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GEARThematic & Sector

Betashares Geared Australian Equities Complex ETF

BetaShares · Geared exposure to S&P/ASX 200 · Since 2014

HOLDINGS: Q2 2026

Annual fee

0.74%

$74/yr per $10,000

Fund size

$552.9M

AUD

Dividend yield

1.8%

Annually · approx. as at Q2 2026

Holdings

200

companies

Plain-English Summary

GEAR uses internal gearing (borrowing within the fund) to magnify exposure to large Australian companies. Gearing amplifies both gains and losses, so this fund is materially more volatile than an ungeared Australian shares ETF. General information only, not financial advice.

Key characteristics

Based on publicly available fund data. General information only, not a recommendation to buy or sell.

Strengths

Magnified exposure to large Australian shares
Internally geared, no margin calls for the investor
Single-trade access to a geared strategy

Watch out for

Gearing amplifies losses as well as gains
Materially higher volatility than ungeared funds
Borrowing costs and a higher fee drag on returns

Top holdings

Holdings as at Q2 2026, may not reflect current composition
1Bhp Group Ltd
25.1%
2Commonwealth Bank Of Australia
22.9%
3Westpac Banking Corp
10.5%
4National Australia Bank Ltd
9.6%
5Anz Group Holdings Ltd
9.0%
6Macquarie Group Ltd
7.2%
7Wesfarmers Ltd
7.0%
8Rio Tinto Ltd
5.6%
9Goodman Group
5.3%
10Telstra Group Ltd
5.3%

Sector breakdown

Financials
73.8%
Materials
58.3%
Industrials
15.7%
Consumer Discretionary
14.1%
Real Estate
13.1%
Health Care
10.8%
Energy
10.3%
Communication Services
8.4%
Consumer Staples
7.6%
Information Technology
4.6%
Utilities
3.3%

Historical returns

Total return (AUD) · As at Q2 2026

Past performance is not indicative of future returns.

1 Year
+15.9%
3 Year p.a.
+13.3%
5 Year p.a.
+12.3%

Data as at Q2 2026. Past performance is not indicative of future returns. Figures are approximate total returns in AUD including distributions. Source: fund manager fact sheets.

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General information only, not financial advice. ETFLens does not hold an AFSL. Always read the relevant PDS and consider seeking advice from a licensed financial adviser.