Global X Australia Ex Financials & Resources ETF
Performance
Total return to 22 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 Australian equity funds would cost $187 (0.37% a year), so OZXX is $41 cheaper.
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 · 98 securities · top 10 = 55.0%
Country
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.0 | −3.6 | −5.9 | 0.4 | −0.7 | 7.8 | −0.4 | 1.5 | −1.4 | 3.8 | 1.9YTD | ||
| 2025 | 3.2 | −2.8 | −3.4 | 3.1 | 4.5 | 0.7 | 4.0 | −0.3 | −2.1 | −2.0 | −1.4 | −3.3 | −0.4 |
| 2024 | 2.1 | 3.5 | 1.8 | −3.9 | −0.8 | 3.4 | 4.4 | 1.1 | 1.2 | −3.5 | 5.3 | −0.9 | 14.1 |
| 2023 | −2.1 | −0.5 | 2.0 | −2.2 | −1.6 | −3.0 | 2.4 | 5.8 | 0.4 |
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.
OZXX questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Global X Australia Ex Financials & Resources ETF?
Global X Australia Ex Financials & Resources ETF holds 98 securities, and its ten largest positions make up 55.0% of the fund, close to the 51.2% typical of Australian equity funds. That makes it moderately diversified.
Its country exposure is almost entirely Australia (100.0%), based on holdings as at 2 Sept 2026.
Which ETFs does OZXX double up with most?
OZXX shares the most holdings with VanEck MSCI Australian Sustainable Equity ETF (GRNV) (43% overlap), VanEck Geared Australian Equal Weight Complex ETF (GMVW) (39% overlap) and VanEck Australian Equal Weight ETF (MVW) (39% 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 OZXX with one of them adds some genuinely different holdings.
How is Global X Australia Ex Financials & Resources ETF managed – active or passive?
Global X Australia Ex Financials & Resources ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.
Among Australian equity funds, active funds charge a median 0.85% a year and index funds 0.34%.
What will I pay in fees for OZXX?
OZXX charges a management fee of 0.25% a year, about $25 for every $10,000 invested. That is cheaper than 75% of the 471 ASX ETFs we track, where the median fee is 0.44%. Among Australian equity funds, the median is 0.35%.
It is the cheapest of the 4 financials funds we track.
If you would rather have a manager choose the investments, active options such as Seed Financial Income Fund Active ETF (SFIF) at 0.55% 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 0.21% for OZXX.
Does Global X Australia Ex Financials & Resources ETF follow a theme?
Yes. Global X Australia Ex Financials & Resources ETF focuses on financials. Thematic funds are narrower than the broad market, so they can rise or fall much more than it does.
Other ASX funds with a financials focus include Seed Financial Income Fund Active ETF (SFIF), Betashares Financials Sector ETF (QFN) and SPDR S&P/ASX 200 Financials ex AREIT ETF (OZF).
What is under the hood of OZXX?
As at 2 Sept 2026, OZXX's ten largest holdings are CSL Ltd (11.0%), Wesfarmers Ltd (8.6%), Telstra Group Lt (6.9%), Woolworths Group (6.4%), Transurban Group (5.7%), Aristocrat Leisu (4.3%), Coles Group Ltd (4.0%), Brambles Ltd (3.4%), Computershare Lt (2.8%) and Apa Group (1.9%). Together they make up 55.0% 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 55.0% compares with 51.2% for Australian equity funds.
How well has Global X Australia Ex Financials & Resources ETF performed?
Based on its category, Global X Australia Ex Financials & Resources ETF aims to grow your capital in line with the index it tracks.
To 22 Oct 2026, with distributions reinvested, it returned −5.4% over 1 year (median 0.6%; ranked 51 of 65) and 7.9% a year over 3 years (median 11.6% a year; ranked 45 of 54). The medians and rankings compare it with Australian equity funds. Since listing in 2023 it has returned 4.5% 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 OZXX; 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 0.25% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.