Betashares US Equities Strong Bear Currency Hedged Complex ETF
Performance
Total return to 23 Oct 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 equity funds would cost $406 (0.81% a year), so BBUS is $261 dearer.
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 · 0 securities · top 10 = 0.0%
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.7 | 2.2 | 18.0 | −21.7 | −13.9 | 4.9 | 0.3 | −6.6 | 0.9 | 1.6 | −18.5YTD | ||
| 2025 | −6.1 | 8.8 | 13.8 | −11.6 | −14.4 | −10.9 | −7.1 | −2.2 | −5.0 | −7.0 | 1.1 | −2.5 | −37.9 |
| 2024 | −4.5 | −7.2 | −7.2 | 6.6 | −5.5 | −10.0 | 1.6 | −7.1 | −3.9 | −2.2 | −7.5 | 6.4 | −35.0 |
| 2023 | −10.2 | 2.9 | −3.9 | −3.4 | −3.0 | −10.4 | −8.2 | 4.6 | 12.4 | 9.4 | −19.2 | −10.8 | −36.6 |
| 2022 | 17.2 | 5.9 | −18.6 | 18.3 | 5.9 | 23.2 | −18.6 | 2.8 | 23.5 | −14.2 | −3.1 | 7.7 | 44.2 |
| 2021 | −1.6 | −4.8 | −8.8 | −13.8 | −1.3 | −5.2 | −5.1 | −9.2 | 8.0 | −8.9 | −4.9 | −6.1 | −47.8 |
| 2020 | −5.6 | 29.4 | 17.6 | −28.5 | −7.1 | −4.5 | −15.6 | −17.8 | 12.8 | 0.5 | −21.2 | −7.9 | −48.0 |
| 2019 | −16.0 | −9.4 | −2.7 | −9.3 | 13.9 | −12.9 | −6.7 | 6.4 | −3.7 | −5.7 | −7.8 | −5.6 | −47.8 |
| 2018 | −12.4 | 4.4 | 13.1 | −6.2 | −3.8 | −0.6 | −6.6 | −8.3 | −1.2 | 19.7 | −4.9 | 19.6 | 7.0 |
| 2017 | −2.1 | −10.0 | −0.4 | −2.4 | −2.6 | −1.3 | −4.5 | 0.9 | −5.2 | −6.1 | −5.5 | −5.1 | −36.6 |
| 2016 | 21.2 | −6.7 | −14.5 | −2.4 | −3.7 | 2.5 | −11.8 | −1.4 | 3.0 | 1.5 | −10.0 | −5.5 | −27.9 |
| 2015 | 9.2 | −22.7 | 1.0 | 1.5 | −13.4 |
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.
BBUS questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Betashares US Equities Strong Bear Currency Hedged Complex ETF?
The issuer of Betashares US Equities Strong Bear Currency Hedged Complex ETF doesn't publish its holdings in a form we can read, so we can't measure how diversified it is. It is classed as equity with a United States focus; the product disclosure statement (PDS) and the issuer's fact sheet list what it owns.
Which ETFs does BBUS double up with most?
No other ASX fund shares more than 10% of its holdings with BBUS, but its returns move most closely with Betashares Australian Equities Strong Bear Complex ETF (BBOZ) (correlation 0.70). A correlation near 1 means the two funds tend to rise and fall together, so holding both adds little diversification.
How is Betashares US Equities Strong Bear Currency Hedged Complex ETF managed – active or passive?
Betashares US Equities Strong Bear Currency Hedged Complex ETF is actively managed. Rather than tracking an index, a fund manager at Betashares decides what to buy and sell, aiming to do better than the market after fees.
It is also geared: it borrows to magnify returns, so gains and losses are larger than the market's.
What will I pay in fees for BBUS?
BBUS charges a management fee of 1.32% a year, about $132 for every $10,000 invested. Only 2% of the 471 ASX ETFs we track charge more, and the median fee is 0.44%. Among equity funds, the median is 0.79%.
Lower-cost funds with a similar focus include Betashares Geared US Equities Currency Hedged Complex ETF (GGUS) at 0.80%, Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF (GNDQ) at 0.50% and Global X Ultra Long Nasdaq 100 Complex ETF (LNAS) at 1.00%.
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 0.07% for BBUS.
Does Betashares US Equities Strong Bear Currency Hedged Complex ETF follow a theme?
No. Betashares US Equities Strong Bear Currency Hedged Complex ETF is a broad equity fund: it aims to cover a wide slice of its market (United States) rather than one theme or sector.
What is under the hood of BBUS?
The issuer doesn't publish BBUS's holdings in a form we can read. Its website and fact sheet list the full portfolio.
As an active fund it has no index rule: the manager decides which investments to hold and how much of each, within the limits set out in the PDS.
How well has Betashares US Equities Strong Bear Currency Hedged Complex ETF performed?
Based on its category, Betashares US Equities Strong Bear Currency Hedged Complex ETF aims to grow your capital faster than its market after fees.
To 23 Oct 2026, with distributions reinvested, it returned −24.8% over 1 year (median 5.2%; ranked 12 of 13), −37.2% a year over 3 years (median 7.2% a year; ranked 6 of 7) and −23.4% a year over 5 years (median 3.3% a year; ranked 6 of 7). The medians and rankings compare it with equity funds. Since listing in 2015 it has returned −30.8% a year.
As an active fund, BBUS has no index to track. The fairer test is whether it beats similar funds and its market after fees, over several years.
Past performance is not a reliable indicator of future performance.