Is DHHF a good ETF?
DHHF is the BetaShares Diversified All Growth ETF from BetaShares. We classify it under AU, Intl, and Market-Cap. With about $1.5 billion in assets it is a large, highly liquid fund. Listed on the ASX since 2020-06-30 (about 6 years ago).
On a total-return basis, DHHF has delivered 9.92% a year over 5 years (ranked 54th of 188 ETFs we track), 13.82% a year over 3 years (ranked 73rd of 226 ETFs we track), and 9.76% a year over 1 year (ranked 133rd of 308 ETFs we track).
The management fee of 0.19% is reasonable. That's cheaper than the typical 0.4% for similar ETFs. It pays a moderate 2% yield.
Over the past 5 years its volatility has been moderate (annualised standard deviation around 9.92%), meaning the kind of swings you'd expect from a diversified equity fund. Its 5-year Sharpe ratio of 0.69 is reasonable — that's the return it has earned per unit of risk taken (higher is better).
Portfolio turnover is low at about 15% a year — it trades only a small slice of its holdings each year, so trading costs and tax on realised gains stay modest — typical of a passive index strategy.
Strengths
- Low-cost: a 0.19% management fee keeps more of the return in your pocket.
Good to know
- Distributions are 25% franked, a tax bonus for Australian residents.
- Australian focus means franked dividends and no currency risk, but heavy concentration in banks and miners.
What DHHF's categories mean for you
How each category this ETF belongs to tends to behave across market cycles.
Australian shares. Home-market familiarity, fully franked dividends and no currency risk for local investors — but very concentrated in banks and miners, which dominate the index.
- Market regime
- Sensitive to commodity prices, Chinese demand and domestic interest rates. Generous income, but narrow sector diversification.
- In a portfolio
- A natural core for Australian investors thanks to franking, but should be paired with global exposure so you aren't over-reliant on a handful of banks and resource giants.
Global and international shares from outside Australia — broadening you into thousands of companies and the sectors (tech, healthcare) the local market lacks.
- Market regime
- Essential diversification away from the bank-and-resources-heavy ASX. Unhedged versions carry currency risk; hedged versions remove it at a small cost.
- In a portfolio
- A core holding for almost every long-term Australian portfolio.
Holdings are weighted by company size, so the largest companies carry the most weight. These funds are cheap, tax-efficient and self-rebalancing.
- Market regime
- Works in almost any regime as a low-maintenance core. The trade-off is concentration — you automatically own more of whatever has already become expensive at the top of a bull market.
- In a portfolio
- The classic buy-and-hold core of most portfolios. Well suited to long-term, hands-off investing.
General information only, generated from the 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.