iShares S&P/ASX 20 ETF vs Vanguard MSCI Australian Small Companies Index ETF
These ETFs do not share enough listed holdings to estimate overlap.
Scored across Cost (35%), Fund size (20%), Holdings breadth (25%), Income (20%). Past performance is excluded.
See full breakdown ↓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.
ILC and VSO are both Australian Broad Market ETFs. ILC tracks the S&P/ASX 20 Index and VSO tracks the MSCI Australia Shares Small Cap Index. ILC has the lower management fee (0.24% vs 0.3% p.a.). A holdings overlap is not reliably estimable for this pair.
iShares S&P/ASX 20 ETF
BlackRock (iShares)
Vanguard MSCI Australian Small Companies 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
ILC and VSO 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.
ILC has the lower management fee - the one objective "cheaper" axis.
VSO is the larger fund. Larger is not inherently better, but greater scale can support tighter spreads and lower closure risk.
VSO spreads exposure across more holdings (ILC 23, VSO 188); the other is more concentrated. Neither is inherently better - it depends on whether you want breadth or a focused tilt.
ILC distributes approximately 4.02% and VSO approximately 2.8%; ILC 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 10 listed holdings for each fund, from issuer disclosures.
ILC top holdings
VSO top holdings
Based on each fund's most recently published sector and geographic weightings; figures are approximate. Full breakdowns are shown below.
ILC sectors
VSO sectors
ILC geography
VSO geography
ILC and VSO 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.
ILC and VSO do not share enough listed top holdings to reliably estimate a holdings overlap. Compare their fees, holdings and sectors on this page.
ILC has the lower management fee. ILC charges 0.24% per year ($24 per year on a $10,000 investment) and VSO charges 0.3% per year ($30 per year on a $10,000 investment). The difference is $6 per year per $10,000 invested.
ILC (iShares S&P/ASX 20 ETF) manages approximately $744.17M and VSO (Vanguard MSCI Australian Small Companies Index ETF) manages approximately $1.1B. Fund size can affect liquidity and bid-ask spreads but does not by itself change the management fee.
ILC and VSO do not share enough listed top holdings to estimate overlap, so whether holding both duplicates your exposure depends on their full constituent lists.
There is no universally right choice. It depends on your goals, time horizon and existing holdings. ILC charges 0.24% and VSO charges 0.3%, so ILC has the lower management fee. 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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