SYI vs R3AL - Compare ETFs side by side

At a glance

Comparing SYI and R3AL. SYI has the lower management fee at 0.2% a year, SYI has the higher 10 years return at 8.8% a year, and SYI offers the higher at 7.36%.

Lower fee

SYI 0.2% p.a.

Higher 10 years return

SYI 8.8% p.a.

Higher yield

SYI 7.36%

Lower volatility

SYI 13.8% (10y)

Larger fund

SYI $705m

Side-by-side comparison

Metric	SYI State Street SPDR MSCI Australia Select High Dividend Yield ETF	R3AL Martin Currie Real Income Fund - Active ETF
Snapshot
Provider	State Street	—
Tracks index	MSCI Australia Select High Dividend Yield Index	—
Categories	AU, Dividend, Factor	AU, Dividend, Active
Listed since	2010 (16 yrs)	—
Fund size (AUM)	$705m	$517m
Cost & income
Management fee	0.2%	0.85%
Dividend yield	7.36%	2.89%
Franking	85%	30%
Turnover	25%	28%
Tax drag	1.13%	1.34%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	15% net	2.2% net
3-year return	13% net	3.3% net
5-year return	9.8% net	0.1% net
10-year return	8.8% net	-0.8% net
Risk
Volatility (3y)	9.2%	10.7%
Volatility (5y)	12.2%	14.2%
Volatility (10y)	13.8%	15.6%
Sharpe ratio (3y)	0.93	—
Sharpe ratio (5y)	0.57	—
Sharpe ratio (10y)	0.53	—
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

SYI State Street SPDR MSCI Australia Select High Dividend Yield ETF

Low-cost: a 0.2% management fee keeps more of the return in your pocket.
High 7.36% income yield — good for investors who want regular cash flow.

Cheaper alternatives exist: IOZ and VAS.

Full SYI analysis →

R3AL Martin Currie Real Income Fund - Active ETF

Has lagged most peers over 10 years (107th of 108).

Full R3AL analysis →

Frequently Asked Questions

What's the difference between SYI vs R3AL?

SYI and R3AL are 2 Australian-listed ETFs we compare side by side. SYI carries the lower management fee (0.2%). Over 10 years, SYI has delivered the higher total return (8.8% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - SYI vs R3AL?

SYI has the lower management fee at 0.2% a year, versus R3AL 0.85%.

Which has performed higher - SYI vs R3AL?

Over the past 10 years, SYI has delivered the higher total return at 8.8% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

SYI pays the higher at 7.36%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

SYI is the larger fund by assets ($705m). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

SYI vs VHY SYI vs IHD SYI vs IOZ SYI vs VAS SYI vs WDIV SYI vs AYLD R3AL vs VHY R3AL vs IHD

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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.