Top ASX ETFs for High Yield Investments: HYLD, VHY, and RDV Compared

The article compares three high-yield ASX ETFs: Betashares S&P Australian Shares High Yield Etf (HYLD), Vanguard Australian Shares High Yield ETF (VHY), and Russell Investments High Dividend Australian Shares ETF (RDV). HYLD has a 4.5% 12-month trailing dividend yield, paid monthly, while VHY has a 4.7% equity yield paid quarterly. RDV has a 4.7% dividend yield paid quarterly and a management cost of 0.34% p.a.

Investors seeking passive income from the Australian market can consider high-yield exchange-traded funds (ETFs). Three prominent options are Betashares S&P Australian Shares High Yield ETF (HYLD), Vanguard Australian Shares High Yield ETF (VHY), and Russell Investments High Dividend Australian Shares ETF (RDV). Each ETF offers a high dividend yield, but they differ in their payment frequency and management costs.

Betashares S&P Australian Shares High Yield ETF (HYLD)

The Betashares S&P Australian Shares High Yield ETF (HYLD) has a 4.5% 12-month trailing dividend yield, paid monthly. This ETF tracks the S&P/ASX 200 High Yield Index, which includes Australian companies with high dividend yields. The monthly dividend payments provide investors with consistent cash flow. However, the ETF's management fee is not specified in the provided materials.

Vanguard Australian Shares High Yield ETF (VHY)

The Vanguard Australian Shares High Yield ETF (VHY) offers a 4.7% equity yield paid quarterly. This ETF tracks the S&P/ASX 200 High Yield Index and aims to provide investors with a high dividend yield. The quarterly dividend payments are suitable for investors who prefer a more regular income stream. The management cost for VHY is 0.12% p.a.

Russell Investments High Dividend Australian Shares ETF (RDV)

The Russell Investments High Dividend Australian Shares ETF (RDV) also offers a 4.7% dividend yield, paid quarterly. This ETF tracks the Russell Australian High Dividend Index and includes Australian companies with high dividend yields. The management cost for RDV is 0.34% p.a., which is higher than that of VHY.

Comparison

When comparing these ETFs, investors should consider the dividend yield, payment frequency, and management costs. HYLD offers a slightly higher dividend yield than VHY and RDV but pays it monthly, providing more frequent cash flow. However, the management fee for HYLD is not specified. VHY and RDV have similar dividend yields and payment frequencies but differ in management costs. VHY has a lower management cost of 0.12% p.a. compared to RDV's 0.34% p.a.

Conclusion

Investors seeking high-yield ETFs in the Australian market have several options. Betashares S&P Australian Shares High Yield ETF (HYLD), Vanguard Australian Shares High Yield ETF (VHY), and Russell Investments High Dividend Australian Shares ETF (RDV) each offer high dividend yields and different payment frequencies. The choice between these ETFs depends on the investor's preference for cash flow frequency and management costs. It is essential to consider these factors and perform thorough research before making an investment decision.

References

[1] https://www.fool.com.au/2025/08/19/here-are-2-asx-income-stocks-with-yields-above-6/
[2] https://www.ainvest.com/news/assessing-allied-properties-reit-high-yield-dividend-strategy-canada-evolving-urban-workspace-sector-2508/