iShares Yield Plus ETF vs Betashares Australian Top 20 Equities Yield Maximiser Complex ETF
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.
IYLD and YMAX are both Income & Dividends ETFs. IYLD has the lower management fee (0.12% vs 0.76% p.a.). Holdings overlap is approximately 1% estimated (top 21 holdings).
iShares Yield Plus ETF
BlackRock (iShares)
Betashares Australian Top 20 Equities Yield Maximiser Complex ETF
BetaShares
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
Neither IYLD nor YMAX is the "right" pick for everyone; it comes down to what you want from the holding. Where they differ most:
Green highlights the leading comparison score, the factually lower fee, or the higher scale or income figure. Performance is never highlighted. Data from issuer disclosures, reviewed quarterly; sector and geography figures for some funds are category-inferred estimates, clearly labelled on each fund's page.
Category scores compare these two ETFs only and are not absolute ratings.
Cost (management fee): IYLD has the lower management fee - the one objective "cheaper" axis.
Fund size (assets): YMAX is the larger fund. Larger is not inherently better, but greater scale can support tighter spreads and lower closure risk.
Holdings breadth: IYLD spreads exposure across more holdings (IYLD 169, YMAX 20); the other is more concentrated. Neither is inherently better - it depends on whether you want breadth or a focused tilt.
Income (distribution yield): IYLD distributes approximately 4.77% and YMAX approximately 7.6%; YMAX 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.
General information only, not financial advice. ETFLens does not hold an AFSL. Always read the relevant PDS and consider seeking advice from a licensed financial adviser.
Yield figures are estimates based on recent distributions and may vary. Past performance is not a reliable indicator of future returns or 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: top 21 holdings.
Top 10 listed holdings for each fund, from issuer disclosures.
IYLD top holdings
YMAX top holdings
Sector weights for IYLD are approximate, inferred from the fund's category.
IYLD sectors
YMAX sectors
Geographic weights for IYLD are approximate, inferred from the fund's category.
IYLD geography
YMAX geography
Whether IYLD or YMAX fits comes down to your goals, time horizon and what you already hold. The clearest differences are summarised near the top of this page, with the full data below.
IYLD and YMAX have approximately 1% estimated holdings overlap (top 21 holdings). This is considered low overlap, estimated from listed top holdings rather than the full constituent lists.
IYLD has the lower management fee. IYLD charges 0.12% per year ($12 per year on a $10,000 investment) and YMAX charges 0.76% per year ($76 per year on a $10,000 investment). The difference is $64 per year per $10,000 invested.
IYLD (iShares Yield Plus ETF) manages approximately $109.48M and YMAX (Betashares Australian Top 20 Equities Yield Maximiser Complex ETF) manages approximately $691.44M. 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 1% 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.
There is no universally right choice. It depends on your goals, time horizon and existing holdings. IYLD charges 0.12% and YMAX charges 0.76%, so IYLD has the lower management fee, and they have approximately 1% 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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