Is GHHF a good ETF?
GHHF is the BetaShares Wealth Builder Diversified All Growth Geared (30-40% LVR) Complex ETF from BetaShares. We classify it under AU, Intl, and Geared. With about $365 million in assets it is a solidly established fund. Listed on the ASX since 2024-04-19 (over 2 years ago).
On a total-return basis, GHHF has delivered 15.28% a year over 1 year (ranked 78th of 308 ETFs we track). Its strongest showing is over 1 year, where it sits in the top 25% of all ETFs we track.
The management fee of 0.35% is reasonable. That's cheaper than the typical 0.43% for similar ETFs. If cost is your priority, DHHF (0.19%) and VDHG (0.27%) cover similar ground for less. It pays a moderate 1.92% yield.
Portfolio turnover is low at about 15% a year — it trades only a small slice of its holdings each year, so trading costs and tax on realised gains stay modest — typical of a passive index strategy.
Strengths
- Top-25% returns over 1 year (78th of 308 ETFs we track).
- Low-cost: a 0.35% management fee keeps more of the return in your pocket.
Things to watch
- Cheaper alternatives exist: DHHF and VDHG.
Good to know
- Distributions are 15% franked, a tax bonus for Australian residents.
- Built on borrowed money (geared), which magnifies both gains and losses — a tactical tool, not a buy-and-hold core.
- Australian focus means franked dividends and no currency risk, but heavy concentration in banks and miners.
What GHHF's categories mean for you
How each category this ETF belongs to tends to behave across market cycles.
Australian shares. Home-market familiarity, fully franked dividends and no currency risk for local investors — but very concentrated in banks and miners, which dominate the index.
- Market regime
- Sensitive to commodity prices, Chinese demand and domestic interest rates. Generous income, but narrow sector diversification.
- In a portfolio
- A natural core for Australian investors thanks to franking, but should be paired with global exposure so you aren't over-reliant on a handful of banks and resource giants.
Global and international shares from outside Australia — broadening you into thousands of companies and the sectors (tech, healthcare) the local market lacks.
- Market regime
- Essential diversification away from the bank-and-resources-heavy ASX. Unhedged versions carry currency risk; hedged versions remove it at a small cost.
- In a portfolio
- A core holding for almost every long-term Australian portfolio.
Uses borrowing (leverage) to amplify the return of the underlying assets — magnifying both gains and losses. Internally geared funds remove the margin-call risk but not the volatility.
- Market regime
- Amplifies whatever the market does. In choppy, sideways markets 'volatility decay' steadily erodes returns even if the index ends up flat.
- In a portfolio
- A tactical, short-to-medium-term tool for experienced investors — explicitly not a buy-and-forget holding. Fees are high and the ride is extreme.
General information only, generated from the 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.