Global X S&P Australia Garp ETF (GRPA) Review & Analysis

New ETF

MER · Top 25%AUM · #477 of 5081Y Return · #284 of 426

What's new this monthData to 30 September 2026

−3.4% in September (total return), behind the median Australian shares ETF at −2.1%.
Investors added a net $1.0m (49.8% of the fund).
The unit price closed the month at $25.59, 5% below its 12-month high (range $23.85 to $26.80).

About GRPA

GRPA is an Australian shares ETF from Global X, listed on the ASX since October 2025. With $3.1m under management it is number 77 of 81 Australian shares ETFs by size. The management fee is 0.25% a year, about $25 on every $10,000 invested, cheaper than the typical Australian shares ETF at 0.35%.

Its largest holdings are BHP GROUP LTD, WESFARMERS LTD and WOODSIDE ENERGY, and the top 10 make up 64% of the fund. By sector it leans towards materials (29%) and consumer discretionary (17%).

Over the past year it returned +0.0%, against +1.6% for the median Australian shares ETF. Broad, low-cost funds like this are often used as a core holding in a core and satellite portfolio.

GRPA distributions and dividend dates

The latest distribution was $0.4905 per unit (107% franked), ex-distribution on 2 July 2026 and paid on 16 July 2026. To receive it you need to own GRPA before the ex-date.

From ASX announcements, updated nightly. See every ETF in the dividend calendar.

Compare GRPA Check overlap Global X website ↗

Compare GRPA with

GRPAvsHYLD

Betashares S&P Australian Shares High Yield ETF

Fee	0.25%	0.25%
1 year	+0.0%	+11.2%
5 yrs p.a.	–	–
Size	$3.1m	$117m

Same holdingsNo holdings data

Full comparison →

GRPAvsVAS

Vanguard Australian Shares Index ETF

Fee	0.25%	0.07%
1 year	+0.0%	+2.2%
5 yrs p.a.	–	+6.5%
Size	$3.1m	$26.7bn

Same holdingsNo holdings data

Full comparison →

GRPAvsA200

Betashares Australia 200 ETF

Fee	0.25%	0.04%
1 year	+0.0%	+2.9%
5 yrs p.a.	–	+6.9%
Size	$3.1m	$11.1bn

Same holdingsNo holdings data

Full comparison →

GRPAvsIOZ

iShares Core S&P/ASX 200 ETF

Fee	0.25%	0.05%
1 year	+0.0%	+2.6%
5 yrs p.a.	–	+6.8%
Size	$3.1m	$9.7bn

Same holdingsNo holdings data

Full comparison →

GRPA price by TradingView

Stock Code	GRPA
Fund Manager	Global X
Asset Class	Australian shares
AUM	$3.1m
MER (%)	0.25%
Net flows (Sep)	+$1.0m
Last Price	$25.59
52-Week Range	$23.85 – $26.80
Bid/Ask Spread	0.11%
Listing Date	02/10/2025
Exchange	ASX
Index	Not yet in our data. See the PDS
Issuer website	Global X ↗

Performance (% return)

1 month−3.4%

1 year+0.0%

3 years p.a.–

5 years p.a.–

$10,000 invested…

1 year ago$10,000

Value at 30 September 2026 with distributions reinvested, before tax and brokerage.

Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.

GRPA at a glance: strengths and things to watch

👍 Strengths

Low cost. At 0.25% a year it is cheaper than 82% of Australian shares ETFs.
In an uptrend. Its price has been trending up since 2 November (as at 7 November).

⚠️ Things to watch

Small fund. With $3.1m under management, it is more at risk of being closed or merged than larger funds, and trading can be thinner.
Short track record. Listed in October 2025, so it hasn't been tested through a full market cycle.
Concentrated. The top 10 holdings make up 64% of the fund, so a few companies drive the result.

Worked out from GRPA's fees, size, flows, returns and trend against the 83 Australian shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.

etfadviserTrend check

Uptrend since 2 Nov 2026

GRPA is in an uptrend. Here's why that matters.

GRPA's price is above its 20-day average and its 10, 20, 50 and 200-day averages are stacked upward. The trend is on investors' side. Its price is 2.5% below its 12-month high.

Why it matters: Uptrends are when satellite ETFs tend to do their best work. The key is knowing when the trend breaks, so gains aren't handed back.

At ETF Adviser the core of a portfolio stays invested through every stage, and satellite ETFs are only bought in an uptrend. Members get a weekly update on which ETFs are breaking out of a base and which trends have broken.

Get the weekly trend updates: try it free for 30 days How base and trend works →See every ETF's stage →Visit etfadviser.com.au →

UptrendBaseDowntrend

GRPA weekly price, past 12 months, shaded by trend stage. Stage as at 7 November 2026, updated weekly. A technical label, not a recommendation.

GRPA vs its benchmark

How GRPA has done against the S&P/ASX 200 GARP Index, after fees. For an index fund, a small shortfall roughly the size of the fee is normal.

	GRPA	Benchmark	Difference
1 year	+5.27%	+5.49%	-0.22%

Issuer figures to 9 October 2026, fund returns after fees. Source: Global X. Compare more ETFs vs their benchmark →

Investment Focus

Exposure Regions

Australia

Portfolio Breakdown

Top 10 holdings (63.6% of the fund)

Symbol	Company	% assets
		13.18%
		9.00%
		8.33%
		7.46%
		5.94%
		5.05%
		4.64%
		3.52%
		3.31%
		3.18%

Sector breakdown

Materials29.5%
Consumer Discretionary16.6%
Industrials12.1%
Financials11.9%
Energy11.4%
Health Care7.3%
Consumer Staples4.4%
Real Estate2.7%
Other3.9%

Holdings from the issuer's published portfolio. Compare GRPA's holdings with other ETFs →

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.

Similar ETFs

Code	Name	Same holdings	MER	AUM	1Y	3Y p.a.	5Y p.a.
HYLD	Betashares S&P Australian Shares High Yield ETF	–	0.25%	$117m	+11.2%	–	–
VAS	Vanguard Australian Shares Index ETF	–	0.07%	$26.7bn	+2.2%	+10.8%	+6.5%
A200	Betashares Australia 200 ETF	–	0.04%	$11.1bn	+2.9%	+11.0%	+6.9%
IOZ	iShares Core S&P/ASX 200 ETF	–	0.05%	$9.7bn	+2.6%	+10.8%	+6.8%
VHY	Vanguard Australian Shares High Yield ETF	–	0.25%	$8.2bn	+12.0%	+13.5%	+10.2%
DACE	Dimensional Australian Core Equity Trust – Active ETF Active	–	0.28%	$7.2bn	+4.9%	–	–

Same holdings is the share of GRPA's money in companies the other ETF also holds, weighted by size. No other ETF shares much with GRPA, so these are ETFs in the same category. See every ETF like GRPA →

GRPA vs its closest alternatives

What actually differs between GRPA and the ETFs most like it. Data to 30 Sep 2026.

HYLD Betashares S&P Australian Shares High Yield ETF

Both charge the same fee (0.25%).
Over 1 year: GRPA +0.0%, HYLD +11.2% (HYLD ahead by 11.2 percentage points).
HYLD is much larger ($117m vs $3.1m), which usually means tighter trading spreads.

Compare GRPA and HYLD side by side →

VAS Vanguard Australian Shares Index ETF

VAS is cheaper (0.07% vs 0.25%), worth about $12,655 on $100,000 over 20 years.
Over 1 year: GRPA +0.0%, VAS +2.2% (VAS ahead by 2.2 percentage points).
VAS is much larger ($26.7bn vs $3.1m), which usually means tighter trading spreads.

Compare GRPA and VAS side by side →

A200 Betashares Australia 200 ETF

A200 is cheaper (0.04% vs 0.25%), worth about $14,804 on $100,000 over 20 years.
Over 1 year: GRPA +0.0%, A200 +2.9% (A200 ahead by 2.9 percentage points).
A200 is much larger ($11.1bn vs $3.1m), which usually means tighter trading spreads.

Compare GRPA and A200 side by side →

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

GRPA FAQs

What is the fee for GRPA?

GRPA charges a management fee (MER) of 0.25% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is GRPA?

GRPA had $3.1m in funds under management as at 30 September 2026.

How has GRPA performed?

GRPA returned +0.0% over the year to 30 September 2026 (total return, including distributions). Past performance is not a reliable indicator of future performance.

Who manages GRPA?

GRPA is managed by Global X and has been listed since October 2025.

Disclaimer

This review is general information only and does not take into account your objectives, financial situation or needs. Consider the Global X product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.