βš”οΈ Head to head

GLIN vs VBLD: Which ETF Is Better?

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

GLIN comes out ahead on 6 of 7 measures. Which matters most depends on you.

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

The short answer

πŸ’ΈLower feeGLIN wins
GLIN
0.15%
VBLD
0.47%

Worth about $21,907 on $100,000 over 20 years.

🏦Bigger fundGLIN wins
GLIN
$1.9bn
VBLD
$648m

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

πŸ“ˆ1-year returnGLIN wins
GLIN
+5.7%
VBLD
βˆ’0.8%
πŸ“Š3-year returnGLIN wins
GLIN
+12.3% a yr
VBLD
+9.5% a yr
🏁5-year returnToo close to call
GLIN
–
VBLD
+6.0% a yr
βš–οΈCheaper to tradeToo close to call
GLIN
0.06%
VBLD
0.07%

GLIN vs VBLD side by side

GLIN leads on 6, VBLD on 1GLINiShares Core FTSE Global Infrastructure (AUD Hedged) ETFVBLDVanguard Global Infrastructure Index ETF
The basics
Index trackedSee the PDSFTSE Developed Core Infrastructure Index
Fund manageriSharesVanguard
Asset classProperty & infrastructureProperty & infrastructure
ListedMay 2023Oct 2018
Cost and size
MERyearly fee, lower is better0.15%βœ“0.47%
AUMfund size$1.9bnβœ“$648m
Net flows (Sep)new money in, last month$182mβœ“$18m
Bid/ask spreadtrading cost, lower is better0.06%0.07%
Total returns
1 monthβˆ’5.5%βˆ’3.1%βœ“
1 year+5.7%βœ“βˆ’0.8%
3 years p.a.+12.3%βœ“+9.5%
5 years p.a.–+6.0%
$10,000 invested
1 year ago$10,570βœ“$9,919
5 years ago–$13,353

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

GLIN vs VBLD 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

πŸ“ˆ Growth

What $10,000 invested is worth now

Only VBLD has a 5 years record: $10,000 then is worth $13,353 today.

GLINVBLD$10,000 invested
$0k$4k$8k$12k$16k$10.6k$9.9k1 year agoGLIN +$651$14.2k$13.1k3 years agoGLIN +$1,013too new$13.4k5 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

GLIN's lower fee leaves about $21,907 more in your pocket over 20 years.

GLIN charges 0.15% a yearVBLD charges 0.47% a year
🧾 Fees paid on $100,000Saving
5 years
GLIN
βˆ’$980
VBLD
βˆ’$3,053
You keep$2,073more with GLIN
10 years
GLIN
βˆ’$2,740
VBLD
βˆ’$8,472
You keep$5,732more with GLIN
20 years
GLIN
βˆ’$10,706
VBLD
βˆ’$32,613
You keep$21,907more with GLIN

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.

GLIN and VBLD overlap

85%portfolio overlap (very high: holding both adds little diversification)

137 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 GLIN% of VBLD
4.81%5.55%
3.99%5.66%
3.30%3.35%
3.04%3.12%
2.79%3.64%
2.58%2.68%
2.30%2.91%
2.22%2.67%
2.17%2.27%
2.13%3.03%
1.79%1.87%
1.76%2.66%

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.

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

Which is better, GLIN or VBLD?

It depends on what you need. On our numbers GLIN wins on 6 measures and VBLD on 1. GLIN is cheaper, with a management fee of 0.15% vs 0.47%. On $100,000 over 20 years that difference is worth about $21,907. GLIN is the larger fund at $1.9bn vs $648m. GLIN has the better 1-year return: +5.7% vs βˆ’0.8%.

Which is cheaper, GLIN or VBLD?

GLIN charges 0.15% a year and VBLD charges 0.47% a year.

Can I hold both GLIN and VBLD?

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

More comparisons

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Add more ETFs to this comparison β†’

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