MKAX vs GGBL - Compare ETFs side by side

At a glance

Comparing MKAX and GGBL. GGBL has the lower management fee at 0.59% a year.

Lower fee

GGBL 0.59% p.a.

Larger fund

GGBL $82m

Side-by-side comparison

Metric	MKAX Montaka Global Extension Fund - Complex ETF	GGBL BetaShares Wealth Builder Global Shares Geared (30-40% LVR) Complex ETF
Snapshot
Provider	—	BetaShares
Tracks index	—	—
Categories	Intl, Geared, Active	Intl, Large-Cap, Geared
Listed since	—	2025 (1 yr)
Fund size (AUM)	$69m	$82m
Cost & income
Management fee	1.25%	0.59%
Dividend yield	—	—
Franking	0%	0%
Turnover	—	15%
Tax drag	—	0.36%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	—	—
3-year return	—	—
5-year return	—	—
10-year return	—	—
Risk
Volatility (3y)	—	—
Volatility (5y)	—	—
Volatility (10y)	—	—
Sharpe ratio (3y)	—	—
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

MKAX Montaka Global Extension Fund - Complex ETF

A 1.25% management fee is high and compounds against you over time.

Full MKAX analysis →

GGBL BetaShares Wealth Builder Global Shares Geared (30-40% LVR) Complex ETF

Pricier than similar ETFs, which average around 0.49%.

Full GGBL analysis →

Frequently Asked Questions

What's the difference between MKAX vs GGBL?

MKAX and GGBL are 2 Australian-listed ETFs we compare side by side. GGBL carries the lower management fee (0.59%). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - MKAX vs GGBL?

GGBL has the lower management fee at 0.59% a year, versus MKAX 1.25%.

Which is the larger and most liquid?

GGBL is the larger fund by assets ($82m). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

MKAX vs GGUS MKAX vs GNDQ GGBL vs GNDQ GGBL vs GHHF GGBL vs GEAR GGBL vs BGBL GGBL vs LNAS GGBL vs GGUS

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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.