by side

At a glance

Comparing IAF and VAF. IAF has the lower management fee at 0.1% a year, IAF has the higher 10 years return at 1.5% a year, and VAF offers the higher at 3.24%.

Lower fee

IAF 0.1% p.a.

Higher 10 years return

IAF 1.5% p.a.

Higher yield

VAF 3.24%

Lower volatility

IAF 4.5% (10y)

Larger fund

VAF $3.8bn

Side-by-side comparison

Metric	IAF iShares Core Composite Bond ETF	VAF Vanguard Australian Fixed Interest Index ETF
Snapshot
Provider	iShares	Vanguard
Tracks index	Bloomberg AusBond Composite 0+ Yr Index	Bloomberg AusBond Composite 0+ Yr Index
Categories	AU, Bonds	AU, Bonds
Listed since	2012 (14 yrs)	2012 (14 yrs)
Fund size (AUM)	$3.8bn	$3.8bn
Cost & income
Management fee	0.1%	0.1%
Dividend yield	3.15%	3.24%
Franking	0%	0%
Turnover	35%	30%
Tax drag	1.85%	1.76%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	1% net	1% net
3-year return	3.6% net	3.6% net
5-year return	-0.2% net	-0.2% net
10-year return	1.5% net	1.5% net
Risk
Volatility (3y)	4%	4%
Volatility (5y)	5.4%	5.4%
Volatility (10y)	4.5%	4.5%
Sharpe ratio (3y)	—	—
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

IAF iShares Core Composite Bond ETF

Low-cost: a 0.1% management fee keeps more of the return in your pocket.
Low volatility (4.45% over 10 years) for a smoother ride.

Has lagged most peers over 10 years (97th of 108).

Full IAF analysis →

VAF Vanguard Australian Fixed Interest Index ETF

Low-cost: a 0.1% management fee keeps more of the return in your pocket.
Low volatility (4.45% over 10 years) for a smoother ride.

Has lagged most peers over 10 years (97th of 108).

Full VAF analysis →

Frequently Asked Questions

What's the difference between IAF vs VAF?

IAF and VAF are 2 Australian-listed ETFs we compare side by side. IAF carries the lower management fee (0.1%). Over 10 years, IAF has delivered the higher total return (1.5% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - IAF vs VAF?

IAF has the lower management fee at 0.1% a year, versus VAF 0.1%.

Which has performed higher - IAF vs VAF?

Over the past 10 years, IAF has delivered the higher total return at 1.5% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

VAF pays the higher at 3.24%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

VAF is the larger fund by assets ($3.8bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

IAF vs OZBD IAF vs VGB IAF vs BNDS IAF vs VCF IAF vs VIF IAF vs ILB VAF vs OZBD VAF vs VGB

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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.