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DHHF

$37.98-0.5%Diversified60/100
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BetaShares Diversified All Growth ETF · BetaShares

Data as at 29 March 2026

TL;DR

A single ETF that holds other BetaShares ETFs providing 100% global equity exposure — no bonds. Covers Australian shares, US shares, and international shares in pre-defined proportions. 0.19% per year.

MER (Annual Fee)
0.19%
#1 lowest in Diversified
1Y Return
+10.6%
3Y Return (p.a.)
+12.8%
Dividend Yield
2.18%
Trailing 12 months
AUM
$1,190.2M
Assets under management
Avg Daily Turnover
$1.7M
Avg shares × unit price
Unit Price
$37.98
As at 29 March 2026
Provider
BetaShares
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Strategy

Fund of funds managed by BetaShares. Holds A200 (Australian equities), QUS (US equities), BGBL (international developed), and VGE (emerging markets) in fixed proportions. Rebalances quarterly back to target allocations.

Top Holdings

Key Fact

DHHF's main competitor is VDHG. The key difference: DHHF is 100% equities at 0.19% per year, while VDHG holds 90% equities and 10% bonds at 0.27% per year. DHHF is for investors who want to manage their bond allocation in a separate fund.

Suited for

Investors who want a single-trade, globally diversified equity portfolio and prefer to manage their bond allocation separately. DHHF's 100% equity structure is for investors comfortable with full sharemarket volatility.

Risks

100% equity means DHHF will fall as much as global sharemarkets fall. In 2022, a balanced global equity portfolio fell approximately 18%. DHHF holds no bonds, cash, or other defensive assets to offset equity declines.

DHHF Comparisons

ETFCheck Score60/100
Fees (40%)72
Fund Size (25%)51
Liquidity (20%)50
Yield (15%)59
How scores are calculated →
Other Diversified ETFs
VDHG
0.27% MER
65
VDBA
0.27% MER
53View all Diversified ETFs →

Frequently Asked Questions - DHHF

How does DHHF's internal reinvestment structure create a tax advantage over VDHG?+
DHHF uses an internal fund-of-funds structure that reinvests income within the portfolio rather than distributing it quarterly, reducing annual taxable distribution events. By contrast, VDHG (ASX) distributes quarterly and has historically passed through capital gains from internal rebalancing, creating unexpected tax liabilities. DHHF's approach with a modest 1.42% yield means less cash hitting your account but greater tax efficiency for accumulation-phase investors, particularly those in higher marginal tax brackets or SMSFs in growth phase.
What is DHHF's underlying portfolio composition and why does it hold 100% equities?+
DHHF allocates across four BetaShares ETFs covering Australian shares, international developed markets, US equities, and emerging markets - holding zero bonds or defensive assets. This 100% equity allocation targets maximum long-term capital growth, reflected in its strong 16.8% one-year return. It suits investors with a 10-plus year horizon who can withstand significant drawdowns. Compared to VDHG's 90/10 equity-bond split, DHHF takes a purer growth stance at a lower MER of just 0.19%.
Who should choose DHHF over building their own multi-ETF portfolio on the ASX?+
DHHF suits investors who want simple, globally diversified equity exposure without managing multiple ETF holdings, rebalancing trades, or brokerage costs. At 0.19% MER, it's cheaper than holding the underlying ETFs separately once you factor in rebalancing brokerage. However, DIY investors using individual ETFs like VAS, VGS, and VGE gain more control over tax-loss harvesting, allocation tilts, and distribution timing. DHHF is ideal for younger investors, regular BPay contributors, or smaller SMSF portfolios prioritising simplicity.
How would DHHF perform in a major market downturn compared to balanced alternatives like VDBA?+
With 100% equity exposure and zero defensive allocation, DHHF would experience substantially larger drawdowns than VDBA (50/50 equities/bonds) during a severe market correction. In the 2020 COVID crash, pure equity portfolios fell roughly 30-35% while balanced funds declined approximately 10-15%. DHHF's 0.19% MER and strong 16.8% annual return reward investors during bull markets, but those within 5-10 years of retirement should consider whether the volatility aligns with their withdrawal timeline and risk tolerance.