βš”οΈ Head to head

VGAD vs QHSM: Which ETF Is Better?

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

VGAD comes out ahead on 7 of 7 measures. Which matters most depends on you.

They are quite different funds. Only 0% of their portfolios overlap, so this is a choice between two different strategies, not just two providers.

The short answer

πŸ’ΈLower feeVGAD wins
VGAD
0.21%
QHSM
0.62%

Worth about $27,551 on $100,000 over 20 years.

🏦Bigger fundVGAD wins
VGAD
$7.9bn
QHSM
$262m

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

πŸ“ˆ1-year returnVGAD wins
VGAD
+17.1%
QHSM
+4.2%
πŸ“Š3-year returnToo close to call
VGAD
+19.8% a yr
QHSM
–
🏁5-year returnToo close to call
VGAD
+10.8% a yr
QHSM
–
βš–οΈCheaper to tradeVGAD wins
VGAD
0.02%
QHSM
0.16%

A tighter gap between the buy and sell price.

VGAD vs QHSM side by side

VGAD leads on 7, QHSM on 0VGADVanguard MSCI Index International Shares (Hedged) ETFQHSMVanEck MSCI International Small Companies Quality (AUD Hedged) ETF
The basics
Index trackedMSCI World ex Australia Index, hedged to AUDMSCI World ex Australia Small Cap Quality 150 Index, hedged to AUD
Fund managerVanguardVanEck
Asset classInternational sharesInternational shares
ListedNov 2014Nov 2023
Cost and size
MERyearly fee, lower is better0.21%βœ“0.62%
AUMfund size$7.9bnβœ“$262m
Net flows (Sep)new money in, last month$136mβœ“$0.0m
Bid/ask spreadtrading cost, lower is better0.02%βœ“0.16%
Total returns
1 monthβˆ’0.4%βœ“βˆ’3.2%
1 year+17.1%βœ“+4.2%
3 years p.a.+19.8%–
5 years p.a.+10.8%–
$10,000 invested
1 year ago$11,706βœ“$10,422
5 years ago$16,737–

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

VGAD vs QHSM 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

Only VGAD has a 5 years record: $10,000 then is worth $16,737 today.

VGADQHSM$10,000 invested
$0k$5k$10k$15k$20k$11.7k$10.4k1 year agoVGAD +$1,284$17.2ktoo new3 years ago$16.7ktoo new5 years ago

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

VGAD's lower fee leaves about $27,551 more in your pocket over 20 years.

VGAD charges 0.21% a yearQHSM charges 0.62% a year
🧾 Fees paid on $100,000Saving
5 years
VGAD
βˆ’$1,371
QHSM
βˆ’$4,017
You keep$2,646more with VGAD
10 years
VGAD
βˆ’$3,827
QHSM
βˆ’$11,106
You keep$7,279more with VGAD
20 years
VGAD
βˆ’$14,910
QHSM
βˆ’$42,460
You keep$27,551more with VGAD

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.

VGAD and QHSM overlap

0%portfolio overlap (low: they are quite different underneath)

0 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.

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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  • 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
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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, VGAD or QHSM?

It depends on what you need. On our numbers VGAD wins on 7 measures and QHSM on 0. VGAD is cheaper, with a management fee of 0.21% vs 0.62%. On $100,000 over 20 years that difference is worth about $27,551. VGAD is the larger fund at $7.9bn vs $262m. VGAD has the better 1-year return: +17.1% vs +4.2%.

Which is cheaper, VGAD or QHSM?

VGAD charges 0.21% a year and QHSM charges 0.62% a year.

Can I hold both VGAD and QHSM?

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