βš”οΈ Head to head

IHVV vs WDIV: 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 big difference is currency. IHVV is currency hedged, so its returns ignore moves in the Australian dollar. WDIV is unhedged: it does better when the dollar falls and worse when it rises.

The short answer

πŸ’ΈLower feeIHVV wins
IHVV
0.10%
WDIV
0.35%

Worth about $17,375 on $100,000 over 20 years.

🏦Bigger fundIHVV wins
IHVV
$4.3bn
WDIV
$417m

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

πŸ“ˆ1-year returnIHVV wins
IHVV
+15.4%
WDIV
+11.5%
πŸ“Š3-year returnIHVV wins
IHVV
+21.0% a yr
WDIV
+15.4% a yr
🏁5-year returnIHVV wins
IHVV
+10.9% a yr
WDIV
+8.5% a yr
βš–οΈCheaper to tradeIHVV wins
IHVV
0.02%
WDIV
0.09%

A tighter gap between the buy and sell price.

IHVV vs WDIV side by side

IHVV leads on 10, WDIV on 0IHVViShares S&P 500 (AUD Hedged) ETFWDIVState Street SPDR S&P Global Dividend ETF
The basics
Index trackedS&P 500 Index, hedged to AUDS&P Global Broad Market Index
Fund manageriSharesState Street (SPDR)
Asset classInternational sharesInternational shares
ListedDec 2014Nov 2013
Cost and size
MERyearly fee, lower is better0.10%βœ“0.35%
AUMfund size$4.3bnβœ“$417m
Net flows (Sep)new money in, last month$48mβœ“$8.6m
Bid/ask spreadtrading cost, lower is better0.02%βœ“0.09%
Total returns
1 month+0.0%βœ“βˆ’0.3%
1 year+15.4%βœ“+11.5%
3 years p.a.+21.0%βœ“+15.4%
5 years p.a.+10.9%βœ“+8.5%
$10,000 invested
1 year ago$11,539βœ“$11,146
5 years ago$16,762βœ“$15,035

βœ“ marks the better figure on each measure. Returns include distributions, to 30 September 2026.

IHVV vs WDIV 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

$10,000 put into IHVV 5 years ago is worth $16,762 today, against $15,035 in WDIV. That is $1,727 more in IHVV.

IHVVWDIV$10,000 invested
$0k$5k$10k$15k$20k$11.5k$11.1k1 year agoIHVV +$393$17.7k$15.4k3 years agoIHVV +$2,336$16.8k$15.0k5 years agoIHVV +$1,727

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

IHVV's lower fee leaves about $17,375 more in your pocket over 20 years.

IHVV charges 0.10% a yearWDIV charges 0.35% a year
🧾 Fees paid on $100,000Saving
5 years
IHVV
βˆ’$654
WDIV
βˆ’$2,279
You keep$1,625more with IHVV
10 years
IHVV
βˆ’$1,831
WDIV
βˆ’$6,341
You keep$4,510more with IHVV
20 years
IHVV
βˆ’$7,169
WDIV
βˆ’$24,544
You keep$17,375more with IHVV

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 WDIV overlap

1%portfolio overlap (low: they are quite different underneath)

4 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 WDIV
0.28%1.49%
0.27%1.55%
0.20%1.79%
0.09%1.37%

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.

Free PDF report

Get the full IHVV vs WDIV 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
⬇ Get the free report
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, IHVV or WDIV?

It depends on what you need. On our numbers IHVV wins on 10 measures and WDIV on 0. IHVV is cheaper, with a management fee of 0.10% vs 0.35%. On $100,000 over 20 years that difference is worth about $17,375. IHVV is the larger fund at $4.3bn vs $417m. IHVV has the better 1-year return: +15.4% vs +11.5%.

Which is cheaper, IHVV or WDIV?

IHVV charges 0.10% a year and WDIV charges 0.35% a year.

Can I hold both IHVV and WDIV?

You can, but check how much they overlap. IHVV is a international shares fund and WDIV is a international shares fund.

More comparisons

IVV vs IHVVIHVV vs HQUSIHVV vs DFGHIHVV vs HGBLIHVV vs QUSIHVV vs IHOOIHVV vs TLRHIHVV vs IJHIHVV vs SPYIHVV vs HJPNIHVV vs UMAXWDIV vs INCMIVV vs WDIV

Add more ETFs to this comparison β†’

General information only, not a recommendation. Past performance is not a reliable indicator of future performance.