IHVV vs TLRH: 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 6 of 8 measures. Which matters most depends on you.
The short answer
Worth about $70,974 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 TLRH side by side
| IHVV leads on 6, TLRH on 2 | IHVViShares S&P 500 (AUD Hedged) ETF | TLRHTalaria Global Equity Fund Currency Hedged Complex ETF |
|---|---|---|
| The basics | ||
| Index tracked | S&P 500 Index, hedged to AUD | See the PDS |
| Fund manager | iShares | Talaria |
| Asset class | International shares | International shares |
| Listed | Dec 2014 | Nov 2021 |
| Cost and size | ||
| MERyearly fee, lower is better | 0.10%β | 1.20% |
| AUMfund size | $4.3bnβ | $495m |
| Net flows (Sep)new money in, last month | $48mβ | $15m |
| Bid/ask spreadtrading cost, lower is better | 0.02%β | 0.20% |
| Total returns | ||
| 1 month | +0.0%β | β1.4% |
| 1 year | +15.4% | +17.6%β |
| 3 years p.a. | +21.0%β | +8.4% |
| 5 years p.a. | +10.9% | β |
| $10,000 invested | ||
| 1 year ago | $11,539 | $11,761β |
| 5 years ago | $16,762 | β |
β marks the better figure on each measure. Returns include distributions, to 30 September 2026.
What $10,000 invested is worth now
Only IHVV has a 5 years record: $10,000 then is worth $16,762 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
IHVV's lower fee leaves about $70,974 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.
Get the full IHVV vs TLRH 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 TLRH?
It depends on what you need. On our numbers IHVV wins on 6 measures and TLRH on 2. IHVV is cheaper, with a management fee of 0.10% vs 1.20%. On $100,000 over 20 years that difference is worth about $70,974. IHVV is the larger fund at $4.3bn vs $495m. TLRH has the better 1-year return: +17.6% vs +15.4%.
Which is cheaper, IHVV or TLRH?
IHVV charges 0.10% a year and TLRH charges 1.20% a year.
Can I hold both IHVV and TLRH?
You can, but check how much they overlap. IHVV is a international shares fund and TLRH is a international shares fund.
More comparisons
General information only, not a recommendation. Past performance is not a reliable indicator of future performance.