BetaShares Diversified All Growth ETF (ASX:DHHF): 100% Growth Allocation Through a Four-Fund Portfolio

Sonal Goyal

11 September 2026 07:40 PM AEST

BetaShares Diversified All Growth ETF (ASX:DHHF): 100% Growth Allocation Through a Four-Fund Portfolio

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Key Highlights

• DHHF holds $1.57 billion in Assets across 37,999,812 units outstanding, making it one of the largest ETFs on the ASX.

• The fund holds only four underlying ETFs: VTI (41.90%), A200 (34.58%), SPDW (17.30%), and SPEM (6.20%).

• Management fee of just 0.19% per annum is among the lowest in the diversified multi-sector ETF category.

The BetaShares Diversified All Growth ETF (ASX:DHHF) is one of the most prominent diversified ETFs on the Australian Securities Exchange, managing $1.57 billion as at the latest available data. Listed on 5 December 2019, DHHF targets 100% growth asset exposure and achieves this by investing in four underlying ETFs rather than individual securities. The management fee is 0.19% per annum, making DHHF one of the most cost-effective diversified Options on the ASX. The fund falls within Morningstar's Multisector Aggressive category.

Fund-of-Funds Structure

DHHF's portfolio is comprised of four holdings: Vanguard's US Total Stock Market ETF (VTI) at 41.90%, BetaShares' own Australia 200 ETF (A200) at 34.58%, SPDR Portfolio Developed World ex-US ETF (SPDW) at 17.30%, and SPDR Portfolio Emerging Markets ETF (SPEM) at 6.20%. This four-fund structure provides exposure to US equities, Australian equities, developed market international equities (excluding the US), and emerging market equities, creating a comprehensive global Equity allocation through a single ASX-listed holding.

Geographic Allocation

Through its four underlying funds, DHHF provides broad global geographic diversification. Australia represents 34.24% of the portfolio, while the United States accounts for 42.79%. Developed international markets beyond these two countries contribute meaningfully: Japan (3.70%), Taiwan (2.03%), UK (2.01%), Switzerland (1.31%), South Korea (1.73%), China (1.71%), France (1.11%), and Canada (1.88%). The emerging markets allocation via SPEM adds exposure to China, India, Brazil, and other developing economies within the 6.20% sleeve.

Distributions and Fee Advantage

DHHF distributes quarterly, paying $0.212 per unit in July 2026, $0.142 in April 2026, $0.304 in January 2026, $0.167 in October 2025, and $0.278 in July 2025. The annual Yield is 2.00%. The management fee of 0.19% per annum is the fund's defining Competitive Advantage — investors gain diversified global equity exposure at a cost that competes with passive index products. The fund's large size and high daily trading Volume (average 69,928 units) ensure excellent liquidity.

Conclusion

DHHF is a straightforward, low-cost solution for Australian investors seeking comprehensive global equity exposure in a single ASX-listed holding. Its four-fund structure captures US, Australian, international developed, and emerging market equities with minimal complexity and a management fee of 0.19% per annum. The fund's $1.57 billion in assets and high daily Liquidity make it practical for both retail and institutional investors. Performance across one and three years has been positive, and the quarterly distribution schedule provides regular income. Investors should be aware that DHHF carries 100% equity risk and is appropriate for those with a long Investment horizon and capacity to tolerate market drawdowns.

Frequently Asked Questions (FAQs)

FAQs

Q: What does DHHF hold?

A: DHHF holds four underlying ETFs: VTI (US equities, 41.90%), A200 (Australian equities, 34.58%), SPDW (developed world ex-US, 17.30%), and SPEM (emerging markets, 6.20%).

Q: What is DHHF's management fee?

A: DHHF charges just 0.19% per annum, making it one of the most cost-effective diversified options on the ASX.

Q: Is DHHF suitable for income investors?

A: DHHF pays quarterly distributions with an annual yield of approximately 2.00%, which is modest. It is primarily a growth-oriented vehicle.

Q: How large is DHHF?

A: DHHF manages $1.57 billion across nearly 38 million units, making it one of the largest ETFs on the ASX.

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