ETHI vs IHWL: Which ETF Is Better?
A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.
IHWL comes out ahead on 8 of 10 measures. Which matters most depends on you.
The short answer
Worth about $31,217 on $100,000 over 20 years.
Bigger funds usually trade more cheaply and are less likely to close.
A tighter gap between the buy and sell price.
ETHI vs IHWL side by side
| ETHI leads on 2, IHWL on 8 | ETHIBetashares Global Sustainability Leaders ETF | IHWLiShares Core MSCI World ex Australia ESG Leaders ETF |
|---|---|---|
| The basics | ||
| Index tracked | Nasdaq Future Global Sustainability Leaders Index | MSCI World Ex Australia Custom ESG Leaders Index |
| Fund manager | Betashares | iShares |
| Asset class | International shares | International shares |
| Listed | Jan 2017 | Apr 2016 |
| Cost and size | ||
| MERyearly fee, lower is better | 0.59% | 0.13%β |
| AUMfund size | $3.8bnβ | $1.1bn |
| Net flows (Sep)new money in, last month | β$37m | $11mβ |
| Bid/ask spreadtrading cost, lower is better | 0.09% | 0.05%β |
| Total returns | ||
| 1 month | +0.6%β | β0.6% |
| 1 year | +6.2% | +17.1%β |
| 3 years p.a. | +14.0% | +20.3%β |
| 5 years p.a. | +8.5% | +11.0%β |
| $10,000 invested | ||
| 1 year ago | $10,622 | $11,709β |
| 5 years ago | $15,034 | $16,862β |
β marks the better figure on each measure. Returns include distributions, to 30 September 2026.
ETHI vs IHWL price chart
Both ETFs on one chart as % change. Use the 1D to All buttons to change the period. Price only, so it leaves out distributions Β· TradingView
What $10,000 invested is worth now
$10,000 put into ETHI 5 years ago is worth $15,034 today, against $16,862 in IHWL. That is $1,828 more in IHWL.
Total returns to 30 September 2026, with distributions reinvested, before tax and brokerage. The price chart above leaves out distributions, so it can look worse. Past performance is not a reliable indicator of future performance.
What the fees cost you
IHWL's lower fee leaves about $31,217 more in your pocket over 20 years.
Total fees paid on a $100,000 investment, assuming a 7% a year return before fees. Illustration only: it ignores tax, brokerage and differences in returns.
ETHI and IHWL overlap
79 companies appear in both funds. Overlap is the share of the portfolio that is the same in both, counting the smaller weight of each shared company.
| Biggest shared holdings | % of ETHI | % of IHWL |
|---|---|---|
| 3.93% | 10.60% | |
| 3.04% | 2.56% | |
| 4.58% | 1.55% | |
| 3.22% | 1.38% | |
| 4.20% | 1.17% | |
| 1.30% | 1.17% | |
| 2.94% | 0.74% | |
| 1.49% | 0.70% | |
| 1.57% | 0.67% | |
| 1.42% | 0.67% | |
| 0.89% | 0.67% | |
| 0.86% | 0.64% |
Add more ETFs and see the overlap in Compare ETFs β
Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.
Get the full ETHI vs IHWL report
- Every holding of each ETF: the top 50 companies, with sectors and countries
- Exactly which companies they share, and how much of each
- Fees in dollars over 10, 20 and 30 years
- Every metric side by side, including the index each tracks
- β FREE BONUSIs now a good time to invest? The Market Health-O-Meter

FAQs
Which is better, ETHI or IHWL?
It depends on what you need. On our numbers ETHI wins on 2 measures and IHWL on 8. IHWL is cheaper, with a management fee of 0.13% vs 0.59%. On $100,000 over 20 years that difference is worth about $31,217. ETHI is the larger fund at $3.8bn vs $1.1bn. IHWL has the better 1-year return: +17.1% vs +6.2%.
Which is cheaper, ETHI or IHWL?
ETHI charges 0.59% a year and IHWL charges 0.13% a year.
Can I hold both ETHI and IHWL?
You can, but check how much they overlap. ETHI is a international shares fund and IHWL is a international shares fund.
More comparisons
General information only, not a recommendation. Past performance is not a reliable indicator of future performance.