vSphere Network Teaming Options
The five teaming options are:
1. Route based on originating virtual port
2. Route based on IP Hash (only one supported with Static Etherchannel and Static 802.3ad)
3. Route based on Source MAC address
4. Route based on physical NIC load (Load Based Teaming or LBT)
5. Use explicit failover order (Not a load balancing algorithm)
Use Load Based Teaming unless you have no other option, and even then you should seriously consider not using Etherchannel and IP Hash Load Balancing. The complexity, increased overheads and lack of probable real world benefits make IP Hash a poor choice for most use cases. Remember LACP is not currently supported on the native VMware vDS and I think even if VMware decided to support LACP in future the case for LBT in preference to LACP would still be strong.
