VAE vs IAA vs IZZ vs VGE - Compare ETFs side by side

At a glance

Comparing VAE, IAA, IZZ, and VGE. IAA has the lowest management fee at 0.29% a year, IAA has the highest 10 years return at 14.5% a year, and IZZ offers the highest at 1.8%.

Lowest fee

IAA 0.29% p.a.

Highest 10 years return

IAA 14.5% p.a.

Highest yield

IZZ 1.8%

Highest risk-adjusted

IAA Sharpe 0.72 (10y)

Lowest volatility

VGE 10.3% (10y)

Largest fund

VGE $2bn

Side-by-side comparison

Metric	VAE Vanguard FTSE Asia ex Japan Shares Index ETF	IAA iShares Asia 50 ETF	IZZ iShares China Large-Cap ETF	VGE Vanguard FTSE Emerging Markets Shares ETF
Snapshot
Provider	Vanguard	iShares	iShares	Vanguard
Tracks index	FTSE Asia Pacific ex Japan, Australia and New Zealand Index	MSCI AC Asia 50 Index	FTSE China 50 Index	FTSE Emerging Markets All Cap China A Inclusion Index
Categories	Asia, EM, Market-Cap	Asia, Large-Cap, Market-Cap	EM, Asia, Large-Cap, Market-Cap	EM, Market-Cap
Listed since	2015 (11 yrs)	2007 (19 yrs)	2007 (19 yrs)	2013 (13 yrs)
Fund size (AUM)	$760m	$1.7bn	$457m	$2bn
Cost & income
Management fee	0.4%	0.29%	0.6%	0.48%
Dividend yield	1.4%	1.54%	1.8%	1.77%
Franking	0%	0%	0%	0%
Turnover	5%	5%	25%	10%
Tax drag	0.57%	0.61%	1.18%	0.81%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	24.1% net	54.3% net	-9.4% net	10% net
3-year return	17.7% net	30.8% net	7.2% net	11.8% net
5-year return	8.9% net	13.8% net	0.9% net	6.1% net
10-year return	10.2% net	14.5% net	3.4% net	7.7% net
Risk
Volatility (3y)	14.2%	21%	22.1%	8.4%
Volatility (5y)	14.4%	22.4%	27.1%	10.5%
Volatility (10y)	12.5%	18%	21.5%	10.3%
Sharpe ratio (3y)	0.94	1.2	0.23	0.88
Sharpe ratio (5y)	0.44	0.55	—	0.32
Sharpe ratio (10y)	0.67	0.72	0.16	0.56
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

VAE Vanguard FTSE Asia ex Japan Shares Index ETF

Top-11% returns over 1 year (33rd of 308 ETFs we track).
Low-cost: a 0.4% management fee keeps more of the return in your pocket.

Pricier than similar ETFs, which average around 0.3%.

Full VAE analysis →

IAA iShares Asia 50 ETF

Top-3% returns over 3 years (7th of 226 ETFs we track).
Low-cost: a 0.29% management fee keeps more of the return in your pocket.

Full IAA analysis →

IZZ iShares China Large-Cap ETF

Has lagged most peers over 1 year (288th of 308).

Full IZZ analysis →

VGE Vanguard FTSE Emerging Markets Shares ETF

Pricier than similar ETFs, which average around 0.28%.

Full VGE analysis →

Frequently Asked Questions

What's the difference between VAE vs IAA vs IZZ vs VGE?

VAE, IAA, IZZ, and VGE are 4 Australian-listed ETFs we compare side by side. IAA carries the lowest management fee (0.29%). Over 10 years, IAA has delivered the highest total return (14.5% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lowest fees - VAE vs IAA vs IZZ vs VGE?

IAA has the lowest management fee at 0.29% a year, versus VAE 0.4%, IZZ 0.6%, and VGE 0.48%.

Which has performed highest - VAE vs IAA vs IZZ vs VGE?

Over the past 10 years, IAA has delivered the highest total return at 14.5% a year. Past performance is not a reliable indicator of future returns.

Which pays the highest dividend yield?

IZZ pays the highest at 1.8%. Remember distributions are taxed each year at your marginal rate.

Which is the largest and most liquid?

VGE is the largest fund by assets ($2bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

VAE vs IJP VAE vs VEU VAE vs ASAO VAE vs EAFZ IAA vs IJP IAA vs ASIA IAA vs ASAO IAA vs EAFZ

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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.