GLIN.AX vs. GNDQ.AX
GLIN.AX (iShares Core FTSE Global Infrastructure (AUD Hedged) ETF) and GNDQ.AX (Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF) are both Global Equities funds. GLIN.AX is passively managed, while GNDQ.AX is actively managed. Over the past year, GLIN.AX returned 19.56% vs 21.89% for GNDQ.AX. At a correlation of -0.02, they often move in opposite directions.
Performance
GLIN.AX vs. GNDQ.AX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GLIN.AX achieves a 13.94% return, which is significantly higher than GNDQ.AX's 9.74% return.
GLIN.AX
- 1D
- 1.33%
- 1M
- 2.38%
- 6M
- 12.31%
- YTD
- 13.94%
- 1Y
- 19.56%
- 3Y*
- 13.04%
- 5Y*
- —
- 10Y*
- —
GNDQ.AX
- 1D
- -4.30%
- 1M
- -6.38%
- 6M
- 9.42%
- YTD
- 9.74%
- 1Y
- 21.89%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GLIN.AX vs. GNDQ.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GLIN.AX iShares Core FTSE Global Infrastructure (AUD Hedged) ETF | 13.94% | 12.04% | -1.70% |
GNDQ.AX Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF | 9.74% | 15.96% | 17.76% |
Correlation
The correlation between GLIN.AX and GNDQ.AX is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 2024 | -0.02 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GLIN.AX vs. GNDQ.AX — Risk / Return Rank
GLIN.AX
GNDQ.AX
GLIN.AX vs. GNDQ.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 Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF (GNDQ.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.AX | GNDQ.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.84 | ||
| Sortino ratioReturn per unit of downside risk | +1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.17 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.30 | 0.92 | +2.38 |
| Martin ratioReturn relative to average drawdown | 10.27 | 2.29 | +7.99 |
Loading charts...
Drawdowns
GLIN.AX vs. GNDQ.AX - Drawdown Comparison
The maximum GLIN.AX drawdown since its inception was -12.66%, smaller than the maximum GNDQ.AX drawdown of -30.89%. Use the drawdown chart below to compare losses from any high point for GLIN.AX and GNDQ.AX.
Loading charts...
Drawdown Indicators
| GLIN.AX | GNDQ.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.66% | -30.89% | +18.23% |
Max Drawdown (1Y)Largest decline over 1 year | -5.76% | -23.50% | +17.74% |
Max Drawdown (3Y)Largest decline over 3 years | -12.66% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -9.40% | +9.40% |
Average DrawdownAverage peak-to-trough decline | -2.24% | -6.91% | +4.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | 9.51% | -7.64% |
Volatility
GLIN.AX vs. GNDQ.AX - Volatility Comparison
The current volatility for iShares Core FTSE Global Infrastructure (AUD Hedged) ETF (GLIN.AX) is 3.11%, while Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF (GNDQ.AX) has a volatility of 8.57%. This indicates that GLIN.AX experiences smaller price fluctuations and is considered to be less risky than GNDQ.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GLIN.AX | GNDQ.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.11% | 8.57% | -5.46% |
Volatility (6M)Calculated over the trailing 6-month period | 8.89% | 18.07% | -9.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.75% | 23.33% | -12.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.34% | 29.55% | -17.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.34% | 29.55% | -17.21% |
Dividends
GLIN.AX vs. GNDQ.AX - Dividend Comparison
GLIN.AX's dividend yield for the trailing twelve months is around 5.85%, more than GNDQ.AX's 1.56% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
GLIN.AX iShares Core FTSE Global Infrastructure (AUD Hedged) ETF | 5.85% | 2.94% | 2.60% | 1.16% |
GNDQ.AX Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF | 1.56% | 0.92% | 0.00% | 0.00% |
Frequently Asked Questions
GLIN.AX and GNDQ.AX have a correlation of -0.12, 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.
Find the right allocation for GLIN.AX and GNDQ.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