Grow it · ETFs

GARP vs MOAT vs QLTY vs QUAL

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

At a glance

Comparing GARP, MOAT, QLTY, and QUAL. GARP has the lowest management fee at 0.3% a year, QUAL has the highest 10 years return at 15% a year, and MOAT offers the highest at 9.91%.
Lowest fee
GARP 0.3% p.a.
Highest 10 years return
QUAL 15% p.a.
Highest yield
MOAT 9.91%
Highest risk-adjusted
QUAL Sharpe 1.05 (10y)
Lowest volatility
QUAL 11.9% (10y)
Largest fund
QUAL $8.6bn

Side-by-side comparison

Metric GARP
Global X S&P World ex Australia GARP ETF
MOAT
VanEck Morningstar Wide Moat ETF
QLTY
BetaShares Global Quality Leaders ETF
QUAL
VanEck MSCI International Quality ETF
Snapshot
Provider
Global X
VanEck
BetaShares
VanEck
Tracks index
S&P Developed Ex-Australia LargeMidCap Growth at a Reasonable Price (GARP) Index
Morningstar Wide Moat Focus Index
iSTOXX MUTB Global ex-Australia Quality Leaders 150 Index
MSCI World ex Australia Quality Index
Categories
Intl, Factor, Growth, Value
US, Factor, Quality, Value
Intl, Factor, Quality
Intl, Factor, Quality
Listed since
2022 (4 yrs)
2015 (11 yrs)
2018 (8 yrs)
2014 (12 yrs)
Fund size (AUM)
$125m
$877m
$992m
$8.6bn
Cost & income
Management fee
0.3%
0.49%
0.35%
0.4%
Dividend yield
6.07%
9.91%
3.41%
3.52%
Franking
0%
0%
0%
0%
Turnover
35%
40%
20%
30%
Tax drag 2.78% 4.13% 1.57% 1.85%
Returns
Tax bracket
1-year return
5.4%
net
3.3%
net
6.5%
net
9.2%
net
3-year return
8.5%
net
13.3%
net
14.8%
net
5-year return
9.4%
net
8.9%
net
11.2%
net
10-year return
14.3%
net
15%
net
Risk
Volatility (3y)
12.1%
10.9%
10.5%
Volatility (5y)
12.7%
13%
12.6%
Volatility (10y)
12.9%
11.9%
Sharpe ratio (3y)
0.4
0.84
0.98
Sharpe ratio (5y)
0.52
0.48
0.66
Sharpe ratio (10y)
0.94
1.05
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

GARP Global X S&P World ex Australia GARP ETF
  • Low-cost: a 0.3% management fee keeps more of the return in your pocket.
  • High 6.07% income yield — good for investors who want regular cash flow.
  • That income is taxed yearly at your marginal rate, so it's less efficient for higher earners.
MOAT VanEck Morningstar Wide Moat ETF
  • Top-12% returns over 10 years (13th of 108 ETFs we track).
  • High 9.91% income yield — good for investors who want regular cash flow.
  • Pricier than similar ETFs, which average around 0.38%.
QLTY BetaShares Global Quality Leaders ETF
  • Low-cost: a 0.35% management fee keeps more of the return in your pocket.
  • Cheaper alternatives exist: GARP.
QUAL VanEck MSCI International Quality ETF
  • Top-6% returns over 10 years (7th of 108 ETFs we track).
  • Low-cost: a 0.4% management fee keeps more of the return in your pocket.
  • Cheaper alternatives exist: IVV, GARP, and QLTY.

Frequently Asked Questions

What's the difference between GARP vs MOAT vs QLTY vs QUAL?

GARP, MOAT, QLTY, and QUAL are 4 Australian-listed ETFs we compare side by side. GARP carries the lowest management fee (0.3%). Over 10 years, QUAL has delivered the highest total return (15% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lowest fees - GARP vs MOAT vs QLTY vs QUAL?

GARP has the lowest management fee at 0.3% a year, versus MOAT 0.49%, QLTY 0.35%, and QUAL 0.4%.

Which has performed highest - GARP vs MOAT vs QLTY vs QUAL?

Over the past 10 years, QUAL has delivered the highest total return at 15% a year. Past performance is not a reliable indicator of future returns.

Which pays the highest dividend yield?

MOAT pays the highest at 9.91%. Remember distributions are taxed each year at your marginal rate.

Which is the largest and most liquid?

QUAL is the largest fund by assets ($8.6bn). 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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