MQSD vs SUBD - Compare ETFs side by side

At a glance

Comparing MQSD and SUBD. MQSD has the lower management fee at 0.29% a year, MQSD has the higher 1 year return at 5.6% a year, and MQSD offers the higher at 5.45%.

Lower fee

MQSD 0.29% p.a.

Higher 1 year return

MQSD 5.6% p.a.

Higher yield

MQSD 5.45%

Larger fund

SUBD $4bn

Side-by-side comparison

Metric	MQSD Macquarie Subordinated Debt Active ETF	SUBD VanEck Australian Subordinated Debt ETF
Snapshot
Provider	—	VanEck
Tracks index	—	—
Categories	Bonds, AU, Active	Bonds, AU
Listed since	—	—
Fund size (AUM)	$1.1bn	$4bn
Cost & income
Management fee	0.29%	0.29%
Dividend yield	5.45%	5.42%
Franking	0%	0%
Turnover	30%	20%
Tax drag	2.46%	2.21%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	5.6% net	5.2% net
3-year return	—	6.2% net
5-year return	—	4.8% net
10-year return	—	—
Risk
Volatility (3y)	—	0.8%
Volatility (5y)	—	1.3%
Volatility (10y)	—	—
Sharpe ratio (3y)	—	2.32
Sharpe ratio (5y)	—	1.22
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

MQSD Macquarie Subordinated Debt Active ETF

Low-cost: a 0.29% management fee keeps more of the return in your pocket.
Pays a useful 5.45% income yield.

Full MQSD analysis →

SUBD VanEck Australian Subordinated Debt ETF

Low-cost: a 0.29% management fee keeps more of the return in your pocket.
Pays a useful 5.42% income yield.

Full SUBD analysis →

Frequently Asked Questions

What's the difference between MQSD vs SUBD?

MQSD and SUBD are 2 Australian-listed ETFs we compare side by side. MQSD carries the lower management fee (0.29%). Over 1 year, MQSD has delivered the higher total return (5.6% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - MQSD vs SUBD?

MQSD has the lower management fee at 0.29% a year, versus SUBD 0.29%.

Which has performed higher - MQSD vs SUBD?

Over the past 1 year, MQSD has delivered the higher total return at 5.6% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

MQSD pays the higher at 5.45%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

SUBD is the larger fund by assets ($4bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

MQSD vs BSUB MQSD vs FSUB SUBD vs BSUB SUBD vs FSUB

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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.