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GGAB

Geared

Geared Long Australian Government Bond Complex ETF

About this ETF

Betashares Geared Long Australian Government Bond Complex ETF offers geared exposure to the returns of 10-year Australian Treasury Bonds, in a single ASX trade.

IssuerBetaShares
Management fee (MER)0.99% p.a.
Inception date4 Dec 2023

Scout Score

56/100
Ranked #8 of 14 in Geared

An independent score calculated by ETF Scout across 7 real-data factors (cost, diversification, tracking, liquidity, fund strength, performance, income), ranked against other funds in the same category.

Cost46
Diversification67
Tracking83
Liquidity38
Fund Strength39
Performance9
Income77

Strengths

  • Tight index tracking — 9.98% tracking error, tighter than 83% of Geared peers.
  • Attractive yield — 0.00%, higher than 77% of Geared peers.

Weaknesses

  • Weak long-term return — -15.4% p.a. (blended), trails 91% of rated Geared peers.
⚠ Geared fund — higher risk

This is a geared (leveraged) fund. It borrows to amplify returns from its underlying exposure — gains and losses are both magnified compared to an unleveraged fund, and losses can compound quickly in falling or volatile markets. Not suitable for a typical long-term buy-and-hold portfolio without understanding this risk.

Performance (as of 30 Oct 2026)

Total returns, net of fees. Periods longer than 1 year are annualised.

1 Month+5.55%
3 Months-2.17%
YTD-0.60%
1 Year-11.48%

Price history

Cumulative return over the selected period, indexed to 0% at the start of the range.

-15%-6%+2%+11%+19%2023-122024-082025-052026-022026-11

Top holdings (as of 4 Nov 2026)

The fund's largest individual holdings, ranked by portfolio weight.

  1. 1.AUD - Australia Dollar100.00%