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 currency funds would cost $714 (1.43% a year), so USD is $477 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 · 2 securities · top 10 = —
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −4.0 | −1.5 | 4.3 | −3.6 | −0.4 | 4.4 | −1.8 | −1.8 | 3.0 | −0.3 | −2.0YTD | ||
| 2025 | 0.1 | 0.8 | −0.8 | −1.8 | 0.1 | −1.5 | 1.7 | −0.7 | −0.7 | 1.1 | 0.7 | −2.3 | −3.4 |
| 2024 | 4.6 | 1.2 | 0.1 | 0.5 | −1.0 | 0.5 | 2.7 | −4.4 | −1.3 | 5.7 | 1.2 | 5.0 | 15.2 |
| 2023 | −3.7 | 5.1 | 0.4 | 2.0 | 2.3 | −1.8 | −0.2 | 3.3 | 0.8 | 2.2 | −4.2 | −2.4 | 3.4 |
| 2022 | 3.3 | −2.3 | −4.0 | 4.5 | −0.5 | 4.6 | −1.7 | 2.3 | 5.8 | 1.4 | −3.9 | −0.7 | 8.3 |
| 2021 | 0.6 | −2.5 | 3.0 | −2.4 | 0.7 | 2.7 | 2.0 | 0.5 | 1.7 | −4.5 | 5.7 | −1.6 | 5.8 |
| 2020 | 4.4 | 3.0 | 5.7 | −6.0 | −1.4 | −3.0 | −4.9 | −1.9 | 3.5 | 0.8 | −4.6 | −4.0 | −8.9 |
| 2019 | −2.5 | 1.7 | 1.2 | 0.9 | 2.0 | −1.3 | 1.7 | 2.9 | −0.3 | −2.4 | 2.3 | −3.1 | 2.8 |
| 2018 | −3.3 | 3.6 | 1.8 | 1.3 | 0.2 | 2.5 | −0.6 | 2.5 | 0.7 | 2.0 | −3.1 | 3.7 | 11.6 |
| 2017 | −4.3 | −1.6 | 0.5 | 2.3 | 0.4 | −3.1 | −3.7 | 1.1 | 0.8 | 2.1 | 1.1 | −2.7 | −7.2 |
| 2016 | 2.7 | −0.4 | −6.9 | 0.1 | 5.5 | −2.4 | −1.4 | 0.2 | −1.5 | 0.1 | 1.9 | 3.2 | 0.5 |
| 2015 | 5.3 | −0.2 | 2.2 | −4.3 | 3.9 | −0.3 | 5.2 | 1.9 | 2.2 | −1.3 | −1.4 | −1.4 | 12.0 |
| 2014 | 1.8 | −1.9 | −3.7 | 0.0 | −0.7 | −1.1 | 1.1 | −0.3 | 6.7 | −0.9 | 3.9 | 3.4 | 8.3 |
| 2013 | 0.1 | 1.0 | −1.6 | 0.7 | 7.2 | 4.2 | 2.6 | 0.8 | −3.9 | −1.9 | 4.4 | 1.6 | 15.9 |
| 2012 | −4.5 | −1.7 | 3.9 | −0.5 | 7.4 | −4.3 | −3.4 | 2.3 | −1.7 | 0.3 | −0.3 | 0.2 | −2.9 |
| 2011 | −1.7 | −1.6 | −5.4 | 1.5 | −0.4 | −1.9 | 2.5 | 9.3 | −7.2 | 4.9 | −1.2 | −2.2 |
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.
USD questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Betashares U.S Dollar ETF?
Betashares U.S Dollar ETF holds 2 securities.
Which ETFs does USD double up with most?
No other ASX fund shares more than 10% of its holdings with USD, but its returns move most closely with VanEck 1-3 Month US Treasury Bond ETF (TBIL) (correlation 0.88) and Betashares Strong Us Dollar Complex ETF (YANK) (correlation 0.82). A correlation near 1 means the two funds tend to rise and fall together, so holding both adds little diversification.
How is Betashares U.S Dollar ETF managed – active or passive?
Betashares U.S Dollar ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.
What will I pay in fees for USD?
USD charges a management fee of 0.45% a year, about $45 for every $10,000 invested. Only 46% of the 471 ASX ETFs we track charge more, and the median fee is 0.44%. Among currency funds, the median is 1.38%.
It is the cheapest of the 2 broad currency 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 0.12% for USD.
Does Betashares U.S Dollar ETF follow a theme?
No. Betashares U.S Dollar ETF gives straightforward exposure to a foreign currency's exchange rate rather than following a theme.
What is under the hood of USD?
The issuer doesn't publish USD'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 Betashares U.S Dollar ETF performed?
Based on its category, Betashares U.S Dollar ETF aims to give exposure to a foreign currency's exchange rate.
To 23 Oct 2026, with distributions reinvested, it returned −4.6% over 1 year, 0.5% a year over 3 years and 4.7% a year over 5 years. The medians and rankings compare it with currency funds. Since listing in 2011 it has returned 3.4% 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 USD; 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 0.45% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.