iShares Enhanced Cash ETF vs Betashares Australian Composite Bond ETF
ISEC may suit investors seeking income and dividend distributions. OZBD 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. Where there are no shared listed holdings it is shown as not reliably estimable.
iShares Enhanced Cash ETF
BlackRock (iShares)
Comparison Scorei
Betashares Australian Composite Bond ETF
BetaShares
Comparison Scorei
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.
ISEC scores 6.4/10 and OZBD scores 8.4/10 on this comparison, with OZBD leading on Diversification. ISEC may suit investors seeking income and dividend distributions; OZBD may suit investors seeking broad market exposure. General information only, not financial advice.
Category scores compare these two ETFs only and are not absolute ratings.
ISEC charges 0.12% p.a. and OZBD charges 0.19% p.a.; the lower fee leads on cost.
ISEC manages $650M and OZBD manages $1.2B; the larger fund leads on scale, which can support tighter spreads.
ISEC holds 83 positions and OZBD holds 849; the fund with broader holdings leads on diversification.
ISEC distributes approximately 4.2% (Monthly) and OZBD approximately 4.41% (Monthly); the higher distribution yield leads on income.
Historical return data is not available for both funds, so this dimension is shown as neutral. 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.
| Field | ISEC | OZBD |
|---|---|---|
| Full name | iShares Enhanced Cash ETF | Betashares Australian Composite Bond ETF |
| Provider | BlackRock (iShares) | BetaShares |
| Asset class | Bonds | Bonds |
| Index tracked | Bloomberg AusBond Credit 0-3 Yr Index (aims to beat) | Bloomberg Australian Enhanced Yield Composite Bond Index |
| Inception | 2017 | 2022 |
| Domicile | Australia | Australia |
| Exchange | ASX | ASX |
| Field | ISEC | OZBD |
|---|---|---|
| Management fee (MER) | 0.12% p.a. | 0.19% p.a. |
| Est. annual cost on $10,000 | $12 | $19 |
| Est. annual cost on $50,000 | $60 | $95 |
| Est. annual cost on $100,000 | $120 | $190 |
| Field | ISEC | OZBD |
|---|---|---|
| Fund size (AUM) | $650M | $1.2B |
| Number of holdings | 83 | 849 |
| Field | ISEC | OZBD |
|---|---|---|
| Distribution yield | approximately 4.2% | approximately 4.41% |
| Franking | Not available | Not available |
| Payment frequency | Monthly | Monthly |
| Est. annual income on $50,000 | approximately $2,100 | approximately $2,205 |
| Field | ISEC | OZBD |
|---|---|---|
| 1-year return | 4.4% | Not available |
| 3-year p.a. | 4.6% | Not available |
| 5-year p.a. | 3.2% | Not available |
Past performance is not a reliable indicator of future returns.
| Field | ISEC | OZBD |
|---|---|---|
| Holdings overlap | Not reliably estimable | Not reliably estimable |
| Currency hedged | No | No |
| Geographic focus | Australia | Not available |
| Top 3 sectors | Cash & Equivalents, Fixed Income | Not available |
ISEC top holdings
Holdings not published for this fund type.
OZBD top holdings
ISEC scores 6.4/10 and OZBD scores 8.4/10 on this comparison. OZBD has the higher overall comparison score.
ISEC may suit investors who: investors seeking income and dividend distributions.
OZBD may suit investors who: investors seeking broad market exposure.
This comparison is general information only and not personal financial advice. Past performance is not a reliable indicator of future returns. ETFLens does not hold an Australian Financial Services Licence (AFSL). Consider your own objectives, financial situation and needs, or speak with a licensed financial adviser before making investment decisions.
ISEC and OZBD 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.
ISEC has the lower management fee. ISEC charges 0.12% per year ($12 per year on a $10,000 investment) and OZBD charges 0.19% per year ($19 per year on a $10,000 investment). The difference is $7 per year per $10,000 invested. General information only, not financial advice.
ISEC (iShares Enhanced Cash ETF) manages approximately $650M and OZBD (Betashares Australian Composite Bond ETF) manages approximately $1.2B. Fund size can affect liquidity and bid-ask spreads but does not by itself change the management fee. General information only, not financial advice.
ISEC and OZBD 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. ISEC charges 0.12% and OZBD charges 0.19%, so ISEC 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, 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 estimated from listed top holdings, not full constituent lists, 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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