GLIN vs IFRA vs MICH vs PAVE - Compare ETFs side by side

At a glance

Comparing GLIN, IFRA, MICH, and PAVE. GLIN has the lowest management fee at 0.15% a year, GLIN has the highest 3 years return at 12.4% a year, and GLIN offers the highest at 6.43%.

Lowest fee

GLIN 0.15% p.a.

Highest 3 years return

GLIN 12.4% p.a.

Highest yield

GLIN 6.43%

Highest risk-adjusted

GLIN Sharpe 0.76 (3y)

Lowest volatility

GLIN 10.8% (3y)

Largest fund

IFRA $2.1bn

Side-by-side comparison

Metric	GLIN iShares Core FTSE Global Infrastructure (AUD Hedged) ETF	IFRA VanEck FTSE Global Infrastructure (AUD Hedged) ETF	MICH Magellan Infrastructure Fund (Currency Hedged)	PAVE Global X US Infrastructure Development ETF
Snapshot
Provider	iShares	VanEck	—	Global X
Tracks index	FTSE Global Core Infrastructure 50/50 Index (AUD Hedged)	FTSE Developed Core Infrastructure 50/50 Hedged into AUD Index	S&P Global Infrastructure Index (AUD Hedged)	—
Categories	Intl, Thematic	Intl, Thematic	Intl, Thematic, Active	Intl, Thematic, US
Listed since	2023 (3 yrs)	2016 (10 yrs)	2016 (10 yrs)	—
Fund size (AUM)	$1.9bn	$2.1bn	—	$40m
Cost & income
Management fee	0.15%	0.2%	1.05%	0.46%
Dividend yield	6.43%	3.21%	—	3.32%
Franking	0%	0%	0%	0%
Turnover	5%	15%	20%	—
Tax drag	2.18%	1.39%	0.48%	1.06%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	4.3% net	4.1% net	—	5.4% net
3-year return	12.4% net	12.3% net	—	—
5-year return	—	6% net	—	—
10-year return	—	6.3% net	—	—
Risk
Volatility (3y)	10.8%	10.8%	—	—
Volatility (5y)	—	13%	—	—
Volatility (10y)	—	12.7%	—	—
Sharpe ratio (3y)	0.76	0.75	—	—
Sharpe ratio (5y)	—	0.26	—	—
Sharpe ratio (10y)	—	0.37	—	—
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

GLIN iShares Core FTSE Global Infrastructure (AUD Hedged) ETF

Low-cost: a 0.15% management fee keeps more of the return in your pocket.
High 6.43% income yield — good for investors who want regular cash flow.

That income is taxed yearly at your marginal rate, so it's less efficient for higher earners.

Full GLIN analysis →

IFRA VanEck FTSE Global Infrastructure (AUD Hedged) ETF

Low-cost: a 0.2% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: GLIN.

Full IFRA analysis →

MICH Magellan Infrastructure Fund (Currency Hedged)

A 1.05% management fee is high and compounds against you over time.

Full MICH analysis →

PAVE Global X US Infrastructure Development ETF

Cheaper alternatives exist: GLIN and IFRA.

Full PAVE analysis →

Frequently Asked Questions

What's the difference between GLIN vs IFRA vs MICH vs PAVE?

GLIN, IFRA, MICH, and PAVE are 4 Australian-listed ETFs we compare side by side. GLIN carries the lowest management fee (0.15%). Over 3 years, GLIN has delivered the highest total return (12.4% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lowest fees - GLIN vs IFRA vs MICH vs PAVE?

GLIN has the lowest management fee at 0.15% a year, versus IFRA 0.2%, MICH 1.05%, and PAVE 0.46%.

Which has performed highest - GLIN vs IFRA vs MICH vs PAVE?

Over the past 3 years, GLIN has delivered the highest total return at 12.4% a year. Past performance is not a reliable indicator of future returns.

Which pays the highest dividend yield?

GLIN pays the highest at 6.43%. Remember distributions are taxed each year at your marginal rate.

Which is the largest and most liquid?

IFRA is the largest fund by assets ($2.1bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

GLIN vs VBLD GLIN vs CIIH GLIN vs RIIF GLIN vs GHIF IFRA vs VBLD IFRA vs CIIH IFRA vs RIIF IFRA vs GHIF

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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.