Betashares FTSE RAFI Australia 200 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 Australian equity funds would cost $187 (0.37% a year), so QOZ is $21 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 · 196 securities · top 10 = 52.2%
Country
Sector
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.7 | 5.9 | −6.3 | 1.2 | 1.0 | 1.3 | 3.2 | 1.3 | −1.2 | 0.1 | 10.0YTD | ||
| 2025 | 3.9 | −3.1 | −2.1 | 2.1 | 3.1 | 1.3 | 2.6 | 5.3 | 0.2 | 1.5 | −1.4 | 2.6 | 16.9 |
| 2024 | 1.5 | 0.9 | 3.6 | −2.7 | 0.4 | 0.8 | 3.8 | 0.4 | 3.5 | −2.0 | 3.2 | −3.0 | 10.6 |
| 2023 | 4.5 | −2.5 | −0.5 | 1.6 | −3.0 | 2.5 | 3.5 | −1.1 | −2.2 | −3.3 | 4.6 | 7.4 | 11.4 |
| 2022 | −4.4 | 3.1 | 8.6 | −0.3 | −1.9 | −8.5 | 4.6 | 0.6 | −5.9 | 6.9 | 6.6 | −2.2 | 5.5 |
| 2021 | 0.6 | 3.9 | 2.7 | 1.8 | 3.2 | 1.3 | 0.3 | 2.4 | −1.3 | 0.1 | −2.7 | 4.0 | 17.2 |
| 2020 | 3.8 | −7.4 | −23.5 | 9.0 | 5.0 | 3.0 | −1.1 | 2.9 | −4.0 | 2.1 | 13.3 | 2.0 | −0.1 |
| 2019 | 2.2 | 5.5 | 0.5 | 2.3 | 1.9 | 3.6 | 2.0 | −2.7 | 3.6 | −1.7 | 2.2 | −1.9 | 18.6 |
| 2018 | −0.8 | 0.4 | −4.4 | 3.5 | 0.3 | 4.2 | 0.9 | 0.1 | −0.3 | −6.7 | −1.2 | 0.3 | −4.0 |
| 2017 | −0.3 | 2.2 | 3.0 | 0.0 | −2.8 | −0.1 | 1.3 | 0.4 | 0.0 | 3.5 | 1.5 | 2.3 | 11.2 |
| 2016 | −6.7 | −0.3 | 4.6 | 4.4 | 2.0 | −3.4 | 6.7 | 0.1 | 2.1 | −0.5 | 3.6 | 5.0 | 18.3 |
| 2015 | 3.2 | 6.4 | 0.5 | −1.8 | 1.0 | −5.8 | 3.2 | −7.9 | −4.2 | 6.1 | −2.4 | 2.6 | −0.1 |
| 2014 | −3.7 | 4.7 | −0.4 | 2.3 | 1.0 | −1.5 | 4.3 | 0.3 | −5.3 | 3.6 | −2.1 | 2.5 | 5.2 |
| 2013 | 1.7 | 3.0 | 3.5 | −1.1 | 1.5 | 8.8 |
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.
QOZ questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Betashares FTSE RAFI Australia 200 ETF?
Betashares FTSE RAFI Australia 200 ETF holds 196 securities, and its ten largest positions make up 52.2% of the fund, close to the 52.0% typical of Australian equity funds. That makes it moderately diversified.
Its country exposure is almost entirely Australia (100.0%), and its biggest sector is Financials at 30.4%, based on holdings as at 2 Sept 2026.
Which ETFs does QOZ double up with most?
QOZ shares the most holdings with Betashares Wealthbuilder Aus200 Geared Complex ETF (G200) (76% overlap), Betashares Geared Australian Equities Complex ETF (GEAR) (76% overlap) and SPDR S&P/ASX 200 ETF (STW) (76% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.
At 76%, owning both QOZ and G200 would mostly double up on the same investments rather than spread your money further. Of these, STW has the lowest fee, at 0.05% a year against 0.40% for QOZ.
How is Betashares FTSE RAFI Australia 200 ETF managed – active or passive?
Betashares FTSE RAFI Australia 200 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 QOZ?
QOZ charges a management fee of 0.40% a year, about $40 for every $10,000 invested. That is cheaper than 51% of the 471 ASX ETFs we track, where the median fee is 0.44%. Among Australian equity funds, the median is 0.35%.
Lower-cost funds with a similar focus include Vanguard Australian Shares Index ETF (VAS) at 0.07%, Betashares Australia 200 ETF (A200) at 0.04% and iShares Core S&P/ASX 200 ETF (IOZ) at 0.05%.
If you would rather have a manager choose the investments, active options such as Airlie Australian Share Fund - Active ETF (AASF) at 0.78% and Ausbil Active Sustainable Equity Fund - Active ETF (ASUS) at 1.00% 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 0.08% for QOZ.
Does Betashares FTSE RAFI Australia 200 ETF follow a theme?
No. Betashares FTSE RAFI Australia 200 ETF is a broad equity fund: it aims to cover a wide slice of its market (Australia) rather than one theme or sector. Its largest sector, Financials, is 30.4% of the fund.
What is under the hood of QOZ?
As at 2 Sept 2026, QOZ's ten largest holdings are BHP Group Ltd (15.3%), Commonwealth Bank of Australia (6.3%), ANZ Group Holdings Ltd (5.2%), Woodside Energy Group Ltd (4.5%), Westpac Banking Corp (4.2%), National Australia Bank Ltd (4.1%), Rio Tinto Ltd (3.7%), Woolworths Group Ltd (3.3%), Macquarie Group Ltd (2.8%) and CSL Ltd (2.7%). Together they make up 52.2% of the fund.
It follows an index. Most broad share indices weight companies by market size, so the largest companies take the biggest share; the exact rules for QOZ's index are in the issuer's PDS. Its top 10 weighting of 52.2% compares with 52.0% for similar funds.
How well has Betashares FTSE RAFI Australia 200 ETF performed?
Based on its category, Betashares FTSE RAFI Australia 200 ETF aims to grow your capital in line with the index it tracks.
To 23 Oct 2026, with distributions reinvested, it returned 10.2% over 1 year (median 0.6%; ranked 7 of 65), 16.6% a year over 3 years (median 11.6% a year; ranked 6 of 54) and 10.8% a year over 5 years (median 6.6% a year; ranked 9 of 48). The medians and rankings compare it with Australian equity funds. Since listing in 2013 it has returned 9.8% 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 QOZ; 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 0.40% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.