Global X S&P Australia GARP ETF vs VanEck Australian Equal Weight ETF
General information only, not financial advice.
Overlap is estimated from the funds' listed top holdings, not their full constituent lists. Where there are no shared listed holdings it is shown as not reliably estimable.
Global X S&P Australia GARP ETF
Global X
VanEck Australian Equal Weight ETF
VanEck
Comparison scores reflect how each ETF compares to the other on these specific dimensions only. They are not absolute ratings or recommendations. General information only, not financial advice.
GRPA and MVW are both Australian Broad Market ETFs: GRPA tracks the and MVW tracks the MVIS Australia Equal Weight Index. GRPA has the lower management fee (0.25% vs 0.35% p.a.). Holdings overlap is approximately 28% estimated (top 50 holdings). General information only, not financial advice.
Category scores compare these two ETFs only and are not absolute ratings.
GRPA charges 0.25% p.a. and MVW charges 0.35% p.a.; the lower fee leads on cost.
GRPA manages $2M and MVW manages $3.2B; the larger fund leads on scale, which can support tighter spreads.
GRPA holds 50 positions and MVW holds 75; the fund with broader holdings leads on diversification.
GRPA distributes approximately 0% (N/A) and MVW approximately 3.2% (Annually); the higher distribution yield leads on income.
Historical return data is not available for both funds, so this dimension is shown as neutral. Past performance is not a reliable indicator of future returns.
Green highlights the factually lower fee or higher scale/income figure. Performance is never highlighted. Data from issuer disclosures, reviewed quarterly.
Yield figures are estimates based on recent distributions and may vary. Past distributions are not a reliable indicator of future distributions. General information only.
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: top 50 holdings. General information only.
Top 10 listed holdings for each fund, from issuer disclosures. General information only.
GRPA top holdings
MVW top holdings
Sector weights for GRPAare approximate, inferred from the fund's category. General information only.
GRPA sectors
MVW sectors
Geographic weights for GRPAare approximate, inferred from the fund's category. General information only.
GRPA geography
MVW geography
GRPA scores 3.2/10 and MVW scores 6.0/10 on this comparison. MVW has the higher overall comparison score.
GRPA may suit investors who: cost-conscious investors who prioritise lower ongoing fees.
MVW may suit investors who: investors who prefer larger, more established funds.
GRPA and MVW have approximately 28% estimated holdings overlap (top 50 holdings). This is considered low overlap, estimated from listed top holdings rather than the full constituent lists. General information only, not financial advice.
GRPA has the lower management fee. GRPA charges 0.25% per year ($25 per year on a $10,000 investment) and MVW charges 0.35% per year ($35 per year on a $10,000 investment). The difference is $10 per year per $10,000 invested. General information only, not financial advice.
GRPA (Global X S&P Australia GARP ETF) manages approximately $2M and MVW (VanEck Australian Equal Weight ETF) manages approximately $3.2B. Fund size can affect liquidity and bid-ask spreads but does not by itself change the management fee. General information only, not financial advice.
You can hold both, but with approximately 28% estimated holdings overlap the two funds hold mostly different companies, so they can be more complementary. Whether that suits you depends on your own objectives. General information only, not financial advice.
There is no universally right choice. It depends on your goals, time horizon and existing holdings. GRPA charges 0.25% and MVW charges 0.35%, so GRPA has the lower management fee, and they have approximately 28% 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, not financial advice.
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.
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