βš”οΈ Head to head

A200 vs QOZ: Which ETF Is Better?

A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.

QOZ comes out ahead on 6 of 10 measures. Which matters most depends on you.

Underneath, they are 77% the same. With holdings this similar, the fee and size are usually what separate them.

The short answer

πŸ’ΈLower feeA200 wins
A200
0.04%
QOZ
0.40%

Worth about $25,044 on $100,000 over 20 years.

🏦Bigger fundA200 wins
A200
$11.1bn
QOZ
$1.4bn

Bigger funds usually trade more cheaply and are less likely to close.

πŸ“ˆ1-year returnQOZ wins
A200
+2.9%
QOZ
+12.7%
πŸ“Š3-year returnQOZ wins
A200
+11.0% a yr
QOZ
+14.7% a yr
🏁5-year returnQOZ wins
A200
+6.9% a yr
QOZ
+9.5% a yr
βš–οΈCheaper to tradeA200 wins
A200
0.02%
QOZ
0.07%

A tighter gap between the buy and sell price.

A200 vs QOZ side by side

A200 leads on 4, QOZ on 6A200Betashares Australia 200 ETFQOZBetashares FTSE RAFI Australia 200 ETF
The basics
Index trackedSolactive Australia 200 IndexFTSE RAFI Australia 200 Index
Fund managerBetasharesBetashares
Asset classAustralian sharesAustralian shares
ListedMay 2018Jul 2013
Cost and size
MERyearly fee, lower is better0.04%βœ“0.40%
AUMfund size$11.1bnβœ“$1.4bn
Net flows (Sep)new money in, last month$294mβœ“$35m
Bid/ask spreadtrading cost, lower is better0.02%βœ“0.07%
Total returns
1 monthβˆ’2.4%βˆ’1.2%βœ“
1 year+2.9%+12.7%βœ“
3 years p.a.+11.0%+14.7%βœ“
5 years p.a.+6.9%+9.5%βœ“
$10,000 invested
1 year ago$10,286$11,267βœ“
5 years ago$13,985$15,764βœ“

βœ“ marks the better figure on each measure. Returns include distributions, to 30 September 2026.

A200 vs QOZ price chart

Both ETFs on one chart as % change. Use the 1D to All buttons to change the period. Price only, so it leaves out distributions Β· TradingView

πŸ“ˆ Growth

What $10,000 invested is worth now

$10,000 put into A200 5 years ago is worth $13,985 today, against $15,764 in QOZ. That is $1,779 more in QOZ.

A200QOZ$10,000 invested
$0k$5k$10k$15k$20k$10.3k$11.3k1 year agoQOZ +$981$13.7k$15.1k3 years agoQOZ +$1,404$14.0k$15.8k5 years agoQOZ +$1,779

Total returns to 30 September 2026, with distributions reinvested, before tax and brokerage. The price chart above leaves out distributions, so it can look worse. Past performance is not a reliable indicator of future performance.

πŸ’Έ Cost

What the fees cost you

A200's lower fee leaves about $25,044 more in your pocket over 20 years.

A200 charges 0.04% a yearQOZ charges 0.40% a year
🧾 Fees paid on $100,000Saving
5 years
A200
βˆ’$262
QOZ
βˆ’$2,602
You keep$2,340more with A200
10 years
A200
βˆ’$734
QOZ
βˆ’$7,231
You keep$6,497more with A200
20 years
A200
βˆ’$2,883
QOZ
βˆ’$27,927
You keep$25,044more with A200

Total fees paid on a $100,000 investment, assuming a 7% a year return before fees. Illustration only: it ignores tax, brokerage and differences in returns.

A200 and QOZ overlap

77%portfolio overlap (very high: holding both adds little diversification)

153 companies appear in both funds. Overlap is the share of the portfolio that is the same in both, counting the smaller weight of each shared company.

Biggest shared holdings% of A200% of QOZ
10.97%12.54%
10.42%6.31%
4.72%4.68%
4.61%5.21%
4.85%4.49%
3.60%3.38%
3.40%2.89%
2.37%4.44%
3.26%2.11%
1.95%2.30%
1.84%3.24%
1.46%1.64%

Add more ETFs and see the overlap in Compare ETFs β†’

Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.

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Joshua Stega
etfadviserExchange traded fund specialist adviser Β· 20 years’ experience
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FAQs

Which is better, A200 or QOZ?

It depends on what you need. On our numbers A200 wins on 4 measures and QOZ on 6. A200 is cheaper, with a management fee of 0.04% vs 0.40%. On $100,000 over 20 years that difference is worth about $25,044. A200 is the larger fund at $11.1bn vs $1.4bn. QOZ has the better 1-year return: +12.7% vs +2.9%.

Which is cheaper, A200 or QOZ?

A200 charges 0.04% a year and QOZ charges 0.40% a year.

Can I hold both A200 and QOZ?

You can, but check how much they overlap. A200 is a Australian shares fund and QOZ is a Australian shares fund.

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Add more ETFs to this comparison β†’

General information only, not a recommendation. Past performance is not a reliable indicator of future performance.