A200vsVHY
Low-cost market exposure or higher yield with more concentration?
BetaShares Australia 200 ETF · Vanguard Australian Shares High Yield ETF
VHY yields 7.28% vs A200's 3.01% - a meaningful income premium. The trade-off: high-yield ETFs concentrate in banks and property, so total returns can lag a broad market index in growth-led periods. Choose based on whether you need income now or prefer total return.
Score Breakdown
Fund Profiles
Managed by BetaShares, A200 tracks the Solactive Australia 200 Index, providing exposure to the 200 largest companies listed on the ASX. It uses full replication, meaning it holds every stock in the index rather than sampling, and is widely recognised as the cheapest broad Australian equities ETF available. With significant exposure to banks and miners that typically pay franked dividends, A200 suits cost-conscious investors seeking core Australian equity exposure, making it particularly popular among SMSF trustees building long-term portfolios.
Vanguard manages VHY, an ASX-listed ETF tracking the FTSE Australia High Dividend Yield Index, which screens the ASX 300 for companies with above-average forecast dividend yields. The resulting portfolio tilts heavily toward banks and property companies - sectors known for generous payouts - and fully passes through franking credits attached to qualifying dividends. Income-focused investors, retirees, and SMSF trustees in pension phase seeking enhanced yield from Australian equities with valuable franking credit benefits will find VHY a compelling income-generation tool.