Betashares Global Shares ETF vs Macquarie Core Global Equity Active ETF
Overlap is calculated from each fund's full published holdings list. Where there are no shared listed holdings it is shown as not reliably estimable.
BGBL and MQEG are both Global Broad Market ETFs. Both charge 0.08% p.a. Holdings overlap is approximately 65% (full holdings data).
Betashares Global Shares ETF
BetaShares
Macquarie Core Global Equity Active ETF
Other
Comparison scores reflect how each ETF compares to the other on these specific dimensions only. They are not absolute ratings or recommendations.
Key differences at a glance
Which of BGBL and MQEG fits depends on your objectives, not on one being superior. Where the two funds differ most:
Green highlights the leading comparison score, the factually lower fee, or the higher scale or income figure. Performance is never highlighted. Data from issuer disclosures, reviewed quarterly; sector and geography figures for some funds are category-inferred estimates, clearly labelled on each fund's page.
Category scores compare these two ETFs only and are not absolute ratings.
Cost (management fee): Both charge about 0.08% p.a.
Fund size (assets): BGBL is the larger fund. Larger is not inherently better, but greater scale can support tighter spreads and lower closure risk.
Holdings breadth: BGBL and MQEG offer similar breadth of exposure.
Income (distribution yield): BGBL distributes approximately 1.2% and MQEG approximately 0.87%; BGBL carries the higher estimated distribution yield. A higher yield may suit an income focus; a lower one may suit a growth or tax-efficiency focus. Yields are estimates and are not guaranteed; past performance is not a reliable indicator of future returns.
General information only, not financial advice. ETFLens does not hold an AFSL. Always read the relevant PDS and consider seeking advice from a licensed financial adviser.
Yield figures are estimates based on recent distributions and may vary. Past performance is not a reliable indicator of future returns or distributions.
Past performance is not a reliable indicator of future returns.
Top shared holdings ranked by overlap contribution, the smaller of each company's weight in the two funds. Basis: full holdings data.
Top 10 listed holdings for each fund, from issuer disclosures.
BGBL top holdings
MQEG top holdings
Sector weights for MQEG are approximate, inferred from the fund's category.
BGBL sectors
MQEG sectors
Geographic weights for MQEG are approximate, inferred from the fund's category.
BGBL geography
MQEG geography
Choosing between BGBL and MQEG depends on your goals, time horizon and current holdings, not on one being the right answer for everyone. The main differences are summarised above, with the complete data below.
BGBL and MQEG have approximately 65% holdings overlap, based on each fund's full published holdings list. This is considered moderate overlap.
BGBL and MQEG charge the same management fee of 0.08% per year.
BGBL (Betashares Global Shares ETF) manages approximately $4.2B and MQEG (Macquarie Core Global Equity Active ETF) manages approximately $199.3M. Fund size can affect liquidity and bid-ask spreads but does not by itself change the management fee.
You can hold both, but with approximately 65% estimated holdings overlap the two funds share a moderate proportion of holdings, so there is some duplicated exposure. Whether that suits you depends on your own objectives.
There is no universally right choice. It depends on your goals, time horizon and existing holdings. BGBL charges 0.08% and MQEG charges 0.08%, the same management fee, and they have approximately 65% estimated holdings overlap. Compare their fees, holdings and sectors above and consider each fund's Product Disclosure Statement and Target Market Determination.
General information only. This comparison and the ETFLens tools on this page provide general information about two exchange-traded funds and do not take into account your personal objectives, financial situation or needs. It is not personal financial product or investment advice. ETFLens does not hold an Australian Financial Services Licence (AFSL). Holdings overlap is calculated from each fund's published holdings (full lists where the issuer publishes one, listed top holdings otherwise), and fee data is sourced from fund manager PDS documents and updated quarterly. Past performance is not a reliable indicator of future returns. Consider each fund's Product Disclosure Statement (PDS) and Target Market Determination (TMD), and seek advice from a registered tax agent or licensed financial adviser, before making investment decisions.
Check your portfolio overlap
See how these ETFs interact with your other holdings.
Open overlap checker →Build your portfolio
ProModel a portfolio with these ETFs and see projected fees and income.
Build a portfolio →View full ETF profiles
Holdings, fees, sectors and distributions for each fund.
BGBL full profile →MQEG full profile →Compare another pair
Enter any two ASX ETF tickers to see their side-by-side comparison.
Compare other ETFs →