Grow it · ETFs

IHWL vs HGBL

Compare fees, returns, income and risk for these 2 ASX-listed 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 17.9% a year, and IHWL offers the higher at 5.65%.
Lower fee
HGBL 0.11% p.a.
Higher 3 years return
HGBL 17.9% p.a.
Higher yield
IHWL 5.65%
Higher risk-adjusted
HGBL Sharpe 1.15 (3y)
Lower volatility
HGBL 11.4% (3y)
Larger fund
HGBL $2.7bn

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)
$1bn
$2.7bn
Cost & income
Management fee
0.15%
0.11%
Dividend yield
5.65%
1.23%
Franking
0%
0%
Turnover
5%
Tax drag 1.81% 0.51%
Returns
Tax bracket
1-year return
19.8%
net
20.6%
net
3-year return
17.6%
net
17.9%
net
5-year return
11.2%
net
10-year return
12.5%
net
Risk
Volatility (3y)
12.5%
11.4%
Volatility (5y)
15.3%
Volatility (10y)
14.7%
Sharpe ratio (3y)
1.04
1.15
Sharpe ratio (5y)
0.56
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 1 year (49th of 308 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.
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.

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 (17.9% 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 17.9% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

IHWL pays the higher at 5.65%. 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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