AGVT vs XGOV: Which ETF Is Better?
A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.
AGVT comes out ahead on 7 of 7 measures. Which matters most depends on you.
The short answer
Bigger funds usually trade more cheaply and are less likely to close.
A tighter gap between the buy and sell price.
AGVT vs XGOV side by side
| AGVT leads on 7, XGOV on 0 | AGVTBetashares Australian Government Bond ETF | XGOVVanEck 10+ Year Australian Government Bond ETF |
|---|---|---|
| The basics | ||
| Index tracked | See the PDS | S&P/ASX iBoxx Australian & State Governments 10-20 Index |
| Fund manager | Betashares | VanEck |
| Asset class | Australian bonds | Australian bonds |
| Listed | Jul 2019 | Sep 2023 |
| Cost and size | ||
| MERyearly fee, lower is better | 0.22% | 0.22% |
| AUMfund size | $1.1bnβ | $477m |
| Net flows (Sep)new money in, last month | $45mβ | $39m |
| Bid/ask spreadtrading cost, lower is better | 0.05%β | 0.09% |
| Total returns | ||
| 1 month | β1.3%β | β1.8% |
| 1 year | β1.8%β | β2.5% |
| 3 years p.a. | +3.3%β | +2.7% |
| 5 years p.a. | β1.6% | β |
| $10,000 invested | ||
| 1 year ago | $9,816β | $9,755 |
| 5 years ago | $9,223 | β |
β marks the better figure on each measure. Returns include distributions, to 30 September 2026.
AGVT vs XGOV 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
Only AGVT has a 5 years record: $10,000 then is worth $9,223 today.
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
AGVT and XGOV charge the same fee, so fees make no difference between them.
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.
AGVT and XGOV overlap
1 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 AGVT | % of XGOV |
|---|---|---|
| 100.00% | 100.00% |
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 AGVT vs XGOV 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, AGVT or XGOV?
It depends on what you need. On our numbers AGVT wins on 7 measures and XGOV on 0. AGVT is the larger fund at $1.1bn vs $477m. AGVT has the better 1-year return: β1.8% vs β2.5%. AGVT has the better 3-year return: +3.3% a year vs +2.7%.
Which is cheaper, AGVT or XGOV?
AGVT charges 0.22% a year and XGOV charges 0.22% a year.
Can I hold both AGVT and XGOV?
You can, but check how much they overlap. AGVT is a Australian bonds fund and XGOV is a Australian bonds fund.
More comparisons
General information only, not a recommendation. Past performance is not a reliable indicator of future performance.