Betashares Climate Change Innovation 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 Global equity funds would cost $316 (0.63% a year), so ERTH is $33 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 · 88 securities · top 10 = 38.9%
Country
Sector
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.4 | 0.7 | −4.2 | 8.4 | 6.7 | −2.1 | −8.3 | 0.7 | −2.3 | −2.5 | −1.8YTD | ||
| 2025 | 0.7 | −0.4 | −4.7 | −0.9 | 6.6 | 1.5 | 1.6 | 3.8 | 1.3 | 3.6 | −0.8 | −2.6 | 9.8 |
| 2024 | −9.2 | 4.5 | 1.1 | −4.5 | 3.3 | −6.1 | 6.2 | −2.9 | 5.2 | −0.6 | −1.1 | 1.6 | −3.7 |
| 2023 | 4.5 | 2.5 | 0.2 | −4.1 | 2.7 | 2.8 | 8.2 | −6.6 | −9.6 | −12.6 | 7.3 | 7.5 | 0.0 |
| 2022 | −16.1 | −6.1 | 6.5 | −8.9 | −0.3 | −5.7 | 10.7 | −0.5 | −8.3 | 2.6 | 0.6 | −6.7 | −30.0 |
| 2021 | 0.5 | 0.3 | 12.1 | −2.5 | 4.5 | −6.2 | 6.4 | 4.4 | −8.7 | 9.5 |
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.
ERTH questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Betashares Climate Change Innovation ETF?
Betashares Climate Change Innovation ETF holds 88 securities, and its ten largest positions make up 38.9% of the fund, more spread out than the 54.7% typical of Global equity funds. That makes it moderately diversified.
Its largest country exposure is United States at 55.2%, and its biggest sector is Industrials at 48.4%, based on holdings as at 2 Sept 2026.
Which ETFs does ERTH double up with most?
ERTH shares the most holdings with Betashares Electric Vehicles and Future Mobility ETF (DRIV) (22% overlap), VanEck Global Clean Energy ETF (CLNE) (16% overlap) and Global X Battery Tech & Lithium ETF (ACDC) (15% 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 ERTH with one of them adds some genuinely different holdings.
How is Betashares Climate Change Innovation ETF managed – active or passive?
Betashares Climate Change Innovation ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.
Among Global equity funds, active funds charge a median 0.99% a year and index funds 0.53%.
What will I pay in fees for ERTH?
ERTH charges a management fee of 0.65% a year, about $65 for every $10,000 invested. Only 27% of the 471 ASX ETFs we track charge more, and the median fee is 0.44%. Among Global equity funds, the median is 0.58%.
Lower-cost funds with a similar focus include SPDR S&P World ex Australia Carbon Aware ETF (WXOZ) at 0.07%, SPDR S&P World ex Australia Carbon Aware (Hedged) ETF (WXHG) at 0.10% and SPDR S&P Emerging Markets Carbon Aware ETF (WEMG) at 0.35%.
If you would rather have a manager choose the investments, active options such as Munro Climate Change Leaders Fund Active ETF (MCCL) at 0.90% 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 0.24% for ERTH.
Does Betashares Climate Change Innovation ETF follow a theme?
Yes. Betashares Climate Change Innovation ETF focuses on clean energy and climate, and its largest sector is Industrials at 48.4% of the fund. Thematic funds are narrower than the broad market, so they can rise or fall much more than it does.
Other ASX funds with a clean energy and climate focus include SPDR S&P World ex Australia Carbon Aware ETF (WXOZ), SPDR S&P World ex Australia Carbon Aware (Hedged) ETF (WXHG), Munro Climate Change Leaders Fund Active ETF (MCCL) and VanEck Global Clean Energy ETF (CLNE).
It also applies environmental, social and governance (ESG) screens, excluding companies that fail the issuer's ethical criteria.
What is under the hood of ERTH?
As at 2 Sept 2026, ERTH's ten largest holdings are Ecolab Inc (4.3%), Byd Co Ltd (4.1%), Synopsys Inc (4.0%), Waste Connections Inc (4.0%), Waste Management Inc (3.9%), Abb Ltd (3.9%), Vestas Wind Systems A/S (3.8%), Tesla Inc (3.8%), Carrier Global Corp (3.6%) and Bloom Energy Corp (3.6%). Together they make up 38.9% of the fund.
It follows an index; the issuer's PDS sets out how that index chooses and weights its holdings. Its top 10 weighting of 38.9% compares with 54.7% for Global equity funds.
How well has Betashares Climate Change Innovation ETF performed?
Based on its category, Betashares Climate Change Innovation ETF aims to grow your capital in line with the index it tracks.
To 23 Oct 2026, with distributions reinvested, it returned −4.2% over 1 year (median 4.6%; ranked 26 of 30), 4.9% a year over 3 years (median 14.2% a year; ranked 23 of 23) and −6.5% a year over 5 years (median 9.4% a year; ranked 10 of 10). The medians and rankings compare it with Global equity funds. Since listing in 2021 it has returned −4.1% a year.
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 ERTH; 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 0.65% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.