SPDR S&P/ASX Australian Government Bond ETF vs Vanguard Australian Fixed Interest Index ETF
These ETFs invest in different asset classes (shares vs bonds). They are unlikely to share holdings. General information only.
GOVT may suit cost-conscious investors who prioritise lower ongoing fees. VAF may suit investors seeking broad market exposure.
Scored across Cost, Scale, Diversification, Income and Performance. General information only, not financial advice.
See full breakdown ↓General information only, not financial advice.
Overlap is estimated from the funds' listed top holdings, not their full constituent lists. These funds invest in different markets, so the expected overlap is approximately 0%.
SPDR S&P/ASX Australian Government Bond ETF
State Street (SPDR)
Vanguard Australian Fixed Interest 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. General information only, not financial advice.
GOVT and VAF are both Bonds ETFs: GOVT tracks the and VAF tracks the Bloomberg AusBond Composite 0+ Yr Index. Both charge 0.1% p.a. A holdings overlap is not reliably estimable for this pair. General information only, not financial advice.
Category scores compare these two ETFs only and are not absolute ratings.
Both charge about 0.1% p.a. in management fees.
GOVT manages $73.35M and VAF manages $3.5B; the larger fund leads on scale, which can support tighter spreads.
GOVT holds 118 positions and VAF holds 843; the fund with broader holdings leads on diversification.
GOVT distributes approximately 3.04% (Monthly) and VAF approximately 3.2% (Quarterly); the higher distribution yield leads on income.
Over the compared period GOVT returned 1.4% and VAF returned 0.1%. 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. General information only.
Past performance is not a reliable indicator of future returns.
Top 10 listed holdings for each fund, from issuer disclosures. General information only.
GOVT top holdings
VAF top holdings
Sector weights for GOVTare approximate, inferred from the fund's category. General information only.
GOVT sectors
VAF sectors
Geographic weights for GOVTare approximate, inferred from the fund's category. General information only.
GOVT geography
VAF geography
GOVT scores 5.4/10 and VAF scores 7.5/10 on this comparison. VAF has the higher overall comparison score.
GOVT may suit investors who: cost-conscious investors who prioritise lower ongoing fees.
VAF may suit investors who: investors seeking broad market exposure.
GOVT and VAF do not share enough listed top holdings to reliably estimate a holdings overlap. Compare their fees, holdings and sectors on this page. General information only, not financial advice.
GOVT and VAF charge the same management fee of 0.1% per year. General information only, not financial advice.
GOVT (SPDR S&P/ASX Australian Government Bond ETF) manages approximately $73.35M and VAF (Vanguard Australian Fixed Interest Index ETF) manages approximately $3.5B. Fund size can affect liquidity and bid-ask spreads but does not by itself change the management fee. General information only, not financial advice.
GOVT and VAF do not share enough listed top holdings to estimate overlap, so whether holding both duplicates your exposure depends on their full constituent lists. General information only, not financial advice.
There is no universally right choice. It depends on your goals, time horizon and existing holdings. GOVT charges 0.1% and VAF charges 0.1%, the same management fee. Compare their fees, holdings and sectors above and consider each fund's Product Disclosure Statement and Target Market Determination. General information only, not financial advice.
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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