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HBRD.AX vs. DHHF.AX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HBRD.AX vs. DHHF.AX

Last updated Jul 16, 2026
Documentation

HBRD.AX (Betashares Australian Credit Income Active ETF) and DHHF.AX (Betashares Diversified All Growth ETF) are both exchange-traded funds - HBRD.AX is a Corporate Bonds fund actively managed by BetaShares, while DHHF.AX is a Large Cap Growth Equities fund actively managed by BetaShares. Both are actively managed. Over the past 5 years, HBRD.AX returned 3.90%/yr vs 10.21%/yr for DHHF.AX. At a 0.12 correlation, their price movements are largely independent.

Performance

HBRD.AX vs. DHHF.AX - Performance Comparison

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

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Returns By Period

In the year-to-date period, HBRD.AX achieves a 1.65% return, which is significantly lower than DHHF.AX's 5.55% return.

HBRD.AX

1D
0.00%
1M
0.60%
6M
1.59%
YTD
1.65%
1Y
3.94%
3Y*
5.18%
5Y*
3.90%
10Y*
—

DHHF.AX

1D
0.05%
1M
0.37%
6M
3.82%
YTD
5.55%
1Y
11.87%
3Y*
14.86%
5Y*
10.21%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)2025202420232022202120202019
HBRD.AX
Betashares Australian Credit Income Active ETF		1.65%4.39%6.15%3.70%1.71%4.14%2.74%0.20%
DHHF.AX
Betashares Diversified All Growth ETF		5.55%11.88%21.74%17.00%-8.93%23.07%3.80%0.84%

Correlation

The correlation between HBRD.AX and DHHF.AX is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.11

Correlation (3Y)
Calculated over the trailing 3-year period

0.08

Correlation (5Y)
Calculated over the trailing 5-year period

0.12

Correlation (All Time)
Calculated using the full available price history since Dec 3, 2019

0.12

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Betashares Australian Credit Income Active ETF

Betashares Diversified All Growth ETF

Often compared with DHHF.AX:
DHHF.AX vs. VDHG.AXDHHF.AX vs. A200.AXDHHF.AX vs. NDQ.AXDHHF.AX vs. BGBDHHF.AX vs. XMEDHHF.AX vs. XARDHHF.AX vs. SCHD

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HBRD.AX
HBRD.AX Risk / Return Rank: 9090
Overall Rank
HBRD.AX Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
HBRD.AX Sortino Ratio Rank: 8888
Sortino Ratio Rank
HBRD.AX Omega Ratio Rank: 9494
Omega Ratio Rank
HBRD.AX Calmar Ratio Rank: 9494
Calmar Ratio Rank
HBRD.AX Martin Ratio Rank: 8989
Martin Ratio Rank
DHHF.AX
DHHF.AX Risk / Return Rank: 4343
Overall Rank
DHHF.AX Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
DHHF.AX Sortino Ratio Rank: 4343
Sortino Ratio Rank
DHHF.AX Omega Ratio Rank: 4747
Omega Ratio Rank
DHHF.AX Calmar Ratio Rank: 3737
Calmar Ratio Rank
DHHF.AX Martin Ratio Rank: 4141
Martin Ratio Rank
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.

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

This table presents a comparison of risk-adjusted performance metrics for Betashares Australian Credit Income Active ETF (HBRD.AX) and Betashares Diversified All Growth ETF (DHHF.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

HBRD.AXDHHF.AXDifference
Sharpe ratioReturn per unit of total volatility
2.24
1.31

+0.93

Sortino ratioReturn per unit of downside risk
3.27
1.84

+1.42

Omega ratioGain probability vs. loss probability

1.54

1.25

+0.30

Calmar ratioReturn relative to maximum drawdown

5.43

1.56

+3.87

Martin ratioReturn relative to average drawdown

15.99

5.40

+10.59

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

The current HBRD.AX Sharpe Ratio is 2.24, which is higher than the DHHF.AX Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of HBRD.AX and DHHF.AX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

HBRD.AX vs. DHHF.AX - Drawdown Comparison

The maximum HBRD.AX drawdown since its inception was -15.60%, smaller than the maximum DHHF.AX drawdown of -28.54%. Use the drawdown chart below to compare losses from any high point for HBRD.AX and DHHF.AX.

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Drawdown Indicators

HBRD.AXDHHF.AXDifference

Max Drawdown

Largest peak-to-trough decline

-15.60%

-28.54%

+12.94%

Max Drawdown (1Y)

Largest decline over 1 year

-0.69%

-8.03%

+7.34%

Max Drawdown (3Y)

Largest decline over 3 years

-1.02%

-13.49%

+12.47%

Max Drawdown (5Y)

Largest decline over 5 years

-4.65%

-17.30%

+12.65%

Current Drawdown

Current decline from peak

0.00%

-0.33%

+0.33%

Average Drawdown

Average peak-to-trough decline

-0.51%

-4.11%

+3.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.24%

2.32%

-2.08%

Volatility

HBRD.AX vs. DHHF.AX - Volatility Comparison

The current volatility for Betashares Australian Credit Income Active ETF (HBRD.AX) is 0.33%, while Betashares Diversified All Growth ETF (DHHF.AX) has a volatility of 1.67%. This indicates that HBRD.AX experiences smaller price fluctuations and is considered to be less risky than DHHF.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HBRD.AXDHHF.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.33%

1.67%

-1.34%

Volatility (6M)

Calculated over the trailing 6-month period

1.21%

7.59%

-6.38%

Volatility (1Y)

Calculated over the trailing 1-year period

1.68%

9.60%

-7.92%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.29%

11.12%

-8.83%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.34%

13.10%

-8.76%

Dividends

HBRD.AX vs. DHHF.AX - Dividend Comparison

HBRD.AX's dividend yield for the trailing twelve months is around 4.07%, more than DHHF.AX's 1.99% yield.

PositionTTM20252024202320222021202020192018
DHHF.AX
Betashares Diversified All Growth ETF		1.99%2.13%1.99%2.38%4.24%1.28%1.25%0.00%0.00%
HBRD.AX
Betashares Australian Credit Income Active ETF		4.07%4.98%4.85%4.78%2.83%2.48%2.85%3.45%3.56%

Frequently Asked Questions

HBRD.AX and DHHF.AX have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

HBRD.AX is categorized as Corporate Bonds, while DHHF.AX is Large Cap Growth Equities.

Portfolio Optimizer

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