IHVV vs QUS: Which ETF Is Better?
A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.
IHVV comes out ahead on 10 of 10 measures. Which matters most depends on you.
The short answer
Worth about $13,275 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.
IHVV vs QUS side by side
| IHVV leads on 10, QUS on 0 | IHVViShares S&P 500 (AUD Hedged) ETF | QUSBetashares S&P 500 Equal Weight ETF |
|---|---|---|
| The basics | ||
| Index tracked | S&P 500 Index, hedged to AUD | S&P 500 Equal Weight Index |
| Fund manager | iShares | Betashares |
| Asset class | International shares | International shares |
| Listed | Dec 2014 | Dec 2014 |
| Cost and size | ||
| MERyearly fee, lower is better | 0.10%β | 0.29% |
| AUMfund size | $4.3bnβ | $1.4bn |
| Net flows (Sep)new money in, last month | $48mβ | $21m |
| Bid/ask spreadtrading cost, lower is better | 0.02%β | 0.06% |
| Total returns | ||
| 1 month | +0.0%β | β1.6% |
| 1 year | +15.4%β | +6.6% |
| 3 years p.a. | +21.0%β | +12.0% |
| 5 years p.a. | +10.9%β | +7.9% |
| $10,000 invested | ||
| 1 year ago | $11,539β | $10,655 |
| 5 years ago | $16,762β | $14,607 |
β marks the better figure on each measure. Returns include distributions, to 30 September 2026.
IHVV vs QUS 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 IHVV 5 years ago is worth $16,762 today, against $14,607 in QUS. That is $2,155 more in IHVV.
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
IHVV's lower fee leaves about $13,275 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.
IHVV and QUS overlap
234 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 IHVV | % of QUS |
|---|---|---|
| 1.74% | 0.25% | |
| 0.42% | 0.24% | |
| 0.24% | 0.28% | |
| 0.39% | 0.23% | |
| 0.39% | 0.23% | |
| 0.23% | 0.24% | |
| 1.08% | 0.23% | |
| 0.80% | 0.23% | |
| 0.32% | 0.23% | |
| 0.84% | 0.23% | |
| 0.39% | 0.22% | |
| 0.37% | 0.22% |
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 IHVV vs QUS 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, IHVV or QUS?
It depends on what you need. On our numbers IHVV wins on 10 measures and QUS on 0. IHVV is cheaper, with a management fee of 0.10% vs 0.29%. On $100,000 over 20 years that difference is worth about $13,275. IHVV is the larger fund at $4.3bn vs $1.4bn. IHVV has the better 1-year return: +15.4% vs +6.6%.
Which is cheaper, IHVV or QUS?
IHVV charges 0.10% a year and QUS charges 0.29% a year.
Can I hold both IHVV and QUS?
You can, but check how much they overlap. IHVV is a international shares fund and QUS is a international shares fund.
More comparisons
General information only, not a recommendation. Past performance is not a reliable indicator of future performance.