DHHF.AX vs. A200.AX

Last updated Apr 1, 2026

Compare and contrast key facts about Betashares Diversified All Growth ETF (DHHF.AX) and Betashares Australia 200 ETF (A200.AX).

DHHF.AX and A200.AX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DHHF.AX is an actively managed fund by BetaShares. It was launched on Dec 3, 2019. A200.AX is a passively managed fund by BetaShares that tracks the performance of the Solactive Australia 200 Index. It was launched on May 7, 2018.

Performance

DHHF.AX vs. A200.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Betashares Diversified All Growth ETF (DHHF.AX) and Betashares Australia 200 ETF (A200.AX). The values are adjusted to include any dividend payments, if applicable.

DHHF.AX vs. A200.AX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
DHHF.AX Betashares Diversified All Growth ETF	-4.82%	11.88%	21.74%	17.00%	-8.93%	23.07%	3.80%	0.84%
A200.AX Betashares Australia 200 ETF	-1.44%	10.31%	11.57%	12.00%	-0.56%	17.90%	1.16%	-0.00%

Returns By Period

In the year-to-date period, DHHF.AX achieves a -4.82% return, which is significantly lower than A200.AX's -1.44% return.

DHHF.AX

• 1D: 0.45%
• 1M: -5.52%
• YTD: -4.82%
• 6M: -3.50%
• 1Y: 10.09%
• 3Y*: 13.00%
• 5Y*: 9.71%
• 10Y*: —

A200.AX

• 1D: 0.27%
• 1M: -7.08%
• YTD: -1.44%
• 6M: -2.30%
• 1Y: 11.92%
• 3Y*: 9.65%
• 5Y*: 8.67%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DHHF.AX vs. A200.AX - Expense Ratio Comparison

DHHF.AX has a 0.19% expense ratio, which is higher than A200.AX's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

DHHF.AX

Betashares Diversified All Growth ETF

A200.AX

Betashares Australia 200 ETF

Return for Risk

DHHF.AX vs. A200.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DHHF.AX

DHHF.AX Risk / Return Rank: 44
DHHF.AX Sharpe Ratio Rank: 44
DHHF.AX Sortino Ratio Rank: 43
DHHF.AX Omega Ratio Rank: 44
DHHF.AX Calmar Ratio Rank: 47
DHHF.AX Martin Ratio Rank: 43

A200.AX

A200.AX Risk / Return Rank: 49
A200.AX Sharpe Ratio Rank: 53
A200.AX Sortino Ratio Rank: 50
A200.AX Omega Ratio Rank: 50
A200.AX Calmar Ratio Rank: 52
A200.AX Martin Ratio Rank: 40

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DHHF.AX vs. A200.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Betashares Diversified All Growth ETF (DHHF.AX) and Betashares Australia 200 ETF (A200.AX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DHHF.AX	A200.AX	Difference
Sharpe ratio Return per unit of total volatility	0.79	0.92	-0.12
Sortino ratio Return per unit of downside risk	1.17	1.31	-0.14
Omega ratio Gain probability vs. loss probability	1.17	1.19	-0.02
Calmar ratio Return relative to maximum drawdown	1.17	1.29	-0.11
Martin ratio Return relative to average drawdown	4.00	3.75	+0.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DHHF.AX vs. A200.AX - Sharpe Ratio Comparison

The current DHHF.AX Sharpe Ratio is 0.79, which is comparable to the A200.AX Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of DHHF.AX and A200.AX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DHHF.AX	A200.AX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.79	0.92	-0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.87	0.69	+0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	0.55	+0.16

Correlation

The correlation between DHHF.AX and A200.AX is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

DHHF.AX vs. A200.AX - Dividend Comparison

DHHF.AX's dividend yield for the trailing twelve months is around 2.30%, less than A200.AX's 3.24% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DHHF.AX Betashares Diversified All Growth ETF	2.30%	2.13%	1.99%	2.38%	4.24%	1.28%	1.25%	0.00%	0.00%
A200.AX Betashares Australia 200 ETF	3.24%	3.33%	3.13%	3.75%	6.35%	2.98%	2.54%	3.61%	1.40%

Drawdowns

DHHF.AX vs. A200.AX - Drawdown Comparison

The maximum DHHF.AX drawdown since its inception was -28.54%, smaller than the maximum A200.AX drawdown of -35.55%. Use the drawdown chart below to compare losses from any high point for DHHF.AX and A200.AX.

Drawdown Indicators

	DHHF.AX	A200.AX	Difference
Max Drawdown Largest peak-to-trough decline	-28.54%	-35.55%	+7.01%
Max Drawdown (1Y) Largest decline over 1 year	-8.03%	-8.40%	+0.37%
Max Drawdown (5Y) Largest decline over 5 years	-17.30%	-14.79%	-2.51%
Current Drawdown Current decline from peak	-6.90%	-7.14%	+0.24%
Average Drawdown Average peak-to-trough decline	-4.25%	-4.21%	-0.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.35%	2.88%	-0.53%

Volatility

DHHF.AX vs. A200.AX - Volatility Comparison

Betashares Diversified All Growth ETF (DHHF.AX) and Betashares Australia 200 ETF (A200.AX) have volatilities of 4.95% and 4.95%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DHHF.AX	A200.AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.95%	4.95%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	7.61%	8.74%	-1.13%
Volatility (1Y) Calculated over the trailing 1-year period	12.84%	13.08%	-0.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.16%	12.52%	-1.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.28%	15.31%	-2.03%