Grow it · ETFs

VHY vs VAS

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

At a glance

Comparing VHY and VAS. VAS has the lower management fee at 0.07% a year, VHY has the higher 10 years return at 10.2% a year, and VHY offers the higher at 3.47%.
Lower fee
VAS 0.07% p.a.
Higher 10 years return
VHY 10.2% p.a.
Higher yield
VHY 3.47%
Higher risk-adjusted
VHY Sharpe 0.63 (10y)
Lower volatility
VAS 13.4% (10y)
Larger fund
VAS $26.2bn

Side-by-side comparison

Metric VHY
Vanguard Australian Shares High Yield ETF
VAS
Vanguard Australian Shares Index ETF
Snapshot
Provider
Vanguard
Vanguard
Tracks index
FTSE Australia High Dividend Yield Index
S&P/ASX 300 Index
Categories
AU, Dividend
AU, Large-Cap, Market-Cap
Listed since
2011 (15 yrs)
2009 (17 yrs)
Fund size (AUM)
$8bn
$26.2bn
Cost & income
Management fee
0.25%
0.07%
Dividend yield
3.47%
2.93%
Franking
85%
75%
Turnover
20%
4%
Tax drag 0.73% 0.39%
Returns
Tax bracket
1-year return
17.9%
net
5.8%
net
3-year return
14.4%
net
10.2%
net
5-year return
11.5%
net
7.8%
net
10-year return
10.2%
net
8.9%
net
Risk
Volatility (3y)
9.5%
10.7%
Volatility (5y)
11.7%
12.5%
Volatility (10y)
13.4%
13.4%
Sharpe ratio (3y)
1.04
0.58
Sharpe ratio (5y)
0.72
0.41
Sharpe ratio (10y)
0.63
0.54
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.
VAS Vanguard Australian Shares Index ETF
  • Low-cost: a 0.07% management fee keeps more of the return in your pocket.
  • Cheaper alternatives exist: MQAE, A200, and IOZ.

Frequently Asked Questions

What's the difference between VHY vs VAS?

VHY and VAS are 2 Australian-listed ETFs we compare side by side. VAS carries the lower management fee (0.07%). 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 - VHY vs VAS?

VAS has the lower management fee at 0.07% a year, versus VHY 0.25%.

Which has performed higher - VHY vs VAS?

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?

VHY pays the higher at 3.47%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

VAS is the larger fund by assets ($26.2bn). 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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