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GGBL

Geared

Wealth Builder Global Shares Geared (30-40% LVR) Complex ETF

About this ETF

GGBL seeks to help investors build long-term wealth by providing moderately geared exposure to a diversified portfolio of global equities (ex-Australia).

IssuerBetaShares
Management fee (MER)0.35% p.a.
Inception date26 Sep 2025

Scout Score

74/100
Ranked #2 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.

Cost92
Diversification67
Tracking100
Liquidity43
Fund Strength49
Performance64
Income85

Strengths

  • Tight index tracking — 5.08% tracking error, tighter than 100% of Geared peers.
  • Low fee — 0.35% p.a., cheaper than 92% of Geared funds.
  • Attractive yield — 0.67%, higher than 85% of Geared peers.

Weaknesses

No notable weaknesses found relative to category 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 4 Nov 2026)

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

1 Month-3.27%
3 Months+0.03%
YTD+3.64%
1 Year+3.96%

Price history

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

-15%-7%+0%+8%+16%2025-092026-012026-042026-072026-11

Top holdings (as of 4 Nov 2026)

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

  1. 1.Betashares Global Shares Etf151.02%
  2. 2.AUD - Australia Dollar-51.02%