Large-Cap ETF Comparison
How we calculate returns & tax drag
The data is updated regularly with the latest figures, but always double-check with the fund issuer's website before making any decisions.
Assumptions and estimates: The estimated returns and tax drag are based on historical data and may not reflect future performance. They are provided for informational purposes only and should not be considered as financial advice or a guarantee of future results.
Tax Drag Calculation: The tax drag is estimated based on the historical dividend yield and turnover of the ETF, multiplied by an assumed tax rate for Australian investors. Also, we are making the assumption that 15% of the turnover is from capital gains, which are taxed at a reduced rate (50%) due to long-term holding.
Tax Drag
= Dividend Yield Tax Drag + Turnover Tax Drag (Turnover * 15% * 50% * Tax Rate)
i.e. High Dividend ETFs and non-market-cap-weighted ETFs with high turnover may have higher tax drag,
which can significantly reduce a fund's reported returns.
NAB & AS?
Some ETFs carry a NAB or AS tag. These indicate funds that two of Australia's largest institutions have included in their own curated investment menus — a useful signal that the ETF has cleared a sizeable provider's due-diligence bar.
NAB NAB Equity Builder. The ETF is on NAB's list of approved investments for its Equity Builder gearing product — meaning NAB is willing to lend against it.
AS Australian Super Member Direct. The ETF is available through AustralianSuper's Member Direct option, which lets members invest part of their super in a vetted list of ETFs.
Inclusion reflects each institution's own selection criteria — typically around size, liquidity, and diversification — and is not an endorsement or financial advice. Again - this can be taken as an indicator of an extra level of professional due-diligence, but you should still do your own research on the fund's characteristics, fees, and performance to determine if it's a good fit for your portfolio and risk tolerance.