βš”οΈ Head to head

GIFL vs IFRA: Which ETF Is Better?

A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.

GIFL comes out ahead on 5 of 7 measures. Which matters most depends on you.

The big difference is currency. IFRA is currency hedged, so its returns ignore moves in the Australian dollar. GIFL is unhedged: it does better when the dollar falls and worse when it rises.

The short answer

πŸ’ΈLower feeIFRA wins
GIFL
0.98%
IFRA
0.20%

Worth about $50,830 on $100,000 over 20 years.

🏦Bigger fundGIFL wins
GIFL
$3.0bn
IFRA
$2.1bn

Bigger funds usually trade more cheaply and are less likely to close.

πŸ“ˆ1-year returnGIFL wins
GIFL
+6.1%
IFRA
+5.3%
πŸ“Š3-year returnToo close to call
GIFL
–
IFRA
+12.1% a yr
🏁5-year returnToo close to call
GIFL
–
IFRA
+5.3% a yr
βš–οΈCheaper to tradeIFRA wins
GIFL
0.20%
IFRA
0.07%

A tighter gap between the buy and sell price.

GIFL vs IFRA side by side

GIFL leads on 5, IFRA on 2GIFLLazard Global Listed Infrastructure Active ETFIFRAVanEck FTSE Global Infrastructure (AUD Hedged) ETF
The basics
Index trackedSee the PDSFTSE Developed Core Infrastructure 50/50 Index, hedged to AUD
Fund managerLazardVanEck
Asset classProperty & infrastructureProperty & infrastructure
ListedJun 2024May 2016
Cost and size
MERyearly fee, lower is better0.98%0.20%βœ“
AUMfund size$3.0bnβœ“$2.1bn
Net flows (Sep)new money in, last month$75mβœ“$56m
Bid/ask spreadtrading cost, lower is better0.20%0.07%βœ“
Total returns
1 monthβˆ’4.7%βœ“βˆ’5.3%
1 year+6.1%βœ“+5.3%
3 years p.a.–+12.1%
5 years p.a.–+5.3%
$10,000 invested
1 year ago$10,612βœ“$10,530
5 years ago–$12,942

βœ“ marks the better figure on each measure. Returns include distributions, to 30 September 2026.

πŸ“ˆ Growth

What $10,000 invested is worth now

Only IFRA has a 5 years record: $10,000 then is worth $12,942 today.

GIFLIFRA$10,000 invested
$0k$4k$8k$12k$16k$10.6k$10.5k1 year agoGIFL +$82too new$14.1k3 years agotoo new$12.9k5 years ago

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.

πŸ’Έ Cost

What the fees cost you

IFRA's lower fee leaves about $50,830 more in your pocket over 20 years.

GIFL charges 0.98% a yearIFRA charges 0.20% a year
🧾 Fees paid on $100,000Saving
5 years
GIFL
βˆ’$6,306
IFRA
βˆ’$1,306
You keep$5,000more with IFRA
10 years
GIFL
βˆ’$17,292
IFRA
βˆ’$3,646
You keep$13,646more with IFRA
20 years
GIFL
βˆ’$65,042
IFRA
βˆ’$14,212
You keep$50,830more with IFRA

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.

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Joshua Stega
etfadviserExchange traded fund specialist adviser Β· 20 years’ experience
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FAQs

Which is better, GIFL or IFRA?

It depends on what you need. On our numbers GIFL wins on 5 measures and IFRA on 2. IFRA is cheaper, with a management fee of 0.20% vs 0.98%. On $100,000 over 20 years that difference is worth about $50,830. GIFL is the larger fund at $3.0bn vs $2.1bn. GIFL has the better 1-year return: +6.1% vs +5.3%.

Which is cheaper, GIFL or IFRA?

GIFL charges 0.98% a year and IFRA charges 0.20% a year.

Can I hold both GIFL and IFRA?

You can, but check how much they overlap. GIFL is a property & infrastructure fund and IFRA is a property & infrastructure fund.

More comparisons

GIFL vs GLINGIFL vs CUIVGIFL vs VBLDGIFL vs DJREGIFL vs QGRUGIFL vs SLFGIFL vs MCSIIFRA vs VBLDIFRA vs GLINIFRA vs REITIFRA vs GLPRIFRA vs CIIHIFRA vs CIVHIFRA vs QGFHIFRA vs MCSIIFRA vs MICH

Add more ETFs to this comparison β†’

General information only, not a recommendation. Past performance is not a reliable indicator of future performance.