PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
GLIN.AX vs. GGUS.AX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GLIN.AX vs. GGUS.AX

Last updated Jul 18, 2026
Documentation

GLIN.AX (iShares Core FTSE Global Infrastructure (AUD Hedged) ETF) and GGUS.AX (Betashares Geared US Equities Currency Hedged Complex ETF) are both Global Equities funds. GLIN.AX is passively managed, while GGUS.AX is actively managed. Over the past 3 years, GLIN.AX returned 13.04%/yr vs 29.41%/yr for GGUS.AX. At a 0.23 correlation, their price movements are largely independent.

Performance

GLIN.AX vs. GGUS.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in iShares Core FTSE Global Infrastructure (AUD Hedged) ETF (GLIN.AX) and Betashares Geared US Equities Currency Hedged Complex ETF (GGUS.AX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, GLIN.AX achieves a 13.94% return, which is significantly lower than GGUS.AX's 15.21% return.

GLIN.AX

1D
1.33%
1M
2.38%
6M
12.31%
YTD
13.94%
1Y
19.56%
3Y*
13.04%
5Y*
—
10Y*
—

GGUS.AX

1D
-2.97%
1M
-2.35%
6M
12.93%
YTD
15.21%
1Y
36.63%
3Y*
29.41%
5Y*
13.72%
10Y*
20.86%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GLIN.AX vs. GGUS.AX - Yearly Performance Comparison

2026 (YTD)202520242023
GLIN.AX
iShares Core FTSE Global Infrastructure (AUD Hedged) ETF		13.94%12.04%12.01%0.06%
GGUS.AX
Betashares Geared US Equities Currency Hedged Complex ETF		15.21%18.83%45.64%30.15%

Correlation

The correlation between GLIN.AX and GGUS.AX is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.10

Correlation (3Y)
Calculated over the trailing 3-year period

0.25

Correlation (All Time)
Calculated using the full available price history since May 19, 2023

0.23

The correlation between GLIN.AX and GGUS.AX shifts across timeframes, from 0.10 (1 year) to 0.25 (3 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Core FTSE Global Infrastructure (AUD Hedged) ETF

Betashares Geared US Equities Currency Hedged Complex ETF

Often compared with GLIN.AX:
GLIN.AX vs. AUMF.AXGLIN.AX vs. BILL.AXGLIN.AX vs. CORE.AXGLIN.AX vs. ESGI.AXGLIN.AX vs. ESTX.AXGLIN.AX vs. F100.AXGLIN.AX vs. HGEN.AX
Often compared with GGUS.AX:
GGUS.AX vs. DHHF.AXGGUS.AX vs. EX20.AXGGUS.AX vs. F100.AXGGUS.AX vs. FOOD.AXGGUS.AX vs. FUEL.AXGGUS.AX vs. GEAR.AXGGUS.AX vs. GNDQ.AX

Return for Risk

GLIN.AX vs. GGUS.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GLIN.AX
GLIN.AX Risk / Return Rank: 7575
Overall Rank
GLIN.AX Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
GLIN.AX Sortino Ratio Rank: 7373
Sortino Ratio Rank
GLIN.AX Omega Ratio Rank: 7070
Omega Ratio Rank
GLIN.AX Calmar Ratio Rank: 8383
Calmar Ratio Rank
GLIN.AX Martin Ratio Rank: 7575
Martin Ratio Rank
GGUS.AX
GGUS.AX Risk / Return Rank: 4646
Overall Rank
GGUS.AX Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
GGUS.AX Sortino Ratio Rank: 4242
Sortino Ratio Rank
GGUS.AX Omega Ratio Rank: 4747
Omega Ratio Rank
GGUS.AX Calmar Ratio Rank: 4343
Calmar Ratio Rank
GGUS.AX Martin Ratio Rank: 5454
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GLIN.AX vs. GGUS.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core FTSE Global Infrastructure (AUD Hedged) ETF (GLIN.AX) and Betashares Geared US Equities Currency Hedged Complex ETF (GGUS.AX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

GLIN.AXGGUS.AXDifference
Sharpe ratioReturn per unit of total volatility
1.77
1.17

+0.60

Sortino ratioReturn per unit of downside risk
2.49
1.67

+0.82

Omega ratioGain probability vs. loss probability

1.31

1.23

+0.08

Calmar ratioReturn relative to maximum drawdown

3.30

1.71

+1.59

Martin ratioReturn relative to average drawdown

10.27

6.88

+3.39

GLIN.AX vs. GGUS.AX - Sharpe Ratio Comparison

The current GLIN.AX Sharpe Ratio is 1.77, which is higher than the GGUS.AX Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of GLIN.AX and GGUS.AX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

GLIN.AX vs. GGUS.AX - Drawdown Comparison

The maximum GLIN.AX drawdown since its inception was -12.66%, smaller than the maximum GGUS.AX drawdown of -64.26%. Use the drawdown chart below to compare losses from any high point for GLIN.AX and GGUS.AX.

Loading charts...

Drawdown Indicators

GLIN.AXGGUS.AXDifference

Max Drawdown

Largest peak-to-trough decline

-12.66%

-64.26%

+51.60%

Max Drawdown (1Y)

Largest decline over 1 year

-5.76%

-20.90%

+15.14%

Max Drawdown (3Y)

Largest decline over 3 years

-12.66%

-46.78%

+34.12%

Max Drawdown (5Y)

Largest decline over 5 years

—

-55.53%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-64.26%

—

Current Drawdown

Current decline from peak

0.00%

-4.40%

+4.40%

Average Drawdown

Average peak-to-trough decline

-2.24%

-13.41%

+11.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.87%

5.25%

-3.38%

Volatility

GLIN.AX vs. GGUS.AX - Volatility Comparison

The current volatility for iShares Core FTSE Global Infrastructure (AUD Hedged) ETF (GLIN.AX) is 3.11%, while Betashares Geared US Equities Currency Hedged Complex ETF (GGUS.AX) has a volatility of 6.38%. This indicates that GLIN.AX experiences smaller price fluctuations and is considered to be less risky than GGUS.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

GLIN.AXGGUS.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.11%

6.38%

-3.27%

Volatility (6M)

Calculated over the trailing 6-month period

8.89%

25.73%

-16.84%

Volatility (1Y)

Calculated over the trailing 1-year period

10.75%

30.52%

-19.77%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.34%

41.72%

-29.38%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.34%

40.74%

-28.40%

Dividends

GLIN.AX vs. GGUS.AX - Dividend Comparison

GLIN.AX's dividend yield for the trailing twelve months is around 5.85%, while GGUS.AX has not paid dividends to shareholders.

PositionTTM2025202420232022202120202019201820172016
GGUS.AX
Betashares Geared US Equities Currency Hedged Complex ETF		0.00%1.69%0.00%0.00%6.12%2.52%0.00%0.12%0.96%0.62%0.89%
GLIN.AX
iShares Core FTSE Global Infrastructure (AUD Hedged) ETF		5.85%2.94%2.60%1.16%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

GLIN.AX and GGUS.AX have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

They also come from different issuers: iShares and BetaShares.

Portfolio Optimizer

Find the right allocation for GLIN.AX and GGUS.AX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer