βš”οΈ Head to head

WBND vs AESG: Which ETF Is Better?

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

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

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

The short answer

πŸ’ΈLower feeToo close to call
WBND
0.19%
AESG
0.19%
🏦Bigger fundWBND wins
WBND
$782m
AESG
$455m

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

πŸ“ˆ1-year returnWBND wins
WBND
βˆ’0.6%
AESG
βˆ’1.0%
πŸ“Š3-year returnToo close to call
WBND
–
AESG
+3.4% a yr
βš–οΈCheaper to tradeToo close to call
WBND
0.07%
AESG
0.08%

WBND vs AESG side by side

WBND leads on 4, AESG on 0WBNDBetashares Global Aggregate Bond Currency H ETFAESGiShares Global Aggregate Bond ESG (AUD Hedged) ETF
The basics
Index trackedBloomberg Global Aggregate IndexBloomberg MSCI Global Aggregate and Green Bond ESG SRI Index, hedged to AUD
Fund managerBetasharesiShares
Asset classInternational bondsInternational bonds
ListedAug 2025Aug 2022
Cost and size
MERyearly fee, lower is better0.19%0.19%
AUMfund size$782mβœ“$455m
Net flows (Sep)new money in, last month$63mβœ“$14m
Bid/ask spreadtrading cost, lower is better0.07%0.08%
Total returns
1 monthβˆ’1.7%βˆ’1.7%
1 yearβˆ’0.6%βœ“βˆ’1.0%
3 years p.a.–+3.4%
5 years p.a.––
$10,000 invested
1 year ago$9,940βœ“$9,904
5 years ago––

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

WBND vs AESG 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 AESG has a 3 years record: $10,000 then is worth $11,049 today.

WBNDAESG$10,000 invested
$0k$4k$8k$12k$16k$9.9k$9.9k1 year agoWBND +$36too new$11.0k3 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

WBND and AESG charge the same fee, so fees make no difference between them.

WBND charges 0.19% a yearAESG charges 0.19% a year
🧾 Fees paid on $100,000Saving
5 years
WBND
βˆ’$1,241
AESG
βˆ’$1,241
Same cost
10 years
WBND
βˆ’$3,465
AESG
βˆ’$3,465
Same cost
20 years
WBND
βˆ’$13,513
AESG
βˆ’$13,513
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.

WBND and AESG overlap

100%portfolio overlap (very high: holding both adds little diversification)

1 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 WBND% of AESG
100.00%100.00%

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, WBND or AESG?

It depends on what you need. On our numbers WBND wins on 4 measures and AESG on 0. WBND is the larger fund at $782m vs $455m. WBND has the better 1-year return: βˆ’0.6% vs βˆ’1.0%.

Which is cheaper, WBND or AESG?

WBND charges 0.19% a year and AESG charges 0.19% a year.

Can I hold both WBND and AESG?

You can, but check how much they overlap. WBND is a international bonds fund and AESG is a international bonds fund.

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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.