At a glance
Side-by-side comparison
| Metric |
VBLD
Vanguard Global Infrastructure Index 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 |
Vanguard
|
VanEck
|
iShares
|
—
|
| Tracks index |
FTSE Developed Core Infrastructure 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
|
Intl, Thematic
|
Intl, Thematic
|
Intl, Thematic, Active
|
| Listed since |
—
|
2016 (10 yrs)
|
2023 (3 yrs)
|
2016 (10 yrs)
|
| Fund size (AUM) |
$648m
|
$2.1bn
|
$1.9bn
|
—
|
| Cost & income | ||||
| Management fee |
0.46%
|
0.2%
|
0.15%
|
1.05%
|
| Dividend yield |
2.33%
|
3.21%
|
6.43%
|
—
|
| Franking |
0%
|
0%
|
0%
|
0%
|
| Turnover |
—
|
15%
|
5%
|
20%
|
| Tax drag | 0.75% | 1.39% | 2.18% | 0.48% |
| Returns |
Tax bracket
|
|||
| 1-year return |
-1.6%
net
|
4.1%
net
|
4.3%
net
|
—
|
| 3-year return |
9.6%
net
|
12.3%
net
|
12.4%
net
|
—
|
| 5-year return |
6.5%
net
|
6%
net
|
—
|
—
|
| 10-year return |
—
|
6.3%
net
|
—
|
—
|
| Risk | ||||
| Volatility (3y) |
10.8%
|
10.8%
|
10.8%
|
—
|
| Volatility (5y) |
10.9%
|
13%
|
—
|
—
|
| Volatility (10y) |
—
|
12.7%
|
—
|
—
|
| Sharpe ratio (3y) |
0.52
|
0.75
|
0.76
|
—
|
| Sharpe ratio (5y) |
0.32
|
0.26
|
—
|
—
|
| Sharpe ratio (10y) |
—
|
0.37
|
—
|
—
|
| 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
- Has lagged most peers over 1 year (246th of 318).
- Low-cost: a 0.2% management fee keeps more of the return in your pocket.
- Cheaper alternatives exist: GLIN.
- Low-cost: a 0.15% management fee keeps more of the return in your pocket.
- High 6.43% income yield — good for investors who want regular cash flow.
- That income is taxed yearly at your marginal rate, so it's less efficient for higher earners.
- A 1.05% management fee is high and compounds against you over time.
Frequently Asked Questions
VBLD, IFRA, GLIN, and MICH are 4 Australian-listed ETFs we compare side by side. GLIN carries the lowest management fee (0.15%). Over 5 years, VBLD has delivered the highest total return (6.5% a year). The table above breaks down fees, returns, income and risk for each.
GLIN has the lowest management fee at 0.15% a year, versus VBLD 0.46%, IFRA 0.2%, and MICH 1.05%.
Over the past 5 years, VBLD has delivered the highest total return at 6.5% a year. Past performance is not a reliable indicator of future returns.
GLIN pays the highest at 6.43%. Remember distributions are taxed each year at your marginal rate.
IFRA is the largest fund by assets ($2.1bn). 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.