Betashares Australian Composite Bond ETF vs Vanguard Australian Fixed Interest Index ETF
OZBD may suit investors seeking broad market exposure. VAF 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.
Betashares Australian Composite Bond ETF
BetaShares
Comparison Scorei
Vanguard Australian Fixed Interest Index ETF
Vanguard
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.
OZBD and VAF both provide diversified exposure to Australian investment-grade fixed income, covering government and corporate bonds with broadly similar mandates. General information only, not financial advice.
Category scores compare these two ETFs only and are not absolute ratings.
OZBD charges 0.19% p.a. and VAF charges 0.1% p.a.; the lower fee leads on cost.
OZBD manages $1.2B and VAF manages $3.5B; the larger fund leads on scale, which can support tighter spreads.
OZBD holds 849 positions and VAF holds 843; the fund with broader holdings leads on diversification.
OZBD distributes approximately 4.41% (Monthly) and VAF approximately 3.2% (Quarterly); 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 | OZBD | VAF |
|---|---|---|
| Full name | Betashares Australian Composite Bond ETF | Vanguard Australian Fixed Interest Index ETF |
| Provider | BetaShares | Vanguard |
| Asset class | Bonds | Bonds |
| Index tracked | Bloomberg Australian Enhanced Yield Composite Bond Index | Bloomberg AusBond Composite 0+ Yr Index |
| Inception | 2022 | 2012 |
| Domicile | Australia | Australia |
| Exchange | ASX | ASX |
| Field | OZBD | VAF |
|---|---|---|
| Management fee (MER) | 0.19% p.a. | 0.1% p.a. |
| Est. annual cost on $10,000 | $19 | $10 |
| Est. annual cost on $50,000 | $95 | $50 |
| Est. annual cost on $100,000 | $190 | $100 |
| Field | OZBD | VAF |
|---|---|---|
| Fund size (AUM) | $1.2B | $3.5B |
| Number of holdings | 849 | 843 |
| Field | OZBD | VAF |
|---|---|---|
| Distribution yield | approximately 4.41% | approximately 3.2% |
| Franking | Not available | Not available |
| Payment frequency | Monthly | Quarterly |
| Est. annual income on $50,000 | approximately $2,205 | approximately $1,600 |
| Field | OZBD | VAF |
|---|---|---|
| 1-year return | Not available | -0.2% |
| 3-year p.a. | Not available | 2.0% |
| 5-year p.a. | Not available | 0.1% |
Past performance is not a reliable indicator of future returns.
| Field | OZBD | VAF |
|---|---|---|
| Holdings overlap | Not reliably estimable | Not reliably estimable |
| Currency hedged | No | No |
| Geographic focus | Not available | Australia |
| Top 3 sectors | Not available | Government/Treasury, Government-Related, Corporate |
OZBD top holdings
VAF top holdings
OZBD and VAF both provide diversified exposure to Australian investment-grade fixed income, covering government and corporate bonds with broadly similar mandates. VAF (Vanguard Australian Fixed Interest) tracks a market-value-weighted bond index and carries a lower management fee. OZBD (BetaShares Australian Composite Bond) applies its own index methodology with a tilt intended to manage duration and credit exposure. This is general information only and not financial advice.
VAF generally suits investors who prefer the Vanguard range and a lower fee, while OZBD generally suits investors who prefer the BetaShares range or its particular index construction.
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.
OZBD and VAF 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.
VAF has the lower management fee. OZBD charges 0.19% per year ($19 per year on a $10,000 investment) and VAF charges 0.1% per year ($10 per year on a $10,000 investment). The difference is $9 per year per $10,000 invested. General information only, not financial advice.
OZBD (Betashares Australian Composite Bond ETF) manages approximately $1.2B and VAF (Vanguard Australian Fixed Interest Index ETF) manages approximately $3.5B. Fund size can affect liquidity and bid-ask spreads but does not by itself change the management fee. General information only, not financial advice.
OZBD and VAF 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. OZBD charges 0.19% and VAF charges 0.1%, so VAF 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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