βš”οΈ Head to head

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.

Underneath, they are 100% the same. With holdings this similar, the fee and size are usually what separate them.

The short answer

πŸ’ΈLower feeToo close to call
AGVT
0.22%
XGOV
0.22%
🏦Bigger fundAGVT wins
AGVT
$1.1bn
XGOV
$477m

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

πŸ“ˆ1-year returnAGVT wins
AGVT
βˆ’1.8%
XGOV
βˆ’2.5%
πŸ“Š3-year returnAGVT wins
AGVT
+3.3% a yr
XGOV
+2.7% a yr
🏁5-year returnToo close to call
AGVT
βˆ’1.6% a yr
XGOV
–
βš–οΈCheaper to tradeAGVT wins
AGVT
0.05%
XGOV
0.09%

A tighter gap between the buy and sell price.

AGVT vs XGOV side by side

AGVT leads on 7, XGOV on 0AGVTBetashares Australian Government Bond ETFXGOVVanEck 10+ Year Australian Government Bond ETF
The basics
Index trackedSee the PDSS&P/ASX iBoxx Australian & State Governments 10-20 Index
Fund managerBetasharesVanEck
Asset classAustralian bondsAustralian bonds
ListedJul 2019Sep 2023
Cost and size
MERyearly fee, lower is better0.22%0.22%
AUMfund size$1.1bnβœ“$477m
Net flows (Sep)new money in, last month$45mβœ“$39m
Bid/ask spreadtrading cost, lower is better0.05%βœ“0.09%
Total returns
1 monthβˆ’1.3%βœ“βˆ’1.8%
1 yearβˆ’1.8%βœ“βˆ’2.5%
3 years p.a.+3.3%βœ“+2.7%
5 years p.a.βˆ’1.6%–
$10,000 invested
1 year ago$9,816βœ“$9,755
5 years ago$9,223–

βœ“ 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

πŸ“ˆ Growth

What $10,000 invested is worth now

Only AGVT has a 5 years record: $10,000 then is worth $9,223 today.

AGVTXGOV$10,000 invested
$0k$4k$8k$12k$16k$9.8k$9.8k1 year agoAGVT +$61$11.0k$10.8k3 years agoAGVT +$189$9.2ktoo new5 years ago

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

AGVT and XGOV charge the same fee, so fees make no difference between them.

AGVT charges 0.22% a yearXGOV charges 0.22% a year
🧾 Fees paid on $100,000Saving
5 years
AGVT
βˆ’$1,436
XGOV
βˆ’$1,436
Same cost
10 years
AGVT
βˆ’$4,007
XGOV
βˆ’$4,007
Same cost
20 years
AGVT
βˆ’$15,606
XGOV
βˆ’$15,606
Same cost

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

100%portfolio overlap (very high: holding both adds little diversification)

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.

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Joshua Stega
etfadviserExchange traded fund specialist adviser Β· 20 years’ experience
Keep in touch with the marketsWeekly ETF research, the Market Health-O-Meter and our model portfolio.Try it free for 30 days β†’

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: βˆ’1.8% vs βˆ’2.5%. 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.

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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.