QAU vs GXLD - Compare ETFs side by side

At a glance

Comparing QAU and GXLD. GXLD has the lower management fee at 0.15% a year, QAU has the higher 1 year return at 8.7% a year, and QAU offers the higher at 5.29%.

Lower fee

GXLD 0.15% p.a.

Higher 1 year return

QAU 8.7% p.a.

Higher yield

QAU 5.29%

Larger fund

QAU $1.2bn

Side-by-side comparison

Metric	QAU BetaShares Gold Bullion ETF (Currency Hedged)	GXLD Global X Gold Bullion ETF
Snapshot
Provider	BetaShares	Global X
Tracks index	—	LBMA Gold Price
Categories	Commodities	Commodities
Listed since	—	—
Fund size (AUM)	$1.2bn	$768m
Cost & income
Management fee	0.59%	0.15%
Dividend yield	5.29%	0%
Franking	0%	0%
Turnover	—	—
Tax drag	1.69%	0%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	8.7% net	3.9% net
3-year return	28.6% net	—
5-year return	16.9% net	—
10-year return	10.1% net	—
Risk
Volatility (3y)	19.5%	—
Volatility (5y)	17.5%	—
Volatility (10y)	15.7%	—
Sharpe ratio (3y)	1.18	—
Sharpe ratio (5y)	0.79	—
Sharpe ratio (10y)	0.55	—
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-5% returns over 3 years (12th of 236 ETFs we track).
Pays a useful 5.29% income yield.

Pricier than similar ETFs, which average around 0.49%.

Full QAU analysis →

GXLD Global X Gold Bullion ETF

Low-cost: a 0.15% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: NUGG.

Full GXLD analysis →

Frequently Asked Questions

What's the difference between QAU vs GXLD?

QAU and GXLD are 2 Australian-listed ETFs we compare side by side. GXLD carries the lower management fee (0.15%). Over 1 year, QAU has delivered the higher total return (8.7% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - QAU vs GXLD?

GXLD has the lower management fee at 0.15% a year, versus QAU 0.59%.

Which has performed higher - QAU vs GXLD?

Over the past 1 year, QAU has delivered the higher total return at 8.7% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

QAU pays the higher at 5.29%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

QAU is the larger fund by assets ($1.2bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

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

← 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.