VGAD vs QHAL - Compare ETFs side by side

At a glance

Comparing VGAD and QHAL. VGAD has the lower management fee at 0.22% a year, VGAD has the higher 5 years return at 10.9% a year, and QHAL offers the higher at 3.44%.

Lower fee

VGAD 0.22% p.a.

Higher 5 years return

VGAD 10.9% p.a.

Higher yield

QHAL 3.44%

Higher risk-adjusted

VGAD Sharpe 0.58 (5y)

Lower volatility

VGAD 14.2% (5y)

Larger fund

VGAD $7.4bn

Side-by-side comparison

Metric	VGAD Vanguard MSCI Index International Shares (Hedged) ETF	QHAL VanEck MSCI International Quality (AUD Hedged) ETF
Snapshot
Provider	Vanguard	VanEck
Tracks index	MSCI World ex Australia Index (AUD Hedged)	MSCI World ex Australia Quality Index (AUD Hedged)
Categories	Intl, Large-Cap, Market-Cap	Intl, Factor, Quality
Listed since	2014 (12 yrs)	2019 (7 yrs)
Fund size (AUM)	$7.4bn	$2.5bn
Cost & income
Management fee	0.22%	0.43%
Dividend yield	2.42%	3.44%
Franking	0%	0%
Turnover	5%	15%
Tax drag	0.89%	1.46%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	19.9% net	18.8% net
3-year return	17.5% net	15.5% net
5-year return	10.9% net	9.3% net
10-year return	12.4% net	—
Risk
Volatility (3y)	11.5%	12.3%
Volatility (5y)	14.2%	15.6%
Volatility (10y)	14%	—
Sharpe ratio (3y)	1.11	0.91
Sharpe ratio (5y)	0.58	0.45
Sharpe ratio (10y)	0.75	—
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

VGAD Vanguard MSCI Index International Shares (Hedged) ETF

Top-16% returns over 1 year (48th of 308 ETFs we track).
Low-cost: a 0.22% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: BGBL, IHVV, and HGBL.

Full VGAD analysis →

QHAL VanEck MSCI International Quality (AUD Hedged) ETF

Top-18% returns over 1 year (55th of 308 ETFs we track).

Cheaper alternatives exist: HGBL, VGAD, and QLTY.

Full QHAL analysis →

Frequently Asked Questions

What's the difference between VGAD vs QHAL?

VGAD and QHAL are 2 Australian-listed ETFs we compare side by side. VGAD carries the lower management fee (0.22%). Over 5 years, VGAD has delivered the higher total return (10.9% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - VGAD vs QHAL?

VGAD has the lower management fee at 0.22% a year, versus QHAL 0.43%.

Which has performed higher - VGAD vs QHAL?

Over the past 5 years, VGAD has delivered the higher total return at 10.9% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

QHAL pays the higher at 3.44%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

VGAD is the larger fund by assets ($7.4bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

VGAD vs HGBL VGAD vs VGS VGAD vs BGBL VGAD vs IHVV VGAD vs GHRP VGAD vs IHOO QHAL vs QUAL QHAL vs QLTY

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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.