IHWL vs HGBL - Compare ETFs side by side

At a glance

Comparing IHWL and HGBL. HGBL has the lower management fee at 0.11% a year, HGBL has the higher 3 years return at 20.9% a year, and IHWL offers the higher at 5.54%.

Lower fee

HGBL 0.11% p.a.

Higher 3 years return

HGBL 20.9% p.a.

Higher yield

IHWL 5.54%

Higher risk-adjusted

HGBL Sharpe 1.43 (3y)

Lower volatility

HGBL 10.9% (3y)

Larger fund

HGBL $2.9bn

Side-by-side comparison

Metric	IHWL iShares Core MSCI World ex Australia ESG (AUD Hedged) ETF	HGBL BetaShares Global Shares Currency Hedged ETF
Snapshot
Provider	iShares	BetaShares
Tracks index	—	Solactive GBS Developed Markets Large & Mid Cap Index (AUD Hedged)
Categories	Intl, Large-Cap, Market-Cap, ESG	Intl, Large-Cap, Market-Cap
Listed since	—	2021 (5 yrs)
Fund size (AUM)	$1.1bn	$2.9bn
Cost & income
Management fee	0.15%	0.11%
Dividend yield	5.54%	1.21%
Franking	0%	0%
Turnover	—	5%
Tax drag	1.77%	0.51%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	16.4% net	16.6% net
3-year return	20.5% net	20.9% net
5-year return	11.8% net	—
10-year return	12.6% net	—
Risk
Volatility (3y)	12.1%	10.9%
Volatility (5y)	15.1%	—
Volatility (10y)	14.7%	—
Sharpe ratio (3y)	1.27	1.43
Sharpe ratio (5y)	0.59	—
Sharpe ratio (10y)	0.73	—
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

IHWL iShares Core MSCI World ex Australia ESG (AUD Hedged) ETF

Top-16% returns over 3 years (38th of 236 ETFs we track).
Low-cost: a 0.15% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: BGBL, WXHG, and HGBL.

Full IHWL analysis →

HGBL BetaShares Global Shares Currency Hedged ETF

Top-15% returns over 3 years (36th of 236 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 →

Frequently Asked Questions

What's the difference between IHWL vs HGBL?

IHWL and HGBL 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 (20.9% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - IHWL vs HGBL?

HGBL has the lower management fee at 0.11% a year, versus IHWL 0.15%.

Which has performed higher - IHWL vs HGBL?

Over the past 3 years, HGBL has delivered the higher total return at 20.9% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

IHWL pays the higher at 5.54%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

HGBL is the larger fund by assets ($2.9bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

IHWL vs VGAD IHWL vs BGBL IHWL vs GHRP IHWL vs IHOO IHWL vs WXHG HGBL vs VGAD HGBL vs QHAL HGBL 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.