At a glance
Side-by-side comparison
| Metric |
ALFA
VanEck Australian Long Short Complex ETF
|
GEAR
BetaShares Geared Australian Equity Fund
|
|---|---|---|
| Snapshot | ||
| Provider |
VanEck
|
BetaShares
|
| Tracks index |
—
|
—
|
| Categories |
AU, Geared, Active
|
AU, Large-Cap, Geared
|
| Listed since |
—
|
2014 (12 yrs)
|
| Fund size (AUM) |
$37m
|
$572m
|
| Cost & income | ||
| Management fee |
0.39%
|
2.23%
|
| Dividend yield |
0.87%
|
1.85%
|
| Franking |
30%
|
72%
|
| Turnover |
150%
|
45%
|
| Tax drag | 3.8% | 1.28% |
| Returns |
Tax bracket
|
|
| 1-year return |
-1.7%
net
|
-1.4%
net
|
| 3-year return |
—
|
17.5%
net
|
| 5-year return |
—
|
10.4%
net
|
| 10-year return |
—
|
12.5%
net
|
| Risk | ||
| Volatility (3y) |
—
|
24.1%
|
| Volatility (5y) |
—
|
29.1%
|
| Volatility (10y) |
—
|
30.5%
|
| Sharpe ratio (3y) |
—
|
0.62
|
| Sharpe ratio (5y) |
—
|
0.37
|
| Sharpe ratio (10y) |
—
|
0.48
|
| Bid/ask spread |
—
|
—
|
marks the strongest fund in each row. “net” shows the after-tax return at your selected bracket. “—” means we don’t have that data point yet.
Each fund at a glance
- Low-cost: a 0.39% management fee keeps more of the return in your pocket.
- High portfolio turnover (150% a year) means frequent trading that realises capital gains, adding tax drag — less efficient than a low-turnover index fund.
- Top-25% returns over 10 years (28th of 110 ETFs we track).
- Has lagged most peers over 1 year (242nd of 318).
Frequently Asked Questions
ALFA and GEAR are 2 Australian-listed ETFs we compare side by side. ALFA carries the lower management fee (0.39%). Over 1 year, GEAR has delivered the higher total return (-1.4% a year). The table above breaks down fees, returns, income and risk for each.
ALFA has the lower management fee at 0.39% a year, versus GEAR 2.23%.
Over the past 1 year, GEAR has delivered the higher total return at -1.4% a year. Past performance is not a reliable indicator of future returns.
GEAR pays the higher at 1.85%. Remember distributions are taxed each year at your marginal rate.
GEAR is the larger fund by assets ($572m). Larger funds are typically more liquid and trade on tighter spreads.
Related comparisons
General information only, generated from each fund's published data — not personal financial advice. Past performance is not a reliable indicator of future returns. Consider your own circumstances or seek licensed advice before investing.