Betashares’ 13 ASX-listed ETFs closed the 2026 financial year with sharply divergent results, from a $146.5 million profit at the Resources Sector ETF to a $139.7 million loss at Sustainability Leaders. Asset growth was substantial across several funds, while HBRD changed its name and mandate and the new High Yield ETF reached $95.2 million in net assets.
- Australia 200 ETF reached $10.032 billion in net assets
- Resources Sector ETF recorded a $146.5 million profit
- Sustainability Leaders ETF reported a $139.7 million loss
- HBRD moved from hybrids into broader credit income
- High Yield ETF ended its first year with $95.2 million in net assets
Asset growth masks sharply different fund outcomes
Betashares’ ETF portfolio ended the year with more capital but far less uniform performance than a headline asset tally might suggest. The Australia 200 ETF finished 30 June 2026 with $10.032 billion in net assets, up from $7.572 billion a year earlier, while the Australian Quality ETF more than doubled to $1.278 billion and the FTSE RAFI Australia 200 ETF climbed to $1.248 billion.
The gains were not simply a rising tide across the range. The Australian Resources Sector ETF reported a $146.5 million profit after a $10.7 million loss in 2025, while the Australian Sustainability Leaders ETF swung from a $196.0 million profit to a $139.7 million loss. Australian Momentum ETF also moved into the red, reporting a $13.0 million loss compared with a $7.6 million profit a year earlier.
Australia 200 remains the portfolio heavyweight
Australia 200 generated $514.2 million in profit for the year, down from $827.3 million in 2025, despite dividend and distribution income rising to $295.1 million from $223.9 million. Its closing net assets were supported by $2.627 billion of unit creations, against $402.1 million of redemptions, with $300.6 million distributed to unitholders.
Several smaller funds also expanded through net unit creations. Australian Quality recorded $718.2 million of creations against $12.2 million of redemptions, lifting net assets from $550.4 million to $1.278 billion. The FTSE RAFI Australia 200 ETF recorded $457.6 million of creations and ended with $1.248 billion, while the Australian Momentum ETF reached $225.9 million from $101.9 million despite its annual loss.
HBRD shifts from hybrids to broader credit income
The former Australian Hybrids Active ETF changed its name to the Australian Credit Income Active ETF, with a new performance benchmark and other fund features taking effect on 31 March 2026. Betashares said the changes were intended to reflect the gradual phasing out of Australian bank hybrids and give the fund access to a broader range of credit income opportunities, without materially changing its overall nature or risk profile.
HBRD reported $128.4 million in profit, broadly ahead of the $123.8 million recorded in 2025, and ended the year with $2.489 billion in net assets. Its portfolio included $1.906 billion of floating-rate notes, $335.2 million of fixed-interest securities and $187.9 million of preference shares. The fund also reported $63.8 million of sensitivity to a 100-basis-point interest-rate increase, based on the report’s stated assumptions.
New High Yield ETF establishes an initial base
The S&P Australian Shares High Yield ETF, which began trading on 1 August 2025, completed its first reporting period with $95.2 million in net assets and a $7.3 million profit. It recorded $90.4 million in creations, paid or accrued $2.6 million in distributions and held $94.8 million of financial assets at fair value at year-end.
KPMG issued unqualified audit opinions on all 13 funds. The report nevertheless records a material post-year-end movement in one portfolio: the net asset value per unit of the Australian Resources Sector ETF changed by 13.33% because of movements in the fair value of its investments. The report does not identify another significant post-balance-date event, leaving the fund’s commodity and equity exposure as the immediate variable to track in the next set of accounts.
Bottom Line?
The report shows strong capital gathering alongside uneven investment outcomes, with the next test being whether the enlarged funds can convert asset growth into more consistent results.
Questions in the middle?
- Can the Resources Sector ETF sustain its sharp rebound after the reported 13.33% post-year-end NAV movement?
- How will HBRD’s broader credit mandate alter its income profile as bank hybrids continue to phase out?
- Will the large inflows into Australia 200, Quality and FTSE RAFI translate into stronger realised results if market conditions change?