GEAR vs A200 - Compare ETFs side by side

At a glance

Comparing GEAR and A200. A200 has the lower management fee at 0.04% a year, GEAR has the higher 5 years return at 10.4% a year, and A200 offers the higher at 3.27%.

Lower fee

A200 0.04% p.a.

Higher 5 years return

GEAR 10.4% p.a.

Higher yield

A200 3.27%

Higher risk-adjusted

A200 Sharpe 0.4 (5y)

Lower volatility

A200 12.4% (5y)

Larger fund

A200 $11.1bn

Side-by-side comparison

Metric	GEAR BetaShares Geared Australian Equity Fund	A200 BetaShares Australia 200 ETF
Snapshot
Provider	BetaShares	BetaShares
Tracks index	—	Solactive Australia 200 Index
Categories	AU, Large-Cap, Geared	AU, Large-Cap, Market-Cap
Listed since	2014 (12 yrs)	2018 (8 yrs)
Fund size (AUM)	$572m	$11.1bn
Cost & income
Management fee	2.23%	0.04%
Dividend yield	1.85%	3.27%
Franking	72%	78%
Turnover	45%	5%
Tax drag	1.28%	0.42%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	-1.4% net	2.9% net
3-year return	17.5% net	11.5% net
5-year return	10.4% net	7.8% net
10-year return	12.5% net	—
Risk
Volatility (3y)	24.1%	10.6%
Volatility (5y)	29.1%	12.4%
Volatility (10y)	30.5%	—
Sharpe ratio (3y)	0.62	0.7
Sharpe ratio (5y)	0.37	0.4
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

GEAR BetaShares Geared Australian Equity Fund

Top-25% returns over 10 years (28th of 110 ETFs we track).

Has lagged most peers over 1 year (242nd of 318).

Full GEAR analysis →

A200 BetaShares Australia 200 ETF

Low-cost: a 0.04% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: MQAE.

Full A200 analysis →

Frequently Asked Questions

What's the difference between GEAR vs A200?

GEAR and A200 are 2 Australian-listed ETFs we compare side by side. A200 carries the lower management fee (0.04%). Over 5 years, GEAR has delivered the higher total return (10.4% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - GEAR vs A200?

A200 has the lower management fee at 0.04% a year, versus GEAR 2.23%.

Which has performed higher - GEAR vs A200?

Over the past 5 years, GEAR has delivered the higher total return at 10.4% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

A200 pays the higher at 3.27%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

A200 is the larger fund by assets ($11.1bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

GEAR vs G200 GEAR vs GHHF GEAR vs GGBL GEAR vs ALFA GEAR vs GMVW GEAR vs LEVR A200 vs IOZ A200 vs VAS

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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.