It’s time to run a ruler over VanEck Vectors MSCI World Ex-Australia Quality (Hedged) ETF (ASX: QHAL) and BetaShares Managed Risk Global Share Fund (Managed Fund) ETF (ASX: WRLD). The ETFs invest across the International shares sector.
The VanEck QHAL ETF (ASX:QHAL)
The VanEck QHAL ETF gives investors exposure to large companies from developed countries around the world, excluding Australia, hedged into Australian dollars.
According to our most recent data, the QHAL ETF had $293.81 million of money invested. With QHAL’s total funds under management (FUM) figure over $100 million, the ETF meets our team’s minimum investment criteria for FUM levels. As a general rule, our team draws the line at $100 million for ETFs in the International shares sector because we believe that, relative to smaller ETFs, achieving this amount of FUM lowers the chance that the ETF issuer will close the ETF.
To learn more about the QHAL ETF, read our free ETF investment report once you’re done with this article.
BetaShares WRLD ETF (ASX:WRLD)
The BetaShares WRLD ETF provides investors with exposure to an actively managed portfolio of global shares, seeking to reduce volatility and defend against losses in declining markets.
With our numbers for December 2020, WRLD’s FUM stood at $59.56 million. Given it has less than $100 million invested, ask yourself (or your adviser) if the ETF is still too small (and if you should wait to buy into it). If you’re concerned the ETF might not be established enough, compare it alongside one of the other Hedge fund sector ETFs, using our full list of ETFs.
Are the fees for the WRLD ETF bad?
BetaShares, the ETF issuer, charges a yearly management fee of 0.54% for the WRLD ETF. Meaning, if you invested $2,000 for a full 12-month period you could expect to pay a base management fee of around $10.80.
The management fee is above the average for all ETFs on our list of ASX ETFs, but keep in mind the ETF may be able to justify the higher price tag with superior performance over time.
Did you know that you get access to our free investment report on Best ETFs Australia? View the free WRLD ETF report by clicking here.