PAVE vs IFRA vs GLIN vs MICH - Compare ETFs side by side

At a glance

Comparing PAVE, IFRA, GLIN, and MICH. GLIN has the lowest management fee at 0.15% a year, GLIN has the highest 3 years return at 11.9% a year, and GLIN offers the highest at 5.96%.

Lowest fee

GLIN 0.15% p.a.

Highest 3 years return

GLIN 11.9% p.a.

Highest yield

GLIN 5.96%

Highest risk-adjusted

GLIN Sharpe 0.71 (3y)

Lowest volatility

IFRA 11% (3y)

Largest fund

IFRA $2.1bn

Side-by-side comparison

Metric	PAVE Global X US Infrastructure Development ETF	IFRA VanEck FTSE Global Infrastructure (AUD Hedged) ETF	GLIN iShares Core FTSE Global Infrastructure (AUD Hedged) ETF	MICH Magellan Infrastructure Fund (Currency Hedged)
Snapshot
Provider	Global X	VanEck	iShares	—
Tracks index	—	FTSE Developed Core Infrastructure 50/50 Hedged into AUD Index	FTSE Global Core Infrastructure 50/50 Index (AUD Hedged)	S&P Global Infrastructure Index (AUD Hedged)
Categories	Intl, Thematic, US	Intl, Thematic	Intl, Thematic	Intl, Thematic, Active
Listed since	—	2016 (10 yrs)	2023 (3 yrs)	2016 (10 yrs)
Fund size (AUM)	$35m	$2.1bn	$1.7bn	—
Cost & income
Management fee	0.46%	0.2%	0.15%	1.05%
Dividend yield	3.12%	2.97%	5.96%	—
Franking	0%	0%	0%	0%
Turnover	—	15%	5%	20%
Tax drag	1%	1.31%	2.03%	0.48%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	13.6% net	15.8% net	16.1% net	—
3-year return	—	11.7% net	11.9% net	—
5-year return	—	7.5% net	—	—
10-year return	—	7% net	—	—
Risk
Volatility (3y)	—	11%	11%	—
Volatility (5y)	—	12.7%	—	—
Volatility (10y)	—	12.6%	—	—
Sharpe ratio (3y)	—	0.7	0.71	—
Sharpe ratio (5y)	—	0.38	—	—
Sharpe ratio (10y)	—	0.43	—	—
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

PAVE Global X US Infrastructure Development ETF

Cheaper alternatives exist: GLIN and IFRA.

Full PAVE analysis →

IFRA VanEck FTSE Global Infrastructure (AUD Hedged) ETF

Top-23% returns over 1 year (72nd of 308 ETFs we track).
Low-cost: a 0.2% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: TOLL and GLIN.

Full IFRA analysis →

GLIN iShares Core FTSE Global Infrastructure (AUD Hedged) ETF

Top-23% returns over 1 year (70th of 308 ETFs we track).
Low-cost: a 0.15% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: TOLL.

Full GLIN analysis →

MICH Magellan Infrastructure Fund (Currency Hedged)

A 1.05% management fee is high and compounds against you over time.

Full MICH analysis →

Frequently Asked Questions

What's the difference between PAVE vs IFRA vs GLIN vs MICH?

PAVE, IFRA, GLIN, and MICH are 4 Australian-listed ETFs we compare side by side. GLIN carries the lowest management fee (0.15%). Over 3 years, GLIN has delivered the highest total return (11.9% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lowest fees - PAVE vs IFRA vs GLIN vs MICH?

GLIN has the lowest management fee at 0.15% a year, versus PAVE 0.46%, IFRA 0.2%, and MICH 1.05%.

Which has performed highest - PAVE vs IFRA vs GLIN vs MICH?

Over the past 3 years, GLIN has delivered the highest total return at 11.9% a year. Past performance is not a reliable indicator of future returns.

Which pays the highest dividend yield?

GLIN pays the highest at 5.96%. Remember distributions are taxed each year at your marginal rate.

Which is the largest and most liquid?

IFRA is the largest fund by assets ($2.1bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

PAVE vs VBLD IFRA vs CIIH IFRA vs RIIF IFRA vs GHIF IFRA vs TOLL GLIN vs CIIH GLIN vs RIIF GLIN vs GHIF

← Back to all ETFs

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.