HGBL vs VGAD - Compare ETFs side by side

At a glance

Comparing HGBL and VGAD. HGBL has the lower management fee at 0.11% a year, HGBL has the higher 3 years return at 17.9% a year, and VGAD offers the higher at 2.42%.

Lower fee

HGBL 0.11% p.a.

Higher 3 years return

HGBL 17.9% p.a.

Higher yield

VGAD 2.42%

Higher risk-adjusted

HGBL Sharpe 1.15 (3y)

Lower volatility

HGBL 11.4% (3y)

Larger fund

VGAD $7.4bn

Side-by-side comparison

Metric	HGBL BetaShares Global Shares Currency Hedged ETF	VGAD Vanguard MSCI Index International Shares (Hedged) ETF
Snapshot
Provider	BetaShares	Vanguard
Tracks index	Solactive GBS Developed Markets Large & Mid Cap Index (AUD Hedged)	MSCI World ex Australia Index (AUD Hedged)
Categories	Intl, Large-Cap, Market-Cap	Intl, Large-Cap, Market-Cap
Listed since	2021 (5 yrs)	2014 (12 yrs)
Fund size (AUM)	$2.7bn	$7.4bn
Cost & income
Management fee	0.11%	0.22%
Dividend yield	1.23%	2.42%
Franking	0%	0%
Turnover	5%	5%
Tax drag	0.51%	0.89%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	20.6% net	19.9% net
3-year return	17.9% net	17.5% net
5-year return	—	10.9% net
10-year return	—	12.4% net
Risk
Volatility (3y)	11.4%	11.5%
Volatility (5y)	—	14.2%
Volatility (10y)	—	14%
Sharpe ratio (3y)	1.15	1.11
Sharpe ratio (5y)	—	0.58
Sharpe ratio (10y)	—	0.75
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.

Full HGBL analysis →

VGAD Vanguard MSCI Index International Shares (Hedged) ETF

Top-16% returns over 1 year (48th of 308 ETFs we track).
Low-cost: a 0.22% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: BGBL, IHVV, and HGBL.

Full VGAD analysis →

Frequently Asked Questions

What's the difference between HGBL vs VGAD?

HGBL and VGAD 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 VGAD?

HGBL has the lower management fee at 0.11% a year, versus VGAD 0.22%.

Which has performed higher - HGBL vs VGAD?

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?

VGAD pays the higher at 2.42%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

VGAD is the larger fund by assets ($7.4bn). Larger funds are typically more liquid and trade on tighter spreads.

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HGBL vs QHAL HGBL vs BGBL HGBL vs VGS HGBL vs GHRP HGBL vs IHOO HGBL vs IHWL VGAD vs VGS VGAD vs BGBL

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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.