Is GTUM a good ETF?
GTUM is the BetaShares Global Momentum ETF from BetaShares. It tracks the Solactive Global Developed Markets Momentum Select Index. We classify it under Intl, Factor, and Momentum. With about $18 million in assets it is a relatively small fund (worth checking spreads and liquidity before buying). Listed on the ASX since 2026-02-26 (7 months ago).
The management fee of 0.35% is reasonable. That's cheaper than the typical 0.49% for similar ETFs. If cost is your priority, GARP (0.3%) cover similar ground for less.
Portfolio turnover is very high at about 100% a year — the fund effectively rebuilds its portfolio each year, which realises capital gains aggressively and can create a meaningful tax drag, especially for higher earners holding it outside super.
Strengths
- Low-cost: a 0.35% management fee keeps more of the return in your pocket.
Things to watch
- Cheaper alternatives exist: GARP.
- High portfolio turnover (100% a year) means frequent trading that realises capital gains, adding tax drag — less efficient than a low-turnover index fund.
What GTUM's categories mean for you
How each category this ETF belongs to tends to behave across market cycles.
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.
Tilts toward academically-backed drivers of return — value, quality, momentum, size or low volatility — aiming to beat plain market-cap weighting over a full cycle.
- Market regime
- Any single factor can underperform the broad market for years before rewarding patient holders. Multi-factor funds smooth this out somewhat.
- In a portfolio
- A long-term tilt that demands discipline: the edge only shows up if you hold through the inevitable lean stretches.
Buys what has recently been rising on the theory that trends persist. A factor strategy with historically strong long-run returns.
- Market regime
- Outperforms in steady, trending markets but is prone to sharp 'momentum crashes' at sudden turning points and reversals. Higher turnover also means more taxable capital gains.
- In a portfolio
- A factor tilt or satellite, not a set-and-forget core. Expect periods of painful underperformance around market inflection points.
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.