VHY vs ZYAU - Compare ETFs side by side

At a glance

Comparing VHY and ZYAU. ZYAU has the lower management fee at 0.24% a year, VHY has the higher 10 years return at 10.2% a year, and VHY offers the higher at 3.51%.

Lower fee

ZYAU 0.24% p.a.

Higher 10 years return

VHY 10.2% p.a.

Higher yield

VHY 3.51%

Higher risk-adjusted

VHY Sharpe 0.63 (10y)

Lower volatility

VHY 13.4% (10y)

Larger fund

VHY $8.2bn

Side-by-side comparison

Metric	VHY Vanguard Australian Shares High Yield ETF	ZYAU Global X S&P/ASX 200 High Dividend ETF
Snapshot
Provider	Vanguard	Global X
Tracks index	FTSE Australia High Dividend Yield Index	—
Categories	AU, Dividend	AU, Thematic, Dividend
Listed since	2011 (15 yrs)	—
Fund size (AUM)	$8.2bn	$100m
Cost & income
Management fee	0.25%	0.24%
Dividend yield	3.51%	2.99%
Franking	85%	85%
Turnover	20%	25%
Tax drag	0.73%	0.82%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	12.3% net	10.5% net
3-year return	14.8% net	13% net
5-year return	11.9% net	5.9% net
10-year return	10.2% net	5.4% net
Risk
Volatility (3y)	9.4%	9.5%
Volatility (5y)	11.7%	12.1%
Volatility (10y)	13.4%	13.9%
Sharpe ratio (3y)	1.09	0.91
Sharpe ratio (5y)	0.74	0.26
Sharpe ratio (10y)	0.63	0.29
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-20% returns over 5 years (37th of 189 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.

Full VHY analysis →

ZYAU Global X S&P/ASX 200 High Dividend ETF

Low-cost: a 0.24% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: SYI and IHD.

Full ZYAU analysis →

Frequently Asked Questions

What's the difference between VHY vs ZYAU?

VHY and ZYAU are 2 Australian-listed ETFs we compare side by side. ZYAU carries the lower management fee (0.24%). 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 ZYAU?

ZYAU has the lower management fee at 0.24% a year, versus VHY 0.25%.

Which has performed higher - VHY vs ZYAU?

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 3.51%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

VHY is the larger fund by assets ($8.2bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

VHY vs SYI VHY vs IHD VHY vs IOZ VHY vs VAS VHY vs AQLT VHY vs R3AL VHY vs WDIV ZYAU vs SYI

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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.