MAET vs MCGG: Which ETF Is Better?
A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.
MCGG comes out ahead on 5 of 7 measures. Which matters most depends on you.
The short answer
Worth about $39,178 on $100,000 over 20 years.
Bigger funds usually trade more cheaply and are less likely to close.
MAET vs MCGG side by side
| MAET leads on 2, MCGG on 5 | MAETMunro Global Growth Fund Complex ETF | MCGGMunro Concentrated Global Growth Active ETF |
|---|---|---|
| The basics | ||
| Index tracked | See the PDS | See the PDS |
| Fund manager | Munro | Munro |
| Asset class | International shares | International shares |
| Listed | Nov 2020 | Feb 2022 |
| Cost and size | ||
| MERyearly fee, lower is better | 1.35% | 0.70%β |
| AUMfund size | $374mβ | $152m |
| Net flows (Sep)new money in, last month | $9.2mβ | $4.0m |
| Bid/ask spreadtrading cost, lower is better | 0.29% | 0.33% |
| Total returns | ||
| 1 month | +0.2% | +1.2%β |
| 1 year | +2.2% | +3.4%β |
| 3 years p.a. | +19.5% | +24.0%β |
| 5 years p.a. | +8.1% | β |
| $10,000 invested | ||
| 1 year ago | $10,218 | $10,336β |
| 5 years ago | $14,741 | β |
β marks the better figure on each measure. Returns include distributions, to 30 September 2026.
MAET vs MCGG 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
Only MAET has a 5 years record: $10,000 then is worth $14,741 today.
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
MCGG's lower fee leaves about $39,178 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.
Get the full MAET vs MCGG 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, MAET or MCGG?
It depends on what you need. On our numbers MAET wins on 2 measures and MCGG on 5. MCGG is cheaper, with a management fee of 0.70% vs 1.35%. On $100,000 over 20 years that difference is worth about $39,178. MAET is the larger fund at $374m vs $152m. MCGG has the better 1-year return: +3.4% vs +2.2%.
Which is cheaper, MAET or MCGG?
MAET charges 1.35% a year and MCGG charges 0.70% a year.
Can I hold both MAET and MCGG?
You can, but check how much they overlap. MAET is a international shares fund and MCGG is a international shares fund.
More comparisons
General information only, not a recommendation. Past performance is not a reliable indicator of future performance.