Grow it · ETFs

HGBL vs QHAL vs QLTY vs QUAL

Compare fees, returns, income and risk for these 4 ASX-listed ETFs side by side.

At a glance

Comparing HGBL, QHAL, QLTY, and QUAL. HGBL has the lowest management fee at 0.11% a year, QUAL has the highest 5 years return at 11.2% a year, and QUAL offers the highest at 3.52%.
Lowest fee
HGBL 0.11% p.a.
Highest 5 years return
QUAL 11.2% p.a.
Highest yield
QUAL 3.52%
Highest risk-adjusted
QUAL Sharpe 0.66 (5y)
Lowest volatility
QUAL 12.6% (5y)
Largest fund
QUAL $8.6bn

Side-by-side comparison

Metric HGBL
BetaShares Global Shares Currency Hedged ETF
QHAL
VanEck MSCI International Quality (AUD Hedged) ETF
QLTY
BetaShares Global Quality Leaders ETF
QUAL
VanEck MSCI International Quality ETF
Snapshot
Provider
BetaShares
VanEck
BetaShares
VanEck
Tracks index
Solactive GBS Developed Markets Large & Mid Cap Index (AUD Hedged)
MSCI World ex Australia Quality Index (AUD Hedged)
iSTOXX MUTB Global ex-Australia Quality Leaders 150 Index
MSCI World ex Australia Quality Index
Categories
Intl, Large-Cap, Market-Cap
Intl, Factor, Quality
Intl, Factor, Quality
Intl, Factor, Quality
Listed since
2021 (5 yrs)
2019 (7 yrs)
2018 (8 yrs)
2014 (12 yrs)
Fund size (AUM)
$2.7bn
$2.5bn
$992m
$8.6bn
Cost & income
Management fee
0.11%
0.43%
0.35%
0.4%
Dividend yield
1.23%
3.44%
3.41%
3.52%
Franking
0%
0%
0%
0%
Turnover
5%
15%
20%
30%
Tax drag 0.51% 1.46% 1.57% 1.85%
Returns
Tax bracket
1-year return
20.6%
net
18.8%
net
6.5%
net
9.2%
net
3-year return
17.9%
net
15.5%
net
13.3%
net
14.8%
net
5-year return
9.3%
net
8.9%
net
11.2%
net
10-year return
15%
net
Risk
Volatility (3y)
11.4%
12.3%
10.9%
10.5%
Volatility (5y)
15.6%
13%
12.6%
Volatility (10y)
11.9%
Sharpe ratio (3y)
1.15
0.91
0.84
0.98
Sharpe ratio (5y)
0.45
0.48
0.66
Sharpe ratio (10y)
1.05
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.
QLTY BetaShares Global Quality Leaders ETF
  • Low-cost: a 0.35% management fee keeps more of the return in your pocket.
  • Cheaper alternatives exist: GARP.
QUAL VanEck MSCI International Quality ETF
  • Top-6% returns over 10 years (7th of 108 ETFs we track).
  • Low-cost: a 0.4% management fee keeps more of the return in your pocket.
  • Cheaper alternatives exist: IVV, GARP, and QLTY.

Frequently Asked Questions

What's the difference between HGBL vs QHAL vs QLTY vs QUAL?

HGBL, QHAL, QLTY, and QUAL are 4 Australian-listed ETFs we compare side by side. HGBL carries the lowest management fee (0.11%). Over 5 years, QUAL has delivered the highest total return (11.2% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lowest fees - HGBL vs QHAL vs QLTY vs QUAL?

HGBL has the lowest management fee at 0.11% a year, versus QHAL 0.43%, QLTY 0.35%, and QUAL 0.4%.

Which has performed highest - HGBL vs QHAL vs QLTY vs QUAL?

Over the past 5 years, QUAL has delivered the highest total return at 11.2% a year. Past performance is not a reliable indicator of future returns.

Which pays the highest dividend yield?

QUAL pays the highest at 3.52%. Remember distributions are taxed each year at your marginal rate.

Which is the largest and most liquid?

QUAL is the largest fund by assets ($8.6bn). 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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