DHHF and VDHG overlap by about 82%: owning both mostly doubles up. DHHF is cheaper (0.19% vs 0.27% a year), about $80 a year less on $100,000. VDHG is the bigger fund ($4.1b vs $1.7b). Both are one-ETF portfolios. DHHF is 100% shares with a lower fee; VDHG is about 90% shares and 10% bonds, and hedges part of its global shares.
📅 As at 30 September 2026: fees, size, flows and returns from the TMX Australia funds report; overlap from published holdings as at 30 September 2026.
DHHF
Betashares Diversified All Growth ETFDHHF is an all-in-one ETF that holds 100% shares across Australia, the US, other developed markets and emerging markets, rebalanced for you.
VDHG
Vanguard Diversified High Growth Index ETFVDHG is an all-in-one ETF that holds about 90% shares (Australian and global) and 10% bonds, rebalanced for you.
DHHF vs VDHG side by side
Green marks the cheaper, bigger or better-performing fund on each line. Past returns are not a reliable guide to the future.
| DHHF | VDHG | |
|---|---|---|
| Issuer | Betashares | Vanguard |
| Index | A mix of Australian, US, developed and emerging market share ETFs (100% shares) | A mix of Vanguard index funds (about 90% shares, 10% bonds) |
| Fee (a year) | 0.19% | 0.27% |
| Size | $1.7b | $4.1b |
| Net money in, September | +$60m | +$59m |
| 1-year return | +8.1% | +7.5% |
| 5-year return | +55% | +45% |
| Listed | 2019 | 2017 |
| Distributions | Quarterly | Quarterly |
| Top 10 holdings | 32% of fund | 39% of fund |
| Trend now | Base | Base |
How much do DHHF and VDHG overlap?
About 82% of their holdings are the same, by weight: high overlap, so owning both mostly doubles up.
The biggest companies they both own
| Company | DHHF | VDHG |
|---|---|---|
| BHP Group LtdMaterials | 5.3% | 5.2% |
| Commonwealth Bank of AustraliaFinancials | 5.1% | 4.3% |
| NVIDIA CorpInformation Technology | 3.9% | 3.3% |
| Apple IncInformation Technology | 3.9% | 3.0% |
| Microsoft CorpInformation Technology | 3.0% | 2.2% |
| Alphabet (Google)Communication Services | 2.3% | 2.2% |
| National Australia Bank LtdFinancials | 2.4% | 2.1% |
| Westpac Banking CorpFinancials | 2.3% | 2.0% |
| ANZ Group Holdings LtdFinancials | 2.2% | 2.0% |
| CSL LtdHealth Care | 1.8% | 1.5% |
Only in DHHF
- Samsung Electronics Co Ltd 0.5%
Only in VDHG
- No holdings above 0.5%: the differences are all small positions.
Sectors and countries
Sectors
Countries
Trend: base, uptrend or downtrend?
Past year of prices, shaded by trend stage. The dashed line is the 200-day exponential average. As at 4 November 2026. How base and trend works.
DHHF or VDHG: which suits who?
Where either fits depends on the rest of your portfolio: whether it’s your core or a satellite. See core and satellite investing and our full profiles of DHHF and VDHG.
See the exact overlap with everything you hold, plus the trend of each ETF, in our free calculator.
More comparisons
DHHF vs VDHG FAQs
Is DHHF or VDHG better?
Neither is better for everyone. Both are one-ETF portfolios. DHHF is 100% shares with a lower fee; VDHG is about 90% shares and 10% bonds, and hedges part of its global shares. Choose DHHF if you want 100% shares, a long time horizon and the lower fee. Choose VDHG if you want a small bond buffer and some currency hedging built in.
What is the difference between DHHF and VDHG?
DHHF and VDHG overlap by about 82%: owning both mostly doubles up. DHHF is cheaper (0.19% vs 0.27% a year), about $80 a year less on $100,000. VDHG is the bigger fund ($4.1b vs $1.7b). Both are one-ETF portfolios. DHHF is 100% shares with a lower fee; VDHG is about 90% shares and 10% bonds, and hedges part of its global shares.
Should I own both DHHF and VDHG?
Usually there’s little point. With 82% overlap, owning both mostly doubles up on the same companies. Pick one.
Which is cheaper, DHHF or VDHG?
DHHF is cheaper (0.19% vs 0.27% a year), about $80 a year less on $100,000. Fees are taken from the fund’s returns, not charged separately.
Fees, size, flows and returns: TMX Australia Funds Report to 30 September 2026; returns are total returns and the 5-year figure is cumulative. Overlap, sectors and countries are based on each fund’s published holdings, scaled to the part of each fund we can see; DHHF: US shares shown via the S&P 500 (SPY) as a stand-in for VTI.. Trend stages are a technical indicator based on 10, 20, 50 and 200-day exponential moving averages; they describe the past, not the future. General information only, not a recommendation to buy or sell DHHF or VDHG. Consider the PDS and TMD, and your own circumstances, before investing.