Betashares Australian Government Bond ETF vs Vanguard Global Aggregate Bond Index (Hedged) ETF
Overlap is calculated from each fund's full published holdings list. Where there are no shared listed holdings it is shown as not reliably estimable.
AGVT and VBND are both Bonds ETFs. AGVT tracks the Bloomberg AusBond Government 0+ Yr Index and VBND tracks the Bloomberg Global Aggregate Float Adjusted and Scaled Index (Hedged AUD). AGVT has the lower management fee (0.1% vs 0.2% p.a.). Holdings overlap is approximately 0% (full holdings data).
Betashares Australian Government Bond ETF
BetaShares
Vanguard Global Aggregate Bond Index (Hedged) ETF
Vanguard
Comparison scores reflect how each ETF compares to the other on these specific dimensions only. They are not absolute ratings or recommendations.
Key differences at a glance
AGVT and VBND suit different goals rather than one being "better" than the other. The clearest differences:
Category scores compare these two ETFs only and are not absolute ratings.
AGVT has the lower management fee - the one objective "cheaper" axis.
VBND is the larger fund. Larger is not inherently better, but greater scale can support tighter spreads and lower closure risk.
VBND spreads exposure across more holdings (AGVT 79, VBND 14,411); the other is more concentrated. Neither is inherently better - it depends on whether you want breadth or a focused tilt.
AGVT distributes approximately 3.9% and VBND approximately 3.2%; AGVT carries the higher estimated distribution yield. A higher yield may suit an income focus; a lower one may suit a growth or tax-efficiency focus. Yields are estimates and are not guaranteed; past performance is not a reliable indicator of future returns.
Green highlights the factually lower fee or higher scale/income figure. Performance is never highlighted. Data from issuer disclosures, reviewed quarterly.
Yield figures are estimates based on recent distributions and may vary. Past distributions are not a reliable indicator of future distributions.
Past performance is not a reliable indicator of future returns.
Top shared holdings ranked by overlap contribution, the smaller of each company's weight in the two funds. Basis: full holdings data.
Top 10 listed holdings for each fund, from issuer disclosures.
AGVT top holdings
VBND top holdings
Based on each fund's most recently published sector and geographic weightings; figures are approximate. Full breakdowns are shown below.
AGVT sectors
VBND sectors
AGVT geography
VBND geography
AGVT and VBND can each make sense depending on your objectives, horizon and existing portfolio. The key differences are near the top of this page, and the full side-by-side data is below.
AGVT and VBND have approximately 0% holdings overlap, based on each fund's full published holdings list. This is considered low overlap.
AGVT has the lower management fee. AGVT charges 0.1% per year ($10 per year on a $10,000 investment) and VBND charges 0.2% per year ($20 per year on a $10,000 investment). The difference is $10 per year per $10,000 invested.
AGVT (Betashares Australian Government Bond ETF) manages approximately $1.1B and VBND (Vanguard Global Aggregate Bond Index (Hedged) ETF) manages approximately $4.3B. Fund size can affect liquidity and bid-ask spreads but does not by itself change the management fee.
You can hold both, but with approximately 0% estimated holdings overlap the two funds hold mostly different companies, so they can be more complementary. Whether that suits you depends on your own objectives.
There is no universally right choice. It depends on your goals, time horizon and existing holdings. AGVT charges 0.1% and VBND charges 0.2%, so AGVT has the lower management fee, and they have approximately 0% estimated holdings overlap. Compare their fees, holdings and sectors above and consider each fund's Product Disclosure Statement and Target Market Determination.
General information only.This comparison and the ETFLens tools on this page provide general information about two exchange-traded funds and do not take into account your personal objectives, financial situation or needs. It is not personal financial product or investment advice. ETFLens does not hold an Australian Financial Services Licence (AFSL). Holdings overlap is calculated from each fund's published holdings (full lists where the issuer publishes one, listed top holdings otherwise), and fee data is sourced from fund manager PDS documents and updated quarterly. Past performance is not a reliable indicator of future returns. Consider each fund's Product Disclosure Statement (PDS) and Target Market Determination (TMD), and seek advice from a registered tax agent or licensed financial adviser, before making investment decisions.
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