Grow it · ETFs

BGBL vs HGBL vs QHAL vs VGAD

Compare fees, returns, income and risk for these 4 ASX-listed ETFs side by side.

At a glance

Comparing BGBL, HGBL, QHAL, and VGAD. BGBL has the lowest management fee at 0.08% a year, VGAD has the highest 5 years return at 10.9% a year, and QHAL offers the highest at 3.44%.
Lowest fee
BGBL 0.08% p.a.
Highest 5 years return
VGAD 10.9% p.a.
Highest yield
QHAL 3.44%
Highest risk-adjusted
VGAD Sharpe 0.58 (5y)
Lowest volatility
VGAD 14.2% (5y)
Largest fund
VGAD $7.4bn

Side-by-side comparison

Metric BGBL
BetaShares Global Shares ETF
HGBL
BetaShares Global Shares Currency Hedged ETF
QHAL
VanEck MSCI International Quality (AUD Hedged) ETF
VGAD
Vanguard MSCI Index International Shares (Hedged) ETF
Snapshot
Provider
BetaShares
BetaShares
VanEck
Vanguard
Tracks index
Solactive GBS Developed Markets Large & Mid Cap Index
Solactive GBS Developed Markets Large & Mid Cap Index (AUD Hedged)
MSCI World ex Australia Quality Index (AUD Hedged)
MSCI World ex Australia Index (AUD Hedged)
Categories
Intl, Large-Cap, Market-Cap
Intl, Large-Cap, Market-Cap
Intl, Factor, Quality
Intl, Large-Cap, Market-Cap
Listed since
2021 (5 yrs)
2021 (5 yrs)
2019 (7 yrs)
2014 (12 yrs)
Fund size (AUM)
$4.7bn
$2.7bn
$2.5bn
$7.4bn
Cost & income
Management fee
0.08%
0.11%
0.43%
0.22%
Dividend yield
1.17%
1.23%
3.44%
2.42%
Franking
0%
0%
0%
0%
Turnover
5%
5%
15%
5%
Tax drag 0.49% 0.51% 1.46% 0.89%
Returns
Tax bracket
1-year return
10.7%
net
20.6%
net
18.8%
net
19.9%
net
3-year return
16.9%
net
17.9%
net
15.5%
net
17.5%
net
5-year return
9.3%
net
10.9%
net
10-year return
12.4%
net
Risk
Volatility (3y)
9.9%
11.4%
12.3%
11.5%
Volatility (5y)
15.6%
14.2%
Volatility (10y)
14%
Sharpe ratio (3y)
1.23
1.15
0.91
1.11
Sharpe ratio (5y)
0.45
0.58
Sharpe ratio (10y)
0.75
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

BGBL BetaShares Global Shares ETF
  • Top-20% returns over 3 years (45th of 226 ETFs we track).
  • Low-cost: a 0.08% management fee keeps more of the return in your pocket.
HGBL BetaShares Global Shares Currency Hedged ETF
  • Top-15% returns over 1 year (45th of 308 ETFs we track).
  • Low-cost: a 0.11% management fee keeps more of the return in your pocket.
  • Cheaper alternatives exist: BGBL.
QHAL VanEck MSCI International Quality (AUD Hedged) ETF
  • Top-18% returns over 1 year (55th of 308 ETFs we track).
  • Cheaper alternatives exist: HGBL, VGAD, and QLTY.
VGAD Vanguard MSCI Index International Shares (Hedged) ETF
  • Top-16% returns over 1 year (48th of 308 ETFs we track).
  • Low-cost: a 0.22% management fee keeps more of the return in your pocket.
  • Cheaper alternatives exist: BGBL, IHVV, and HGBL.

Frequently Asked Questions

What's the difference between BGBL vs HGBL vs QHAL vs VGAD?

BGBL, HGBL, QHAL, and VGAD are 4 Australian-listed ETFs we compare side by side. BGBL carries the lowest management fee (0.08%). Over 5 years, VGAD has delivered the highest total return (10.9% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lowest fees - BGBL vs HGBL vs QHAL vs VGAD?

BGBL has the lowest management fee at 0.08% a year, versus HGBL 0.11%, QHAL 0.43%, and VGAD 0.22%.

Which has performed highest - BGBL vs HGBL vs QHAL vs VGAD?

Over the past 5 years, VGAD has delivered the highest total return at 10.9% a year. Past performance is not a reliable indicator of future returns.

Which pays the highest dividend yield?

QHAL pays the highest at 3.44%. Remember distributions are taxed each year at your marginal rate.

Which is the largest and most liquid?

VGAD is the largest fund by assets ($7.4bn). 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.

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