At a glance
Side-by-side comparison
| Metric |
MVB
VanEck Australian Banks ETF
|
OZXX
Global X Australia Ex Financials & Resources ETF
|
|---|---|---|
| Snapshot | ||
| Provider |
VanEck
|
Global X
|
| Tracks index |
—
|
—
|
| Categories |
AU, Thematic
|
AU, Thematic
|
| Listed since |
—
|
—
|
| Fund size (AUM) |
$296m
|
$7m
|
| Cost & income | ||
| Management fee |
0.28%
|
0.25%
|
| Dividend yield |
4.42%
|
4.69%
|
| Franking |
92%
|
15%
|
| Turnover |
15%
|
25%
|
| Tax drag | 0.59% | 1.9% |
| Returns |
Tax bracket
|
|
| 1-year return |
2.9%
net
|
-7.2%
net
|
| 3-year return |
19.8%
net
|
5.9%
net
|
| 5-year return |
11.9%
net
|
—
|
| 10-year return |
10.5%
net
|
—
|
| Risk | ||
| Volatility (3y) |
15.8%
|
11.7%
|
| Volatility (5y) |
18.4%
|
—
|
| Volatility (10y) |
19.5%
|
—
|
| Sharpe ratio (3y) |
0.97
|
0.19
|
| Sharpe ratio (5y) |
0.52
|
—
|
| Sharpe ratio (10y) |
0.5
|
—
|
| 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
- Top-18% returns over 3 years (42nd of 236 ETFs we track).
- Low-cost: a 0.28% management fee keeps more of the return in your pocket.
- Cheaper alternatives exist: OZXX.
- Low-cost: a 0.25% management fee keeps more of the return in your pocket.
- Pays a useful 4.69% income yield.
- Has lagged most peers over 1 year (285th of 318).
Frequently Asked Questions
MVB and OZXX are 2 Australian-listed ETFs we compare side by side. OZXX carries the lower management fee (0.25%). Over 3 years, MVB has delivered the higher total return (19.8% a year). The table above breaks down fees, returns, income and risk for each.
OZXX has the lower management fee at 0.25% a year, versus MVB 0.28%.
Over the past 3 years, MVB has delivered the higher total return at 19.8% a year. Past performance is not a reliable indicator of future returns.
OZXX pays the higher at 4.69%. Remember distributions are taxed each year at your marginal rate.
MVB is the larger fund by assets ($296m). 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.