Grow it · ETFs

VHY vs AQLT

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

At a glance

Comparing VHY and AQLT. VHY has the lower management fee at 0.25% a year, AQLT has the higher 3 years return at 16.2% a year, and AQLT offers the higher at 4.15%.
Lower fee
VHY 0.25% p.a.
Higher 3 years return
AQLT 16.2% p.a.
Higher yield
AQLT 4.15%
Higher risk-adjusted
VHY Sharpe 1.04 (3y)
Lower volatility
VHY 9.5% (3y)
Larger fund
VHY $8bn

Side-by-side comparison

Metric VHY
Vanguard Australian Shares High Yield ETF
AQLT
BetaShares Australian Quality ETF
Snapshot
Provider
Vanguard
BetaShares
Tracks index
FTSE Australia High Dividend Yield Index
Solactive Australia Quality Select Index
Categories
AU, Dividend
AU, Factor, Quality
Listed since
2011 (15 yrs)
2022 (4 yrs)
Fund size (AUM)
$8bn
$1.4bn
Cost & income
Management fee
0.25%
0.35%
Dividend yield
3.47%
4.15%
Franking
85%
80%
Turnover
20%
25%
Tax drag 0.73% 0.96%
Returns
Tax bracket
1-year return
17.9%
net
6.7%
net
3-year return
14.4%
net
16.2%
net
5-year return
11.5%
net
10-year return
10.2%
net
Risk
Volatility (3y)
9.5%
12.3%
Volatility (5y)
11.7%
Volatility (10y)
13.4%
Sharpe ratio (3y)
1.04
0.96
Sharpe ratio (5y)
0.72
Sharpe ratio (10y)
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

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.
AQLT BetaShares Australian Quality ETF
  • Top-23% returns over 3 years (52nd of 226 ETFs we track).
  • Low-cost: a 0.35% management fee keeps more of the return in your pocket.
  • Pricier than similar ETFs, which average around 0.34%.

Frequently Asked Questions

What's the difference between VHY vs AQLT?

VHY and AQLT are 2 Australian-listed ETFs we compare side by side. VHY carries the lower management fee (0.25%). Over 3 years, AQLT has delivered the higher total return (16.2% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - VHY vs AQLT?

VHY has the lower management fee at 0.25% a year, versus AQLT 0.35%.

Which has performed higher - VHY vs AQLT?

Over the past 3 years, AQLT has delivered the higher total return at 16.2% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

AQLT pays the higher at 4.15%. 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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