Global X S&P Australia GARP ETF
Performance
Total return to 2 Sept 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among Australian equity funds would cost $187 (0.37% a year), so GRPA is $50 cheaper.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
Where the money is
Look-through exposure as at 2 Sept 2026 · 49 securities · top 10 = 62.5%
Country
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.8 | 1.3 | −2.3 | 1.2 | 2.7 | 0.3 | −1.4 | 4.4 | 0.0 | 9.3YTD | |||
| 2025 | −0.7 | −1.5 | 0.2 | −2.0 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Top holdings
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
GRPA questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Global X S&P Australia GARP ETF?
Global X S&P Australia GARP ETF holds 49 securities, and its ten largest positions make up 62.5% of the fund, more concentrated than the 51.2% typical of Australian equity funds. That makes it fairly concentrated.
Its country exposure is almost entirely Australia (100.0%), based on holdings as at 2 Sept 2026.
Which ETFs does GRPA double up with most?
GRPA shares the most holdings with Betashares S&P Australian Shares High Yield ETF (HYLD) (45% overlap), iShares Global High Yield Bond (AUD Hedged) ETF (IHHY) (45% overlap) and Betashares Resources Sector ETF (QRE) (43% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.
None of these overlaps is above half, so pairing GRPA with one of them adds some genuinely different holdings.
How is Global X S&P Australia GARP ETF managed – active or passive?
Global X S&P Australia GARP ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.
Among Australian equity funds, active funds charge a median 0.85% a year and index funds 0.34%.
What will I pay in fees for GRPA?
GRPA charges a management fee of 0.25% a year, about $25 for every $10,000 invested. That is cheaper than 75% of the 471 ASX ETFs we track, where the median fee is 0.44%. Among Australian equity funds, the median is 0.35%.
Lower-cost funds with a similar focus include Vanguard Australian Shares Index ETF (VAS) at 0.07%, Betashares Australia 200 ETF (A200) at 0.04% and iShares Core S&P/ASX 200 ETF (IOZ) at 0.05%.
If you would rather have a manager choose the investments, active options such as Dimensional Australian Core Equity Trust - Active ETF (DACE) at 0.28% and Airlie Australian Share Fund - Active ETF (AASF) at 0.78% cost more.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.12% for GRPA.
Does Global X S&P Australia GARP ETF follow a theme?
No. Global X S&P Australia GARP ETF is a broad equity fund: it aims to cover a wide slice of its market (Australia) rather than one theme or sector.
What is under the hood of GRPA?
As at 2 Sept 2026, GRPA's ten largest holdings are BHP Group Ltd (13.2%), Wesfarmers Ltd (8.8%), Woodside Energy (8.0%), Rio Tinto Ltd (7.8%), QBE Insurance (5.4%), Resmed Inc-Cdi (4.8%), Qantas Airways (4.7%), Coles Group Ltd (3.4%), Fortescue Ltd (3.4%) and Santos Ltd (2.9%). Together they make up 62.5% of the fund.
It follows an index. Most broad share indices weight companies by market size, so the largest companies take the biggest share; the exact rules for GRPA's index are in the issuer's PDS. Its top 10 weighting of 62.5% compares with 51.2% for similar funds.
How well has Global X S&P Australia GARP ETF performed?
Based on its category, Global X S&P Australia GARP ETF aims to grow your capital in line with the index it tracks.
GRPA doesn't have a full year of price history yet, so we can't judge its performance.
Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for GRPA; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 0.25% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.