VanEck Australian RMBS 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 $124 (0.25% a year), so RMBS is $30 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 — · 88 securities · top 10 = 28.9%
Country
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.4 | 0.2 | 0.2 | 0.3 | 0.4 | 0.5 | 0.3 | 0.5 | 0.6 | 0.2 | 3.6YTD | ||
| 2025 | 0.4 | 0.5 | 0.6 | 0.5 | 0.3 | 0.5 | 0.3 | 0.4 | 3.5 |
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.
RMBS questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is VanEck Australian RMBS ETF?
VanEck Australian RMBS ETF holds 88 securities.
Its country exposure is almost entirely Australia (100.0%).
Which ETFs does RMBS double up with most?
No other ASX fund shares more than 10% of its holdings with RMBS, and no fund's returns track it closely, so it offers a fairly distinct exposure.
How is VanEck Australian RMBS ETF managed – active or passive?
VanEck Australian RMBS 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 RMBS?
RMBS charges a management fee of 0.29% a year, about $29 for every $10,000 invested. That is cheaper than 69% 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 Betashares Australian Investment Grade Bond ETF (CRED) at 0.25%.
If you would rather have a manager choose the investments, active options such as Betashares Australian Hybrids Active ETF (HBRD) at 0.55% and Betashares Western Asset Australian Bond Active ETF (BNDS) at 0.42% 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 RMBS.
Does VanEck Australian RMBS ETF follow a theme?
No. VanEck Australian RMBS 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 RMBS?
The largest issuers among RMBS's holdings are Firstmac Mortgage Funding Trust No. 4 S (6.3% across 5 bonds), Firstmac Mortgage Funding Trust No.4 Se (3.2% across 2 bonds), Triton Bond Trust 2025-1 In Respect Of (3.1%), Idol 2023-1 Trust (2.9%), La Trobe Financial Capital Markets Trus (2.4% across 3 bonds), Puma Series 2026-1 (2.1%), Puma Series 2024-2 (2.0%), National Rmbs Trust 2026-1 (2.0%), Series 2026-1 Wst Trust (2.0%) and Triton Bond Trust 2026-1 In Respect Of (1.9%).
It follows an index; the issuer's PDS sets out how that index chooses and weights its holdings.
How well has VanEck Australian RMBS ETF performed?
Based on its category, VanEck Australian RMBS ETF aims mainly to pay a regular income, with capital growth secondary.
To 23 Oct 2026, with distributions reinvested, it returned 4.5% over 1 year (median −0.1%; ranked 9 of 36). The medians and rankings compare it with Australian fixed income funds. Since listing in 2025 it has returned 5.0% 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 RMBS; 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 0.29% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.