IOZ vs VLC - Compare ETFs side by side

At a glance

Comparing IOZ and VLC. IOZ has the lower management fee at 0.05% a year, VLC has the higher 10 years return at 9.8% a year, and IOZ offers the higher at 3.37%.

Lower fee

IOZ 0.05% p.a.

Higher 10 years return

VLC 9.8% p.a.

Higher yield

IOZ 3.37%

Higher risk-adjusted

VLC Sharpe 0.61 (10y)

Lower volatility

VLC 13.2% (10y)

Larger fund

IOZ $9.3bn

Side-by-side comparison

Metric	IOZ iShares Core S&P/ASX 200 ETF	VLC Vanguard MSCI Australian Large Companies Index ETF
Snapshot
Provider	iShares	Vanguard
Tracks index	S&P/ASX 200 Index	MSCI Australian Shares Large Cap Index
Categories	AU, Large-Cap, Market-Cap	AU, Large-Cap, Market-Cap
Listed since	2010 (16 yrs)	2011 (15 yrs)
Fund size (AUM)	$9.3bn	$323m
Cost & income
Management fee	0.05%	0.2%
Dividend yield	3.37%	3.05%
Franking	80%	80%
Turnover	3%	5%
Tax drag	0.36%	0.38%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	5.9% net	10.9% net
3-year return	10.3% net	12.5% net
5-year return	7.9% net	9.4% net
10-year return	8.9% net	9.8% net
Risk
Volatility (3y)	10.7%	11.4%
Volatility (5y)	12.4%	12.7%
Volatility (10y)	13.3%	13.2%
Sharpe ratio (3y)	0.59	0.74
Sharpe ratio (5y)	0.42	0.52
Sharpe ratio (10y)	0.55	0.61
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

IOZ iShares Core S&P/ASX 200 ETF

Low-cost: a 0.05% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: MQAE and A200.

Full IOZ analysis →

VLC Vanguard MSCI Australian Large Companies Index ETF

Low-cost: a 0.2% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: IOZ and VAS.

Full VLC analysis →

Frequently Asked Questions

What's the difference between IOZ vs VLC?

IOZ and VLC are 2 Australian-listed ETFs we compare side by side. IOZ carries the lower management fee (0.05%). Over 10 years, VLC has delivered the higher total return (9.8% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - IOZ vs VLC?

IOZ has the lower management fee at 0.05% a year, versus VLC 0.2%.

Which has performed higher - IOZ vs VLC?

Over the past 10 years, VLC has delivered the higher total return at 9.8% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

IOZ pays the higher at 3.37%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

IOZ is the larger fund by assets ($9.3bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

IOZ vs STW IOZ vs VAS IOZ vs A200 IOZ vs MQAE IOZ vs QOZ IOZ vs FHCO IOZ vs MVW VLC vs ILC

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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.