Alphinity Global Equity Fund - Active ETF (XALG) Review & Analysis

MER · #409 of 514AUM · Top 50%1Y Return · #347 of 4263Y Return · #162 of 300

What's new this monthData to 30 September 2026

+3.2% in September (total return), ahead of the median international shares ETF at +0.0%.
Investors withdrew a net $6.3m (-2.3% of the fund).
The unit price closed the month at $10.34, 8% below its 12-month high (range $9.29 to $11.22).

About XALG

XALG is an international shares ETF from Alphinity, listed on the ASX since January 2023. With $270m under management it is number 91 of 254 international shares ETFs by size. The management fee is 0.75% a year, about $75 on every $10,000 invested, dearer than the typical international shares ETF at 0.55%.

Over the past year it returned −2.9%, against +10.4% for the median international shares ETF.

XALG distributions and dividend dates

The latest distribution was $0.2509 per unit (0% franked), ex-distribution on 1 July 2026 and paid on 8 July 2026. To receive it you need to own XALG before the ex-date.

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

Compare XALG Check overlap Alphinity website ↗

Compare XALG with

XALGvsXASG

Alphinity Global Sustainable Equity Fund - Active ETF

Fee	0.75%	0.75%
1 year	−2.9%	−1.6%
5 yrs p.a.	–	–
Size	$270m	$76m

Same holdingsNo holdings data

Full comparison →

XALGvsVGS

Vanguard MSCI Index International Shares ETF

Fee	0.75%	0.18%
1 year	−2.9%	+10.1%
5 yrs p.a.	–	+11.8%
Size	$270m	$18.7bn

Same holdingsNo holdings data

Full comparison →

XALGvsIVV

iShares S&P 500 ETF

Fee	0.75%	0.04%
1 year	−2.9%	+10.1%
5 yrs p.a.	–	+13.4%
Size	$270m	$14.9bn

Same holdingsNo holdings data

Full comparison →

XALGvsNDQ

Betashares Nasdaq 100 ETF

Fee	0.75%	0.48%
1 year	−2.9%	+16.6%
5 yrs p.a.	–	+15.3%
Size	$270m	$9.5bn

Same holdingsNo holdings data

Full comparison →

XALG price by TradingView

Stock Code	XALG
Fund Manager	Alphinity
Asset Class	International shares
AUM	$270m
MER (%)	0.75%
Net flows (Sep)	−$6.3m
Last Price	$10.34
52-Week Range	$9.29 – $11.22
Bid/Ask Spread	0.58%
Listing Date	17/01/2023
Exchange	ASX
Index	None: actively managed. See the PDS for its benchmark
Issuer website	Alphinity ↗

Performance (% return)

1 month+3.2%

1 year−2.9%

3 years p.a.+10.3%

5 years p.a.–

$10,000 invested…

1 year ago$9,7083 years ago$13,419

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.

XALG at a glance: strengths and things to watch

👍 Strengths

Nothing stands out against its category.

⚠️ Things to watch

Behind its peers. +10.3% a year over 3 years, against +15.4% for the median international shares ETF.
Wider trading spread. 0.58% between the buy and sell price. Use a limit order.

Worked out from XALG's fees, size, flows, returns and trend against the 257 international shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.

etfadviserTrend check

Base since 24 Sep 2026

XALG is in a base. Here's why that matters.

XALG's moving averages are tangled and the price is moving sideways. The trend hasn't picked a direction yet. Its price is 8.5% below its 12-month high.

Why it matters: Bases are where the next big move starts. A breakout can begin a new uptrend, while a breakdown can start a long fall. Buying a satellite before the breakout often means waiting months for nothing to happen.

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

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

Investment Focus

Exposure Regions

Global

Themes & Sectors

Active ETFs

Similar ETFs

Code	Name	Same holdings	MER	AUM	1Y	3Y p.a.	5Y p.a.
XASG	Alphinity Global Sustainable Equity Fund - Active ETF Active	–	0.75%	$76m	−1.6%	+8.4%	–
VGS	Vanguard MSCI Index International Shares ETF	–	0.18%	$18.7bn	+10.1%	+17.9%	+11.8%
IVV	iShares S&P 500 ETF	–	0.04%	$14.9bn	+10.1%	+19.2%	+13.4%
NDQ	Betashares Nasdaq 100 ETF	–	0.48%	$9.5bn	+16.6%	+23.8%	+15.3%
QUAL	VanEck MSCI International Quality ETF	–	0.40%	$9.2bn	+10.1%	+16.1%	+11.4%
VGAD	Vanguard MSCI Index International Shares (Hedged) ETF Currency hedged	–	0.21%	$7.9bn	+17.1%	+19.8%	+10.8%

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

XALG vs its closest alternatives

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

XASG Alphinity Global Sustainable Equity Fund - Active ETF

Both charge the same fee (0.75%).
Over 3 years, a year: XALG +10.3%, XASG +8.4% (XALG ahead by 1.9 percentage points).
XALG is about 4 times larger ($270m vs $76m), which usually means tighter trading spreads.

Compare XALG and XASG side by side →

VGS Vanguard MSCI Index International Shares ETF

VGS is cheaper (0.18% vs 0.75%), worth about $37,970 on $100,000 over 20 years.
Over 3 years, a year: XALG +10.3%, VGS +17.9% (VGS ahead by 7.6 percentage points).
VGS is much larger ($18.7bn vs $270m), which usually means tighter trading spreads.
Different structure: XALG is actively managed, VGS is a standard fund.

Compare XALG and VGS side by side →

IVV iShares S&P 500 ETF

IVV is cheaper (0.04% vs 0.75%), worth about $47,900 on $100,000 over 20 years.
Over 3 years, a year: XALG +10.3%, IVV +19.2% (IVV ahead by 8.9 percentage points).
IVV is much larger ($14.9bn vs $270m), which usually means tighter trading spreads.
Different structure: XALG is actively managed, IVV is a standard fund.

Compare XALG and IVV side by side →

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

XALG FAQs

What is the fee for XALG?

XALG charges a management fee (MER) of 0.75% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is XALG?

XALG had $270m in funds under management as at 30 September 2026.

How has XALG performed?

XALG returned −2.9% over the year to 30 September 2026 (total return, including distributions). Over three years it returned +10.3% a year. Past performance is not a reliable indicator of future performance.

Who manages XALG?

XALG is managed by Alphinity and has been listed since January 2023.

Is XALG franked?

Generally no. XALG invests outside Australia, so its distributions carry little or no franking credits. Franking comes from Australian companies that have paid tax here.

Is XALG currency hedged?

No, XALG is unhedged. Its returns move with the Australian dollar: a falling dollar adds to returns and a rising dollar reduces them.

Disclaimer

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