XX20 vs MQAE - Compare ETFs side by side

At a glance

Comparing XX20 and MQAE. MQAE has the lower management fee at 0.03% a year, MQAE has the higher 1 year return at 5.5% a year, and MQAE offers the higher at 2.55%.

Lower fee

MQAE 0.03% p.a.

Higher 1 year return

MQAE 5.5% p.a.

Higher yield

MQAE 2.55%

Larger fund

MQAE $1.2bn

Side-by-side comparison

Metric	XX20 First Sentier ex-20 Australian Share Fund Active ETF	MQAE Macquarie Core Australian Equity Active ETF
Snapshot
Provider	—	—
Tracks index	—	S&P/ASX 200 Index
Categories	AU, Active	AU, Large-Cap
Listed since	—	2023 (3 yrs)
Fund size (AUM)	$223m	$1.2bn
Cost & income
Management fee	0.75%	0.03%
Dividend yield	1.4%	2.55%
Franking	55%	78%
Turnover	38%	55%
Tax drag	1.14%	1.56%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	-25.1% net	5.5% net
3-year return	0.3% net	—
5-year return	-2.3% net	—
10-year return	—	—
Risk
Volatility (3y)	19.5%	—
Volatility (5y)	21.8%	—
Volatility (10y)	—	—
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

XX20 First Sentier ex-20 Australian Share Fund Active ETF

Has lagged most peers over 1 year (303rd of 308).

Full XX20 analysis →

MQAE Macquarie Core Australian Equity Active ETF

Low-cost: a 0.03% management fee keeps more of the return in your pocket.

High portfolio turnover (55% a year) means frequent trading that realises capital gains, adding tax drag — less efficient than a low-turnover index fund.

Full MQAE analysis →

Frequently Asked Questions

What's the difference between XX20 vs MQAE?

XX20 and MQAE are 2 Australian-listed ETFs we compare side by side. MQAE carries the lower management fee (0.03%). Over 1 year, MQAE has delivered the higher total return (5.5% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - XX20 vs MQAE?

MQAE has the lower management fee at 0.03% a year, versus XX20 0.75%.

Which has performed higher - XX20 vs MQAE?

Over the past 1 year, MQAE has delivered the higher total return at 5.5% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

MQAE pays the higher at 2.55%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

MQAE is the larger fund by assets ($1.2bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

XX20 vs DACE XX20 vs VAS XX20 vs IOZ MQAE vs DACE MQAE vs IOZ MQAE vs STW MQAE vs VAS MQAE vs A200

← Back to all ETFs

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.