IYLD vs VAF - Compare ETFs side by side

At a glance

Comparing IYLD and VAF. VAF has the lower management fee at 0.1% a year, IYLD has the higher 5 years return at 3.3% a year, and IYLD offers the higher at 4.42%.

Lower fee

VAF 0.1% p.a.

Higher 5 years return

IYLD 3.3% p.a.

Higher yield

IYLD 4.42%

Lower volatility

IYLD 1.5% (5y)

Larger fund

VAF $3.8bn

Side-by-side comparison

Metric	IYLD iShares Yield Plus ETF	VAF Vanguard Australian Fixed Interest Index ETF
Snapshot
Provider	iShares	Vanguard
Tracks index	—	Bloomberg AusBond Composite 0+ Yr Index
Categories	Bonds, AU	AU, Bonds
Listed since	—	2012 (14 yrs)
Fund size (AUM)	$109m	$3.8bn
Cost & income
Management fee	0.12%	0.1%
Dividend yield	4.42%	3.24%
Franking	5%	0%
Turnover	35%	30%
Tax drag	2.19%	1.76%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	3.7% net	1% net
3-year return	5.2% net	3.6% net
5-year return	3.3% net	-0.2% net
10-year return	—	1.5% net
Risk
Volatility (3y)	1%	4%
Volatility (5y)	1.5%	5.4%
Volatility (10y)	—	4.5%
Sharpe ratio (3y)	1.05	—
Sharpe ratio (5y)	0.12	—
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

IYLD iShares Yield Plus ETF

Low-cost: a 0.12% management fee keeps more of the return in your pocket.
Pays a useful 4.42% income yield.

Has lagged most peers over 3 years (173rd of 226).

Full IYLD 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 IYLD vs VAF?

IYLD and VAF are 2 Australian-listed ETFs we compare side by side. VAF carries the lower management fee (0.1%). Over 5 years, IYLD has delivered the higher total return (3.3% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - IYLD vs VAF?

VAF has the lower management fee at 0.1% a year, versus IYLD 0.12%.

Which has performed higher - IYLD vs VAF?

Over the past 5 years, IYLD has delivered the higher total return at 3.3% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

IYLD pays the higher at 4.42%. 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

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

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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.