BetaShares Geared US Equities ETF (GGUS) $49.00
The GGUS ETF, traded on the ASX, is a bullish ETF for leveraged exposure to the broad-based US stock market; the ETF is hedged, so local investors have no exposure to moves in the AUDUSD.
BetaShares Geared US Equities ETF (GGUS)
GGUS $59.92
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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)
- 59.92
- Change
- ▲ 2.50 (4.35)
- Bid / Ask
- 59.91 - 59.94
- Volume
- 25,569
- Turnover
- 1,531,915
- Open
- 59.67
- Day Range
- 59.67 - 60.00
- VWAP
- 59.91
- Prev Close
- 57.42
- Last Trade
- 10/11 11:19am
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
$298.9M
NOV 2026
Total cost ratio
2.28%
per year
Distributions
Annually
Since inception
11.2 yrs
AUG 2015
- Legal name
- Betashares Geared US Equities Currency Hedged Complex ETF
- Issuer
- BetaShares Capital Ltd
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Actively managed
- Morningstar category
- Equity World - Currency Hedged
- Category index
- Morningstar DM xAU LM NR Hdg AUD
- Benchmark
- S&P 500 TR AUD
- ETF net assets
- $298.9M
- Units on issue
- 7.1M
- Management fee
- 0.74% p.a.
- Domicile
- Australia
- Base currency
- AUD
- ISIN
- AU00000GGUS2
- Inception
- 17 AUG 2015
- Listed
- 18 AUG 2015
- Index provider
- Standard and Poors
Objective and strategy
The fund aims to provide geared exposure to the returns of the U.S. share market, hedged to Australian dollars. There is no assurance or guarantee that the returns of the fund will meet its investment objective.
Asset allocation · 30 SEP 2026
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 210.40%Non-US equity 0.98%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 211.38 | 211.38 | 0.00 |
| Bond | 0.00 | 0.00 | 0.00 |
| Cash | -111.38 | 0.32 | 111.71 |
| Other | 0.00 | 0.00 | 0.00 |
Sector exposure
Displays the share of the fund held in each sector, sourced from Morningstar.
Cyclical 23.19%Sensitive 61.34%Defensive 15.47%
- Technology
- 40.45%
- Financial Services
- 11.20%
- Communication Services
- 9.95%
- Healthcare
- 9.26%
- Consumer Cyclical
- 8.74%
- Industrials
- 7.54%
- Consumer Defensive
- 4.33%
- Energy
- 3.40%
- Utilities
- 1.88%
- Real Estate
- 1.70%
- Basic Materials
- 1.56%
Region exposure
Displays the share of the fund held in each region, sourced from Morningstar.
Developed markets 99.85%Emerging markets 0.15%
- North America
- 99.54%
- Europe Developed
- 0.28%
- Asia Emerging
- 0.09%
- Latin America
- 0.06%
- United Kingdom
- 0.03%
- Europe Emerging
- 0.00%
- Africa / Middle East
- 0.00%
- Japan
- 0.00%
- Australasia
- 0.00%
- Asia Developed
- 0.00%
Country exposure
Displays the twelve countries the fund holds most of, sourced from Morningstar.
- United States
- 99.54%
- Switzerland
- 0.25%
- China
- 0.09%
- Mexico
- 0.06%
- Ireland
- 0.04%
- United Kingdom
- 0.03%
Style box
Displays where the fund's shareholdings sit on Morningstar's style box: size (large, mid, small) down and investment style (value, blend, growth) across, sourced from Morningstar.
LargeMidSmallValueBlendGrowth
- Style
- Large Blend
- Average moat
- Wide
Size score
280
Small
Mid
Large
Value-growth score
140
Value
Blend
Growth
Economic moat
Wide 67%Narrow 24%None 9%
Market capitalisation
Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
- Giant
- 45.05%
- Large
- 34.16%
- Mid
- 19.53%
- Small
- 1.27%
- Micro
- 0.00%
Giant 45%Large 34%Mid 20%Small 1%
- Average market cap
- $779.97B
- Number of holdings
- 1
- Shares held
- 0
Portfolio statistics · 30 SEP 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Price / earnings
- 24.20
- Price / book
- 5.25
- Price / sales
- 3.64
- Price / cash flow
- 18.78
- Dividend yield
- 1.07%
- Assets in top 10
- 211.71%
- Return on equity
- 38.10%
- Net margin
- 27.49%
- Earnings growth (3 yr)
- 19.71%
Top holdings · top 10 = 100.00% 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 | |
|---|---|---|---|---|---|---|---|---|
| iShares Core S&P 500 ETF 0JFF | 211.71 | — | 951.6M | USD | 863,446 | — | United States | |
| Cash | -111.71 | — | -502.1M | — | — | — | — |
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
-1.3
3M
1.4
6M
6.1
YTD
25.3
1Y
26.3
3Y
45.1
5Y
10.2
10Y
20.6
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | -1.30 | -0.45 | -1.11 | 56 / 141 |
| 3 months | 1.45 | 3.80 | 2.02 | 10 / 141 |
| 6 months | 6.11 | 11.47 | 7.05 | 1 / 139 |
| Year to date | 25.35 | 26.15 | 26.80 | 5 / 136 |
| 1 year | 26.32 | 27.81 | 27.95 | 5 / 134 |
| 3 years p.a. | 45.12 | 47.31 | 46.52 | 1 / 109 |
| 5 years p.a. | 10.17 | 10.92 | 11.16 | 2 / 91 |
| 10 years p.a. | 20.57 | 20.79 | 21.60 | 1 / 63 |
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
2016
25.4
2017
42.9
2018
-19.0
2019
67.2
2020
18.9
2021
66.4
2022
-48.2
2023
53.6
2024
44.4
2025
19.6
| Year | Total % | Capital % | Rank in category |
|---|---|---|---|
| 2025 | 19.63 | 16.57 | 31 / 137 |
| 2024 | 44.41 | 45.13 | 1 / 131 |
| 2023 | 53.59 | 49.09 | 1 / 115 |
| 2022 | -48.20 | -50.40 | 100 / 111 |
| 2021 | 66.36 | 62.13 | 1 / 108 |
| 2020 | 18.87 | 18.21 | 9 / 104 |
| 2019 | 67.16 | 68.80 | 1 / 103 |
| 2018 | -19.01 | -20.26 | 100 / 91 |
| 2017 | 42.93 | 44.24 | 1 / 87 |
| 2016 | 25.42 | 22.05 | 1 / 88 |
Financial year returns
Displays the total return after fees for each financial year to 30 June, sourced from Morningstar.
FY17
36.8
FY18
24.5
FY19
13.0
FY20
-6.0
FY21
101.2
FY22
-32.8
FY23
31.0
FY24
43.5
FY25
11.3
FY26
40.4
| Financial year | Total % |
|---|---|
| Financial year to date | 1.15 |
| Year to 30 JUN 2026 | 40.42 |
| Year to 30 JUN 2025 | 11.27 |
| Year to 30 JUN 2024 | 43.51 |
| Year to 30 JUN 2023 | 30.97 |
| Year to 30 JUN 2022 | -32.83 |
| Year to 30 JUN 2021 | 101.16 |
| Year to 30 JUN 2020 | -5.98 |
| Year to 30 JUN 2019 | 12.96 |
| Year to 30 JUN 2018 | 24.53 |
| Year to 30 JUN 2017 | 36.80 |
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 | -5.74 | -8.99 | -5.01 | -2.76 |
| Beta | 2.56 | 2.68 | 2.64 | 2.56 |
| R-squared | 93.46 | 93.98 | 96.64 | 96.65 |
| Standard deviation | 39.59 | 35.32 | 43.51 | 43.12 |
| Sharpe ratio | 0.57 | 1.19 | 0.45 | 0.72 |
| Sortino ratio | 0.95 | 2.37 | 0.34 | 0.82 |
| Tracking error | 20.71 | 19.63 | 23.36 | 22.70 |
| Information ratio | 0.25 | 0.98 | 0.06 | 0.40 |
| Upside capture % | 169.75 | 214.23 | 227.73 | 233.40 |
| Downside capture % | 218.83 | 312.47 | 286.61 | 272.22 |
| Maximum drawdown % | -14.31 | -25.11 | -54.20 | -54.20 |
Measured against Morningstar DM xAU LM NR Hdg 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
159.6
Cash 0
Global shares 100
Morningstar Portfolio Risk Score at 30 SEP 2026.
- Tracking volatility
- 7.174
- Market impact cost %
- 0.265
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
- 2.28% p.a.
- Transaction costs
- 0.00% p.a.
- Total cost ratio
- 2.28% p.a.
- Total cost ratio (last FY)
- 0.80% p.a.
- Performance fee
- Not Disclosed
- PDS dated
- 3 APR 2025
Distributions
Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
- Latest distribution
- 0.8706
- Ex Date
- 1 JUL 2025
- Record Date
- 2 JUL 2025
- Pay Date
- 16 JUL 2025
- NAV at ex date
- 42.52
Distributions by year
Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.
2024
0.9
2021
1.2
2020
1.0
2018
0.0
2017
0.1
2016
0.1
2015
0.1
| Year | Per unit ($) |
|---|---|
| 2024 | 0.8706 |
| 2021 | 1.2429 |
| 2020 | 1.0254 |
| 2018 | 0.0254 |
| 2017 | 0.1201 |
| 2016 | 0.0992 |
| 2015 | 0.0985 |
Distribution history
Displays the most recent distributions by ex date, sourced from Morningstar.
| Ex Date | Per unit ($) |
|---|---|
| 1 JUL 2025 | 0.8706 |
| 1 JUL 2022 | 1.2429 |
| 1 JUL 2021 | 1.0254 |
| 1 JUL 2019 | 0.0254 |
| 2 JUL 2018 | 0.1201 |
| 3 JUL 2017 | 0.0992 |
| 1 JUL 2016 | 0.0985 |
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.
Average
ESG risk score
18.31
Negligible
Low
Medium
High
Severe
- Rank in category
- 44th percentile
- Environmental risk
- 5.14
- Social risk
- 8.30
- Governance risk
- 4.80
- Portfolio covered
- 98.8%
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
- 0.79%
- Low
- 70.84%
- Medium
- 24.74%
- High
- 2.98%
- Severe
- 0.65%
9.65% 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
6.68
Low
Medium
High
Severe
Category average 6.69
- Carbon risk
- Low Risk
- Rank in category
- 56th percentile of 87 funds
- Fossil fuel involvement
- 6.01%
- Category average
- 6.24%
- Low Carbon Designation
- Yes
- Portfolio covered
- 98.9%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Dane Brujic
- Thong Nguyen
- Don Hoang
- Luke Sheather
- Louis Crous
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
- 5
- Average tenure
- 9.6 years
- Longest tenure
- 11.3 years
- Longest serving
- Thong Nguyen, Don Hoang, Louis Crous · since 17 AUG 2015
- Most recent appointment
- Dane Brujic · since 1 NOV 2022
- Managed since
- 17 AUG 2015
- Other funds managed
- 57
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
No announcements stored for this company yet.
Opinion
BetaShares Geared US Equities ETF (GGUS) $41.96
The GGUS ETF, traded on the ASX, is a bullish ETF for leveraged exposure to the broad-based US stock market; the ETF is hedged, so local investors have no exposure to moves in the AUDUSD.
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