Betashares Managed Risk Australian Shares ETF (AUST) Review & Analysis

MER · #282 of 514AUM · #390 of 5081Y Return · #279 of 4263Y Return · #202 of 3005Y Return · #152 of 225

What's new this monthData to 30 September 2026

−2.3% in September (total return), in line with the median Australian shares ETF at −2.1%.
The unit price closed the month at $17.79, 5% below its 12-month high (range $17.25 to $18.72).

About AUST

AUST is an Australian shares ETF from Betashares, listed on the ASX since November 2015. With $27m under management it is number 65 of 81 Australian shares ETFs by size. The management fee is 0.49% a year, about $49 on every $10,000 invested, dearer than the typical Australian shares ETF at 0.35%.

Over five years it has returned +3.7% a year including distributions, against +5.9% for the median Australian shares ETF.

AUST distributions and dividend dates

The latest distribution was $0.2454 per unit (86% franked), ex-distribution on 1 July 2026 and paid on 16 July 2026. To receive it you need to own AUST before the ex-date.

From ASX announcements, updated nightly. See every ETF in the dividend calendar.

Compare AUST Check overlap Betashares website ↗

Compare AUST with

AUSTvsAMVE

AB Managed Volatility Equities Fund - MVE Class - Active ETF

Fee	0.49%	0.55%
1 year	+0.5%	+1.8%
5 yrs p.a.	+3.7%	+3.9%
Size	$27m	$768m

Same holdingsNo holdings data

Full comparison →

AUSTvsVAS

Vanguard Australian Shares Index ETF

Fee	0.49%	0.07%
1 year	+0.5%	+2.2%
5 yrs p.a.	+3.7%	+6.5%
Size	$27m	$26.7bn

Same holdingsNo holdings data

Full comparison →

AUSTvsA200

Betashares Australia 200 ETF

Fee	0.49%	0.04%
1 year	+0.5%	+2.9%
5 yrs p.a.	+3.7%	+6.9%
Size	$27m	$11.1bn

Same holdingsNo holdings data

Full comparison →

AUSTvsIOZ

iShares Core S&P/ASX 200 ETF

Fee	0.49%	0.05%
1 year	+0.5%	+2.6%
5 yrs p.a.	+3.7%	+6.8%
Size	$27m	$9.7bn

Same holdingsNo holdings data

Full comparison →

AUST price by TradingView

Stock Code	AUST
Fund Manager	Betashares
Asset Class	Australian shares
AUM	$27m
MER (%)	0.49%
Net flows (Sep)	$0.0m
Last Price	$17.79
52-Week Range	$17.25 – $18.72
Bid/Ask Spread	0.16%
Listing Date	10/11/2015
Exchange	ASX
Index	None: actively managed. See the PDS for its benchmark
Issuer website	Betashares ↗

Performance (% return)

1 month−2.3%

1 year+0.5%

3 years p.a.+7.6%

5 years p.a.+3.7%

$10,000 invested…

1 year ago$10,0553 years ago$12,4595 years ago$11,975

Value at 30 September 2026 with distributions reinvested, before tax and brokerage.

Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.

AUST at a glance: strengths and things to watch

👍 Strengths

Long track record. Listed since 2015, through several market cycles.

⚠️ Things to watch

Small fund. With $27m under management, it is more at risk of being closed or merged than larger funds, and trading can be thinner.
Behind its peers. +3.7% a year over 5 years, against +5.9% for the median Australian shares ETF.

Worked out from AUST's fees, size, flows, returns and trend against the 83 Australian shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.

etfadviserTrend check

Base since 26 Oct 2026

AUST is in a base. Here's why that matters.

AUST's moving averages are tangled and the price is moving sideways. The trend hasn't picked a direction yet. Its price is 1.5% below its 12-month high.

Why it matters: Bases are where the next big move starts. A breakout can begin a new uptrend, while a breakdown can start a long fall. Buying a satellite before the breakout often means waiting months for nothing to happen.

At ETF Adviser the core of a portfolio stays invested through every stage, and satellite ETFs are only bought in an uptrend. Members get a weekly update on which ETFs are breaking out of a base and which trends have broken.

Get the weekly trend updates: try it free for 30 days How base and trend works →See every ETF's stage →Visit etfadviser.com.au →

UptrendBaseDowntrend

AUST weekly price, past 12 months, shaded by trend stage. Stage as at 7 November 2026, updated weekly. A technical label, not a recommendation.

Investment Focus

Exposure Regions

Australia

Themes & Sectors

Active ETFs

Portfolio Breakdown

Sector breakdown

Financials33.4%
Materials23.2%
Consumer Discretionary7.5%
Industrials7.4%
Health Care7.1%
Real Estate6.7%
Other3.9%
Communication Services3.7%
Other7.0%

Holdings from the issuer's published portfolio. Compare AUST's holdings with other ETFs →

Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.

Similar ETFs

Code	Name	Same holdings	MER	AUM	1Y	3Y p.a.	5Y p.a.
AMVE	AB Managed Volatility Equities Fund - MVE Class - Active ETF Active	–	0.55%	$768m	+1.8%	+8.0%	+3.9%
VAS	Vanguard Australian Shares Index ETF	–	0.07%	$26.7bn	+2.2%	+10.8%	+6.5%
A200	Betashares Australia 200 ETF	–	0.04%	$11.1bn	+2.9%	+11.0%	+6.9%
IOZ	iShares Core S&P/ASX 200 ETF	–	0.05%	$9.7bn	+2.6%	+10.8%	+6.8%
VHY	Vanguard Australian Shares High Yield ETF	–	0.25%	$8.2bn	+12.0%	+13.5%	+10.2%
DACE	Dimensional Australian Core Equity Trust – Active ETF Active	–	0.28%	$7.2bn	+4.9%	–	–

Same holdings is the share of AUST's money in companies the other ETF also holds, weighted by size. No other ETF shares much with AUST, so these are ETFs in the same category. See every ETF like AUST →

AUST vs its closest alternatives

What actually differs between AUST and the ETFs most like it. Data to 30 Sep 2026.

AMVE AB Managed Volatility Equities Fund - MVE Class - Active ETF

AUST is cheaper (0.49% vs 0.55%), worth about $3,956 on $100,000 over 20 years.
Over 3 years, a year: AUST +7.6%, AMVE +8.0% (almost identical).
AMVE is much larger ($768m vs $27m), which usually means tighter trading spreads.
Different structure: AUST is a standard fund, AMVE is actively managed.

Compare AUST and AMVE side by side →

VAS Vanguard Australian Shares Index ETF

VAS is cheaper (0.07% vs 0.49%), worth about $28,910 on $100,000 over 20 years.
Over 3 years, a year: AUST +7.6%, VAS +10.8% (VAS ahead by 3.2 percentage points).
VAS is much larger ($26.7bn vs $27m), which usually means tighter trading spreads.

Compare AUST and VAS side by side →

A200 Betashares Australia 200 ETF

A200 is cheaper (0.04% vs 0.49%), worth about $31,059 on $100,000 over 20 years.
Over 3 years, a year: AUST +7.6%, A200 +11.0% (A200 ahead by 3.4 percentage points).
A200 is much larger ($11.1bn vs $27m), which usually means tighter trading spreads.

Compare AUST and A200 side by side →

General information only. Past performance is not a reliable indicator of future performance.

AUST FAQs

What is the fee for AUST?

AUST charges a management fee (MER) of 0.49% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is AUST?

AUST had $27m in funds under management as at 30 September 2026.

How has AUST performed?

AUST returned +0.5% over the year to 30 September 2026 (total return, including distributions). Over three years it returned +7.6% a year. Past performance is not a reliable indicator of future performance.

Who manages AUST?

AUST is managed by Betashares and has been listed since November 2015.

Disclaimer

This review is general information only and does not take into account your objectives, financial situation or needs. Consider the Betashares product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.