QAU vs GHLD - Compare ETFs side by side

At a glance

Comparing QAU and GHLD. GHLD has the lower management fee at 0.35% a year, QAU has the higher 1 year return at 20.9% a year, and QAU offers the higher at 5.46%.

Lower fee

GHLD 0.35% p.a.

Higher 1 year return

QAU 20.9% p.a.

Higher yield

QAU 5.46%

Larger fund

QAU $1.1bn

Side-by-side comparison

Metric	QAU BetaShares Gold Bullion ETF (Currency Hedged)	GHLD Global X Gold Bullion (Currency Hedged) ETF
Snapshot
Provider	BetaShares	Global X
Tracks index	—	—
Categories	Commodities	Commodities
Listed since	—	—
Fund size (AUM)	$1.1bn	$219m
Cost & income
Management fee	0.59%	0.35%
Dividend yield	5.46%	0%
Franking	0%	0%
Turnover	—	—
Tax drag	1.75%	0%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	20.9% net	19.6% net
3-year return	25.2% net	—
5-year return	14.8% net	—
10-year return	9.7% net	—
Risk
Volatility (3y)	18.9%	—
Volatility (5y)	17.1%	—
Volatility (10y)	15.3%	—
Sharpe ratio (3y)	1.07	—
Sharpe ratio (5y)	0.71	—
Sharpe ratio (10y)	0.54	—
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

QAU BetaShares Gold Bullion ETF (Currency Hedged)

Top-6% returns over 3 years (13th of 226 ETFs we track).
Pays a useful 5.46% income yield.

Pricier than similar ETFs, which average around 0.49%.

Full QAU analysis →

GHLD Global X Gold Bullion (Currency Hedged) ETF

Top-16% returns over 1 year (50th of 308 ETFs we track).
Low-cost: a 0.35% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: PMGOLD, GXLD, and NUGG.

Full GHLD analysis →

Frequently Asked Questions

What's the difference between QAU vs GHLD?

QAU and GHLD are 2 Australian-listed ETFs we compare side by side. GHLD carries the lower management fee (0.35%). Over 1 year, QAU has delivered the higher total return (20.9% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - QAU vs GHLD?

GHLD has the lower management fee at 0.35% a year, versus QAU 0.59%.

Which has performed higher - QAU vs GHLD?

Over the past 1 year, QAU has delivered the higher total return at 20.9% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

QAU pays the higher at 5.46%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

QAU is the larger fund by assets ($1.1bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

QAU vs GOLD QAU vs PMGOLD QAU vs GXLD QAU vs NUGG QAU vs GLDN GHLD vs GOLD GHLD vs PMGOLD GHLD vs GXLD

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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.