Russell Investments Australian Government 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 $126 (0.25% a year), so RGB is $7 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
The issuer does not publish machine-readable holdings for this fund, so exposures and holdings overlap are not available. Return correlations still are.
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.1 | 1.2 | −2.0 | −0.3 | 2.2 | 1.1 | −0.8 | −0.7 | −1.9 | 2.2 | 1.1YTD | ||
| 2025 | −0.5 | 1.2 | 0.4 | 1.8 | −0.3 | 0.9 | −0.6 | 0.6 | −0.1 | 0.4 | −1.3 | −1.2 | 1.3 |
| 2024 | −0.2 | −0.3 | 1.6 | −2.7 | 0.2 | 0.7 | 2.0 | 1.4 | 0.2 | −3.4 | 1.6 | 1.1 | 2.2 |
| 2023 | 3.9 | −2.2 | 4.2 | −0.3 | −1.2 | −2.8 | 0.4 | 0.4 | −2.6 | −2.6 | 4.2 | 3.5 | 4.5 |
| 2022 | −1.7 | −1.7 | −4.3 | −2.6 | −1.0 | −2.4 | 5.5 | −3.6 | −2.4 | 1.9 | 1.9 | −3.1 | −13.1 |
| 2021 | −0.8 | −4.0 | 0.3 | 0.7 | 0.4 | 0.5 | 2.7 | 0.3 | −1.9 | −4.4 | 2.1 | 0.4 | −3.7 |
| 2020 | 3.0 | 1.0 | 0.3 | −0.1 | 0.3 | 0.2 | 0.3 | −0.8 | 1.2 | 0.2 | −0.1 | −0.1 | 5.6 |
| 2019 | 0.3 | 1.5 | 2.4 | 0.0 | 2.2 | 1.2 | 0.8 | 2.2 | −0.4 | −1.1 | 1.0 | −2.4 | 8.0 |
| 2018 | −1.8 | 0.6 | 1.1 | −1.4 | 1.8 | 0.4 | −0.2 | 0.6 | 0.0 | 0.4 | 0.5 | 2.5 | 4.6 |
| 2017 | 0.7 | −0.1 | 1.2 | 0.2 | 1.4 | −0.9 | −0.4 | 0.2 | −0.7 | 1.3 | 1.1 | 0.1 | 4.0 |
| 2016 | 1.0 | 1.5 | −0.0 | −0.4 | 2.0 | 1.7 | 1.0 | 0.1 | −0.2 | −2.4 | −1.9 | −0.1 | 2.2 |
| 2015 | 2.2 | 0.7 | 0.9 | −1.7 | −0.4 | −1.3 | 2.0 | 0.6 | 0.1 | 0.6 | −1.6 | 1.1 | 3.1 |
| 2014 | 1.0 | 0.2 | 0.1 | 0.8 | 2.0 | 1.0 | 0.8 | 1.0 | 0.2 | 0.9 | 1.7 | 1.8 | 12.0 |
| 2013 | −1.4 | 2.0 | −0.3 | 1.6 | −1.3 | −2.2 | 0.9 | −0.8 | 1.4 | −1.2 | −0.7 | 1.1 | −1.2 |
| 2012 | 2.2 | 5.6 | −2.6 | 0.2 | 0.0 | 1.0 | −1.5 | −0.1 | −1.0 | 3.6 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
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.
RGB questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Russell Investments Australian Government Bond ETF?
The issuer of Russell Investments Australian Government Bond ETF doesn't publish its holdings in a form we can read, so we can't measure how diversified it is. It is classed as fixed income with a Australia focus; the product disclosure statement (PDS) and the issuer's fact sheet list what it owns.
Which ETFs does RGB double up with most?
We can't compare holdings for RGB, as the issuer doesn't publish them in a form we can read, but its returns move most closely with Betashares Australian Government Bond ETF (AGVT) (correlation 0.90), Vanguard Australian Government Bond Index ETF (VGB) (correlation 0.90) and iShares Treasury ETF (IGB) (correlation 0.90). A correlation near 1 means the two funds tend to rise and fall together, so holding both adds little diversification.
How is Russell Investments Australian Government Bond ETF managed – active or passive?
Russell Investments Australian Government 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 RGB?
RGB charges a management fee of 0.24% a year, about $24 for every $10,000 invested. That is cheaper than 78% of the 471 ASX ETFs we track, where the median fee is 0.44%. Among Australian fixed income funds, the median is 0.23%.
Lower-cost funds with a similar focus include Vanguard Australian Fixed Interest Index ETF (VAF) at 0.10%, iShares Core Composite Bond ETF (IAF) at 0.10% and iShares Government Inflation ETF (ILB) at 0.18%.
If you would rather have a manager choose the investments, active options such as Betashares Australian Hybrids Active ETF (HBRD) at 0.55% and Macquarie Subordinated Debt Active ETF (MQSD) at 0.29% 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 0.13% for RGB.
Does Russell Investments Australian Government Bond ETF follow a theme?
No. Russell Investments Australian Government Bond ETF is a broad fixed income fund: it aims to cover a wide slice of its market (Australia) rather than one theme or sector.
What is under the hood of RGB?
The issuer doesn't publish RGB's holdings in a form we can read. Its website and fact sheet list the full portfolio.
It follows an index; the issuer's PDS sets out how that index chooses and weights its holdings.
How well has Russell Investments Australian Government Bond ETF performed?
Based on its category, Russell Investments Australian Government Bond ETF aims mainly to pay a regular income, with capital growth secondary.
To 23 Oct 2026, with distributions reinvested, it returned −2.9% over 1 year (median 0.4%; ranked 34 of 36), 3.7% a year over 3 years (median 4.5% a year; ranked 24 of 27) and −0.9% a year over 5 years (median 1.4% a year; ranked 22 of 22). The medians and rankings compare it with Australian fixed income funds. Since listing in 2012 it has returned 2.2% 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 RGB; 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 0.24% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.