βš”οΈ Head to head

WXHG vs GARP: Which ETF Is Better?

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

WXHG comes out ahead on 5 of 7 measures. Which matters most depends on you.

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

The short answer

πŸ’ΈLower feeWXHG wins
WXHG
0.10%
GARP
0.30%

Worth about $13,962 on $100,000 over 20 years.

🏦Bigger fundWXHG wins
WXHG
$410m
GARP
$132m

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

πŸ“ˆ1-year returnWXHG wins
WXHG
+14.7%
GARP
+5.6%
πŸ“Š3-year returnToo close to call
WXHG
+18.6% a yr
GARP
–
🏁5-year returnToo close to call
WXHG
+7.3% a yr
GARP
–
βš–οΈCheaper to tradeWXHG wins
WXHG
0.14%
GARP
0.15%

A tighter gap between the buy and sell price.

WXHG vs GARP side by side

WXHG leads on 5, GARP on 2WXHGState Street SPDR S&P World ex Australia Carbon Aware (Hedged) ETFGARPGlobal X S&P World ex Australia GARP ETF
The basics
Index trackedS&P Developed Ex-Australia LargeMidCap Carbon Aware Index, hedged to AUDSee the PDS
Fund managerState Street (SPDR)Global X
Asset classInternational sharesInternational shares
ListedJul 2013Sep 2024
Cost and size
MERyearly fee, lower is better0.10%βœ“0.30%
AUMfund size$410mβœ“$132m
Net flows (Sep)new money in, last month$0.0m$1.9mβœ“
Bid/ask spreadtrading cost, lower is better0.14%βœ“0.15%
Total returns
1 monthβˆ’1.3%+1.9%βœ“
1 year+14.7%βœ“+5.6%
3 years p.a.+18.6%–
5 years p.a.+7.3%–
$10,000 invested
1 year ago$11,473βœ“$10,563
5 years ago$14,235–

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

WXHG vs GARP 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 WXHG has a 5 years record: $10,000 then is worth $14,235 today.

WXHGGARP$10,000 invested
$0k$5k$10k$15k$20k$11.5k$10.6k1 year agoWXHG +$910$16.7ktoo new3 years ago$14.2ktoo 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

WXHG's lower fee leaves about $13,962 more in your pocket over 20 years.

WXHG charges 0.10% a yearGARP charges 0.30% a year
🧾 Fees paid on $100,000Saving
5 years
WXHG
βˆ’$654
GARP
βˆ’$1,955
You keep$1,301more with WXHG
10 years
WXHG
βˆ’$1,831
GARP
βˆ’$5,446
You keep$3,616more with WXHG
20 years
WXHG
βˆ’$7,169
GARP
βˆ’$21,131
You keep$13,962more with WXHG

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.

WXHG and GARP overlap

29%portfolio overlap (moderate)

64 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 WXHG% of GARP
7.87%5.22%
4.56%6.53%
3.78%3.91%
2.17%5.92%
1.32%2.29%
1.01%2.29%
0.68%2.44%
0.58%1.29%
0.47%1.09%
0.44%0.71%
0.44%0.47%
0.39%0.79%

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
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, WXHG or GARP?

It depends on what you need. On our numbers WXHG wins on 5 measures and GARP on 2. WXHG is cheaper, with a management fee of 0.10% vs 0.30%. On $100,000 over 20 years that difference is worth about $13,962. WXHG is the larger fund at $410m vs $132m. WXHG has the better 1-year return: +14.7% vs +5.6%.

Which is cheaper, WXHG or GARP?

WXHG charges 0.10% a year and GARP charges 0.30% a year.

Can I hold both WXHG and GARP?

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