βš”οΈ Head to head

LPGD vs LPHD: Which ETF Is Better?

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

It is a dead heat: 3 measures each. Which matters most depends on you.

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

The short answer

πŸ’ΈLower feeToo close to call
LPGD
1.20%
LPHD
1.20%
🏦Bigger fundLPGD wins
LPGD
$884m
LPHD
$157m

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

πŸ“ˆ1-year returnLPHD wins
LPGD
+16.5%
LPHD
+21.8%
πŸ“Š3-year returnToo close to call
LPGD
+28.4% a yr
LPHD
–
🏁5-year returnToo close to call
LPGD
+17.2% a yr
LPHD
–
βš–οΈCheaper to tradeLPHD wins
LPGD
0.31%
LPHD
0.22%

A tighter gap between the buy and sell price.

LPGD vs LPHD side by side

LPGD leads on 3, LPHD on 3LPGDLoftus Peak Global Disruption Active ETFLPHDLoftus Peak Global Disruption Hedged Active ETF
The basics
Index trackedSee the PDSSee the PDS
Fund managerLoftus PeakLoftus Peak
Asset classInternational sharesInternational shares
ListedNov 2020Sep 2025
Cost and size
MERyearly fee, lower is better1.20%1.20%
AUMfund size$884mβœ“$157m
Net flows (Sep)new money in, last month$14mβœ“$2.7m
Bid/ask spreadtrading cost, lower is better0.31%0.22%βœ“
Total returns
1 month+3.3%βœ“+0.9%
1 year+16.5%+21.8%βœ“
3 years p.a.+28.4%–
5 years p.a.+17.2%–
$10,000 invested
1 year ago$11,652$12,182βœ“
5 years ago$22,082–

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

LPGD vs LPHD 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 LPGD has a 5 years record: $10,000 then is worth $22,082 today.

LPGDLPHD$10,000 invested
$0k$8k$15k$22k$30k$11.7k$12.2k1 year agoLPHD +$530$21.2ktoo new3 years ago$22.1ktoo new5 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

LPGD and LPHD charge the same fee, so fees make no difference between them.

LPGD charges 1.20% a yearLPHD charges 1.20% a year
🧾 Fees paid on $100,000Saving
5 years
LPGD
βˆ’$7,690
LPHD
βˆ’$7,690
Same cost
10 years
LPGD
βˆ’$20,981
LPHD
βˆ’$20,981
Same cost
20 years
LPGD
βˆ’$78,143
LPHD
βˆ’$78,143
Same cost

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, LPGD or LPHD?

It depends on what you need. On our numbers LPGD wins on 3 measures and LPHD on 3. LPGD is the larger fund at $884m vs $157m. LPHD has the better 1-year return: +21.8% vs +16.5%. LPHD has the tighter bid/ask spread (0.22%), so it is usually slightly cheaper to trade.

Which is cheaper, LPGD or LPHD?

LPGD charges 1.20% a year and LPHD charges 1.20% a year.

Can I hold both LPGD and LPHD?

You can, but check how much they overlap. LPGD is a international shares fund and LPHD is a international shares fund.

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