QHAL vs VGAD - Compare ETFs side by side

At a glance

Comparing QHAL and VGAD. VGAD has the lower management fee at 0.22% a year, VGAD has the higher 5 years return at 11.5% a year, and QHAL offers the higher at 3.38%.

Lower fee

VGAD 0.22% p.a.

Higher 5 years return

VGAD 11.5% p.a.

Higher yield

QHAL 3.38%

Higher risk-adjusted

VGAD Sharpe 0.61 (5y)

Lower volatility

VGAD 14% (5y)

Larger fund

VGAD $7.9bn

Side-by-side comparison

Metric	QHAL VanEck MSCI International Quality (AUD Hedged) ETF	VGAD Vanguard MSCI Index International Shares (Hedged) ETF
Snapshot
Provider	VanEck	Vanguard
Tracks index	MSCI World ex Australia Quality Index (AUD Hedged)	MSCI World ex Australia Index (AUD Hedged)
Categories	Intl, Factor, Quality	Intl, Large-Cap, Market-Cap
Listed since	2019 (7 yrs)	2014 (12 yrs)
Fund size (AUM)	$2.7bn	$7.9bn
Cost & income
Management fee	0.43%	0.22%
Dividend yield	3.38%	2.38%
Franking	0%	0%
Turnover	15%	5%
Tax drag	1.44%	0.88%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	15.1% net	15.7% net
3-year return	18.3% net	20.5% net
5-year return	10.4% net	11.5% net
10-year return	—	12.5% net
Risk
Volatility (3y)	11.8%	11%
Volatility (5y)	15.2%	14%
Volatility (10y)	—	14.1%
Sharpe ratio (3y)	1.14	1.39
Sharpe ratio (5y)	0.51	0.61
Sharpe ratio (10y)	—	0.75
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

QHAL VanEck MSCI International Quality (AUD Hedged) ETF

Top-20% returns over 1 year (63rd of 318 ETFs we track).

Cheaper alternatives exist: HGBL, VGAD, and QLTY.

Full QHAL analysis →

VGAD Vanguard MSCI Index International Shares (Hedged) ETF

Top-17% returns over 3 years (39th of 236 ETFs we track).
Low-cost: a 0.22% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: BGBL, IHVV, and HGBL.

Full VGAD analysis →

Frequently Asked Questions

What's the difference between QHAL vs VGAD?

QHAL and VGAD are 2 Australian-listed ETFs we compare side by side. VGAD carries the lower management fee (0.22%). Over 5 years, VGAD has delivered the higher total return (11.5% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - QHAL vs VGAD?

VGAD has the lower management fee at 0.22% a year, versus QHAL 0.43%.

Which has performed higher - QHAL vs VGAD?

Over the past 5 years, VGAD has delivered the higher total return at 11.5% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

QHAL pays the higher at 3.38%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

VGAD is the larger fund by assets ($7.9bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

QHAL vs QUAL QHAL vs QLTY QHAL vs HGBL VGAD vs HGBL VGAD vs VGS VGAD vs BGBL VGAD vs IHVV VGAD vs GHRP

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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.