Grow it · ETFs

HGBL vs QHAL

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

At a glance

Comparing HGBL and QHAL. HGBL has the lower management fee at 0.11% a year, HGBL has the higher 3 years return at 17.9% a year, and QHAL offers the higher at 3.44%.
Lower fee
HGBL 0.11% p.a.
Higher 3 years return
HGBL 17.9% p.a.
Higher yield
QHAL 3.44%
Higher risk-adjusted
HGBL Sharpe 1.15 (3y)
Lower volatility
HGBL 11.4% (3y)
Larger fund
HGBL $2.7bn

Side-by-side comparison

Metric HGBL
BetaShares Global Shares Currency Hedged ETF
QHAL
VanEck MSCI International Quality (AUD Hedged) ETF
Snapshot
Provider
BetaShares
VanEck
Tracks index
Solactive GBS Developed Markets Large & Mid Cap Index (AUD Hedged)
MSCI World ex Australia Quality Index (AUD Hedged)
Categories
Intl, Large-Cap, Market-Cap
Intl, Factor, Quality
Listed since
2021 (5 yrs)
2019 (7 yrs)
Fund size (AUM)
$2.7bn
$2.5bn
Cost & income
Management fee
0.11%
0.43%
Dividend yield
1.23%
3.44%
Franking
0%
0%
Turnover
5%
15%
Tax drag 0.51% 1.46%
Returns
Tax bracket
1-year return
20.6%
net
18.8%
net
3-year return
17.9%
net
15.5%
net
5-year return
9.3%
net
10-year return
Risk
Volatility (3y)
11.4%
12.3%
Volatility (5y)
15.6%
Volatility (10y)
Sharpe ratio (3y)
1.15
0.91
Sharpe ratio (5y)
0.45
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

HGBL BetaShares Global Shares Currency Hedged ETF
  • Top-15% returns over 1 year (45th of 308 ETFs we track).
  • Low-cost: a 0.11% management fee keeps more of the return in your pocket.
  • Cheaper alternatives exist: BGBL.
QHAL VanEck MSCI International Quality (AUD Hedged) ETF
  • Top-18% returns over 1 year (55th of 308 ETFs we track).
  • Cheaper alternatives exist: HGBL, VGAD, and QLTY.

Frequently Asked Questions

What's the difference between HGBL vs QHAL?

HGBL and QHAL are 2 Australian-listed ETFs we compare side by side. HGBL carries the lower management fee (0.11%). Over 3 years, HGBL has delivered the higher total return (17.9% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - HGBL vs QHAL?

HGBL has the lower management fee at 0.11% a year, versus QHAL 0.43%.

Which has performed higher - HGBL vs QHAL?

Over the past 3 years, HGBL has delivered the higher total return at 17.9% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

QHAL pays the higher at 3.44%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

HGBL is the larger fund by assets ($2.7bn). 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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