Side by side
Compare two ETFs
Pick two funds and we’ll line them up in plain English — what each one holds, what it costs you in dollars, and where they actually differ. No jargon, no advice.
Australian shares
VAS
Vanguard Australian Shares Index ETF
Vanguard
Diversified (multi-asset)
DHHF
Betashares Diversified All Growth ETF
Betashares
What each one holds
The roughly 300 largest companies listed on the Australian share market, held in one parcel.
A ready-made, all-shares portfolio: thousands of companies from Australia and around the world, bundled into a single holding.
What the fee costs you
The signature ClearOrigin device — each management fee translated into a dollar figure. Set one amount and we’ll show what each fund’s fee costs you a year, lined up side by side.
VAS · 0.07% a year
about $7.00 a year on $10,000
DHHF · 0.19% a year
about $19 a year on $10,000
A rough guide based on the headline fee only. Other costs (such as brokerage or buy/sell spreads) aren’t included.
The basics
- Issuer
- Vanguard
- Asset class
- Australian shares
- Number of holdings
- ~300
- Where it invests
- 100% Australia.
- Income paid
- Quarterly
- Currency hedged
- N/A — It holds Australian companies priced in Australian dollars, so there's no foreign-currency exposure to hedge.
- Issuer
- Betashares
- Asset class
- Diversified (multi-asset)
- Number of holdings
- ~8,000 (look-through, via a handful of underlying index funds)
- Where it invests
- Global — roughly 40% United States, about a third Australia, and the rest across other developed and emerging markets.
- Income paid
- Quarterly
- Currency hedged
- No — Its overseas shares are held unhedged, so movements between the Australian dollar and foreign currencies feed through to the value.
Their character
Heavily tilted toward the big banks and the major miners — financials and materials together are around 60% of the fund — simply because they're the largest businesses on the ASX, so it leans on how a few sectors perform.
Built as a complete 'growth' portfolio in one trade: 100% shares, with no bonds or cash to soften the ride. It's assembled from a few underlying index funds rather than by picking individual stocks.
What to keep in mind
Diversified across many companies, but all in a single country. Australia is a small slice of the world's economy and is concentrated in finance and resources, so this rises and falls with the local market.
Being all shares and no bonds, it sits at the higher-growth, higher-swing end. The wide spread across countries softens single-market risk, but it still moves with global share markets.
Income
Distributions typically carry franking credits, since it holds Australian companies that pay franked dividends.
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How they overlap
VAS is australian shares and DHHF is diversified (multi-asset), so they sit in different parts of the market and tend to behave differently from one another. That difference is the source of any diversification holding both would give you.
Figures last verified — VAS: 2026-06-12 · DHHF: 2026-06-12. Sources are linked from each fund’s profile.