Grow it · ETFs

GMTL vs WIRE

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

At a glance

Comparing GMTL and WIRE. WIRE has the lower management fee at 0.65% a year, WIRE has the higher 3 years return at 24.1% a year, and GMTL offers the higher at 9.58%.
Lower fee
WIRE 0.65% p.a.
Higher 3 years return
WIRE 24.1% p.a.
Higher yield
GMTL 9.58%
Higher risk-adjusted
WIRE Sharpe 0.77 (3y)
Lower volatility
GMTL 26.2% (3y)
Larger fund
WIRE $826m

Side-by-side comparison

Metric GMTL
Global X Green Metal Miners ETF
WIRE
Global X Copper Miners ETF
Snapshot
Provider
Global X
Global X
Tracks index
Solactive Global Copper Miners Index
Categories
Intl, Thematic
Intl, Thematic, Commodities
Listed since
2021 (5 yrs)
Fund size (AUM)
$11m
$826m
Cost & income
Management fee
0.69%
0.65%
Dividend yield
9.58%
3.26%
Franking
0%
0%
Turnover
20%
Tax drag 3.07% 1.52%
Returns
Tax bracket
1-year return
49.7%
net
72.3%
net
3-year return
10.7%
net
24.1%
net
5-year return
10-year return
Risk
Volatility (3y)
26.2%
27.9%
Volatility (5y)
Volatility (10y)
Sharpe ratio (3y)
0.36
0.77
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

GMTL Global X Green Metal Miners ETF
  • Top-4% returns over 1 year (12th of 308 ETFs we track).
  • High 9.58% income yield — good for investors who want regular cash flow.
  • Pricier than similar ETFs, which average around 0.46%.
WIRE Global X Copper Miners ETF
  • Top-1% returns over 1 year (3rd of 308 ETFs we track).
  • Pricier than similar ETFs, which average around 0.46%.

Frequently Asked Questions

What's the difference between GMTL vs WIRE?

GMTL and WIRE are 2 Australian-listed ETFs we compare side by side. WIRE carries the lower management fee (0.65%). Over 3 years, WIRE has delivered the higher total return (24.1% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - GMTL vs WIRE?

WIRE has the lower management fee at 0.65% a year, versus GMTL 0.69%.

Which has performed higher - GMTL vs WIRE?

Over the past 3 years, WIRE has delivered the higher total return at 24.1% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

GMTL pays the higher at 9.58%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

WIRE is the larger fund by assets ($826m). 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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