Highlights

  • DHHF targets a full allocation to growth assets.
  • DVBA targets 60% growth assets, while DVGR targets 75%.
  • Each fund has a listed management fee of 0.19%.

Betashares Diversified All Growth ETF (ASX:DHHF), Betashares Diversified Balanced ETF (ASX:DVBA) and Betashares Diversified Growth ETF (ASX:DVGR) assemble Australian and international investments through underlying ETFs. Their strategic allocations determine how much exposure is directed towards shares and defensive assets. During the 26 October 2026 session, their last quoted unit prices were AUD 41.25, AUD 24.70 and AUD 24.74, respectively.

DHHF Uses an All Growth Equity Structure

Betashares Diversified All Growth ETF (ASX:DHHF) targets a full allocation to growth assets. Its reported holdings comprise four underlying ETFs, providing access to a much broader group of companies.

The United States total stock market component accounts for 39.74% of reported holdings, followed by Australian equities at 38.14%. Developed markets outside the United States represent 15.18%, while emerging markets account for 6.92%.

Reported geographic exposure is led by the United States at 40.76% and Australia at 37.65%. Fund size is AUD 1.63bn. The reported annual Yield is 2.07%, and the October distribution is AUD 0.196 per unit. The listed management fee is 0.19%.

DVBA Targets a Balanced Mix of Shares and Defensive Assets

Betashares Diversified Balanced ETF (ASX:DVBA) targets 60% growth Assets and 40% defensive assets. Growth exposure comprises Australian and international shares, while the defensive allocation covers cash and Australian and international bonds.

The portfolio contains eight underlying ETFs. Australian equities represent 23.16% of holdings, Australian bonds 20.88% and unhedged global shares 20.54%. Currency-hedged global aggregate bonds account for 13.95%, while currency-hedged global shares represent 10.39%.

The fund also includes cash, emerging-market shares and infrastructure exposure. The United States accounts for 40.62% of geographic exposure and Australia 31.09%. The October distribution is AUD 0.145 per unit, and the listed management fee is 0.19%.

DVGR Retains Bonds Within an Equity Led Allocation

Betashares Diversified Growth ETF (ASX:DVGR) targets 75% growth assets and 25% defensive assets. Its objective combines Capital growth and income, with Australian and international bonds forming the intended defensive allocation.

Seven underlying ETFs implement the portfolio. Australian equities represent 28.94% of holdings, unhedged global shares 25.48%, Australian bonds 14.91% and currency-hedged global shares 13.17%. Currency-hedged global aggregate bonds account for 9.97%, emerging markets 4.55% and infrastructure shares 2.95%.

The United States represents 40.57% of geographic exposure and Australia 33.41%. The October distribution is AUD 0.142 per unit. The listed management fee is 0.19%.

Strategic Allocation Is the Main Point of Difference

The three funds share an ETF-based implementation structure and the same listed management fee. Their principal distinction is the intended balance between growth and defensive assets. The underlying holdings explain how those targets are implemented across domestic and overseas markets. The balanced and growth funds both expect quarterly distributions. Each fund’s October distribution carried an ex-distribution date of 1 October 2026.

Key Insights

Betashares Diversified All Growth ETF (ASX:DHHF) centres on equities, while Betashares Diversified Balanced ETF (ASX:DVBA) and Betashares Diversified Growth ETF (ASX:DVGR) retain defensive allocations of different sizes. The strategic targets provide the clearest comparison of their portfolio mandates.

DVBA targets 40% defensive assets, compared with 25% for DVGR.

No. They count ETF holdings that provide exposure to broader securities portfolios.

Each fund has a listed management fee of 0.19%.