LEVR vs GMVW - Compare ETFs side by side

At a glance

Comparing LEVR and GMVW. GMVW has the lower management fee at 0.35% a year and LEVR offers the higher at 0.64%.

Lower fee

GMVW 0.35% p.a.

Higher yield

LEVR 0.64%

Larger fund

LEVR $231m

Side-by-side comparison

Metric	LEVR First Sentier Geared Australian Share Complex ETF	GMVW VanEck Geared Australian Equal Weight Complex ETF
Snapshot
Provider	—	VanEck
Tracks index	—	—
Categories	AU, Geared, Active	AU, Geared, Factor, Active
Listed since	—	—
Fund size (AUM)	$231m	$39m
Cost & income
Management fee	2.38%	0.35%
Dividend yield	0.64%	—
Franking	75%	80%
Turnover	45%	25%
Tax drag	1.14%	0.6%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	-15.9% net	—
3-year return	12.4% net	—
5-year return	—	—
10-year return	—	—
Risk
Volatility (3y)	26.3%	—
Volatility (5y)	—	—
Volatility (10y)	—	—
Sharpe ratio (3y)	0.42	—
Sharpe ratio (5y)	—	—
Sharpe ratio (10y)	—	—
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

LEVR First Sentier Geared Australian Share Complex ETF

Has lagged most peers over 1 year (301st of 318).

Full LEVR analysis →

GMVW VanEck Geared Australian Equal Weight Complex ETF

Low-cost: a 0.35% management fee keeps more of the return in your pocket.

Full GMVW analysis →

Frequently Asked Questions

What's the difference between LEVR vs GMVW?

LEVR and GMVW are 2 Australian-listed ETFs we compare side by side. GMVW carries the lower management fee (0.35%). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - LEVR vs GMVW?

GMVW has the lower management fee at 0.35% a year, versus LEVR 2.38%.

Which pays the higher dividend yield?

LEVR pays the higher at 0.64%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

LEVR is the larger fund by assets ($231m). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

LEVR vs GEAR LEVR vs G200 LEVR vs ALFA GMVW vs GEAR GMVW vs G200

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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.