A200 vs VHY: Which ETF Is Better?
A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.
VHY comes out ahead on 6 of 9 measures. Which matters most depends on you.
The short answer
Worth about $14,804 on $100,000 over 20 years.
Bigger funds usually trade more cheaply and are less likely to close.
A200 vs VHY side by side
| A200 leads on 3, VHY on 6 | A200Betashares Australia 200 ETF | VHYVanguard Australian Shares High Yield ETF |
|---|---|---|
| The basics | ||
| Index tracked | Solactive Australia 200 Index | FTSE ASFA Australia High Dividend Yield Index |
| Fund manager | Betashares | Vanguard |
| Asset class | Australian shares | Australian shares |
| Listed | May 2018 | May 2011 |
| Cost and size | ||
| MERyearly fee, lower is better | 0.04%β | 0.25% |
| AUMfund size | $11.1bnβ | $8.2bn |
| Net flows (Sep)new money in, last month | $294mβ | $144m |
| Bid/ask spreadtrading cost, lower is better | 0.02% | 0.02% |
| Total returns | ||
| 1 month | β2.4% | β1.1%β |
| 1 year | +2.9% | +12.0%β |
| 3 years p.a. | +11.0% | +13.5%β |
| 5 years p.a. | +6.9% | +10.2%β |
| $10,000 invested | ||
| 1 year ago | $10,286 | $11,200β |
| 5 years ago | $13,985 | $16,237β |
β marks the better figure on each measure. Returns include distributions, to 30 September 2026.
A200 vs VHY 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
What $10,000 invested is worth now
$10,000 put into A200 5 years ago is worth $13,985 today, against $16,237 in VHY. That is $2,252 more in VHY.
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.
What the fees cost you
A200's lower fee leaves about $14,804 more in your pocket over 20 years.
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 VHY overlap
86 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 VHY |
|---|---|---|
| 10.97% | 9.72% | |
| 10.42% | 9.11% | |
| 4.85% | 6.42% | |
| 4.72% | 6.30% | |
| 4.61% | 6.08% | |
| 3.60% | 3.89% | |
| 3.40% | 4.53% | |
| 2.37% | 5.32% | |
| 2.06% | 4.75% | |
| 1.95% | 5.45% | |
| 1.62% | 3.64% | |
| 1.46% | 1.84% |
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.
Get the full A200 vs VHY report
- Every holding of each ETF: the top 50 companies, with sectors and countries
- Exactly which companies they share, and how much of each
- Fees in dollars over 10, 20 and 30 years
- Every metric side by side, including the index each tracks
- β FREE BONUSIs now a good time to invest? The Market Health-O-Meter

FAQs
Which is better, A200 or VHY?
It depends on what you need. On our numbers A200 wins on 3 measures and VHY on 6. A200 is cheaper, with a management fee of 0.04% vs 0.25%. On $100,000 over 20 years that difference is worth about $14,804. A200 is the larger fund at $11.1bn vs $8.2bn. VHY has the better 1-year return: +12.0% vs +2.9%.
Which is cheaper, A200 or VHY?
A200 charges 0.04% a year and VHY charges 0.25% a year.
Can I hold both A200 and VHY?
You can, but check how much they overlap. A200 is a Australian shares fund and VHY is a Australian shares fund.
More comparisons
General information only, not a recommendation. Past performance is not a reliable indicator of future performance.