Performance data is updated to 30 April 2026.

BetaShares Australian Major Bank Subordinated Debt ETF

MER · Top 50%AUM · Top 50%1Y Return · #242 of 415

BSUB aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of floating rate subordinated bonds issued by the four major Australian banks.

Link to website

Stock Code

BSUB

Fund Manager

Betashares

Asset Class

Fixed Interest

AUM

$681.10M

MER (%)

0.29%

Listing Date

08/05/2024

Performance (% return)

Investment Focus

Exposure Regions

Australia

Portfolio Breakdown

Holdings Breakdown(Top 10 Holdings are 79.90% of total assets)

Company Name	% assets
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD 5.6771% JAN-34	9.40%
WESTPAC BANKING CORP 6.613% JUN-33	9.40%
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD 5.2454% JAN-35	9.00%
NATIONAL AUSTRALIA BANK LTD 5.2572% NOV-35	8.40%
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD 6.3072% MAY-33	8.10%
COMMONWEALTH BANK OF AUSTRALIA 5.8799% SEP-35	7.70%
NATIONAL AUSTRALIA BANK LTD 5.89% FEB-34	7.60%
WESTPAC BANKING CORP 5.9949% JUL-34	7.30%
WESTPAC BANKING CORP 5.4764% FEB-35	6.70%
COMMONWEALTH BANK OF AUSTRALIA 6.64% NOV-32	6.30%

Sector	Allocation	% assets
Australian Subordinated Bank FRNs		100%

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HBRD	BetaShares Australian High Interest Bond ETF	Betashares	$2.50B	13/11/2017	Fixed Interest	0.55%	+5.14%
CRED	BetaShares Australian Investment Grade Corporate Bond ETF	Betashares	$1.79B	04/06/2018	Fixed Interest	0.25%	+1.31%
ILB	iShares Government Inflation ETF	iShares	$1.25B	14/03/2012	Fixed Interest	0.18%	+2.23%
AGVT	BetaShares Australian Government Bond ETF	Betashares	$1.13B	09/07/2019	Fixed Interest	0.22%	-1.35%

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Last updated: January 2026