QFN vs MVB vs OZF vs OZXX - Compare ETFs side by side

At a glance

Comparing QFN, MVB, OZF, and OZXX. OZXX has the lowest management fee at 0.25% a year, MVB has the highest 10 years return at 10.5% a year, and OZXX offers the highest at 4.69%.

Lowest fee

OZXX 0.25% p.a.

Highest 10 years return

MVB 10.5% p.a.

Highest yield

OZXX 4.69%

Highest risk-adjusted

MVB Sharpe 0.5 (10y)

Lowest volatility

QFN 17.9% (10y)

Largest fund

MVB $296m

Side-by-side comparison

Metric	QFN BetaShares Financials Sector ETF	MVB VanEck Australian Banks ETF	OZF State Street SPDR S&P/ASX 200 Financials ex AREIT ETF	OZXX Global X Australia Ex Financials & Resources ETF
Snapshot
Provider	BetaShares	VanEck	State Street	Global X
Tracks index	S&P/ASX 200 Financials-x-A-REIT Index	—	S&P/ASX 200 Financials Ex A-REIT Index	—
Categories	AU, Thematic	AU, Thematic	AU, Thematic	AU, Thematic
Listed since	—	—	—	—
Fund size (AUM)	$74m	$296m	$34m	$7m
Cost & income
Management fee	0.34%	0.28%	0.34%	0.25%
Dividend yield	2.17%	4.42%	2.97%	4.69%
Franking	90%	92%	90%	15%
Turnover	15%	15%	18%	25%
Tax drag	0.49%	0.59%	0.6%	1.9%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	-0.4% net	2.9% net	-0.8% net	-7.2% net
3-year return	17.7% net	19.8% net	17.7% net	5.9% net
5-year return	10.5% net	11.9% net	10.5% net	—
10-year return	8.9% net	10.5% net	9% net	—
Risk
Volatility (3y)	14.8%	15.8%	14.9%	11.7%
Volatility (5y)	17%	18.4%	17%	—
Volatility (10y)	17.9%	19.5%	17.9%	—
Sharpe ratio (3y)	0.9	0.97	0.89	0.19
Sharpe ratio (5y)	0.48	0.52	0.48	—
Sharpe ratio (10y)	0.45	0.5	0.45	—
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

QFN BetaShares Financials Sector ETF

Top-24% returns over 3 years (57th of 236 ETFs we track).
Low-cost: a 0.34% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: OZXX and MVB.

Full QFN analysis →

MVB VanEck Australian Banks ETF

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.

Full MVB analysis →

OZF State Street SPDR S&P/ASX 200 Financials ex AREIT ETF

Top-25% returns over 3 years (58th of 236 ETFs we track).
Low-cost: a 0.34% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: OZXX and MVB.

Full OZF analysis →

OZXX Global X Australia Ex Financials & Resources ETF

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).

Full OZXX analysis →

Frequently Asked Questions

What's the difference between QFN vs MVB vs OZF vs OZXX?

QFN, MVB, OZF, and OZXX are 4 Australian-listed ETFs we compare side by side. OZXX carries the lowest management fee (0.25%). Over 10 years, MVB has delivered the highest total return (10.5% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lowest fees - QFN vs MVB vs OZF vs OZXX?

OZXX has the lowest management fee at 0.25% a year, versus QFN 0.34%, MVB 0.28%, and OZF 0.34%.

Which has performed highest - QFN vs MVB vs OZF vs OZXX?

Over the past 10 years, MVB has delivered the highest total return at 10.5% a year. Past performance is not a reliable indicator of future returns.

Which pays the highest dividend yield?

OZXX pays the highest at 4.69%. Remember distributions are taxed each year at your marginal rate.

Which is the largest and most liquid?

MVB is the largest fund by assets ($296m). Larger funds are typically more liquid and trade on tighter spreads.

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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.