At a glance
Side-by-side comparison
| Metric |
ZYAU
Global X S&P/ASX 200 High Dividend ETF
|
AYLD
Global X S&P/ASX 200 Covered Call ETF
|
|---|---|---|
| Snapshot | ||
| Provider |
Global X
|
Global X
|
| Tracks index |
—
|
—
|
| Categories |
AU, Thematic, Dividend
|
AU, Thematic, Dividend
|
| Listed since |
—
|
—
|
| Fund size (AUM) |
$100m
|
$125m
|
| Cost & income | ||
| Management fee |
0.24%
|
0.6%
|
| Dividend yield |
2.99%
|
6.37%
|
| Franking |
85%
|
35%
|
| Turnover |
25%
|
18%
|
| Tax drag | 0.82% | 1.82% |
| Returns |
Tax bracket
|
|
| 1-year return |
10.5%
net
|
8.7%
net
|
| 3-year return |
13%
net
|
10.4%
net
|
| 5-year return |
5.9%
net
|
—
|
| 10-year return |
5.4%
net
|
—
|
| Risk | ||
| Volatility (3y) |
9.5%
|
5.1%
|
| Volatility (5y) |
12.1%
|
—
|
| Volatility (10y) |
13.9%
|
—
|
| Sharpe ratio (3y) |
0.91
|
1.17
|
| Sharpe ratio (5y) |
0.26
|
—
|
| Sharpe ratio (10y) |
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
- Low-cost: a 0.24% management fee keeps more of the return in your pocket.
- Cheaper alternatives exist: SYI and IHD.
- High 6.37% income yield — good for investors who want regular cash flow.
- Strong risk-adjusted returns (3-year Sharpe ratio 1.17).
- Pricier than similar ETFs, which average around 0.39%.
Frequently Asked Questions
ZYAU and AYLD are 2 Australian-listed ETFs we compare side by side. ZYAU carries the lower management fee (0.24%). Over 3 years, ZYAU has delivered the higher total return (13% a year). The table above breaks down fees, returns, income and risk for each.
ZYAU has the lower management fee at 0.24% a year, versus AYLD 0.6%.
Over the past 3 years, ZYAU has delivered the higher total return at 13% a year. Past performance is not a reliable indicator of future returns.
AYLD pays the higher at 6.37%. Remember distributions are taxed each year at your marginal rate.
AYLD is the larger fund by assets ($125m). 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.