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)
4.84
Change
▼ -0.07 (-1.43)
Bid / Ask
4.75 - 5.38
Volume
13,220
Turnover
64,089
Open
4.86
Day Range
4.84 - 4.86
VWAP
4.85
Prev Close
4.91
Last Trade
13/11 3:35pm
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.
The Fund seeks to achieve its objective by tracking the performance of the S&P/ASX Small Ordinaries Total Return Index.
Asset allocation · 30 SEP 2026
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 3.15%Non-US equity 96.26%
Asset class
Net %
Long %
Short %
Equity
99.41
99.41
—
Bond
0.00
0.00
—
Cash
0.18
0.18
—
Other
0.41
0.41
—
Sector exposure
Displays the share of the fund held in each sector, sourced from Morningstar.
Cyclical 55.46%Sensitive 35.01%Defensive 9.53%
Basic Materials
26.12%
Industrials
17.32%
Consumer Cyclical
10.08%
Real Estate
9.88%
Financial Services
9.38%
Technology
7.49%
Energy
5.19%
Communication Services
5.02%
Healthcare
4.83%
Consumer Defensive
4.69%
Utilities
0.00%
Region exposure
Displays the share of the fund held in each region, sourced from Morningstar.
Developed markets 100.00%Emerging markets 0.00%
Australasia
94.10%
North America
5.90%
Latin America
0.00%
United Kingdom
0.00%
Europe Developed
0.00%
Europe Emerging
0.00%
Africa / Middle East
0.00%
Japan
0.00%
Asia Developed
0.00%
Asia Emerging
0.00%
Country exposure
Displays the twelve countries the fund holds most of, sourced from Morningstar.
Australia
90.70%
New Zealand
3.40%
United States
3.17%
Canada
2.74%
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
Small Blend
Average moat
Minimal
Size score
93
SmallMidLarge
Value-growth score
175
ValueBlendGrowth
Economic moat
None 78%Narrow 17%Wide 4%
Market capitalisation
Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
Giant
0.00%
Large
0.00%
Mid
46.66%
Small
50.20%
Micro
3.14%
Mid 47%Small 50%Micro 3%
Average market cap
$2.34B
Number of holdings
210
Shares held
201
Portfolio statistics · 11 NOV 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
Price / earnings
16.40
Price / book
1.78
Price / sales
1.25
Price / cash flow
8.79
Dividend yield
2.79%
Assets in top 10
15.07%
Return on equity
14.32%
Net margin
13.86%
Earnings growth (3 yr)
9.76%
Top holdings · top 10 = 14.62% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
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
-5.4
3M
-3.8
6M
-9.9
YTD
-10.7
1Y
-8.7
3Y
12.9
5Y
-1.3
10Y
4.4
Period
Fund (NAV) %
Market price %
Before fees %
Rank in category
1 month
-5.37
-5.51
-5.33
53 / 129
3 months
-3.84
-4.12
-3.71
65 / 129
6 months
-9.86
-10.30
-9.61
78 / 125
Year to date
-10.69
-10.45
-10.28
75 / 125
1 year
-8.68
-8.62
-8.18
60 / 125
3 years p.a.
12.89
12.76
13.51
57 / 111
5 years p.a.
-1.33
-1.36
-0.79
75 / 98
10 years p.a.
4.44
4.40
5.02
86 / 61
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.
TotalCapital
2016
14.6
2017
17.5
2018
-8.5
2019
19.1
2020
9.2
2021
16.5
2022
-19.4
2023
10.0
2024
6.7
2025
25.7
Year
Total %
Capital %
Rank in category
2025
25.67
22.22
40 / 140
2024
6.67
5.26
81 / 139
2023
10.01
3.94
73 / 121
2022
-19.41
-24.23
50 / 115
2021
16.49
8.90
68 / 113
2020
9.21
5.93
86 / 100
2019
19.11
12.21
71 / 92
2018
-8.55
-11.03
61 / 86
2017
17.49
16.84
40 / 79
2016
14.61
11.34
25 / 81
2015
11.41
6.25
72 / 66
Financial year returns
Displays the total return after fees for each financial year to 30 June, sourced from Morningstar.
FY17
6.8
FY18
23.3
FY19
1.4
FY20
-6.1
FY21
32.4
FY22
-20.1
FY23
8.8
FY24
8.0
FY25
11.4
FY26
7.7
Financial year
Total %
Financial year to date
-7.73
Year to 30 JUN 2026
7.72
Year to 30 JUN 2025
11.43
Year to 30 JUN 2024
8.03
Year to 30 JUN 2023
8.82
Year to 30 JUN 2022
-20.11
Year to 30 JUN 2021
32.45
Year to 30 JUN 2020
-6.11
Year to 30 JUN 2019
1.38
Year to 30 JUN 2018
23.31
Year to 30 JUN 2017
6.79
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
-0.54
-0.97
-0.71
-0.61
Beta
1.01
1.00
0.99
1.00
R-squared
99.65
99.81
99.85
99.91
Standard deviation
23.53
19.85
23.60
23.24
Sharpe ratio
-1.17
0.43
-0.07
0.30
Sortino ratio
-1.27
0.48
-0.28
0.24
Tracking error
0.94
0.62
0.66
0.51
Information ratio
-0.75
-1.73
-1.00
-1.26
Upside capture %
101.63
98.58
98.44
98.28
Downside capture %
103.27
103.81
101.36
101.06
Maximum drawdown %
-13.87
-13.87
-23.85
-29.17
Measured against S&P/ASX Small Ordinaries 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
104.6
Cash 0
Global shares 100
Morningstar Portfolio Risk Score at 30 SEP 2026.
Tracking volatility
1.016
Est. holding cost %
0.778
Market impact cost %
0.163
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
0.55% p.a.
Performance fee costs
0.00% p.a.
Transaction costs
0.04% p.a.
Total cost ratio
0.55% p.a.
Total cost ratio (last FY)
0.55% p.a.
Buy / sell spread
0.00% / 0.00%
Performance fee
Not Disclosed
PDS dated
24 SEP 2026
Distributions
Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
Latest distribution
0.1707
Ex Date
1 JUL 2026
Record Date
2 JUL 2026
Pay Date
13 JUL 2026
NAV at ex date
5.08
Paid this year
0.2186
Distributions by year
Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.
2024
0.1
2023
0.1
2022
0.1
2021
0.4
2020
0.4
2019
0.1
2018
0.4
2017
0.1
2016
0.1
2015
0.0
Year
Per unit ($)
2024
0.1097
2023
0.0872
2022
0.1235
2021
0.3516
2020
0.3942
2019
0.1336
2018
0.3656
2017
0.0969
2016
0.1062
2015
0.0467
Distribution history
Displays the most recent distributions by ex date, sourced from Morningstar.
Ex Date
Per unit ($)
1 JUL 2026
0.1707
7 JAN 2026
0.0478
1 JUL 2025
0.0575
7 JAN 2025
0.0523
1 JUL 2024
0.0354
8 JAN 2024
0.0518
3 JUL 2023
0.0615
6 JAN 2023
0.0620
1 JUL 2022
0.3023
6 JAN 2022
0.0493
1 JUL 2021
0.3474
6 JAN 2021
0.0469
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.
Low
ESG risk score
26.74
NegligibleLowMediumHighSevere
Rank in category
94th percentile
Environmental risk
5.77
Social risk
5.65
Governance risk
3.33
Portfolio covered
88.7%
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
0.90%
Low
33.76%
Medium
29.08%
High
19.57%
Severe
16.68%
0.00% of assets are in companies with high or severe controversies.
Carbon · 30 SEP 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
15.32
LowMediumHighSevere
Carbon risk
Medium Risk
Rank in category
84th percentile
Fossil fuel involvement
6.00%
Category average
5.77%
Low Carbon Designation
No
Portfolio covered
82.3%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
NDNot Disclosed
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
1
Longest serving
Not Disclosed · since 6 DEC 2010
Most recent appointment
Not Disclosed · since 6 DEC 2010
Managed since
6 DEC 2010
Other funds managed
0
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
The ASX200 regularly has a clearing of the decks for a number of reasons, from takeovers to deep underperformance leading to a business losing its status as a top-quality large-cap business, and vice versa. Last September, we saw the exit of stocks such as Zip (ZIP) and City Chic (CCX), which had both endured their stock plunging from +$14 and +$6, respectively, to around 30c, by definition crushing their market cap in the process – two of the main criteria of eligibility to be in the ASX200 are market cap and liquidity.
The small end of town is by definition where volatility can be at its highest, in both directions, and the excellent returns that Harry and the team have captured in our Emerging Companies Portfolio illustrates the point perfectly.
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