Grow it · ETFs

MQIO vs VCF

Compare fees, returns, income and risk for these 2 ASX-listed ETFs side by side.

At a glance

Comparing MQIO and VCF. VCF has the lower management fee at 0.3% a year and VCF offers the higher at 10.08%.
Lower fee
VCF 0.3% p.a.
Higher yield
VCF 10.08%
Larger fund
VCF $173m

Side-by-side comparison

Metric MQIO
Macquarie Income Opportunities Active ETF
VCF
Vanguard International Credit Securities Index (Hedged) ETF
Snapshot
Provider
—
Vanguard
Tracks index
—
Bloomberg Global Aggregate Credit Float Adjusted Index (AUD Hedged)
Categories
Bonds, Intl, Active
Intl, Market-Cap
Listed since
—
2017 (9 yrs)
Fund size (AUM)
$103m
$173m
Cost & income
Management fee
0.49%
0.3%
Dividend yield
—
10.08%
Franking
0%
0%
Turnover
—
20%
Tax drag — 3.71%
Returns
Tax bracket
1-year return
—
-0.9%
net
3-year return
—
4.2%
net
5-year return
—
-0.8%
net
10-year return
—
1.2%
net
Risk
Volatility (3y)
—
4.6%
Volatility (5y)
—
6%
Volatility (10y)
—
5.3%
Sharpe ratio (3y)
—
0.1
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

MQIO Macquarie Income Opportunities Active ETF
  • Cheaper alternatives exist: VBND, VIF, and VCF.
VCF Vanguard International Credit Securities Index (Hedged) ETF
  • Low-cost: a 0.3% management fee keeps more of the return in your pocket.
  • High 10.08% income yield — good for investors who want regular cash flow.
  • Has lagged most peers over 10 years (102nd of 110).

Frequently Asked Questions

What's the difference between MQIO vs VCF?

MQIO and VCF are 2 Australian-listed ETFs we compare side by side. VCF carries the lower management fee (0.3%). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - MQIO vs VCF?

VCF has the lower management fee at 0.3% a year, versus MQIO 0.49%.

Which pays the higher dividend yield?

VCF pays the higher at 10.08%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

VCF is the larger fund by assets ($173m). 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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