Grow it · ETFs

GTUM vs MTUM

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

At a glance

Comparing GTUM and MTUM. GTUM has the lower management fee at 0.35% a year and MTUM offers the higher at 2.26%.
Lower fee
GTUM 0.35% p.a.
Higher yield
MTUM 2.26%
Larger fund
MTUM $242m

Side-by-side comparison

Metric GTUM
BetaShares Global Momentum ETF
MTUM
BetaShares Australian Momentum ETF
Snapshot
Provider
BetaShares
BetaShares
Tracks index
Solactive Global Developed Markets Momentum Select Index
Solactive Australia Momentum Select Index
Categories
Intl, Factor, Momentum
AU, Factor, Momentum
Listed since
2026
2024 (2 yrs)
Fund size (AUM)
$18m
$242m
Cost & income
Management fee
0.35%
0.35%
Dividend yield
2.26%
Franking
0%
75%
Turnover
100%
60%
Tax drag 2.4% 1.67%
Returns
Tax bracket
1-year return
-5.1%
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

GTUM BetaShares Global Momentum ETF
  • Low-cost: a 0.35% management fee keeps more of the return in your pocket.
  • Cheaper alternatives exist: GARP.
MTUM BetaShares Australian Momentum ETF
  • Low-cost: a 0.35% management fee keeps more of the return in your pocket.
  • Pricier than similar ETFs, which average around 0.34%.

Frequently Asked Questions

What's the difference between GTUM vs MTUM?

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

Which has the lower fees - GTUM vs MTUM?

GTUM has the lower management fee at 0.35% a year, versus MTUM 0.35%.

Which pays the higher dividend yield?

MTUM pays the higher at 2.26%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

MTUM is the larger fund by assets ($242m). 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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