ILB vs VGB - Compare ETFs side by side

At a glance

Comparing ILB and VGB. VGB has the lower management fee at 0.16% a year, ILB has the higher 10 years return at 1.9% a year, and VGB offers the higher at 3.27%.

Lower fee

VGB 0.16% p.a.

Higher 10 years return

ILB 1.9% p.a.

Higher yield

VGB 3.27%

Lower volatility

VGB 4.8% (10y)

Larger fund

VGB $1.4bn

Side-by-side comparison

Metric	ILB iShares Government Inflation ETF	VGB Vanguard Australian Government Bond Index ETF
Snapshot
Provider	iShares	Vanguard
Tracks index	Bloomberg AusBond Govt Inflation 0+ Yr Index	Bloomberg AusBond Govt 0+ Yr Index
Categories	AU, Bonds	AU, Bonds
Listed since	2012 (14 yrs)	2012 (14 yrs)
Fund size (AUM)	$1.4bn	$1.4bn
Cost & income
Management fee	0.18%	0.16%
Dividend yield	1.64%	3.27%
Franking	0%	0%
Turnover	8%	25%
Tax drag	0.72%	1.65%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	2.2% net	0.7% net
3-year return	2.7% net	3.2% net
5-year return	0.1% net	-0.6% net
10-year return	1.9% net	1.3% net
Risk
Volatility (3y)	4.6%	4.3%
Volatility (5y)	7.2%	5.8%
Volatility (10y)	6.3%	4.8%
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

ILB iShares Government Inflation ETF

Low-cost: a 0.18% management fee keeps more of the return in your pocket.
Low volatility (6.34% over 10 years) for a smoother ride.

Has lagged most peers over 3 years (214th of 226).

Full ILB analysis →

VGB Vanguard Australian Government Bond Index ETF

Low-cost: a 0.16% management fee keeps more of the return in your pocket.
Low volatility (4.84% over 10 years) for a smoother ride.

Has lagged most peers over 10 years (102nd of 108).

Full VGB analysis →

Frequently Asked Questions

What's the difference between ILB vs VGB?

ILB and VGB are 2 Australian-listed ETFs we compare side by side. VGB carries the lower management fee (0.16%). Over 10 years, ILB has delivered the higher total return (1.9% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - ILB vs VGB?

VGB has the lower management fee at 0.16% a year, versus ILB 0.18%.

Which has performed higher - ILB vs VGB?

Over the past 10 years, ILB has delivered the higher total return at 1.9% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

VGB pays the higher at 3.27%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

VGB is the larger fund by assets ($1.4bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

ILB vs VAF ILB vs IAF ILB vs XARO VGB vs VAF VGB vs IAF VGB vs VIF VGB vs OZBD VGB vs 1GOV

← 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.