Betashares Australian Bank Senior Floating Rate Bond 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 fixed income funds would cost $131 (0.26% a year), so QPON is $17 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 · 9 securities · top 10 = 98.4%
Country
Sector
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.6 | 0.3 | 0.2 | 0.5 | 0.5 | 0.5 | 0.5 | 0.4 | 0.3 | 0.3 | 4.2YTD | ||
| 2025 | 0.4 | 0.6 | −0.0 | 0.3 | 0.9 | 0.2 | 0.6 | 0.7 | 0.6 | 0.3 | 0.0 | 0.4 | 5.0 |
| 2024 | 0.5 | 0.4 | 0.5 | 0.5 | 0.7 | 0.3 | 0.7 | 0.2 | 0.4 | 0.7 | 0.3 | 0.5 | 5.9 |
| 2023 | 0.4 | 0.5 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 | 0.4 | 0.4 | 0.3 | 0.4 | 0.6 | 5.3 |
| 2022 | −0.1 | −0.2 | −0.4 | −0.1 | −0.3 | 0.1 | 0.5 | 0.5 | 0.1 | −0.2 | 0.9 | 0.3 | 1.0 |
| 2021 | −0.1 | −0.1 | 0.3 | −0.2 | 0.0 | 0.1 | 0.2 | 0.0 | −0.3 | −0.2 | −0.1 | 0.2 | −0.2 |
| 2020 | 0.2 | 0.0 | −2.2 | 2.0 | 0.4 | 0.6 | 0.8 | −0.1 | −0.1 | 0.6 | 0.4 | −0.1 | 2.5 |
| 2019 | 0.4 | 0.6 | 0.6 | 0.4 | 0.2 | 0.2 | 1.0 | −0.3 | 0.1 | 0.1 | 0.2 | 0.2 | 3.7 |
| 2018 | 0.3 | 0.1 | −0.3 | 0.3 | 0.1 | 0.1 | 0.4 | 0.4 | 0.2 | 0.2 | −0.1 | −0.1 | 1.8 |
| 2017 | 0.4 | 0.3 | 0.3 | 0.4 | 0.2 | 0.2 | 1.7 |
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.
QPON questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Betashares Australian Bank Senior Floating Rate Bond ETF?
Betashares Australian Bank Senior Floating Rate Bond ETF holds 9 securities.
Its country exposure is almost entirely Australia (100.0%), based on holdings as at 2 Sept 2026.
Which ETFs does QPON double up with most?
QPON shares the most holdings with Australian Major Bank Subordinated Debt ETF (BSUB) (75% overlap), Vaneck Australian Fixed Rate Subordinated Debt ETF (FSUB) (59% overlap) and VanEck Australian Subordinated Debt ETF (SUBD) (55% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.
At 75%, owning both QPON and BSUB would mostly double up on the same investments rather than spread your money further.
How is Betashares Australian Bank Senior Floating Rate Bond ETF managed – active or passive?
Betashares Australian Bank Senior Floating Rate Bond 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 fixed income funds, active funds charge a median 0.43% a year and index funds 0.22%.
What will I pay in fees for QPON?
QPON charges a management fee of 0.22% a year, about $22 for every $10,000 invested. That is cheaper than 79% of the 471 ASX ETFs we track, where the median fee is 0.44%. Among Australian fixed income funds, the median is 0.24%.
It is the cheapest of the 6 banks 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 0.04% for QPON.
Does Betashares Australian Bank Senior Floating Rate Bond ETF follow a theme?
Yes. Betashares Australian Bank Senior Floating Rate Bond ETF focuses on banks. Thematic funds are narrower than the broad market, so they can rise or fall much more than it does.
Other ASX funds with a banks focus include Australian Major Bank Subordinated Debt ETF (BSUB), Betashares Australian Major Bank Hybrids Index ETF (BHYB), VanEck Australian Banks ETF (MVB) and Betashares Global Banks ETF - Currency Hedged (BNKS).
What is under the hood of QPON?
As at 2 Sept 2026, QPON's ten largest holdings are National Australia Bank Ltd Frn May-31 (10.2%), Westpac Banking Corp Frn Feb-31 (10.1%), Commonwealth Bank of Australia Frn Jan-31 (10.0%), Westpac Banking Corp Frn Oct-30 (9.6%), National Australia Bank Ltd Frn Mar-30 (9.5%), Commonwealth Bank of Australia Frn Jul-31 (9.2%), Australia & New Zealand Banking Group Ltd Frn Aug-31 (7.4%), Australia & New Zealand Banking Group Ltd Frn May-31 (6.7%), Macquarie Bank Ltd Frn Aug-31 (5.0%) and Norfina Ltd Frn Jun-31 (5.0%). Together they make up 82.8% of the fund.
It follows an index; the issuer's PDS sets out how that index chooses and weights its holdings.
How well has Betashares Australian Bank Senior Floating Rate Bond ETF performed?
Based on its category, Betashares Australian Bank Senior Floating Rate Bond ETF aims mainly to pay a regular income, with capital growth secondary.
To 23 Oct 2026, with distributions reinvested, it returned 4.8% over 1 year (median −0.1%; ranked 4 of 36), 5.4% a year over 3 years (median 4.5% a year; ranked 6 of 27) and 4.3% a year over 5 years (median 0.9% a year; ranked 3 of 22). The medians and rankings compare it with Australian fixed income funds. Since listing in 2017 it has returned 3.3% 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 QPON; 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 0.22% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.