ICOR vs PLUS: Which ETF Is Better?
A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.
ICOR comes out ahead on 9 of 10 measures. Which matters most depends on you.
The short answer
Worth about $11,794 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.
ICOR vs PLUS side by side
| ICOR leads on 9, PLUS on 1 | ICORiShares Core Corporate Bond ETF | PLUSVanEck Australian Corporate Bond Plus ETF |
|---|---|---|
| The basics | ||
| Index tracked | See the PDS | iBoxx AUD Corporates Yield Plus Index |
| Fund manager | iShares | VanEck |
| Asset class | Australian bonds | Australian bonds |
| Listed | May 2020 | May 2017 |
| Cost and size | ||
| MERyearly fee, lower is better | 0.15%✓ | 0.32% |
| AUMfund size | $525m✓ | $403m |
| Net flows (Sep)new money in, last month | $13m✓ | −$5.9m |
| Bid/ask spreadtrading cost, lower is better | 0.05%✓ | 0.12% |
| Total returns | ||
| 1 month | −0.6%✓ | −1.0% |
| 1 year | +1.0%✓ | −0.1% |
| 3 years p.a. | +4.6% | +5.0%✓ |
| 5 years p.a. | +1.4%✓ | +1.0% |
| $10,000 invested | ||
| 1 year ago | $10,104✓ | $9,994 |
| 5 years ago | $10,724✓ | $10,517 |
✓ marks the better figure on each measure. Returns include distributions, to 30 September 2026.
ICOR vs PLUS 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 · TradingView
What $10,000 invested is worth now
$10,000 put into ICOR 5 years ago is worth $10,724 today, against $10,517 in PLUS. That is $207 more in ICOR.
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
ICOR's lower fee leaves about $11,794 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.
ICOR and PLUS 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 ICOR | % of PLUS |
|---|---|---|
| 100.00% | 100.00% |
Add more ETFs and see the overlap in Compare ETFs →
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 ICOR vs PLUS 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
- ★ FREE BONUSIs now a good time to invest? The Market Health-O-Meter
FAQs
Which is better, ICOR or PLUS?
It depends on what you need. On our numbers ICOR wins on 9 measures and PLUS on 1. ICOR is cheaper, with a management fee of 0.15% vs 0.32%. On $100,000 over 20 years that difference is worth about $11,794. ICOR is the larger fund at $525m vs $403m. ICOR has the better 1-year return: +1.0% vs −0.1%.
Which is cheaper, ICOR or PLUS?
ICOR charges 0.15% a year and PLUS charges 0.32% a year.
Can I hold both ICOR and PLUS?
You can, but check how much they overlap. ICOR is a Australian bonds fund and PLUS is a Australian bonds fund.
More comparisons
General information only, not a recommendation. Past performance is not a reliable indicator of future performance.