At a glance
Side-by-side comparison
| Metric |
LEVR
First Sentier Geared Australian Share Complex ETF
|
GEAR
BetaShares Geared Australian Equity Fund
|
G200
BetaShares Wealth Builder Australia 200 Geared (30-40% LVR) Complex ETF
|
ALFA
VanEck Australian Long Short Complex ETF
|
|---|---|---|---|---|
| Snapshot | ||||
| Provider |
—
|
BetaShares
|
BetaShares
|
VanEck
|
| Tracks index |
—
|
—
|
—
|
—
|
| Categories |
AU, Geared, Active
|
AU, Large-Cap, Geared
|
AU, Large-Cap, Geared
|
AU, Geared, Active
|
| Listed since |
—
|
2014 (12 yrs)
|
2024 (2 yrs)
|
—
|
| Fund size (AUM) |
$231m
|
$572m
|
$37m
|
$37m
|
| Cost & income | ||||
| Management fee |
2.38%
|
2.23%
|
0.59%
|
0.39%
|
| Dividend yield |
0.64%
|
1.85%
|
1.73%
|
0.87%
|
| Franking |
75%
|
72%
|
75%
|
30%
|
| Turnover |
45%
|
45%
|
15%
|
150%
|
| Tax drag | 1.14% | 1.28% | 0.54% | 3.8% |
| Returns |
Tax bracket
|
|||
| 1-year return |
-15.9%
net
|
-1.4%
net
|
1.4%
net
|
-1.7%
net
|
| 3-year return |
12.4%
net
|
17.5%
net
|
—
|
—
|
| 5-year return |
—
|
10.4%
net
|
—
|
—
|
| 10-year return |
—
|
12.5%
net
|
—
|
—
|
| Risk | ||||
| Volatility (3y) |
26.3%
|
24.1%
|
—
|
—
|
| Volatility (5y) |
—
|
29.1%
|
—
|
—
|
| Volatility (10y) |
—
|
30.5%
|
—
|
—
|
| Sharpe ratio (3y) |
0.42
|
0.62
|
—
|
—
|
| Sharpe ratio (5y) |
—
|
0.37
|
—
|
—
|
| Sharpe ratio (10y) |
—
|
0.48
|
—
|
—
|
| 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
- Has lagged most peers over 1 year (301st of 318).
- Top-25% returns over 10 years (28th of 110 ETFs we track).
- Has lagged most peers over 1 year (242nd of 318).
- Pricier than similar ETFs, which average around 0.31%.
- Low-cost: a 0.39% management fee keeps more of the return in your pocket.
- High portfolio turnover (150% a year) means frequent trading that realises capital gains, adding tax drag — less efficient than a low-turnover index fund.
Frequently Asked Questions
LEVR, GEAR, G200, and ALFA are 4 Australian-listed ETFs we compare side by side. ALFA carries the lowest management fee (0.39%). Over 3 years, GEAR has delivered the highest total return (17.5% a year). The table above breaks down fees, returns, income and risk for each.
ALFA has the lowest management fee at 0.39% a year, versus LEVR 2.38%, GEAR 2.23%, and G200 0.59%.
Over the past 3 years, GEAR has delivered the highest total return at 17.5% a year. Past performance is not a reliable indicator of future returns.
GEAR pays the highest at 1.85%. Remember distributions are taxed each year at your marginal rate.
GEAR is the largest fund by assets ($572m). 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.