Grow it · ETFs

QRE vs GDX vs MNRS vs WIRE

Compare fees, returns, income and risk for these 4 ASX-listed ETFs side by side.

At a glance

Comparing QRE, GDX, MNRS, and WIRE. QRE has the lowest management fee at 0.34% a year, MNRS has the highest 10 years return at 15.6% a year, and GDX offers the highest at 16.48%.
Lowest fee
QRE 0.34% p.a.
Highest 10 years return
MNRS 15.6% p.a.
Highest yield
GDX 16.48%
Highest risk-adjusted
QRE Sharpe 0.69 (10y)
Lowest volatility
QRE 19.4% (10y)
Largest fund
GDX $1.5bn

Side-by-side comparison

Metric QRE
BetaShares Australian Resources Sector ETF
GDX
VanEck Gold Miners ETF
MNRS
BetaShares Global Gold Miners Currency Hedged ETF
WIRE
Global X Copper Miners ETF
Snapshot
Provider
BetaShares
VanEck
BetaShares
Global X
Tracks index
S&P/ASX 200 Resources Index
NYSE Arca Gold Miners Index
Nasdaq Global ex-Australia Gold Miners Currency Hedged AUD Index
Solactive Global Copper Miners Index
Categories
AU, Thematic
Intl, Commodities, Thematic
Intl, Commodities, Thematic
Intl, Thematic, Commodities
Listed since
2011 (15 yrs)
2015 (11 yrs)
2016 (10 yrs)
2021 (5 yrs)
Fund size (AUM)
$458m
$1.5bn
$280m
$909m
Cost & income
Management fee
0.34%
0.53%
0.57%
0.65%
Dividend yield
2.2%
16.48%
7.24%
3.01%
Franking
90%
0%
0%
0%
Turnover
18%
25%
25%
20%
Tax drag 0.56% 5.87% 2.92% 1.44%
Returns
Tax bracket
1-year return
32%
net
13.4%
net
57.8%
net
38.4%
net
3-year return
13.7%
net
47.3%
net
51.3%
net
31.3%
net
5-year return
15.4%
net
27.6%
net
24.9%
net
—
10-year return
14.7%
net
15.2%
net
15.6%
net
—
Risk
Volatility (3y)
19%
35.7%
38.1%
28.9%
Volatility (5y)
18.9%
33%
34.8%
—
Volatility (10y)
19.4%
30.3%
32.2%
—
Sharpe ratio (3y)
0.55
1.15
1.18
0.95
Sharpe ratio (5y)
0.68
0.8
0.72
—
Sharpe ratio (10y)
0.69
0.54
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

QRE BetaShares Australian Resources Sector ETF
  • Top-6% returns over 1 year (19th of 318 ETFs we track).
  • Low-cost: a 0.34% management fee keeps more of the return in your pocket.
  • Highly concentrated single-theme bet — keep the position size small.
GDX VanEck Gold Miners ETF
  • Top-1% returns over 5 years (2nd of 189 ETFs we track).
  • High 16.48% income yield — good for investors who want regular cash flow.
  • Pricier than similar ETFs, which average around 0.46%.
MNRS BetaShares Global Gold Miners Currency Hedged ETF
  • Top-1% returns over 3 years (2nd of 236 ETFs we track).
  • High 7.24% income yield — good for investors who want regular cash flow.
  • Pricier than similar ETFs, which average around 0.46%.
WIRE Global X Copper Miners ETF
  • Top-4% returns over 3 years (10th of 236 ETFs we track).
  • Pricier than similar ETFs, which average around 0.46%.

Frequently Asked Questions

What's the difference between QRE vs GDX vs MNRS vs WIRE?

QRE, GDX, MNRS, and WIRE are 4 Australian-listed ETFs we compare side by side. QRE carries the lowest management fee (0.34%). Over 10 years, MNRS has delivered the highest total return (15.6% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lowest fees - QRE vs GDX vs MNRS vs WIRE?

QRE has the lowest management fee at 0.34% a year, versus GDX 0.53%, MNRS 0.57%, and WIRE 0.65%.

Which has performed highest - QRE vs GDX vs MNRS vs WIRE?

Over the past 10 years, MNRS has delivered the highest total return at 15.6% a year. Past performance is not a reliable indicator of future returns.

Which pays the highest dividend yield?

GDX pays the highest at 16.48%. Remember distributions are taxed each year at your marginal rate.

Which is the largest and most liquid?

GDX is the largest fund by assets ($1.5bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

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.

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