βš”οΈ Head to head

TLRA vs TLRH: Which ETF Is Better?

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

TLRA comes out ahead on 4 of 7 measures. Which matters most depends on you.

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

The short answer

πŸ’ΈLower feeTLRA wins
TLRA
1.16%
TLRH
1.20%

Worth about $2,344 on $100,000 over 20 years.

🏦Bigger fundTLRA wins
TLRA
$2.8bn
TLRH
$495m

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

πŸ“ˆ1-year returnTLRH wins
TLRA
+9.2%
TLRH
+17.6%
πŸ“Š3-year returnTLRH wins
TLRA
+6.6% a yr
TLRH
+8.4% a yr
βš–οΈCheaper to tradeToo close to call
TLRA
0.20%
TLRH
0.20%

TLRA vs TLRH side by side

TLRA leads on 4, TLRH on 3TLRATalaria Global Equity Fund Complex ETFTLRHTalaria Global Equity Fund Currency Hedged Complex ETF
The basics
Index trackedSee the PDSSee the PDS
Fund managerTalariaTalaria
Asset classInternational sharesInternational shares
ListedNov 2021Nov 2021
Cost and size
MERyearly fee, lower is better1.16%βœ“1.20%
AUMfund size$2.8bnβœ“$495m
Net flows (Sep)new money in, last month$26mβœ“$15m
Bid/ask spreadtrading cost, lower is better0.20%0.20%
Total returns
1 month+0.4%βœ“βˆ’1.4%
1 year+9.2%+17.6%βœ“
3 years p.a.+6.6%+8.4%βœ“
5 years p.a.––
$10,000 invested
1 year ago$10,916$11,761βœ“
5 years ago––

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

$10,000 put into TLRA 3 years ago is worth $12,112 today, against $12,721 in TLRH. That is $609 more in TLRH.

TLRATLRH$10,000 invested
$0k$4k$8k$12k$16k$10.9k$11.8k1 year agoTLRH +$845$12.1k$12.7k3 years agoTLRH +$609

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

TLRA's lower fee leaves about $2,344 more in your pocket over 20 years.

TLRA charges 1.16% a yearTLRH charges 1.20% a year
🧾 Fees paid on $100,000Saving
5 years
TLRA
βˆ’$7,440
TLRH
βˆ’$7,690
You keep$251more with TLRA
10 years
TLRA
βˆ’$20,315
TLRH
βˆ’$20,981
You keep$666more with TLRA
20 years
TLRA
βˆ’$75,799
TLRH
βˆ’$78,143
You keep$2,344more with TLRA

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.

Free PDF report

Get the full TLRA vs TLRH 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
⬇ Get the free report
Joshua Stega
etfadviserExchange traded fund specialist adviser Β· 20 years’ experience
Keep in touch with the marketsWeekly ETF research, the Market Health-O-Meter and our model portfolio.Try it free for 30 days β†’

FAQs

Which is better, TLRA or TLRH?

It depends on what you need. On our numbers TLRA wins on 4 measures and TLRH on 3. TLRA is cheaper, with a management fee of 1.16% vs 1.20%. On $100,000 over 20 years that difference is worth about $2,344. TLRA is the larger fund at $2.8bn vs $495m. TLRH has the better 1-year return: +17.6% vs +9.2%.

Which is cheaper, TLRA or TLRH?

TLRA charges 1.16% a year and TLRH charges 1.20% a year.

Can I hold both TLRA and TLRH?

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

More comparisons

VGS vs TLRAIVV vs TLRAVGAD vs TLRHIHVV vs TLRHDFGH vs TLRH

Add more ETFs to this comparison β†’

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