GNDQ.AX vs. VDCO.AX
GNDQ.AX (Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF) and VDCO.AX (Vanguard Diversified Conservative Index ETF) are both Global Equities funds. GNDQ.AX is actively managed, while VDCO.AX is passively managed. Over the past year, GNDQ.AX returned 29.16% vs 5.49% for VDCO.AX. At a 0.47 correlation, their price movements are largely independent.
Performance
GNDQ.AX vs. VDCO.AX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GNDQ.AX achieves a 14.66% return, which is significantly higher than VDCO.AX's 2.01% return.
GNDQ.AX
- 1D
- -1.62%
- 1M
- -1.89%
- 6M
- 13.60%
- YTD
- 14.66%
- 1Y
- 29.16%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VDCO.AX
- 1D
- 0.09%
- 1M
- 0.09%
- 6M
- 1.96%
- YTD
- 2.01%
- 1Y
- 5.49%
- 3Y*
- 6.60%
- 5Y*
- 2.59%
- 10Y*
- —
GNDQ.AX vs. VDCO.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GNDQ.AX Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF | 14.66% | 15.96% | 17.76% |
VDCO.AX Vanguard Diversified Conservative Index ETF | 2.01% | 7.45% | 0.85% |
Correlation
The correlation between GNDQ.AX and VDCO.AX is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 2024 | 0.47 |
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
GNDQ.AX vs. VDCO.AX — Risk / Return Rank
GNDQ.AX
VDCO.AX
GNDQ.AX vs. VDCO.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 Vanguard Diversified Conservative Index ETF (VDCO.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 | VDCO.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.21 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.23 | 1.43 | -0.20 |
| Martin ratioReturn relative to average drawdown | 3.07 | 5.21 | -2.14 |
Loading charts...
Drawdowns
GNDQ.AX vs. VDCO.AX - Drawdown Comparison
The maximum GNDQ.AX drawdown since its inception was -30.89%, which is greater than VDCO.AX's maximum drawdown of -13.68%. Use the drawdown chart below to compare losses from any high point for GNDQ.AX and VDCO.AX.
Loading charts...
Drawdown Indicators
| GNDQ.AX | VDCO.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.89% | -13.68% | -17.21% |
Max Drawdown (1Y)Largest decline over 1 year | -23.50% | -3.89% | -19.61% |
Max Drawdown (3Y)Largest decline over 3 years | — | -4.36% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.68% | — |
Current DrawdownCurrent decline from peak | -5.33% | -0.46% | -4.87% |
Average DrawdownAverage peak-to-trough decline | -6.90% | -2.87% | -4.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.49% | 1.08% | +8.41% |
Volatility
GNDQ.AX vs. VDCO.AX - Volatility Comparison
Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF (GNDQ.AX) has a higher volatility of 7.42% compared to Vanguard Diversified Conservative Index ETF (VDCO.AX) at 1.18%. This indicates that GNDQ.AX's price experiences larger fluctuations and is considered to be riskier than VDCO.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GNDQ.AX | VDCO.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.42% | 1.18% | +6.24% |
Volatility (6M)Calculated over the trailing 6-month period | 17.55% | 4.70% | +12.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.92% | 5.30% | +17.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.39% | 5.45% | +23.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.39% | 5.61% | +23.78% |
Dividends
GNDQ.AX vs. VDCO.AX - Dividend Comparison
GNDQ.AX's dividend yield for the trailing twelve months is around 1.49%, less than VDCO.AX's 4.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
GNDQ.AX Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF | 1.49% | 0.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VDCO.AX Vanguard Diversified Conservative Index ETF | 4.92% | 2.33% | 0.79% | 1.03% | 1.77% | 7.86% | 3.73% | 1.26% | 0.89% |
Frequently Asked Questions
GNDQ.AX and VDCO.AX have a correlation of 0.46, 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: BetaShares and Vanguard.
Find the right allocation for GNDQ.AX and VDCO.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