βš”οΈ Head to head

WIRE vs MNRS: Which ETF Is Better?

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

WIRE comes out ahead on 6 of 8 measures. Which matters most depends on you.

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

The short answer

πŸ’ΈLower feeMNRS wins
WIRE
0.65%
MNRS
0.57%

Worth about $5,191 on $100,000 over 20 years.

🏦Bigger fundWIRE wins
WIRE
$916m
MNRS
$256m

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

πŸ“ˆ1-year returnWIRE wins
WIRE
+38.1%
MNRS
+13.9%
πŸ“Š3-year returnMNRS wins
WIRE
+31.0% a yr
MNRS
+49.0% a yr
🏁5-year returnToo close to call
WIRE
–
MNRS
+24.6% a yr
βš–οΈCheaper to tradeWIRE wins
WIRE
0.09%
MNRS
0.16%

A tighter gap between the buy and sell price.

WIRE vs MNRS side by side

WIRE leads on 6, MNRS on 2WIREGlobal X Copper Miners ETFMNRSBetashares Global Gold Miners Currency Hedged ETF
The basics
Index trackedSee the PDSSee the PDS
Fund managerGlobal XBetashares
Asset classInternational sharesInternational shares
ListedNov 2022Jul 2016
Cost and size
MERyearly fee, lower is better0.65%0.57%βœ“
AUMfund size$916mβœ“$256m
Net flows (Sep)new money in, last month$4.9mβœ“$1.5m
Bid/ask spreadtrading cost, lower is better0.09%βœ“0.16%
Total returns
1 monthβˆ’5.7%βœ“βˆ’8.4%
1 year+38.1%βœ“+13.9%
3 years p.a.+31.0%+49.0%βœ“
5 years p.a.–+24.6%
$10,000 invested
1 year ago$13,809βœ“$11,389
5 years ago–$30,003

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

WIRE vs MNRS 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 MNRS has a 5 years record: $10,000 then is worth $30,003 today.

WIREMNRS$10,000 invested
$0k$10k$20k$30k$40k$13.8k$11.4k1 year agoWIRE +$2,420$22.5k$33.1k3 years agoMNRS +$10,599too new$30.0k5 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

MNRS's lower fee leaves about $5,191 more in your pocket over 20 years.

WIRE charges 0.65% a yearMNRS charges 0.57% a year
🧾 Fees paid on $100,000Saving
5 years
WIRE
βˆ’$4,209
MNRS
βˆ’$3,696
You keep$512more with MNRS
10 years
WIRE
βˆ’$11,629
MNRS
βˆ’$10,232
You keep$1,397more with MNRS
20 years
WIRE
βˆ’$44,398
MNRS
βˆ’$39,207
You keep$5,191more with MNRS

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.

WIRE and MNRS overlap

4%portfolio overlap (low: they are quite different underneath)

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 WIRE% of MNRS
3.98%3.97%

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, WIRE or MNRS?

It depends on what you need. On our numbers WIRE wins on 6 measures and MNRS on 2. MNRS is cheaper, with a management fee of 0.57% vs 0.65%. On $100,000 over 20 years that difference is worth about $5,191. WIRE is the larger fund at $916m vs $256m. WIRE has the better 1-year return: +38.1% vs +13.9%.

Which is cheaper, WIRE or MNRS?

WIRE charges 0.65% a year and MNRS charges 0.57% a year.

Can I hold both WIRE and MNRS?

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