VGB vs 5GOV - Compare ETFs side by side

At a glance

Comparing VGB and 5GOV. VGB has the lower management fee at 0.16% a year, 5GOV has the higher 3 years return at 3.3% a year, and VGB offers the higher at 3.32%.

Lower fee

VGB 0.16% p.a.

Higher 3 years return

5GOV 3.3% p.a.

Higher yield

VGB 3.32%

Lower volatility

VGB 4.2% (3y)

Larger fund

VGB $1.4bn

Side-by-side comparison

Metric	VGB Vanguard Australian Government Bond Index ETF	5GOV VanEck 5-10 Year Australian Government Bond ETF
Snapshot
Provider	Vanguard	VanEck
Tracks index	Bloomberg AusBond Govt 0+ Yr Index	—
Categories	AU, Bonds	Bonds, AU
Listed since	2012 (14 yrs)	—
Fund size (AUM)	$1.4bn	$53m
Cost & income
Management fee	0.16%	0.22%
Dividend yield	3.32%	2.81%
Franking	0%	0%
Turnover	25%	30%
Tax drag	1.66%	1.62%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	-0.9% net	-1.9% net
3-year return	3.2% net	3.3% net
5-year return	-0.5% net	—
10-year return	1.1% net	—
Risk
Volatility (3y)	4.2%	5.3%
Volatility (5y)	5.8%	—
Volatility (10y)	4.9%	—
Sharpe ratio (3y)	—	—
Sharpe ratio (5y)	—	—
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

VGB Vanguard Australian Government Bond Index ETF

Low-cost: a 0.16% management fee keeps more of the return in your pocket.
Low volatility (4.85% over 10 years) for a smoother ride.

Has lagged most peers over 10 years (104th of 110).

Full VGB analysis →

5GOV VanEck 5-10 Year Australian Government Bond ETF

Low-cost: a 0.22% management fee keeps more of the return in your pocket.
Low volatility (5.34% over 3 years) for a smoother ride.

Has lagged most peers over 3 years (207th of 236).

Full 5GOV analysis →

Frequently Asked Questions

What's the difference between VGB vs 5GOV?

VGB and 5GOV are 2 Australian-listed ETFs we compare side by side. VGB carries the lower management fee (0.16%). Over 3 years, 5GOV has delivered the higher total return (3.3% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - VGB vs 5GOV?

VGB has the lower management fee at 0.16% a year, versus 5GOV 0.22%.

Which has performed higher - VGB vs 5GOV?

Over the past 3 years, 5GOV has delivered the higher total return at 3.3% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

VGB pays the higher at 3.32%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

VGB is the larger fund by assets ($1.4bn). Larger funds are typically more liquid and trade on tighter spreads.

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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.