Grow it · ETFs

GGBL vs GGUS vs GNDQ vs MKAX

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

At a glance

Comparing GGBL, GGUS, GNDQ, and MKAX. GGBL has the lowest management fee at 0.59% a year, GNDQ has the highest 1 year return at 24.2% a year, and GNDQ offers the highest at 1.42%.
Lowest fee
GGBL 0.59% p.a.
Highest 1 year return
GNDQ 24.2% p.a.
Highest yield
GNDQ 1.42%
Largest fund
GGUS $427m

Side-by-side comparison

Metric GGBL
BetaShares Wealth Builder Global Shares Geared (30-40% LVR) Complex ETF
GGUS
BetaShares Geared US Equities Currency Hedged Complex ETF
GNDQ
BetaShares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF
MKAX
Montaka Global Extension Fund - Complex ETF
Snapshot
Provider
BetaShares
BetaShares
BetaShares
—
Tracks index
—
S&P 500 Index (AUD Hedged)
NASDAQ-100 Index
—
Categories
Intl, Large-Cap, Geared
Intl, Geared, US, Active
US, Tech, Growth, Geared
Intl, Geared, Active
Listed since
2025 (1 yr)
—
2024 (2 yrs)
—
Fund size (AUM)
$100m
$427m
$87m
$69m
Cost & income
Management fee
0.59%
2.28%
0.84%
1.25%
Dividend yield
0.46%
—
1.42%
—
Franking
0%
0%
0%
0%
Turnover
15%
—
15%
—
Tax drag 0.51% — 0.81% —
Returns
Tax bracket
1-year return
12.5%
net
—
24.2%
net
—
3-year return
—
—
—
—
5-year return
—
—
—
—
10-year return
—
—
—
—
Risk
Volatility (3y)
—
—
—
—
Volatility (5y)
—
—
—
—
Volatility (10y)
—
—
—
—
Sharpe ratio (3y)
—
—
—
—
Sharpe ratio (5y)
—
—
—
—
Sharpe ratio (10y)
—
—
—
—
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%.
GGUS BetaShares Geared US Equities Currency Hedged Complex ETF
  • A 2.28% management fee is high and compounds against you over time.
GNDQ BetaShares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF
  • Top-9% returns over 1 year (28th of 318 ETFs we track).
  • A 0.84% management fee is high and compounds against you over time.
MKAX Montaka Global Extension Fund - Complex ETF
  • A 1.25% management fee is high and compounds against you over time.

Frequently Asked Questions

What's the difference between GGBL vs GGUS vs GNDQ vs MKAX?

GGBL, GGUS, GNDQ, and MKAX are 4 Australian-listed ETFs we compare side by side. GGBL carries the lowest management fee (0.59%). Over 1 year, GNDQ has delivered the highest total return (24.2% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lowest fees - GGBL vs GGUS vs GNDQ vs MKAX?

GGBL has the lowest management fee at 0.59% a year, versus GGUS 2.28%, GNDQ 0.84%, and MKAX 1.25%.

Which has performed highest - GGBL vs GGUS vs GNDQ vs MKAX?

Over the past 1 year, GNDQ has delivered the highest total return at 24.2% a year. Past performance is not a reliable indicator of future returns.

Which pays the highest dividend yield?

GNDQ pays the highest at 1.42%. Remember distributions are taxed each year at your marginal rate.

Which is the largest and most liquid?

GGUS is the largest fund by assets ($427m). 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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