iShares Core MSCI World ex Australia ESG (AUD Hedged) ETF vs Vanguard Ethically Conscious International Shares Index 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.
IHWL and VESG are both ESG / Ethical ETFs. IHWL tracks the MSCI World ex Australia Index and VESG tracks the FTSE Developed ex-Australia Choice Index. IHWL has the lower management fee (0.12% vs 0.18% p.a.). Holdings overlap is approximately 52% (full holdings data).
iShares Core MSCI World ex Australia ESG (AUD Hedged) ETF
BlackRock (iShares)
Vanguard Ethically Conscious International 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
Which of IHWL and VESG fits depends on your objectives, not on one being superior. Where the two funds differ most:
Category scores compare these two ETFs only and are not absolute ratings.
IHWL has the lower management fee - the one objective "cheaper" axis.
VESG is the larger fund. Larger is not inherently better, but greater scale can support tighter spreads and lower closure risk.
IHWL and VESG offer similar breadth of exposure.
IHWL distributes approximately 0.95% and VESG approximately 1.4%; VESG 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.
IHWL top holdings
VESG top holdings
IHWL sectors
VESG sectors
IHWL geography
VESG geography
Choosing between IHWL and VESG depends on your goals, time horizon and current holdings, not on one being the right answer for everyone. The main differences are summarised above, with the complete data below.
IHWL and VESG have approximately 52% holdings overlap, based on each fund's full published holdings list. This is considered moderate overlap.
IHWL has the lower management fee. IHWL charges 0.12% per year ($12 per year on a $10,000 investment) and VESG charges 0.18% per year ($18 per year on a $10,000 investment). The difference is $6 per year per $10,000 invested.
IHWL (iShares Core MSCI World ex Australia ESG (AUD Hedged) ETF) manages approximately $974.63M and VESG (Vanguard Ethically Conscious International Shares Index ETF) manages approximately $1.4B. 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 52% 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. IHWL charges 0.12% and VESG charges 0.18%, so IHWL has the lower management fee, and they have approximately 52% 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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