20 minute delayed
Join Market Matters and get full access to all our Opinion + Action
Fund size
$299.8M
OCT 2026
Total cost ratio
0.34%
per year
Distributions
Semi-Annually
Since inception
15.9 yrs
DEC 2010
The investment objective of the BetaShares Australian Resources Sector ETF is to provide an investment return that tracks the performance of the Solactive Australia Resources Sector Index (the “Index”), before taking into account fees and expenses.
US equity 2.20%Non-US equity 97.80%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 100.00 | 100.00 | — |
| Bond | 0.00 | 0.00 | — |
| Cash | 0.00 | 0.00 | — |
| Other | 0.00 | 0.00 | — |
Cyclical 82.70%Sensitive 14.92%Defensive 2.38%
Developed markets 100.00%Emerging markets 0.00%
Size score
289
Value-growth score
95
Economic moat
None 95%Narrow 5%Wide 0%
Giant 48%Large 32%Mid 18%Small 2%Micro 0%
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| BHP Group Ltd BHP | 40.45 | JUL 2011 | 195.5M | AUD | 3.0M | Basic Materials | Australia | |
| Rio Tinto Ltd RIO | 7.41 | DEC 2010 | 35.8M | AUD | 204,944 | Basic Materials | Australia | |
| Woodside Energy Group Ltd WDS | 7.39 | DEC 2010 | 35.7M | AUD | 1.1M | Energy | Australia | |
| Northern Star Resources Ltd NST | 3.88 | JUL 2015 | 18.8M | AUD | 800,246 | Basic Materials | Australia | |
| Evolution Mining Ltd EVN | 3.60 | JUL 2015 | 17.4M | AUD | 1.2M | Basic Materials | Australia | |
| Fortescue Ltd FMG | 3.36 | DEC 2010 | 16.2M | AUD | 916,481 | Basic Materials | Australia | |
| Santos Ltd STO | 3.18 | SEP 2011 | 15.3M | AUD | 1.9M | Energy | Australia | |
| South32 Ltd S32 | 2.77 | JUN 2015 | 13.4M | AUD | 2.6M | Basic Materials | Australia | |
| Origin Energy Ltd ORG | 2.38 | JUN 2025 | 11.5M | AUD | 991,561 | Utilities | Australia | |
| PLS Group Ltd PLS | 2.02 | DEC 2020 | 9.8M | AUD | 1.8M | Basic Materials | Australia |
Fund (NAV) Market price
1M
-8.0
3M
7.3
6M
10.3
YTD
24.4
1Y
38.6
3Y
16.6
5Y
14.5
10Y
13.6
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | -8.04 | -7.42 | -8.01 | — |
| 3 months | 7.27 | 7.40 | 7.36 | — |
| 6 months | 10.29 | 10.45 | 10.47 | — |
| Year to date | 24.37 | 24.99 | 24.69 | — |
| 1 year | 38.60 | 38.84 | 39.07 | — |
| 3 years p.a. | 16.58 | 16.73 | 16.97 | — |
| 5 years p.a. | 14.53 | 14.67 | 14.92 | — |
| 10 years p.a. | 13.56 | 13.62 | 13.96 | — |
Returns to 30 SEP 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.
Total Capital
2016
44.1
2017
23.5
2018
3.4
2019
23.6
2020
9.3
2021
10.6
2022
20.6
2023
15.4
2024
-15.5
2025
35.5
| Year | Total % | Capital % | Rank in category |
|---|---|---|---|
| 2025 | 35.48 | 31.04 | — |
| 2024 | -15.47 | -18.48 | — |
| 2023 | 15.43 | 6.05 | — |
| 2022 | 20.61 | 6.98 | — |
| 2021 | 10.62 | 6.86 | — |
| 2020 | 9.35 | 6.63 | — |
| 2019 | 23.62 | 17.10 | — |
| 2018 | 3.40 | 1.48 | — |
| 2017 | 23.46 | 23.74 | — |
| 2016 | 44.14 | 37.20 | — |
| 2015 | -24.20 | -29.53 | — |
FY17
22.2
FY18
40.1
FY19
15.5
FY20
-8.1
FY21
31.6
FY22
3.0
FY23
22.6
FY24
-3.4
FY25
-4.1
FY26
48.5
| Financial year | Total % |
|---|---|
| Financial year to date | 6.82 |
| Year to 30 JUN 2026 | 48.53 |
| Year to 30 JUN 2025 | -4.11 |
| Year to 30 JUN 2024 | -3.40 |
| Year to 30 JUN 2023 | 22.62 |
| Year to 30 JUN 2022 | 3.01 |
| Year to 30 JUN 2021 | 31.57 |
| Year to 30 JUN 2020 | -8.10 |
| Year to 30 JUN 2019 | 15.51 |
| Year to 30 JUN 2018 | 40.14 |
| Year to 30 JUN 2017 | 22.22 |
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Alpha | 28.63 | 4.75 | 8.95 | 6.78 |
| Beta | 1.53 | 0.87 | 0.89 | 0.96 |
| R-squared | 46.61 | 23.51 | 33.00 | 42.19 |
| Standard deviation | 31.61 | 25.56 | 26.39 | 26.11 |
| Sharpe ratio | 1.23 | 0.61 | 0.73 | 0.74 |
| Sortino ratio | 2.17 | 0.86 | 1.12 | 1.04 |
| Tracking error | 17.58 | 16.72 | 15.62 | 14.79 |
| Information ratio | 1.75 | 0.14 | 0.49 | 0.38 |
| Upside capture % | 269.27 | 91.15 | 104.58 | 103.71 |
| Downside capture % | 100.17 | 63.62 | 58.08 | 68.41 |
| Maximum drawdown % | -7.82 | -14.85 | -14.85 | -28.00 |
Measured against S&P/ASX 200 TR AUD with RBA Bank accepted Bills 90 Days as the risk-free rate, to 30 SEP 2026. Maximum drawdown is on gross returns at the latest quarter end.
Risk score
127.5
Morningstar Portfolio Risk Score at 30 SEP 2026.
2024
0.2
2023
0.3
2022
0.5
2021
1.1
2020
0.3
2019
0.1
2018
0.4
2017
0.1
2016
0.1
2015
0.1
| Year | Per unit ($) |
|---|---|
| 2024 | 0.2172 |
| 2023 | 0.2819 |
| 2022 | 0.4643 |
| 2021 | 1.1413 |
| 2020 | 0.2549 |
| 2019 | 0.1394 |
| 2018 | 0.4408 |
| 2017 | 0.0724 |
| 2016 | 0.0738 |
| 2015 | 0.1436 |
| Ex Date | Per unit ($) |
|---|---|
| 1 JUL 2026 | 0.1195 |
| 2 JAN 2026 | 0.1065 |
| 1 JUL 2025 | 0.1018 |
| 2 JAN 2025 | 0.1154 |
| 1 JUL 2024 | 0.1287 |
| 2 JAN 2024 | 0.1532 |
| 3 JUL 2023 | 0.2114 |
| 3 JAN 2023 | 0.2528 |
| 1 JUL 2022 | 0.8556 |
| 4 JAN 2022 | 0.2857 |
| 1 JUL 2021 | 0.1302 |
| 4 JAN 2021 | 0.1247 |
Low
ESG risk score
30.45
Category average 22.16
47.87% of assets are in companies with high or severe controversies.
Carbon risk score
21.10
Category average 11.57
Announcements
| DATE | TIME | HEADING | PAGES |
| Price sensitive |
The QRE ETF has corrected by 15% over the past few weeks from its June high, and we would say it’s now in an optimal accumulation phase for investors who don’t want to run the gauntlet of earnings misses, operational issues, etc. However, with the ETF holding ~15% in energy and utilities stocks, we still think picking individual stocks is a better way to go for the moves that we’re targeting.
The QRE holds all of the “hot” stocks of the last six months, from gold to copper and large diversified names, hence its stellar performance this FY. However, at this stage of the cycle, we believe some consolidation is likely following the 70% almost uninterrupted rally from its April low.
This QRE is made up of all the likely names, although ~11% is oil & gas, but this hasn’t managed to rein in the ETF's stellar performance since April 2024, helped by gold and copper stocks exerting an increasing influence as they surge ever higher. At this stage of the cycle, we see no reason to fight the trend, believing the ETF can add to its +70% advance, but if we are correct around gold, for example, some consolidation is likely in this FY.
The QRE is made up of the likely resource names, along with ~12% in oil & gas but this hasn’t managed to rein in the ETF's stellar performance since April, with gold and copper stocks exerting an increasing influence as they surge ever higher. At this stage of the cycle, we see no reason to fight the trend, believing the ETF can add to its +53% advance, but if we are correct around gold, for example, some consolidation is likely into early 2026.
There are currently two bullish open trade ideas: Long the Global X Battery Tech & Lithium ETF (ACDC) at $91.25 with stops at $89.85. Long the QRE ETF at $6.70 with stops at $6.70.
Following on from recent reports we are looking for the resources sector to add to last week's glimmer of performance catch-up. In line with the weak S&P 500 futures opening this morning, we are looking to buy into an early morning minor pullback.
The QRE ETF aims to track the ASX200’s Resources index. Of forty-seven stocks held, the largest five holdings are BHP 35.5%, WDS 9.1%, RIO 8.1%, NST 5.4%, and FMG 5.1% and with plenty of smaller positions in the mix, but notably around half are in iron ore facing stocks. From a sector perspective, its main positions are 71% in mining and 16% in oil & gas.
The Materials Index closed up +0.96% on Thursday, it has remained subdued primarily on China's economic worries, but with iron ore forging above $US120/mt, we remain increasingly bullish towards the world's 2nd largest economy and, by definition, the Australian miners – nothing new there.
The ASX200 again recovered from early weakness to close up +0.2% although we still saw more stocks decline led by the Energy Sector although the market appears to have got this one wrong following crude oils pop over $US91/barrel last night. This morning may see many short-term players hang on the sidelines ahead of this month's important inflation data out of the US.
MM is bullish toward the materials sector ~21,000
MM is cautiously bullish on the QRE ETF through 2025
MM is bullish towards the QRE ETF around $10.70
MM is bullish towards the QRE ETF around $10.30
MM is bullish towards the materials sector ~20,000
MM is bullish towards the ASX200 Materials Index ~20,000 area
MM is bullish towards the materials sector ~21,000
MM is neutral towards the QRE ETF around $9.40 in the short term
MM is bullish towards the QRE ETF at $9.90
MM is bullish towards the QRE ETF into 2026
Forgot password? Request a One Time Password or reset your password
One Time Password
Check your email for an email from [email protected]
Subject: Your OTP for Account Access
This email will have a code you can use as your One Time Password for instant access
A link to create a new password will be sent to the email address you have registered to your account.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
Our Smart Phone App will give you access to much of our content and notifications. Download for free today.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
JOIN NOW
Something went wrong. Please try again in a moment.
