At a glance
Side-by-side comparison
| Metric |
OZXX
Global X Australia Ex Financials & Resources ETF
|
MVB
VanEck Australian Banks ETF
|
|---|---|---|
| Snapshot | ||
| Provider |
Global X
|
VanEck
|
| Tracks index |
—
|
—
|
| Categories |
AU, Thematic
|
AU, Thematic
|
| Listed since |
—
|
—
|
| Fund size (AUM) |
$7m
|
$310m
|
| Cost & income | ||
| Management fee |
0.25%
|
0.28%
|
| Dividend yield |
5.2%
|
4.27%
|
| Franking |
15%
|
92%
|
| Turnover |
25%
|
15%
|
| Tax drag | 2.04% | 0.58% |
| Returns |
Tax bracket
|
|
| 1-year return |
-10.3%
net
|
16%
net
|
| 3-year return |
4.1%
net
|
21.1%
net
|
| 5-year return |
—
|
14.6%
net
|
| 10-year return |
—
|
11.4%
net
|
| Risk | ||
| Volatility (3y) |
11.9%
|
15.4%
|
| Volatility (5y) |
—
|
18.3%
|
| Volatility (10y) |
—
|
19.4%
|
| Sharpe ratio (3y) |
0.1
|
1.06
|
| Sharpe ratio (5y) |
—
|
0.67
|
| Sharpe ratio (10y) |
—
|
0.55
|
| 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
- Low-cost: a 0.25% management fee keeps more of the return in your pocket.
- Pays a useful 5.2% income yield.
- Has lagged most peers over 1 year (290th of 308).
- Top-10% returns over 5 years (18th of 188 ETFs we track).
- Low-cost: a 0.28% management fee keeps more of the return in your pocket.
- Cheaper alternatives exist: OZXX.
Frequently Asked Questions
OZXX and MVB 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 (21.1% 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 21.1% a year. Past performance is not a reliable indicator of future returns.
OZXX pays the higher at 5.2%. Remember distributions are taxed each year at your marginal rate.
MVB is the larger fund by assets ($310m). 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.