Grow it · ETFs

SYI vs VHY

Compare fees, returns, income and risk for these 2 ASX-listed ETFs side by side.

At a glance

Comparing SYI and VHY. SYI has the lower management fee at 0.2% a year, VHY has the higher 10 years return at 10.2% a year, and SYI offers the higher at 7.36%.
Lower fee
SYI 0.2% p.a.
Higher 10 years return
VHY 10.2% p.a.
Higher yield
SYI 7.36%
Higher risk-adjusted
VHY Sharpe 0.63 (10y)
Lower volatility
VHY 13.4% (10y)
Larger fund
VHY $8bn

Side-by-side comparison

Metric SYI
State Street SPDR MSCI Australia Select High Dividend Yield ETF
VHY
Vanguard Australian Shares High Yield ETF
Snapshot
Provider
State Street
Vanguard
Tracks index
MSCI Australia Select High Dividend Yield Index
FTSE Australia High Dividend Yield Index
Categories
AU, Dividend, Factor
AU, Dividend
Listed since
2010 (16 yrs)
2011 (15 yrs)
Fund size (AUM)
$705m
$8bn
Cost & income
Management fee
0.2%
0.25%
Dividend yield
7.36%
3.47%
Franking
85%
85%
Turnover
25%
20%
Tax drag 1.13% 0.73%
Returns
Tax bracket
1-year return
15%
net
17.9%
net
3-year return
13%
net
14.4%
net
5-year return
9.8%
net
11.5%
net
10-year return
8.8%
net
10.2%
net
Risk
Volatility (3y)
9.2%
9.5%
Volatility (5y)
12.2%
11.7%
Volatility (10y)
13.8%
13.4%
Sharpe ratio (3y)
0.93
1.04
Sharpe ratio (5y)
0.57
0.72
Sharpe ratio (10y)
0.53
0.63
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.
VHY Vanguard Australian Shares High Yield ETF
  • Top-19% returns over 5 years (35th of 188 ETFs we track).
  • Low-cost: a 0.25% management fee keeps more of the return in your pocket.
  • Cheaper alternatives exist: IOZ, VAS, and SYI.

Frequently Asked Questions

What's the difference between SYI vs VHY?

SYI and VHY are 2 Australian-listed ETFs we compare side by side. SYI carries the lower management fee (0.2%). Over 10 years, VHY has delivered the higher total return (10.2% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - SYI vs VHY?

SYI has the lower management fee at 0.2% a year, versus VHY 0.25%.

Which has performed higher - SYI vs VHY?

Over the past 10 years, VHY has delivered the higher total return at 10.2% 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?

VHY is the larger fund by assets ($8bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

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.

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