SUBD vs MQSD - Compare ETFs side by side

At a glance

Comparing SUBD and MQSD. SUBD has the lower management fee at 0.29% a year, MQSD has the higher 1 year return at 6.2% a year, and SUBD offers the higher at 5.35%.

Lower fee

SUBD 0.29% p.a.

Higher 1 year return

MQSD 6.2% p.a.

Higher yield

SUBD 5.35%

Larger fund

SUBD $3.7bn

Side-by-side comparison

Metric	SUBD VanEck Australian Subordinated Debt ETF	MQSD Macquarie Subordinated Debt Active ETF
Snapshot
Provider	VanEck	—
Tracks index	—	—
Categories	Bonds, AU	Bonds, AU, Active
Listed since	—	—
Fund size (AUM)	$3.7bn	$958m
Cost & income
Management fee	0.29%	0.29%
Dividend yield	5.35%	5.33%
Franking	0%	0%
Turnover	20%	30%
Tax drag	2.19%	2.43%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	5.7% net	6.2% net
3-year return	6.2% net	—
5-year return	4.6% net	—
10-year return	—	—
Risk
Volatility (3y)	0.8%	—
Volatility (5y)	1.3%	—
Volatility (10y)	—	—
Sharpe ratio (3y)	2.44	—
Sharpe ratio (5y)	1.25	—
Sharpe ratio (10y)	—	—
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

SUBD VanEck Australian Subordinated Debt ETF

Low-cost: a 0.29% management fee keeps more of the return in your pocket.
Pays a useful 5.35% income yield.

Full SUBD analysis →

MQSD Macquarie Subordinated Debt Active ETF

Low-cost: a 0.29% management fee keeps more of the return in your pocket.
Pays a useful 5.33% income yield.

Full MQSD analysis →

Frequently Asked Questions

What's the difference between SUBD vs MQSD?

SUBD and MQSD are 2 Australian-listed ETFs we compare side by side. SUBD carries the lower management fee (0.29%). Over 1 year, MQSD has delivered the higher total return (6.2% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - SUBD vs MQSD?

SUBD has the lower management fee at 0.29% a year, versus MQSD 0.29%.

Which has performed higher - SUBD vs MQSD?

Over the past 1 year, MQSD has delivered the higher total return at 6.2% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

SUBD pays the higher at 5.35%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

SUBD is the larger fund by assets ($3.7bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

SUBD vs BSUB SUBD vs FSUB MQSD vs BSUB MQSD vs FSUB

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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.