DHHF AU

Betashares Diversified All Growth ETF Guide (DHHF) and Details

Last updated: 2026-10-03

The DHHF ETF, or the Betashares Diversified All Growth ETF, is designed as an all-in-one growth portfolio for Australian investors. Instead of holding a single sharemarket index, DHHF combines exposure to Australian shares, U.S. shares, developed markets ex-U.S. and emerging markets in a single ASX trade.

DHHF ETF – A Quick take:

What it does: DHHF is a 100% growth-assets ETF that bundles global and Australian equities into one ASX-listed portfolio.
Who it may suit: Investors who want a high-growth, one-fund portfolio and are comfortable with sharemarket volatility.
Main local issue for Australians: The main decision is not access, but whether you prefer DHHF’s 100% shares structure over a more diversified option with bonds.
Best Australian-listed alternative: VDHG for investors who want a similar all-in-one ETF with defensive assets included.

DHHF ETF Chart, 1 Year

DHHF is built for growth, so the main performance story is long-term capital growth rather than high income. That said, it still pays quarterly distributions.

Can Australians buy this ETF?

Short answer: Yes. DHHF is listed on the ASX, is Australian-domiciled, and is built specifically for local investors.

Australian investors should check four things before buying DHHF:

  • Where it is listed: ASX
  • Fund domicile: Australia
  • Whether there is a local equivalent: Yes, especially VDHG and VDAL
  • Whether the exposure is hedged or unhedged to AUD: Mostly unhedged sharemarket exposure through underlying ETFs

DHHF is straightforward to access through an Australian brokerage account because it is an ASX-listed ETF issued by Betashares Capital Ltd. Betashares also provides a PDS, TMD, and ongoing distribution and tax documentation for local investors.

 

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The real decision for Australians is not whether they can buy it, but whether they want a 100% equity all-in-one ETF instead of a diversified multi-asset product that includes fixed income.

ETF at a glance

ETF nameBetashares Diversified All Growth ETF
TickerDHHF
IssuerBetashares Capital Ltd
Fund domicileAustralia
Primary exchangeASX
Australian access routeDirect ASX access
Underlying strategyPassive blend of underlying ETFs across global and Australian equities
Inception date3 December 2019 fund inception / 15 December 2020 current strategy inception
Management fee and cost0.19% p.a.
Fund sizeA$1.156 billion
Number of holdingsApprox. 8,000 equity securities via underlying ETFs
Base currencyAUD trading on ASX, with material foreign currency exposure underneath
Currency exposure for AustraliansPredominantly unhedged international equity exposure
Distribution frequencyQuarterly
12-month distribution yield2.2%
Franking-inclusive yield2.5%
PDS available?Yes
TMD available?Yes
Best local alternativeVDHG if you want bonds included; VDAL if you want 100% growth assets from Vanguard

DHHF aims to provide low-cost exposure to a diversified portfolio with high growth potential. The key point is that it is a one-fund portfolio, not a simple single-index ETF like IVV or VAS.

Betashares describes the fund as an all-in-one investment solution with a 100% allocation to shares. It combines Australian equities, U.S. equities, developed-market equities outside the U.S., and emerging-market equities in one portfolio.

What DHHF is not: it is not a balanced fund, not a defensive allocation, and not a cash or bond replacement. If markets fall hard, DHHF should be expected to fall like an all-equity portfolio.

DHHF does not track a single benchmark index. Instead, it uses a passive blend of cost-effective ETFs traded on the ASX and overseas exchanges to build a global all-growth portfolio.

Betashares says the target asset allocation is reviewed annually, and if the portfolio weights deviate by more than 2% from the strategic asset allocation at the end of a calendar quarter, the fund is rebalanced.

That matters because DHHF is designed as an asset-allocation product, not just a single market exposure. The core investment decision is the overall mix between Australian shares, U.S. shares, developed ex-U.S. shares, and emerging markets.

Overview

Betashares Diversified All Growth ETF (DHHF) packages exposure to Australian and global share markets into one Australian-listed fund. Its four underlying ETFs cover the Australian market, the broad US market, developed markets outside the US and emerging markets. The portfolio is classified as multisector aggressive, and its largest positions are the Australian and US-market funds.

Category

Diversified all-growth ETFs bring together exposure to multiple share markets in one fund. DHHF does this using Australian and international underlying ETFs, providing a broad geographic mix while retaining an all-growth, equity-oriented profile.

DHHF offers a single-fund route to exposure across Australian and international share markets, rather than focusing on one country or sector. Its portfolio spans Australian, North American, other developed-market and emerging-market equities, while remaining classified as multisector aggressive.

Key facts

Ticker
DHHF
Exchange
AU
ISIN
AU0000059586
Category / focus
Multisector Aggressive
Provider
BetaShares Capital Ltd
Domicile
Australia
Currency
AUD
Inception date
2019-12-03
UCITS
No
Holdings count
4

Costs

TER
0.00%
Net expense ratio
0.00%
AUM
1.6B

The supplied profile reports a TER of 0% and a net expense ratio of 0%. These are the reported figures; they should not be interpreted as confirmation that every cost associated with holding or trading the fund is zero.

Performance

YTD
6.6%
1 year
8.6%
3 years
14.0%
5 years
9.6%
Dividend yield
1.98%
Top 10 concentration
100.0%

Holdings

  1. Vanguard Total Stock Market Index Fund ETF Shares39.74%
    Ticker
    VTI
    Sector
    Country
    United States

  2. Betashares Australia 200 ETF38.15%
    Ticker
    A200
    Sector
    Country
    Australia

  3. State Street SPDR Portfolio Developed World ex-US ETF15.18%
    Ticker
    SPDW
    Sector
    Country
    United States

  4. SPDR® Portfolio Emerging Markets ETF6.93%
    Ticker
    SPEM
    Sector
    Country
    United States

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

The portfolio consists of four underlying ETFs. Vanguard Total Stock Market Index Fund ETF Shares accounts for 39.744%, Betashares Australia 200 ETF for 38.147%, State Street SPDR Portfolio Developed World ex-US ETF for 15.184%, and SPDR Portfolio Emerging Markets ETF for 6.926%. Together, these positions make up the reported 100% top-ten concentration, reflecting the fund’s compact fund-of-funds structure.

Regions

  • North America42.6%

  • Australasia37.7%

  • Europe Developed5.8%

  • Asia Developed3.8%

  • Asia Emerging3.4%

  • Japan3.3%

  • United Kingdom1.9%

  • Africa/Middle East0.8%

  • Latin America0.6%

  • Europe Emerging0.2%

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

Sectors

  • Financial Services23.2%

  • Technology19.2%

  • Basic Materials11.9%

  • Industrials9.6%

  • Consumer Cyclicals8.5%

  • Healthcare7.5%

  • Communication Services5.9%

  • Consumer Defensive4.3%

  • Energy4.1%

  • Real Estate3.7%

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

Risks

Who it may suit

DHHF may interest investors researching an all-growth, multi-market share portfolio through a single Australian-listed ETF. Its aggressive multisector classification and large Australian and US exposures are important characteristics to consider alongside an investor’s own objectives, time horizon and tolerance for market fluctuations.

Key risks

As an aggressive, share-focused fund, DHHF can be exposed to substantial equity-market declines. Its largest underlying positions are concentrated in Australian and US-market ETFs, so performance may be affected by those markets and by currency movements on international holdings. The four-fund structure also means that changes in the underlying ETFs flow through to the portfolio.

FAQ

What does DHHF hold?

DHHF holds four underlying ETFs covering Australian shares, the US share market, developed markets outside the US and emerging markets. Its largest positions are Vanguard Total Stock Market Index Fund ETF Shares and Betashares Australia 200 ETF.

Does DHHF have a verified benchmark in this profile?

What costs are reported for DHHF?

The supplied profile reports a total expense ratio of 0%. This figure should be read as the reported TER, rather than a guarantee that investing has no costs.

*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.

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