PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IFRA.AX vs. GNDQ.AX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IFRA.AX vs. GNDQ.AX

Last updated Jul 18, 2026
Documentation

IFRA.AX (VanEck 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. IFRA.AX is passively managed, while GNDQ.AX is actively managed. Over the past year, IFRA.AX returned 17.64% vs 21.89% for GNDQ.AX. At a correlation of -0.03, they often move in opposite directions.

Performance

IFRA.AX vs. GNDQ.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in VanEck FTSE Global Infrastructure (AUD Hedged) ETF (IFRA.AX) and Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF (GNDQ.AX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, IFRA.AX achieves a 11.92% return, which is significantly higher than GNDQ.AX's 9.74% return.

IFRA.AX

1D
1.17%
1M
1.68%
6M
11.35%
YTD
11.92%
1Y
17.64%
3Y*
11.93%
5Y*
6.84%
10Y*
6.53%

GNDQ.AX

1D
-4.30%
1M
-6.38%
6M
9.42%
YTD
9.74%
1Y
21.89%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IFRA.AX vs. GNDQ.AX - Yearly Performance Comparison

2026 (YTD)20252024
IFRA.AX
VanEck FTSE Global Infrastructure (AUD Hedged) ETF		11.92%11.93%-1.54%
GNDQ.AX
Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF		9.74%15.96%17.76%

Correlation

The correlation between IFRA.AX and GNDQ.AX is -0.11, 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

-0.11

Correlation (All Time)
Calculated using the full available price history since Oct 15, 2024

-0.03

Compare stocks, funds, or ETFs

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

VanEck FTSE Global Infrastructure (AUD Hedged) ETF

Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF

Often compared with IFRA.AX:
IFRA.AX vs. CORE.AXIFRA.AX vs. ESGI.AXIFRA.AX vs. ESTX.AXIFRA.AX vs. F100.AXIFRA.AX vs. GLIN.AXIFRA.AX vs. GRNV.AXIFRA.AX vs. HGEN.AX
Often compared with GNDQ.AX:
GNDQ.AX vs. DHHF.AXGNDQ.AX vs. EX20.AXGNDQ.AX vs. FOOD.AXGNDQ.AX vs. FUEL.AXGNDQ.AX vs. GEAR.AXGNDQ.AX vs. GGUS.AXGNDQ.AX vs. A200.AX

Return for Risk

IFRA.AX vs. GNDQ.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IFRA.AX
IFRA.AX Risk / Return Rank: 6565
Overall Rank
IFRA.AX Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
IFRA.AX Sortino Ratio Rank: 6363
Sortino Ratio Rank
IFRA.AX Omega Ratio Rank: 6060
Omega Ratio Rank
IFRA.AX Calmar Ratio Rank: 7979
Calmar Ratio Rank
IFRA.AX Martin Ratio Rank: 6060
Martin Ratio Rank
GNDQ.AX
GNDQ.AX Risk / Return Rank: 2929
Overall Rank
GNDQ.AX Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
GNDQ.AX Sortino Ratio Rank: 3232
Sortino Ratio Rank
GNDQ.AX Omega Ratio Rank: 3131
Omega Ratio Rank
GNDQ.AX Calmar Ratio Rank: 2525
Calmar Ratio Rank
GNDQ.AX Martin Ratio Rank: 2424
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.

IFRA.AX vs. GNDQ.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck FTSE Global Infrastructure (AUD Hedged) ETF (IFRA.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.

IFRA.AXGNDQ.AXDifference
Sharpe ratioReturn per unit of total volatility
1.55
0.93

+0.62

Sortino ratioReturn per unit of downside risk
2.23
1.35

+0.88

Omega ratioGain probability vs. loss probability

1.28

1.17

+0.11

Calmar ratioReturn relative to maximum drawdown

3.05

0.92

+2.13

Martin ratioReturn relative to average drawdown

7.84

2.29

+5.56

IFRA.AX vs. GNDQ.AX - Sharpe Ratio Comparison

The current IFRA.AX Sharpe Ratio is 1.55, which is higher than the GNDQ.AX Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of IFRA.AX and GNDQ.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

IFRA.AX vs. GNDQ.AX - Drawdown Comparison

The maximum IFRA.AX drawdown since its inception was -36.36%, which is greater than GNDQ.AX's maximum drawdown of -30.89%. Use the drawdown chart below to compare losses from any high point for IFRA.AX and GNDQ.AX.

Loading charts...

Drawdown Indicators

IFRA.AXGNDQ.AXDifference

Max Drawdown

Largest peak-to-trough decline

-36.36%

-30.89%

-5.47%

Max Drawdown (1Y)

Largest decline over 1 year

-5.54%

-23.50%

+17.96%

Max Drawdown (3Y)

Largest decline over 3 years

-12.79%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-21.19%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-36.36%

—

—

Current Drawdown

Current decline from peak

-0.50%

-9.40%

+8.90%

Average Drawdown

Average peak-to-trough decline

-6.01%

-6.91%

+0.90%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.20%

9.51%

-7.31%

Volatility

IFRA.AX vs. GNDQ.AX - Volatility Comparison

The current volatility for VanEck FTSE Global Infrastructure (AUD Hedged) ETF (IFRA.AX) is 3.75%, while Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF (GNDQ.AX) has a volatility of 8.57%. This indicates that IFRA.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

IFRA.AXGNDQ.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.75%

8.57%

-4.82%

Volatility (6M)

Calculated over the trailing 6-month period

9.18%

18.07%

-8.89%

Volatility (1Y)

Calculated over the trailing 1-year period

10.97%

23.33%

-12.36%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.31%

29.55%

-15.24%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.07%

29.55%

-14.48%

Dividends

IFRA.AX vs. GNDQ.AX - Dividend Comparison

IFRA.AX's dividend yield for the trailing twelve months is around 2.20%, more than GNDQ.AX's 1.56% yield.

PositionTTM2025202420232022202120202019201820172016
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%
IFRA.AX
VanEck FTSE Global Infrastructure (AUD Hedged) ETF		2.20%3.15%1.61%2.51%2.31%2.93%3.58%3.29%2.91%2.11%1.60%

Frequently Asked Questions

IFRA.AX and GNDQ.AX have a correlation of -0.11, 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: VanEck and BetaShares.

Portfolio Optimizer

Find the right allocation for IFRA.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