iShares Core S&P/ASX 200 ETF vs VanEck Australian Banks ETF
General information only, not financial advice.
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.
iShares Core S&P/ASX 200 ETF
BlackRock (iShares)
VanEck Australian Banks ETF
VanEck
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.
IOZ and MVB are both Australian Broad Market ETFs: IOZ tracks the S&P/ASX 200 and MVB tracks the . IOZ has the lower management fee (0.05% vs 0.28% p.a.). Holdings overlap is approximately 25% estimated (estimated, limited data). General information only, not financial advice.
Category scores compare these two ETFs only and are not absolute ratings.
IOZ charges 0.05% p.a. and MVB charges 0.28% p.a.; the lower fee leads on cost.
IOZ manages $8.4B and MVB manages $287.63M; the larger fund leads on scale, which can support tighter spreads.
IOZ holds 205 positions and MVB holds 7; the fund with broader holdings leads on diversification.
IOZ distributes approximately 3.4% (Quarterly) and MVB approximately 5.05% (Quarterly); the higher distribution yield leads on income.
Over the compared period IOZ returned 8.5% and MVB returned 22.0%. 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 shared holdings ranked by overlap contribution, the smaller of each company's weight in the two funds. Basis: estimated, limited data. General information only.
Top 10 listed holdings for each fund, from issuer disclosures. General information only.
IOZ top holdings
MVB top holdings
Sector weights for MVBare approximate, inferred from the fund's category. General information only.
IOZ sectors
MVB sectors
Geographic weights for MVBare approximate, inferred from the fund's category. General information only.
IOZ geography
MVB geography
IOZ scores 7.7/10 and MVB scores 6.8/10 on this comparison. IOZ has the higher overall comparison score.
IOZ may suit investors who: cost-conscious investors who prioritise lower ongoing fees.
MVB may suit investors who: investors seeking income and dividend distributions.
IOZ and MVB have approximately 25% estimated holdings overlap (estimated, limited data). This is considered low overlap, estimated from listed top holdings rather than the full constituent lists. General information only, not financial advice.
IOZ has the lower management fee. IOZ charges 0.05% per year ($5 per year on a $10,000 investment) and MVB charges 0.28% per year ($28 per year on a $10,000 investment). The difference is $23 per year per $10,000 invested. General information only, not financial advice.
IOZ (iShares Core S&P/ASX 200 ETF) manages approximately $8.4B and MVB (VanEck Australian Banks ETF) manages approximately $287.63M. Fund size can affect liquidity and bid-ask spreads but does not by itself change the management fee. General information only, not financial advice.
You can hold both, but with approximately 25% 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. General information only, not financial advice.
There is no universally right choice. It depends on your goals, time horizon and existing holdings. IOZ charges 0.05% and MVB charges 0.28%, so IOZ has the lower management fee, and they have approximately 25% 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, 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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