SLF vs VAP vs MVA - Compare ETFs side by side

At a glance

Comparing SLF, VAP, and MVA. SLF has the lowest management fee at 0.16% a year, MVA has the highest 10 years return at 5.5% a year, and MVA offers the highest at 6.05%.

Lowest fee

SLF 0.16% p.a.

Highest 10 years return

MVA 5.5% p.a.

Highest yield

MVA 6.05%

Highest risk-adjusted

MVA Sharpe 0.26 (10y)

Lowest volatility

MVA 20.8% (10y)

Largest fund

VAP $2.8bn

Side-by-side comparison

Metric	SLF State Street SPDR S&P/ASX 200 Listed Property ETF	VAP Vanguard Australian Property Securities Index ETF	MVA VanEck Australian Property ETF
Snapshot
Provider	State Street	Vanguard	VanEck
Tracks index	S&P/ASX 200 A-REIT Index	S&P/ASX 300 A-REIT Index	MVIS Australia A-REITs Index
Categories	AU, Thematic	AU, Thematic, Market-Cap	AU, Thematic
Listed since	—	2010 (16 yrs)	2013 (13 yrs)
Fund size (AUM)	$457m	$2.8bn	$819m
Cost & income
Management fee	0.16%	0.22%	0.35%
Dividend yield	5.32%	3.19%	6.05%
Franking	10%	20%	5%
Turnover	15%	8%	16%
Tax drag	1.91%	1.03%	2.23%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	-14.4% net	-14.3% net	-11.8% net
3-year return	9.2% net	9.1% net	10% net
5-year return	2.7% net	2.6% net	2.8% net
10-year return	4.7% net	5.1% net	5.5% net
Risk
Volatility (3y)	19.1%	18.9%	17.9%
Volatility (5y)	20.8%	20.7%	19.3%
Volatility (10y)	21.2%	21.1%	20.8%
Sharpe ratio (3y)	0.34	0.34	0.39
Sharpe ratio (5y)	0.2	0.2	0.21
Sharpe ratio (10y)	0.23	0.24	0.26
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

SLF State Street SPDR S&P/ASX 200 Listed Property ETF

Low-cost: a 0.16% management fee keeps more of the return in your pocket.
Pays a useful 5.32% income yield.

Has lagged most peers over 1 year (297th of 318).

Full SLF analysis →

VAP Vanguard Australian Property Securities Index ETF

Low-cost: a 0.22% management fee keeps more of the return in your pocket.

Has lagged most peers over 1 year (296th of 318).

Full VAP analysis →

MVA VanEck Australian Property ETF

Low-cost: a 0.35% management fee keeps more of the return in your pocket.
High 6.05% income yield — good for investors who want regular cash flow.

Has lagged most peers over 1 year (293rd of 318).

Full MVA analysis →

Frequently Asked Questions

What's the difference between SLF vs VAP vs MVA?

SLF, VAP, and MVA are 3 Australian-listed ETFs we compare side by side. SLF carries the lowest management fee (0.16%). Over 10 years, MVA has delivered the highest total return (5.5% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lowest fees - SLF vs VAP vs MVA?

SLF has the lowest management fee at 0.16% a year, versus VAP 0.22% and MVA 0.35%.

Which has performed highest - SLF vs VAP vs MVA?

Over the past 10 years, MVA has delivered the highest total return at 5.5% a year. Past performance is not a reliable indicator of future returns.

Which pays the highest dividend yield?

MVA pays the highest at 6.05%. Remember distributions are taxed each year at your marginal rate.

Which is the largest and most liquid?

VAP is the largest fund by assets ($2.8bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

VAP vs DJRE VAP vs REIT VAP vs RCAP MVA vs DJRE MVA vs REIT MVA vs RCAP

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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.