GNDQ.AX vs. HVST.AX
GNDQ.AX (Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF) and HVST.AX (Betashares Australian Dividend Harvester Active ETF) are both exchange-traded funds - GNDQ.AX is a Global Equities fund actively managed by BetaShares, while HVST.AX is a Dividend fund actively managed by BetaShares. Both are actively managed. Over the past year, GNDQ.AX returned 21.89% vs -0.57% for HVST.AX. At a 0.41 correlation, their price movements are largely independent.
Performance
GNDQ.AX vs. HVST.AX - Performance Comparison
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Returns By Period
In the year-to-date period, GNDQ.AX achieves a 9.74% return, which is significantly higher than HVST.AX's -1.27% return.
GNDQ.AX
- 1D
- -4.30%
- 1M
- -6.38%
- 6M
- 9.42%
- YTD
- 9.74%
- 1Y
- 21.89%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HVST.AX
- 1D
- -0.53%
- 1M
- -1.34%
- 6M
- -1.92%
- YTD
- -1.27%
- 1Y
- -0.57%
- 3Y*
- 7.14%
- 5Y*
- 4.38%
- 10Y*
- 2.42%
GNDQ.AX vs. HVST.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GNDQ.AX Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF | 9.74% | 15.96% | 17.76% |
HVST.AX Betashares Australian Dividend Harvester Active ETF | -1.27% | 6.89% | -1.01% |
Correlation
The correlation between GNDQ.AX and HVST.AX is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 2024 | 0.41 |
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Return for Risk
GNDQ.AX vs. HVST.AX — Risk / Return Rank
GNDQ.AX
HVST.AX
GNDQ.AX vs. HVST.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF (GNDQ.AX) and Betashares Australian Dividend Harvester Active ETF (HVST.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.
| GNDQ.AX | HVST.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.97 | ||
| Sortino ratioReturn per unit of downside risk | +1.33 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.00 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.92 | -0.06 | +0.98 |
| Martin ratioReturn relative to average drawdown | 2.29 | -0.12 | +2.41 |
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Drawdowns
GNDQ.AX vs. HVST.AX - Drawdown Comparison
The maximum GNDQ.AX drawdown since its inception was -30.89%, which is greater than HVST.AX's maximum drawdown of -23.38%. Use the drawdown chart below to compare losses from any high point for GNDQ.AX and HVST.AX.
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Drawdown Indicators
| GNDQ.AX | HVST.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.89% | -23.38% | -7.51% |
Max Drawdown (1Y)Largest decline over 1 year | -23.50% | -9.23% | -14.27% |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.07% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -14.71% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.92% | — |
Current DrawdownCurrent decline from peak | -9.40% | -5.13% | -4.27% |
Average DrawdownAverage peak-to-trough decline | -6.91% | -9.57% | +2.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.51% | 4.53% | +4.98% |
Volatility
GNDQ.AX vs. HVST.AX - Volatility Comparison
Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF (GNDQ.AX) has a higher volatility of 8.57% compared to Betashares Australian Dividend Harvester Active ETF (HVST.AX) at 2.50%. This indicates that GNDQ.AX's price experiences larger fluctuations and is considered to be riskier than HVST.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GNDQ.AX | HVST.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.57% | 2.50% | +6.07% |
Volatility (6M)Calculated over the trailing 6-month period | 18.07% | 9.68% | +8.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.33% | 12.07% | +11.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.55% | 12.03% | +17.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.55% | 11.15% | +18.40% |
Dividends
GNDQ.AX vs. HVST.AX - Dividend Comparison
GNDQ.AX's dividend yield for the trailing twelve months is around 1.56%, less than HVST.AX's 4.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GNDQ.AX Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF | 1.56% | 0.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HVST.AX Betashares Australian Dividend Harvester Active ETF | 4.31% | 5.26% | 4.93% | 6.13% | 6.64% | 6.19% | 7.01% | 10.96% | 10.87% | 10.37% | 9.21% | 8.07% |
Frequently Asked Questions
GNDQ.AX and HVST.AX have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GNDQ.AX is categorized as Global Equities, while HVST.AX is Dividend.
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