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BetaShares Australian Major Bank Subordinated Debt ETF (BSUB)

BSUB $25.53

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Today ▼ -0.08%
1 year return ▼ -0.39%
Volume 50,172
Div yield —
PE ratio —
52 week range
25.51 25.78

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Performance

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Share price activity

Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
Last (Price)
25.53
Change
▼ -0.02 (-0.08)
Bid / Ask
25.51 - 25.55
Volume
50,172
Turnover
1,280,859
Open
25.52
Day Range
25.51 - 25.54
VWAP
25.53
Prev Close
25.55
Last Trade
09/11 3:54pm

Fund profile

Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.

Fund size

$574.2M

NOV 2026

Total cost ratio

0.29%

per year

Distributions

Monthly

Since inception

2.5 yrs

MAY 2024

Legal name
Betashares Australian Major Bank Subordinated Debt ETF
Issuer
BetaShares Capital Ltd
Type
Exchange-Traded Fund
Structure
Open Ended Investment Company
Management style
Index fund
Morningstar category
Unconstrained Fixed Income
Category index
Bloomberg AusBond Composite 0+Y TR AUD
Benchmark
Solactive Aus Major Bank Sub FRN TR AUD
ETF net assets
$574.2M
Units on issue
32.4M
Management fee
0.29% p.a.
Domicile
Australia
Base currency
AUD
ISIN
AU0000330482
Inception
6 MAY 2024
Listed
8 MAY 2024

Objective and strategy

The investment objective of the Fund is to provide an investment return that aims to track the performance of the Solactive Australian Major Bank Subordinated FRN Index (the “Index”), before taking into account fees and expenses.

Asset allocation · 30 SEP 2026

Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.

US equity 0.00%Non-US equity 0.00%

Asset class Net % Long % Short %
Equity 0.00 0.00 —
Bond 100.00 100.00 —
Cash 0.00 0.00 —
Other 0.00 0.00 —

Top holdings · top 10 = 83.38% of assets

Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
Holding % Weight First bought Market value Currency Units held Sector Country
ANZ Group Holdings Ltd. 6.411% 10.03 — 85.6M AUD 82.9M — Australia
Australia & New Zealand Banking Group Ltd. 5.9826% 9.45 — 80.6M AUD 78.8M — Australia
Westpac Banking Corp. 5.7726% 9.29 — 79.3M AUD 78.9M — Australia
Commonwealth Bank of Australia 7.2048% 8.36 — 71.4M AUD 69.3M — Australia
National Australia Bank Ltd. 6.4548% 8.36 — 71.4M AUD 69.4M — Australia
Commonwealth Bank of Australia 6.3435% 8.27 — 70.6M AUD 69.2M — Australia
National Australia Bank Ltd. 5.8092% 8.21 — 70.1M AUD 69.4M — Australia
Westpac Banking Corp. 6.1293% 7.63 — 65.1M AUD 63.3M — Australia
Commonwealth Bank of Australia 5.893% 7.09 — 60.5M AUD 60.2M — Australia
ANZ Group Holdings Ltd. 6.857% 6.68 — 57.0M AUD 55.3M — Australia

Trailing returns · 31 OCT 2026

Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.

Fund (NAV) Market price

1M

1.4

3M

1.2

6M

0.3

YTD

9.9

1Y

12.7

Period Fund (NAV) % Market price % Before fees % Rank in category
1 month 1.44 1.42 1.46 —
3 months 1.18 1.10 1.26 —
6 months 0.27 0.17 0.42 —
Year to date 9.94 9.81 10.20 —
1 year 12.68 12.68 13.01 —

Returns to 31 OCT 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.

Calendar year returns

Displays the total return after fees and the capital (price) return for each calendar year, with the fund's rank in its Morningstar category, sourced from Morningstar.

Total Capital

2025

6.5

Year Total % Capital % Rank in category
2025 6.50 0.45 49 / 112

Financial year returns

Displays the total return after fees for each financial year to 30 June, sourced from Morningstar.

FY25

5.7

FY26

6.1

Financial year Total %
Financial year to date 1.49
Year to 30 JUN 2026 6.11
Year to 30 JUN 2025 5.69

Risk statistics · 31 OCT 2026

Displays how the fund has moved relative to its category index: alpha (return beyond the index), beta (sensitivity to it), R-squared (how much the index explains), volatility and risk-adjusted returns, sourced from Morningstar.
1 year 3 years 5 years 10 years
Alpha 0.87 — — —
Beta 0.06 — — —
R-squared 7.21 — — —
Standard deviation 10.71 — — —
Sharpe ratio 0.86 — — —
Sortino ratio 1.63 — — —
Tracking error 3.10 — — —
Information ratio 1.55 — — —
Upside capture % 60.33 — — —
Downside capture % -40.95 — — —

Measured against Bloomberg AusBond Composite 0+Y TR AUD with RBA Bank accepted Bills 90 Days as the risk-free rate, to 31 OCT 2026. Maximum drawdown is on gross returns at the latest quarter end.

Portfolio risk score

Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.

Risk score

2.4

Cash 0
Global shares 100

Morningstar Portfolio Risk Score at 30 SEP 2026.

Market impact cost %
0.015
Best quarter
2.41% · JUL 2025
Worst quarter
0.42% · APR 2025

Fees and costs

Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
Management fees and costs
0.29% p.a.
Transaction costs
0.00% p.a.
Total cost ratio
0.29% p.a.
Total cost ratio (last FY)
0.29% p.a.
PDS dated
17 APR 2026

Distributions

Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
Latest distribution
0.1218
Ex Date
2 NOV 2026
Record Date
3 NOV 2026
Pay Date
17 NOV 2026
NAV at ex date
25.52
Paid this year
1.1905

Distributions by year

Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.

2024

1.3

2023

0.7

Year Per unit ($)
2024 1.2717
2023 0.6870

Distribution history

Displays the most recent distributions by ex date, sourced from Morningstar.
Ex Date Per unit ($)
2 NOV 2026 0.1218
1 OCT 2026 0.1161
1 SEP 2026 0.1175
3 AUG 2026 0.1151
1 JUL 2026 0.1101
1 JUN 2026 0.0996
1 MAY 2026 0.1031
1 APR 2026 0.1097
2 MAR 2026 0.0916
2 FEB 2026 0.0982
2 JAN 2026 0.1077
1 DEC 2025 0.0883

Sustainability rating · 31 AUG 2026

Displays the Morningstar Sustainability Rating (1 to 5 globes, more is better) and the portfolio ESG risk score behind it (lower is less risk), against the average of the fund's global category, sourced from Morningstar and Sustainalytics.

Above Average

ESG risk score

17.29

Negligible Low Medium High Severe
Rank in category
34th percentile
Environmental risk
1.31
Social risk
9.58
Governance risk
6.40
Portfolio covered
90.7%

ESG risk of holdings

Displays the share of the covered portfolio held in companies with negligible, low, medium, high and severe ESG risk, sourced from Morningstar and Sustainalytics.
Negligible
0.00%
Low
71.28%
Medium
28.72%
High
0.00%
Severe
0.00%

0.00% of assets are in companies with high or severe controversies.

Carbon · 31 AUG 2026

Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.

Carbon risk score

6.89

Low Medium High Severe

Category average 7.98

Carbon risk
Low Risk
Rank in category
70th percentile of 18 funds
Fossil fuel involvement
0.00%
Category average
7.29%
Low Carbon Designation
Yes
Portfolio covered
90.7%

Tenure

Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
Number of managers
0
Other funds managed
0
Displays all company announcements released by the company to the exchange, sourced from Morningstar.

Announcements

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