Betashares Enhanced Credit (Geared) Complex ETF

Betashares Enhanced Credit (Geared) Complex ETF holds 57 securities.

Its largest country exposure is Australia at 82.9%, based on holdings as at 2 Sept 2026.

ECRD shares the most holdings with Australian Major Bank Subordinated Debt ETF (BSUB) (50% overlap), Betashares Australian Bank Senior Floating Rate Bond ETF (QPON) (50% overlap) and Betashares Interest Rate Hedged Australian Grade Corporate Bond ETF (HCRD) (50% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.

At 50%, owning both ECRD and BSUB would mostly double up on the same investments rather than spread your money further. Of these, QPON has the lowest fee, at 0.22% a year against 0.29% for ECRD.

Betashares Enhanced Credit (Geared) Complex ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.

It is also geared: it borrows to magnify returns, so gains and losses are larger than the market's.

ECRD charges a management fee of 0.29% a year, about $29 for every $10,000 invested. That is cheaper than 69% of the 471 ASX ETFs we track, where the median fee is 0.44%. Among fixed income funds, the median is 0.99%.

It is the cheapest of the 3 broad fixed income funds we track.

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 0.08% for ECRD.

No. Betashares Enhanced Credit (Geared) Complex ETF is a broad fixed income fund: it aims to cover a wide slice of its market (Australia) rather than one theme or sector.

As at 2 Sept 2026, ECRD's 3 largest holdings are Betashares Australian Major Ba (168.5%), Betashares Interest Rate Hedge (168.1%) and Aud - Australia Dollar (−236.6%). Together they make up 100.0% of the fund. Some holdings are other ETFs, which we look through to their own holdings when measuring exposure and overlap.

It follows an index; the issuer's PDS sets out how that index chooses and weights its holdings.

Based on its category, Betashares Enhanced Credit (Geared) Complex ETF aims mainly to pay a regular income, with capital growth secondary.

ECRD 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 ECRD; 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 0.29% a year, and a much bigger gap is a warning sign.

Past performance is not a reliable indicator of future performance.