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BSUBBetashares · Fixed Income - Australia Dollar · Fixed income · Australia

Australian Major Bank Subordinated Debt ETF

Fee p.a.
0.29%
ASX report
Fund size
A$776m
12m flow A$427m
Yield
4.8%
12 payments / yr
Volatility 3y
1.4%
annualised
Max DD 3y
−1.7%
all-time −1.7%
Listed
2024
8 May 2024 · spread 0.06%

Growth of $10,000

Since listing, distributions reinvested
$10k$10k$10k$11k$11k$11k$11k$11k202420252026
$10,000 at listing$11,391 at 4 Sept 2026. Monthly points, distributions reinvested, before franking.

Performance

Period
Total
ASX
1 month
0.3%
0.5%
3 months
1.4%
6 months
2.6%
Year to date
3.5%
1 year
5.4%
5.6%
3 years p.a.
5 years p.a.
10 years p.a.
Since listing p.a.
6.1%

Total return to 4 Sept 2026, distributions reinvested, before franking. ASX figures are to 31 July 2026 and gross of franking, so they run higher for franked Australian funds.

Sharpe 3y Vol 1y 1.0%Vol 5y 1.4%Max DD 1y −0.3%Max DD 5y −1.7%Best year 5.7%100% positive years

Calendar-year returns

2025
5.7%
2026
3.5%

Where the money is

Look-through exposure as at 2 Sept 2026 · 5 securities · top 10 = 100.0%

Country

Australia100.0%

Sector

Fixed Income100.0%

Top holdings

AUSTRALIA & NEW ZEALAND BANKING GROUP LTD 6.2699% JAN-34Australia
10.2%
WESTPAC BANKING CORP 5.801% AUG-36Australia
9.2%
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD 5.8442% JAN-35Australia
9.1%
COMMONWEALTH BANK OF AUSTRALIA 6.174% SEP-35Australia
8.4%
NATIONAL AUSTRALIA BANK LTD 6.3818% FEB-34Australia
8.3%
COMMONWEALTH BANK OF AUSTRALIA 7.1318% NOV-32Australia
8.2%
NATIONAL AUSTRALIA BANK LTD 5.7443% NOV-35Australia
8.1%
WESTPAC BANKING CORP 5.9916% JUL-34Australia
7.3%
COMMONWEALTH BANK OF AUSTRALIA 5.7655% MAR-36Australia
7.2%
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD 6.8043% MAY-33Australia
6.7%
WESTPAC BANKING CORP 5.9579% FEB-35Australia
6.5%
COMMONWEALTH BANK OF AUSTRALIA 6.409% OCT-33Australia
5.2%
WESTPAC BANKING CORP 6.1973% APR-34Australia
5.1%
AUD - AUSTRALIA DOLLAR
0.5%

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.

Code
Fund
Fee
Overlap
Corr 3y
Betashares Australian Bank Senior Floating Rate Bond ETF
0.22%
75%
0.19
Vaneck Australian Fixed Rate Subordinated Debt ETF
0.29%
52%
0.09
Betashares Enhanced Credit (Geared) Complex ETF
0.29%
50%
0.04
VanEck Australian Subordinated Debt ETF
0.29%
48%
0.10
Global X Australian Bank Credit ETF
0.25%
39%
0.25
VanEck Australian Floating Rate ETF
0.22%
33%
0.19
Betashares 2028 Fixed Term Corporate Bond Active ETF
0.22%
16%
0.04
Betashares 2029 Fixed Term Corporate Bond Active ETF
0.22%
15%
−0.01
Betashares 2030 Fixed Term Corporate Bond Active ETF
0.22%
14%
0.10
Vanguard Australian Corporate Fixed Interest Index ETF
0.20%
13%
0.02
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