βš”οΈ Head to head

SYI vs VLC: Which ETF Is Better?

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

SYI comes out ahead on 8 of 9 measures. Which matters most depends on you.

The short answer

πŸ’ΈLower feeToo close to call
SYI
0.20%
VLC
0.20%
🏦Bigger fundSYI wins
SYI
$739m
VLC
$310m

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

πŸ“ˆ1-year returnSYI wins
SYI
+14.8%
VLC
+7.1%
πŸ“Š3-year returnSYI wins
SYI
+13.6% a yr
VLC
+11.7% a yr
🏁5-year returnSYI wins
SYI
+9.5% a yr
VLC
+7.9% a yr
βš–οΈCheaper to tradeVLC wins
SYI
0.06%
VLC
0.05%

A tighter gap between the buy and sell price.

SYI vs VLC side by side

SYI leads on 8, VLC on 1SYIState Street SPDR MSCI Australia Select High Dividend Yield ETFVLCVanguard MSCI Australian Large Companies Index ETF
The basics
Index trackedMSCI Australia Select High Dividend Yield IndexMSCI Australian Shares Large Cap Index
Fund managerState Street (SPDR)Vanguard
Asset classAustralian sharesAustralian shares
ListedSep 2010May 2011
Cost and size
MERyearly fee, lower is better0.20%0.20%
AUMfund size$739mβœ“$310m
Net flows (Sep)new money in, last month$7.9mβœ“βˆ’$1.8m
Bid/ask spreadtrading cost, lower is better0.06%0.05%βœ“
Total returns
1 month+1.7%βœ“βˆ’1.6%
1 year+14.8%βœ“+7.1%
3 years p.a.+13.6%βœ“+11.7%
5 years p.a.+9.5%βœ“+7.9%
$10,000 invested
1 year ago$11,475βœ“$10,707
5 years ago$15,710βœ“$14,615

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

SYI vs VLC 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 SYI 5 years ago is worth $15,710 today, against $14,615 in VLC. That is $1,095 more in SYI.

SYIVLC$10,000 invested
$0k$5k$10k$15k$20k$11.5k$10.7k1 year agoSYI +$768$14.7k$13.9k3 years agoSYI +$749$15.7k$14.6k5 years agoSYI +$1,095

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

SYI and VLC charge the same fee, so fees make no difference between them.

SYI charges 0.20% a yearVLC charges 0.20% a year
🧾 Fees paid on $100,000Saving
5 years
SYI
βˆ’$1,306
VLC
βˆ’$1,306
Same cost
10 years
SYI
βˆ’$3,646
VLC
βˆ’$3,646
Same cost
20 years
SYI
βˆ’$14,212
VLC
βˆ’$14,212
Same cost

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.

SYI and VLC overlap

33%portfolio overlap (moderate)

5 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 SYI% of VLC
9.91%8.05%
8.95%7.91%
10.16%7.62%
13.04%5.82%
7.44%3.55%

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.

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Joshua Stega
etfadviserExchange traded fund specialist adviser Β· 20 years’ experience
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FAQs

Which is better, SYI or VLC?

It depends on what you need. On our numbers SYI wins on 8 measures and VLC on 1. SYI is the larger fund at $739m vs $310m. SYI has the better 1-year return: +14.8% vs +7.1%. SYI has the better 3-year return: +13.6% a year vs +11.7%.

Which is cheaper, SYI or VLC?

SYI charges 0.20% a year and VLC charges 0.20% a year.

Can I hold both SYI and VLC?

You can, but check how much they overlap. SYI is a Australian shares fund and VLC is a Australian shares fund.

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Add more ETFs to this comparison β†’

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