Is WBND a good ETF?
WBND is the BetaShares Global Aggregate Bond Currency Hedged ETF from BetaShares. We classify it under Bonds and AU. With about $694 million in assets it is a solidly established fund.
On a total-return basis, WBND has delivered 1.82% a year over 1 year (ranked 219th of 308 ETFs we track).
The management fee of 0.19% is reasonable. That's cheaper than the typical 0.32% for similar ETFs. If cost is your priority, IAF (0.1%), VAF (0.1%), and AGGG (0.18%) cover similar ground for less. It pays a moderate 3.39% yield.
Portfolio turnover is moderate at about 30% a year — a fair chunk of the portfolio is bought and sold each year, so expect a little more in the way of realised capital gains and trading costs than a plain index fund.
Strengths
- Low-cost: a 0.19% management fee keeps more of the return in your pocket.
Things to watch
- Cheaper alternatives exist: IAF, VAF, and AGGG.
Good to know
- Australian focus means franked dividends and no currency risk, but heavy concentration in banks and miners.
What WBND'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.
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.