DHHF.AX vs. QTOP

Last updated Jun 5, 2026

DHHF.AX (Betashares Diversified All Growth ETF) and QTOP (iShares Nasdaq Top 30 Stocks ETF) are both exchange-traded funds - DHHF.AX is a Large Cap Growth Equities fund actively managed by BetaShares, while QTOP is a Nasdaq-100 fund tracking the Nasdaq-100 Top 30 Index. DHHF.AX is actively managed, while QTOP is passively managed. Over the past year, DHHF.AX returned 12.07% vs 32.02% for QTOP. At a 0.08 correlation, their price movements are largely independent. DHHF.AX charges 0.19%/yr vs 0.20%/yr for QTOP.

Performance

DHHF.AX vs. QTOP - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Betashares Diversified All Growth ETF (DHHF.AX) and iShares Nasdaq Top 30 Stocks ETF (QTOP). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

DHHF.AX is traded in AUD, while QTOP is traded in USD. To make them comparable, the QTOP values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, DHHF.AX achieves a 3.25% return, which is significantly lower than QTOP's 14.36% return.

DHHF.AX

• 1D: -0.75%
• 1M: 3.03%
• YTD: 3.25%
• 6M: 3.76%
• 1Y: 12.07%
• 3Y*: 14.57%
• 5Y*: 10.41%
• 10Y*: —

QTOP

• 1D: -0.43%
• 1M: 9.61%
• YTD: 14.36%
• 6M: 12.47%
• 1Y: 32.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DHHF.AX vs. QTOP - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DHHF.AX Betashares Diversified All Growth ETF	3.25%	11.88%	4.27%
QTOP iShares Nasdaq Top 30 Stocks ETF	14.36%	13.32%	13.55%

Correlation

The correlation between DHHF.AX and QTOP is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.07
Correlation (All Time) Calculated using the full available price history since Oct 25, 2024	0.08

Return for Risk

DHHF.AX vs. QTOP — 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: 34
DHHF.AX Sharpe Ratio Rank: 36
DHHF.AX Sortino Ratio Rank: 34
DHHF.AX Omega Ratio Rank: 37
DHHF.AX Calmar Ratio Rank: 31
DHHF.AX Martin Ratio Rank: 34

QTOP

QTOP Risk / Return Rank: 74
QTOP Sharpe Ratio Rank: 81
QTOP Sortino Ratio Rank: 76
QTOP Omega Ratio Rank: 75
QTOP Calmar Ratio Rank: 71
QTOP Martin Ratio Rank: 70

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. QTOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Betashares Diversified All Growth ETF (DHHF.AX) and iShares Nasdaq Top 30 Stocks ETF (QTOP). 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	QTOP	Difference
Sharpe ratio: Return per unit of total volatility	1.27	2.15	-0.88
Sortino ratio: Return per unit of downside risk	1.76	2.87	-1.11
Omega ratio: Gain probability vs. loss probability	1.24	1.38	-0.14
Calmar ratio: Return relative to maximum drawdown	1.49	1.95	-0.46
Martin ratio: Return relative to average drawdown	5.18	5.19	-0.01
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. QTOP - Sharpe Ratio Comparison

The current DHHF.AX Sharpe Ratio is 1.27, which is lower than the QTOP Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of DHHF.AX and QTOP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DHHF.AX	QTOP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.27	2.15	-0.88
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.93	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	1.34	-0.54

Drawdowns

DHHF.AX vs. QTOP - Drawdown Comparison

The maximum DHHF.AX drawdown since its inception was -28.54%, which is greater than QTOP's maximum drawdown of -22.18%. Use the drawdown chart below to compare losses from any high point for DHHF.AX and QTOP.

Drawdown Indicators

	DHHF.AX	QTOP	Difference
Max Drawdown Largest peak-to-trough decline	-28.54%	-22.18%	-6.36%
Max Drawdown (1Y) Largest decline over 1 year	-8.03%	-16.51%	+8.48%
Max Drawdown (3Y) Largest decline over 3 years	-13.49%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.30%	—	—
Current Drawdown Current decline from peak	-0.75%	-0.43%	-0.32%
Average Drawdown Average peak-to-trough decline	-4.18%	-5.21%	+1.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.32%	6.19%	-3.87%

Volatility

DHHF.AX vs. QTOP - Volatility Comparison

The current volatility for Betashares Diversified All Growth ETF (DHHF.AX) is 2.51%, while iShares Nasdaq Top 30 Stocks ETF (QTOP) has a volatility of 3.75%. This indicates that DHHF.AX experiences smaller price fluctuations and is considered to be less risky than QTOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DHHF.AX	QTOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.51%	3.75%	-1.24%
Volatility (6M) Calculated over the trailing 6-month period	7.35%	11.32%	-3.97%
Volatility (1Y) Calculated over the trailing 1-year period	9.47%	14.98%	-5.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.16%	20.48%	-9.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.18%	20.48%	-7.30%

DHHF.AX vs. QTOP - Expense Ratio Comparison

DHHF.AX has a 0.19% expense ratio, which is lower than QTOP's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

DHHF.AX vs. QTOP - Dividend Comparison

DHHF.AX's dividend yield for the trailing twelve months is around 2.19%, more than QTOP's 0.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
DHHF.AX Betashares Diversified All Growth ETF	2.19%	2.13%	1.99%	2.38%	4.24%	1.28%	1.25%
QTOP iShares Nasdaq Top 30 Stocks ETF	0.32%	0.38%	0.11%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DHHF.AX and QTOP in my portfolio?

DHHF.AX and QTOP have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DHHF.AX or QTOP?

On fees, DHHF.AX is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DHHF.AX or QTOP?

DHHF.AX is cheaper with a 0.19% expense ratio, compared with 0.20% for QTOP.

What is the main difference between DHHF.AX and QTOP?

DHHF.AX is categorized as Large Cap Growth Equities, while QTOP is Nasdaq-100. They also come from different issuers: BetaShares and iShares. Their fees differ too: 0.19% for DHHF.AX and 0.20% for QTOP.