Grow it · ETFs

GMVW vs GEAR

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

At a glance

Comparing GMVW and GEAR. GMVW has the lower management fee at 0.35% a year and GEAR offers the higher at 1.79%.
Lower fee
GMVW 0.35% p.a.
Higher yield
GEAR 1.79%
Larger fund
GEAR $636m

Side-by-side comparison

Metric GMVW
VanEck Geared Australian Equal Weight Complex ETF
GEAR
BetaShares Geared Australian Equity Fund
Snapshot
Provider
VanEck
BetaShares
Tracks index
Categories
AU, Geared, Factor, Active
AU, Large-Cap, Geared
Listed since
2014 (12 yrs)
Fund size (AUM)
$39m
$636m
Cost & income
Management fee
0.35%
2.23%
Dividend yield
1.79%
Franking
80%
72%
Turnover
25%
45%
Tax drag 0.6% 1.28%
Returns
Tax bracket
1-year return
5.7%
net
3-year return
14.9%
net
5-year return
11.3%
net
10-year return
12.5%
net
Risk
Volatility (3y)
24.4%
Volatility (5y)
29.1%
Volatility (10y)
30.5%
Sharpe ratio (3y)
0.52
Sharpe ratio (5y)
0.4
Sharpe ratio (10y)
0.48
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

GMVW VanEck Geared Australian Equal Weight Complex ETF
  • Low-cost: a 0.35% management fee keeps more of the return in your pocket.
GEAR BetaShares Geared Australian Equity Fund
  • Top-21% returns over 5 years (39th of 188 ETFs we track).
  • A 2.23% management fee is high and compounds against you over time.

Frequently Asked Questions

What's the difference between GMVW vs GEAR?

GMVW and GEAR are 2 Australian-listed ETFs we compare side by side. GMVW carries the lower management fee (0.35%). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - GMVW vs GEAR?

GMVW has the lower management fee at 0.35% a year, versus GEAR 2.23%.

Which pays the higher dividend yield?

GEAR pays the higher at 1.79%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

GEAR is the larger fund by assets ($636m). 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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