Grow it · ETFs

GHRP vs VGAD vs HGBL vs IHWL

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

At a glance

Comparing GHRP, VGAD, HGBL, and IHWL. HGBL has the lowest management fee at 0.11% a year, IHWL has the highest 10 years return at 12.6% a year, and IHWL offers the highest at 5.54%.
Lowest fee
HGBL 0.11% p.a.
Highest 10 years return
IHWL 12.6% p.a.
Highest yield
IHWL 5.54%
Highest risk-adjusted
VGAD Sharpe 0.75 (10y)
Lowest volatility
VGAD 14.1% (10y)
Largest fund
VGAD $7.9bn

Side-by-side comparison

Metric GHRP
Global X S&P World ex Australia GARP (Currency Hedged) ETF
VGAD
Vanguard MSCI Index International Shares (Hedged) ETF
HGBL
BetaShares Global Shares Currency Hedged ETF
IHWL
iShares Core MSCI World ex Australia ESG (AUD Hedged) ETF
Snapshot
Provider
Global X
Vanguard
BetaShares
iShares
Tracks index
—
MSCI World ex Australia Index (AUD Hedged)
Solactive GBS Developed Markets Large & Mid Cap Index (AUD Hedged)
—
Categories
Intl, Large-Cap, Market-Cap, Factor
Intl, Large-Cap, Market-Cap
Intl, Large-Cap, Market-Cap
Intl, Large-Cap, Market-Cap, ESG
Listed since
—
2014 (12 yrs)
2021 (5 yrs)
—
Fund size (AUM)
$133m
$7.9bn
$2.9bn
$1.1bn
Cost & income
Management fee
0.3%
0.22%
0.11%
0.15%
Dividend yield
—
2.38%
1.21%
5.54%
Franking
0%
0%
0%
0%
Turnover
—
5%
5%
—
Tax drag — 0.88% 0.51% 1.77%
Returns
Tax bracket
1-year return
—
15.7%
net
16.6%
net
16.4%
net
3-year return
—
20.5%
net
20.9%
net
20.5%
net
5-year return
—
11.5%
net
—
11.8%
net
10-year return
—
12.5%
net
—
12.6%
net
Risk
Volatility (3y)
—
11%
10.9%
12.1%
Volatility (5y)
—
14%
—
15.1%
Volatility (10y)
—
14.1%
—
14.7%
Sharpe ratio (3y)
—
1.39
1.43
1.27
Sharpe ratio (5y)
—
0.61
—
0.59
Sharpe ratio (10y)
—
0.75
—
0.73
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

GHRP Global X S&P World ex Australia GARP (Currency Hedged) ETF
  • Low-cost: a 0.3% management fee keeps more of the return in your pocket.
  • Cheaper alternatives exist: HGBL, IHWL, and VGAD.
VGAD Vanguard MSCI Index International Shares (Hedged) ETF
  • Top-17% returns over 3 years (39th of 236 ETFs we track).
  • Low-cost: a 0.22% management fee keeps more of the return in your pocket.
  • Cheaper alternatives exist: BGBL, IHVV, and HGBL.
HGBL BetaShares Global Shares Currency Hedged ETF
  • Top-15% returns over 3 years (36th of 236 ETFs we track).
  • Low-cost: a 0.11% management fee keeps more of the return in your pocket.
  • Cheaper alternatives exist: BGBL.
IHWL iShares Core MSCI World ex Australia ESG (AUD Hedged) ETF
  • Top-16% returns over 3 years (38th of 236 ETFs we track).
  • Low-cost: a 0.15% management fee keeps more of the return in your pocket.
  • Cheaper alternatives exist: BGBL, WXHG, and HGBL.

Frequently Asked Questions

What's the difference between GHRP vs VGAD vs HGBL vs IHWL?

GHRP, VGAD, HGBL, and IHWL are 4 Australian-listed ETFs we compare side by side. HGBL carries the lowest management fee (0.11%). Over 10 years, IHWL has delivered the highest total return (12.6% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lowest fees - GHRP vs VGAD vs HGBL vs IHWL?

HGBL has the lowest management fee at 0.11% a year, versus GHRP 0.3%, VGAD 0.22%, and IHWL 0.15%.

Which has performed highest - GHRP vs VGAD vs HGBL vs IHWL?

Over the past 10 years, IHWL has delivered the highest total return at 12.6% a year. Past performance is not a reliable indicator of future returns.

Which pays the highest dividend yield?

IHWL pays the highest at 5.54%. Remember distributions are taxed each year at your marginal rate.

Which is the largest and most liquid?

VGAD is the largest fund by assets ($7.9bn). 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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