Grow it · ETFs

GGBL vs GEAR

Compare fees, returns, income and risk for these 2 ASX-listed ETFs side by side.

At a glance

Comparing GGBL and GEAR. GGBL has the lower management fee at 0.59% a year, GGBL has the higher 1 year return at 12.5% a year, and GEAR offers the higher at 1.85%.
Lower fee
GGBL 0.59% p.a.
Higher 1 year return
GGBL 12.5% p.a.
Higher yield
GEAR 1.85%
Larger fund
GEAR $572m

Side-by-side comparison

Metric GGBL
BetaShares Wealth Builder Global Shares Geared (30-40% LVR) Complex ETF
GEAR
BetaShares Geared Australian Equity Fund
Snapshot
Provider
BetaShares
BetaShares
Tracks index
—
—
Categories
Intl, Large-Cap, Geared
AU, Large-Cap, Geared
Listed since
2025 (1 yr)
2014 (12 yrs)
Fund size (AUM)
$100m
$572m
Cost & income
Management fee
0.59%
2.23%
Dividend yield
0.46%
1.85%
Franking
0%
72%
Turnover
15%
45%
Tax drag 0.51% 1.28%
Returns
Tax bracket
1-year return
12.5%
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

GGBL BetaShares Wealth Builder Global Shares Geared (30-40% LVR) Complex ETF
  • Top-25% returns over 1 year (78th of 318 ETFs we track).
  • Pricier than similar ETFs, which average around 0.49%.
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).

Frequently Asked Questions

What's the difference between GGBL vs GEAR?

GGBL and GEAR are 2 Australian-listed ETFs we compare side by side. GGBL carries the lower management fee (0.59%). Over 1 year, GGBL has delivered the higher total return (12.5% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - GGBL vs GEAR?

GGBL has the lower management fee at 0.59% a year, versus GEAR 2.23%.

Which has performed higher - GGBL vs GEAR?

Over the past 1 year, GGBL has delivered the higher total return at 12.5% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

GEAR pays the higher at 1.85%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

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.

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