GGBL vs GGUS vs GNDQ vs MKAX - Compare ETFs side by side

At a glance

Comparing GGBL, GGUS, GNDQ, and MKAX. GGBL has the lowest management fee at 0.59% a year and GNDQ offers the highest at 1.6%.

Lowest fee

GGBL 0.59% p.a.

Highest yield

GNDQ 1.6%

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)	$82m	$427m	$78m	$69m
Cost & income
Management fee	0.59%	2.28%	0.84%	1.25%
Dividend yield	—	—	1.6%	—
Franking	0%	0%	0%	0%
Turnover	15%	—	15%	—
Tax drag	0.36%	—	0.87%	—
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	—	—	15.7% 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

Pricier than similar ETFs, which average around 0.49%.

Full GGBL analysis →

GGUS BetaShares Geared US Equities Currency Hedged Complex ETF

A 2.28% management fee is high and compounds against you over time.

Full GGUS analysis →

GNDQ BetaShares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF

Top-24% returns over 1 year (75th of 308 ETFs we track).

A 0.84% management fee is high and compounds against you over time.

Full GNDQ analysis →

MKAX Montaka Global Extension Fund - Complex ETF

A 1.25% management fee is high and compounds against you over time.

Full MKAX analysis →

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%). 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 pays the highest dividend yield?

GNDQ pays the highest at 1.6%. 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

GGBL vs GHHF GGBL vs GEAR GGBL vs BGBL GGBL vs LNAS GGUS vs LNAS GNDQ vs NDQ GNDQ vs HNDQ GNDQ vs GHHF

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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.