Magellan Infra Fund (Currency Hedged) - Active ETF vs Betashares Global Royalties ETF
These ETFs do not share enough listed holdings to estimate overlap.
Scored across Cost, Fund size, Holdings breadth and Income. Past performance is excluded.
See full breakdown ↓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.
Magellan Infra Fund (Currency Hedged) - Active ETF
Magellan
Betashares Global Royalties ETF
BetaShares
Comparison scores reflect how each ETF compares to the other on these specific dimensions only. They are not absolute ratings or recommendations.
MICH and ROYL are both Thematic ETFs: MICH tracks the and ROYL tracks the Solactive Global Royalty Companies Index. ROYL has the lower management fee (0.69% vs 1.05% p.a.). A holdings overlap is not reliably estimable for this pair.
Key differences at a glance
Neither MICH nor ROYL is the "right" pick for everyone; it comes down to what you want from the holding. Where they differ most:
Category scores compare these two ETFs only and are not absolute ratings.
ROYL has the lower management fee - the one objective "cheaper" axis.
MICH is the larger fund. Larger is not inherently better, but greater scale can support tighter spreads and lower closure risk.
ROYL spreads exposure across more holdings (MICH 0, ROYL 56); the other is more concentrated. Neither is inherently better - it depends on whether you want breadth or a focused tilt.
MICH distributes approximately 3.37% and ROYL approximately 5.4%; ROYL 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.
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.
Past performance is not a reliable indicator of future returns.
Top 10 listed holdings for each fund, from issuer disclosures.
MICH top holdings
Holdings not published for this fund type.
ROYL top holdings
Sector weights for MICHare approximate, inferred from the fund's category.
MICH sectors
ROYL sectors
Geographic weights for MICHare approximate, inferred from the fund's category.
MICH geography
ROYL geography
Whether MICH or ROYL fits comes down to your goals, time horizon and what you already hold. The clearest differences are summarised near the top of this page, with the full data below.
MICH and ROYL do not share enough listed top holdings to reliably estimate a holdings overlap. Compare their fees, holdings and sectors on this page.
ROYL has the lower management fee. MICH charges 1.05% per year ($105 per year on a $10,000 investment) and ROYL charges 0.69% per year ($69 per year on a $10,000 investment). The difference is $36 per year per $10,000 invested.
MICH (Magellan Infra Fund (Currency Hedged) - Active ETF) manages approximately $522.36M and ROYL (Betashares Global Royalties ETF) manages approximately $84.3M. Fund size can affect liquidity and bid-ask spreads but does not by itself change the management fee.
MICH and ROYL do not share enough listed top holdings to estimate overlap, so whether holding both duplicates your exposure depends on their full constituent lists.
There is no universally right choice. It depends on your goals, time horizon and existing holdings. MICH charges 1.05% and ROYL charges 0.69%, so ROYL has the lower management fee. 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.
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