DFGH vs QHAL: Which ETF Is Better?
A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.
DFGH comes out ahead on 4 of 7 measures. Which matters most depends on you.
The short answer
Worth about $4,720 on $100,000 over 20 years.
Bigger funds usually trade more cheaply and are less likely to close.
A tighter gap between the buy and sell price.
DFGH vs QHAL side by side
| DFGH leads on 4, QHAL on 3 | DFGHDimensional Global Core Equity Trust (AUD Hedged Class) β Active ETF | QHALVanEck MSCI International Quality (AUD Hedged) ETF |
|---|---|---|
| The basics | ||
| Index tracked | See the PDS | MSCI World ex Australia Quality Index, hedged to AUD |
| Fund manager | Dimensional | VanEck |
| Asset class | International shares | International shares |
| Listed | Nov 2023 | Mar 2019 |
| Cost and size | ||
| MERyearly fee, lower is better | 0.36%β | 0.43% |
| AUMfund size | $4.2bnβ | $2.7bn |
| Net flows (Sep)new money in, last month | $41m | $54mβ |
| Bid/ask spreadtrading cost, lower is better | 0.13% | 0.04%β |
| Total returns | ||
| 1 month | β1.3% | +0.6%β |
| 1 year | +18.2%β | +16.5% |
| 3 years p.a. | β | +17.8% |
| 5 years p.a. | β | +9.7% |
| $10,000 invested | ||
| 1 year ago | $11,823β | $11,650 |
| 5 years ago | β | $15,863 |
β marks the better figure on each measure. Returns include distributions, to 30 September 2026.
DFGH vs QHAL 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 QHAL has a 5 years record: $10,000 then is worth $15,863 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
DFGH's lower fee leaves about $4,720 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.
Do DFGH and QHAL hold the same companies?
6 of their top 10 holdings are the same. Holding both adds little diversification.
| Company | % of DFGH | % of QHAL |
|---|---|---|
| NVIDIA Corp | 4.38% | 4.41% |
| Apple Inc | 3.91% | 5.48% |
| Microsoft Corp | 2.98% | 5.94% |
| Alphabet (Google) | 1.98% | 3.43% |
| Meta Platforms Inc | 1.31% | 4.59% |
| Broadcom Inc | 1.06% | 3.77% |
Based on the top 10 holdings last published by each issuer.
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 DFGH vs QHAL 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, DFGH or QHAL?
It depends on what you need. On our numbers DFGH wins on 4 measures and QHAL on 3. DFGH is cheaper, with a management fee of 0.36% vs 0.43%. On $100,000 over 20 years that difference is worth about $4,720. DFGH is the larger fund at $4.2bn vs $2.7bn. DFGH has the better 1-year return: +18.2% vs +16.5%.
Which is cheaper, DFGH or QHAL?
DFGH charges 0.36% a year and QHAL charges 0.43% a year.
Can I hold both DFGH and QHAL?
You can, but check how much they overlap. DFGH is a international shares fund and QHAL is a international shares fund.
More comparisons
General information only, not a recommendation. Past performance is not a reliable indicator of future performance.