HVST.AX vs. GNDQ.AX
HVST.AX (Betashares Australian Dividend Harvester Active ETF) and GNDQ.AX (Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF) are both exchange-traded funds - HVST.AX is a Dividend fund actively managed by BetaShares, while GNDQ.AX is a Global Equities fund actively managed by BetaShares. Both are actively managed. Over the past year, HVST.AX returned -0.57% vs 21.89% for GNDQ.AX. At a 0.41 correlation, their price movements are largely independent.
Performance
HVST.AX vs. GNDQ.AX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HVST.AX achieves a -1.27% return, which is significantly lower than GNDQ.AX's 9.74% return.
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
- 1D
- -4.30%
- 1M
- -6.38%
- 6M
- 9.42%
- YTD
- 9.74%
- 1Y
- 21.89%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HVST.AX vs. GNDQ.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
HVST.AX Betashares Australian Dividend Harvester Active ETF | -1.27% | 6.89% | -1.01% |
GNDQ.AX Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF | 9.74% | 15.96% | 17.76% |
Correlation
The correlation between HVST.AX and GNDQ.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 |
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
HVST.AX vs. GNDQ.AX — Risk / Return Rank
HVST.AX
GNDQ.AX
HVST.AX vs. GNDQ.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Betashares Australian Dividend Harvester Active ETF (HVST.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.
| HVST.AX | GNDQ.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 | 1.00 | 1.17 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.06 | 0.92 | -0.98 |
| Martin ratioReturn relative to average drawdown | -0.12 | 2.29 | -2.41 |
Loading charts...
Drawdowns
HVST.AX vs. GNDQ.AX - Drawdown Comparison
The maximum HVST.AX drawdown since its inception was -23.38%, smaller than the maximum GNDQ.AX drawdown of -30.89%. Use the drawdown chart below to compare losses from any high point for HVST.AX and GNDQ.AX.
Loading charts...
Drawdown Indicators
| HVST.AX | GNDQ.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.38% | -30.89% | +7.51% |
Max Drawdown (1Y)Largest decline over 1 year | -9.23% | -23.50% | +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 | -5.13% | -9.40% | +4.27% |
Average DrawdownAverage peak-to-trough decline | -9.57% | -6.91% | -2.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.53% | 9.51% | -4.98% |
Volatility
HVST.AX vs. GNDQ.AX - Volatility Comparison
The current volatility for Betashares Australian Dividend Harvester Active ETF (HVST.AX) is 2.50%, while Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF (GNDQ.AX) has a volatility of 8.57%. This indicates that HVST.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
| HVST.AX | GNDQ.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.50% | 8.57% | -6.07% |
Volatility (6M)Calculated over the trailing 6-month period | 9.68% | 18.07% | -8.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.07% | 23.33% | -11.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.03% | 29.55% | -17.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.15% | 29.55% | -18.40% |
Dividends
HVST.AX vs. GNDQ.AX - Dividend Comparison
HVST.AX's dividend yield for the trailing twelve months is around 4.31%, more than GNDQ.AX's 1.56% 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
HVST.AX and GNDQ.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.
HVST.AX is categorized as Dividend, while GNDQ.AX is Global Equities.
Find the right allocation for HVST.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