βš”οΈ Head to head

QPON vs FIXD: Which ETF Is Better?

A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.

QPON comes out ahead on 9 of 10 measures. Which matters most depends on you.

Underneath, they are 100% the same. With holdings this similar, the fee and size are usually what separate them.

The short answer

πŸ’ΈLower feeQPON wins
QPON
0.22%
FIXD
0.30%

Worth about $5,525 on $100,000 over 20 years.

🏦Bigger fundQPON wins
QPON
$2.4bn
FIXD
$843m

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

πŸ“ˆ1-year returnQPON wins
QPON
+4.6%
FIXD
βˆ’0.0%
πŸ“Š3-year returnFIXD wins
QPON
+5.0% a yr
FIXD
+5.1% a yr
🏁5-year returnQPON wins
QPON
+3.8% a yr
FIXD
+1.2% a yr
βš–οΈCheaper to tradeQPON wins
QPON
0.04%
FIXD
0.10%

A tighter gap between the buy and sell price.

QPON vs FIXD side by side

QPON leads on 9, FIXD on 1QPONBetashares Australian Bank Senior Floating Rate Bond ETFFIXDCoolabah Active Composite Bond Complex ETF
The basics
Index trackedSee the PDSBenchmark: Bloomberg AusBond Composite 0+ Yr Index
Fund managerBetasharesCoolabah
Asset classAustralian bondsAustralian bonds
ListedJun 2017Jun 2021
Cost and size
MERyearly fee, lower is better0.22%βœ“0.30%
AUMfund size$2.4bnβœ“$843m
Net flows (Sep)new money in, last month$147mβœ“$2.5m
Bid/ask spreadtrading cost, lower is better0.04%βœ“0.10%
Total returns
1 month+0.3%βœ“βˆ’1.0%
1 year+4.6%βœ“βˆ’0.0%
3 years p.a.+5.0%+5.1%βœ“
5 years p.a.+3.8%βœ“+1.2%
$10,000 invested
1 year ago$10,460βœ“$9,996
5 years ago$12,060βœ“$10,609

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

πŸ“ˆ Growth

What $10,000 invested is worth now

$10,000 put into QPON 5 years ago is worth $12,060 today, against $10,609 in FIXD. That is $1,451 more in QPON.

QPONFIXD$10,000 invested
$0k$4k$8k$12k$16k$10.5k$10.0k1 year agoQPON +$464$11.6k$11.6k3 years agoFIXD +$33$12.1k$10.6k5 years agoQPON +$1,451

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

QPON's lower fee leaves about $5,525 more in your pocket over 20 years.

QPON charges 0.22% a yearFIXD charges 0.30% a year
🧾 Fees paid on $100,000Saving
5 years
QPON
βˆ’$1,436
FIXD
βˆ’$1,955
You keep$519more with QPON
10 years
QPON
βˆ’$4,007
FIXD
βˆ’$5,446
You keep$1,439more with QPON
20 years
QPON
βˆ’$15,606
FIXD
βˆ’$21,131
You keep$5,525more with QPON

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.

QPON and FIXD overlap

100%portfolio overlap (very high: holding both adds little diversification)

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 QPON% of FIXD
100.00%100.00%

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 QPON vs FIXD 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, QPON or FIXD?

It depends on what you need. On our numbers QPON wins on 9 measures and FIXD on 1. QPON is cheaper, with a management fee of 0.22% vs 0.30%. On $100,000 over 20 years that difference is worth about $5,525. QPON is the larger fund at $2.4bn vs $843m. QPON has the better 1-year return: +4.6% vs βˆ’0.0%.

Which is cheaper, QPON or FIXD?

QPON charges 0.22% a year and FIXD charges 0.30% a year.

Can I hold both QPON and FIXD?

You can, but check how much they overlap. QPON is a Australian bonds fund and FIXD is a Australian bonds fund.

More comparisons

QPON vs FLOTQPON vs HCRDQPON vs OZBDQPON vs BHYBIAF vs FIXDOZBD vs FIXD

Add more ETFs to this comparison β†’

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