To compare ETFs properly, look past the fee: check what each ETF holds, how it’s weighted, its currency, size and track record. Two ETFs on the same theme can be very different bets. QRE and MVR both hold Australian resources, but one puts about 40% in BHP and the other caps every stock at 8%. Use the free ReviewETF compare tool to put up to three ETFs side by side.
I couldn’t find a simple way to compare Australian ETFs, so I built one. Pick up to three of the 508 ETFs on the ASX and see fees, performance, holdings, sectors, regions and themes on one screen.
- Open the ReviewETF compare tool.
- Type up to three tickers, e.g. QRE, MVR and OZR.
- Look past the fee: check the top holdings and sector split for hidden differences.
8 things to compare
The management fee comes out every year. On index funds, cheaper usually wins.
Bigger funds tend to have tighter trading spreads and are less likely to close.
Check the index and the top 10 holdings. Same name, very different contents (see QRE vs MVR).
Market-cap weighted, equal weight or capped? It changes how concentrated you are.
Hedged or unhedged? It can be the biggest difference between two funds.
Returns over 1, 3 and 5 years, and how closely it tracks its index.
The gap between buy and sell prices. Check it before you trade.
Does it hold what you already own? Two ETFs can be one bet.
ETF match-ups
Six head-to-heads that show why the details matter. Green cells mark the cheapest, biggest or best-performing fund on each line.
QRE vs MVR: the classic resources match-up
Both give you Australian resources companies for almost the same fee. The difference is how they weight them, and it changes what you actually own.
In the standard ASX 200 resources index, BHP is roughly 40%, so in a market-cap ETF like QRE about $40 of every $100 goes into one company. VanEck’s MVR caps every holding at 8% and trims it back at each rebalance. I unpacked this with Julian Moore from VanEck:
CPPR vs WIRE: pure-play copper vs the established fund
Copper is one of the big themes of the energy transition, and there are now two copper miner ETFs on the ASX.
A new, small fund can still be a good choice, but watch the bid-ask spread when you trade, and the risk that a fund that doesn’t attract money is closed. See every copper and critical minerals ETF in our critical minerals list.
VAS vs A200 vs IOZ vs STW: Australian shares
Four ways to own the Australian market. They hold almost the same companies, so the differences are small, but fees compound for decades.
More detail in Vanguard vs Betashares: 6 match-ups.
IVV vs IHVV: hedged or unhedged S&P 500?
Same 500 US companies. The only difference is currency: IHVV removes the effect of the Australian dollar moving against the US dollar.
See all currency hedged ETFs and US and Nasdaq ETFs.
VDHG vs DHHF: all-in-one diversified
One ETF, a whole growth portfolio. Both are popular with beginners and with investors who want “set and forget”.
More in VDHG vs VAS and VGS: one ETF or two?
HACK vs BUGG: cybersecurity
The same theme from two issuers.
See every cybersecurity ETF.
Compare ETFs by category
The most-used ETFs in each building block, side by side. For every theme, sector and region, see our ETF lists.
Australian shares
More australian shares ETFs → · Compare any of these on ReviewETF ↗
Global shares
More global shares ETFs → · Compare any of these on ReviewETF ↗
US shares
More us shares ETFs → · Compare any of these on ReviewETF ↗
Diversified all-in-one
More diversified all-in-one ETFs → · Compare any of these on ReviewETF ↗
Bonds
More bonds ETFs → · Compare any of these on ReviewETF ↗
Resources & commodities
More resources & commodities ETFs → · Compare any of these on ReviewETF ↗
The right comparison starts with your goal
Comparing two ETFs only helps once you know the job you need done. For the long-term core of a portfolio, the best ETF is usually the cheapest, largest fund that tracks a broad index. For satellites, like resources or copper, what the fund actually holds, and when you buy, matter far more than a 0.1% fee difference. That’s how we use ETFs at ETF Adviser: core and satellite, with satellites timed with clear rules.
Try it free for 30 days →
Also see the best ETFs in Australia, ranked by return, popularity, size and fees.
Frequently asked questions
How do I compare ETFs in Australia?
Compare the fee, the fund size, what it holds and how it is weighted, whether it is currency hedged, its track record and its trading spread. ReviewETF’s free compare tool puts up to three ASX ETFs side by side, including holdings and sector splits.
What is the difference between QRE and MVR?
Both hold Australian resources companies for a similar fee. QRE is weighted by company size, so BHP is a very large share of the fund (around 40% of the standard ASX 200 resources index). MVR caps each holding at 8%, spreading money across more miners and energy companies.
What is the difference between CPPR and WIRE?
Both invest in copper mining companies. CPPR is cheaper (0.39% vs 0.65%) but launched in 2026 and is still small. WIRE is the established fund with a longer track record and much more money invested.
Is VAS or A200 better?
They hold nearly the same companies and have delivered near-identical returns. A200 is cheaper; VAS holds about 300 companies instead of 200. The difference is small, so choosing one and holding it matters more than which you pick.
Should I choose hedged or unhedged ETFs?
Unhedged ETFs are affected by the Australian dollar: they benefit when it falls. Hedged ETFs remove most of that effect. Many investors hold a mix so they don’t need to predict currency moves.
Data: TMX Australia Funds Report, month ending 30 September 2026. Fee = management cost (% a year). Size = funds under management. Returns are total returns; “–” = less than the full period. Index and portfolio descriptions are summaries; check the PDS for details. General information only, not a recommendation to buy or sell any ETF. ETFs named are examples only. Consider your objectives, financial situation and needs, and read the PDS and TMD before investing. Past performance is not a reliable indicator of future performance.