Vanguard Australian Shares High Yield ETF vs Vanguard International Shares High Yield ETF
Overlap is calculated from each fund's full published holdings list. Where there are no shared listed holdings it is shown as not reliably estimable.
VHY and VIHY are both Income & Dividends ETFs. VHY has the lower management fee (0.25% vs 0.3% p.a.). Holdings overlap is approximately 0% (full holdings data).
Vanguard Australian Shares High Yield ETF
Vanguard
Vanguard International Shares High Yield 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
Neither VHY nor VIHY is the "right" pick for everyone; it comes down to what you want from the holding. Where they differ most:
Category scores compare these two ETFs only and are not absolute ratings.
VHY has the lower management fee - the one objective "cheaper" axis.
VHY is the larger fund. Larger is not inherently better, but greater scale can support tighter spreads and lower closure risk.
VIHY spreads exposure across more holdings (VHY 73, VIHY 1,487); the other is more concentrated. Neither is inherently better - it depends on whether you want breadth or a focused tilt.
VHY distributes approximately 4.1% and VIHY approximately 0%; VHY 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; sector and geography figures for some funds are category-inferred estimates, clearly labelled on each fund's page.
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 shared holdings ranked by overlap contribution, the smaller of each company's weight in the two funds. Basis: full holdings data.
Top 10 listed holdings for each fund, from issuer disclosures. Where a fund does not publish full holdings, its list is not shown here (a category-based estimate appears on the fund page).
VHY top holdings
VIHY top holdings
This issuer does not publish full holdings for this fund, so they are not shown here.
Sector weights for VIHYare approximate, inferred from the fund's category.
VHY sectors
VIHY sectors
Geographic weights for VIHYare approximate, inferred from the fund's category.
VHY geography
VIHY geography
Whether VHY or VIHY 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.
VHY and VIHY have approximately 0% holdings overlap, based on each fund's full published holdings list. This is considered low overlap.
VHY has the lower management fee. VHY charges 0.25% per year ($25 per year on a $10,000 investment) and VIHY charges 0.3% per year ($30 per year on a $10,000 investment). The difference is $5 per year per $10,000 invested.
VHY (Vanguard Australian Shares High Yield ETF) manages approximately $7.2B and VIHY (Vanguard International Shares High Yield ETF) manages approximately $34.55M. 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 0% 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. VHY charges 0.25% and VIHY charges 0.3%, so VHY has the lower management fee, and they have approximately 0% 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.
Check your portfolio overlap
See how these ETFs interact with your other holdings.
Open overlap checker →Build your portfolio
ProModel a portfolio with these ETFs and see projected fees and income.
Build a portfolio →View full ETF profiles
Holdings, fees, sectors and distributions for each fund.
VHY full profile →VIHY full profile →Compare another pair
Enter any two ASX ETF tickers to see their side-by-side comparison.
Compare other ETFs →