BGBL invests in more than a thousand large and mid-sized companies across developed markets outside Australia, for one of the lowest fees available. It charges 0.08% a year, has $5.5b invested and returned +10.4% over the past year. The most similar ETF is HGBL, which overlaps with it by about 85%.
📅 As at 30 September 2026: fee, size and 1-year return from the TMX Australia funds report; holdings and overlap from BGBL’s published holdings as at 30 October 2026.
Is it a good time to buy BGBL?
Nobody can time the market perfectly, but you can check the trend before you buy. Here’s where BGBL stands right now.
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| Net flow, September | +$220m |
| Net flow, 2026 so far | +$1.8b |
| Average month in 2026 | +$201m |
Week to 23 October: top 10 for inflows on the ASX (+$74m).
Is the whole market risk on, caution or risk off this week? Members see it every Sunday, with the core ETF check-up.
🔒 See it free for 30 days →BGBL is in a base. Prices moving sideways can be a time to build a position gradually and watch which way the trend breaks. There’s no rush either way.
General information only, not a recommendation to buy or sell BGBL. Whether it suits you depends on your goals and the rest of your portfolio. Trend updated weekly; flows from the TMX Australia funds report (September 2026) and the Global X weekly market monitor. See every ETF’s trend in the ETF trend scanner, or read when to buy an ETF.
What is BGBL?
Index: Solactive GBS Developed Markets ex Australia Large & Mid Cap Index · Issuer: Betashares · Exchange: ASX
Top 10 holdings
The 10 largest companies make up 29% of BGBL.
| # | Company | Weight | |
|---|---|---|---|
| 1 | Apple IncInformation Technology | 5.65% | |
| 2 | NVIDIA CorpInformation Technology | 5.46% | |
| 3 | Microsoft CorpInformation Technology | 4.38% | |
| 4 | Alphabet (Google)Communication Services | 3.50% | |
| 5 | Amazon.com IncConsumer Discretionary | 2.65% | |
| 6 | Broadcom IncInformation Technology | 1.75% | |
| 7 | Meta Platforms IncCommunication Services | 1.54% | |
| 8 | Tesla IncConsumer Discretionary | 1.40% | |
| 9 | Eli Lilly & CoHealth Care | 1.36% | |
| 10 | Micron Technology IncInformation Technology | 1.14% |
Sector breakdown
ETFs most similar to BGBL
How much each ETF’s holdings overlap with BGBL, by weight. High overlap means owning both mostly doubles up.
| ETF | Overlap | |
|---|---|---|
| HGBLBetashares Global Shares Currency Hedged ETF | 85% | Compare in calculator → |
| VGSVanguard MSCI Index International Shares ETF | 76% | BGBL vs VGS → |
| VGADVanguard MSCI Indx International Shre (Hedged) ETF | 76% | Compare in calculator → |
| IHVViShares S&P 500 Aud Hedged ETF | 67% | Compare in calculator → |
| IVViShares S&P 500 ETF | 67% | Compare in calculator → |
| UMAXBetashares S&P 500 Yield Maximiser Complex ETF | 67% | Compare in calculator → |
Head to head: VGS vs BGBL · BGBL vs IWLD · all comparisons
Check BGBL against your own ETFs →Core or satellite?
CORE Global shares
BGBL is a core building block: the global half of a two-ETF core alongside A200 or VAS. Read more in core and satellite investing.
Read more: A VAS and VGS portfolio · Vanguard vs Betashares · Hedged vs unhedged ETFs
BGBL FAQs
Is BGBL a good ETF?
BGBL is a very low-cost global shares ETF that is almost identical to VGS. Its track record is shorter, but its index is broad and well established. Whether it suits you depends on your goals and the rest of your portfolio.
What does BGBL invest in?
BGBL invests in more than a thousand large and mid-sized companies across developed markets outside Australia, for one of the lowest fees available. Its largest holdings are Apple Inc, NVIDIA Corp, Microsoft Corp, and its biggest sector is information technology at about 35%.
What ETFs are similar to BGBL?
The ETFs with the most overlap with BGBL are HGBL (about 85%) and VGS (about 76%). Use the free ETF overlap calculator to check your own mix.
Should I own BGBL and HGBL together?
Usually there is little point: their holdings overlap by about 85%, so owning both mostly doubles up.
Fee, size and returns: TMX Australia Funds Report to 30 September 2026; returns are total returns, 5-year figure is cumulative. Holdings from Betashares as at 30 October 2026; sector split based on the holdings we can see, about 85% of the fund. Chart: TradingView. General information only, not a recommendation to buy or sell BGBL. Consider the PDS and TMD before investing.