Betashares Diversified All Growth ETF vs Vanguard Australian Shares Index ETF
Overlap is estimated from the funds' listed top holdings, not their full constituent lists. Where there are no shared listed holdings it is shown as not reliably estimable.
DHHF is a diversified all-in-one ETF holding Australian and international shares across multiple underlying funds.
Betashares Diversified All Growth ETF
BetaShares
Vanguard Australian Shares Index 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
DHHF and VAS 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.
VAS has the lower management fee - the one objective "cheaper" axis.
VAS is the larger fund. Larger is not inherently better, but greater scale can support tighter spreads and lower closure risk.
DHHF offers broader underlying exposure; the other is more concentrated. (All-in-one funds report their underlying-fund count, not look-through holdings.) Neither is inherently better - it depends on whether you want breadth or a focused tilt.
DHHF distributes approximately 2.2% and VAS approximately 3.3%; VAS 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: look-through of underlying funds.
Top 10 listed holdings for each fund, from issuer disclosures.
DHHF top holdings
VAS top holdings
Based on each fund's most recently published sector and geographic weightings; figures are approximate. Full breakdowns are shown below.
DHHF sectors
VAS sectors
DHHF geography
VAS geography
DHHF is a diversified all-in-one ETF holding Australian and international shares across multiple underlying funds. VAS is a single-asset ETF providing exposure to Australian shares only. DHHF includes a VAS-like Australian allocation as one component. Investors who hold DHHF alongside VAS should consider the degree of overlap in their Australian equity exposure.
Investors assessing overlap between a diversified all-in-one ETF and a standalone Australian equity ETF.
DHHF and VAS have approximately 50% estimated holdings overlap (look-through of underlying funds). This is considered moderate overlap, estimated from listed top holdings rather than the full constituent lists.
VAS has the lower management fee. DHHF charges 0.19% per year ($19 per year on a $10,000 investment) and VAS charges 0.07% per year ($7 per year on a $10,000 investment). The difference is $12 per year per $10,000 invested.
DHHF (Betashares Diversified All Growth ETF) manages approximately $1.3B and VAS (Vanguard Australian Shares Index ETF) manages approximately $24.3B. 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 50% estimated holdings overlap the two funds share a moderate proportion of holdings, so there is some duplicated exposure. 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. DHHF charges 0.19% and VAS charges 0.07%, so VAS has the lower management fee, and they have approximately 50% 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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