Betashares Australian Investment Grade Corporate Bond ETF (CRED) Review & Analysis

MER Β· Top 25%AUM Β· Top 10%1Y Return Β· #319 of 4263Y Return Β· #224 of 3005Y Return Β· #186 of 225
What's new this monthData to 30 September 2026
  • βˆ’1.5% in September (total return), behind the median Australian bonds ETF at βˆ’0.4%.
  • Investors added a net $4.5m (0.2% of the fund).
  • The unit price closed the month at $22.25, near its 12-month low (range $22.10 to $24.05).

About CRED

CRED is Betashares' Australian Investment Grade Corporate Bond ETF. It tracks an index of fixed rate, investment grade bonds issued by Australian dollar corporate borrowers, mainly banks, infrastructure and utility companies and other large businesses. It is passive and holds a few dozen bonds.

Corporate bonds usually pay more than government bonds to compensate for the extra credit risk. CRED's bonds are fixed rate and relatively long dated, so its price is quite sensitive to interest rates: it can rise well when rates fall and drop noticeably when they rise. Income is paid monthly as unfranked interest. The main risks are interest rate moves and a widening of credit spreads during economic stress. There is no currency risk.

CRED is often used to add higher income to the defensive part of a portfolio, alongside government bonds or a composite bond fund such as VAF. Alternatives include VACF and PLUS. See CRED vs VACF, CRED vs PLUS and CRED vs RCB.

CRED distributions and dividend dates

CRED pays distributions monthly, with payment about 15 days after the ex-date.

The latest distribution was $0.1152 per unit (0% franked), ex-distribution on 2 November 2026 and paid on 17 November 2026. To receive it you need to own CRED before the ex-date.

Its distribution yield over the past 12 months is about 5.6%. Distributions vary and past payments are not a guide to future ones.

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

Compare CRED with

CRED price by TradingView

Stock CodeCRED
Fund ManagerBetashares
Asset ClassAustralian bonds
AUM$1.9bn
MER (%)0.25%
Net flows (Sep)+$4.5m
Last Price$22.25
52-Week Range$22.10 – $24.05
Bid/Ask Spread0.07%
Listing Date04/06/2018
ExchangeASX
IndexNot yet in our data. See the PDS
Issuer websiteBetashares β†—

Performance (% return)

-1%5%12%18%1M-1.5%1Y-1.2%3Y18.0%5Y2.4%
1 monthβˆ’1.5%
1 yearβˆ’1.2%
3 years p.a.+5.7%
5 years p.a.+0.5%

$10,000 invested…

1 year ago$9,8833 years ago$11,8015 years ago$10,244

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.

CRED at a glance: strengths and things to watch

πŸ‘ Strengths

  • Large and established. $1.9bn under management, number 43 of 508 ETFs in Australia by size.
  • Cheap to trade. A bid/ask spread of 0.07%, so buying and selling costs little extra.

⚠️ Things to watch

  • Nothing stands out against its category.

Worked out from CRED's fees, size, flows, returns and trend against the 59 Australian bonds ETFs in Australia, to 30 September 2026. General information, not a recommendation.

Joshua StegaetfadviserTrend check
Base since 29 Oct 2026

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

CRED's moving averages are tangled and the price is moving sideways. The trend hasn't picked a direction yet.

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.

Why no chart? Bond, cash and currency fund prices drop each time a distribution is paid, so a price chart makes them look worse than they are. Check the total returns above instead.

Read more at etfadviser.com.au β†’

CRED vs its benchmark

How CRED has done against the Solactive Australian Investment Grade Corporate Bond Select Index, after fees. For an index fund, a small shortfall roughly the size of the fee is normal.

CREDBenchmarkDifference
1 year-0.48%-0.36%-0.12%
3 years p.a.+7.25%+7.29%-0.04%
5 years p.a.+2.03%+2.10%-0.07%

Issuer figures to 30 October 2026, fund returns after fees. Source: Betashares. Compare more ETFs vs their benchmark β†’

Investment Focus

Themes & Sectors

Bonds & fixed income

Portfolio Breakdown

Top 10 holdings (18.7% of the fund)

SymbolCompany% assets
$undefined2.60%
$undefined2.10%
$undefined2.00%
$undefined2.00%
$undefined2.00%
$undefined2.00%
$undefined2.00%
$undefined2.00%
$undefined2.00%

Sector breakdown

  • Bonds & cash100.0%

Holdings from the issuer's published portfolio. Compare CRED's holdings with other ETFs β†’

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

CodeNameSame holdingsMERAUM1Y3Y p.a.5Y p.a.
ICORiShares Core Corporate Bond ETF–0.15%$525m+1.0%+4.6%+1.4%
PLUSVanEck Australian Corporate Bond Plus ETF–0.32%$403mβˆ’0.1%+5.0%+1.0%
RCBRussell Investments Australian Select Corporate Bond ETF–0.28%$364m+1.0%+3.9%+1.8%
IAFiShares Core Composite Bond ETF–0.10%$3.7bnβˆ’0.4%+3.4%βˆ’0.2%
QPONBetashares Australian Bank Senior Floating Rate Bond ETF–0.22%$2.4bn+4.6%+5.0%+3.8%
OZBDBetashares Australian Composite Bond ETF–0.19%$1.5bnβˆ’0.8%+4.1%–

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

CRED vs its closest alternatives

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

ICOR iShares Core Corporate Bond ETF

  • ICOR is cheaper (0.15% vs 0.25%), worth about $6,981 on $100,000 over 20 years.
  • Over 3 years, a year: CRED +5.7%, ICOR +4.6% (CRED ahead by 1.1 percentage points).
  • CRED is about 4 times larger ($1.9bn vs $525m), which usually means tighter trading spreads.

Full CRED vs ICOR comparison β†’

PLUS VanEck Australian Corporate Bond Plus ETF

  • CRED is cheaper (0.25% vs 0.32%), worth about $4,813 on $100,000 over 20 years.
  • Over 3 years, a year: CRED +5.7%, PLUS +5.0% (CRED ahead by 0.7 percentage points).
  • CRED is about 5 times larger ($1.9bn vs $403m), which usually means tighter trading spreads.

Full CRED vs PLUS comparison β†’

RCB Russell Investments Australian Select Corporate Bond ETF

  • CRED is cheaper (0.25% vs 0.28%), worth about $2,070 on $100,000 over 20 years.
  • Over 3 years, a year: CRED +5.7%, RCB +3.9% (CRED ahead by 1.7 percentage points).
  • CRED is about 5 times larger ($1.9bn vs $364m), which usually means tighter trading spreads.

Full CRED vs RCB comparison β†’

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

Popular comparisons

CRED vs ICORCRED vs PLUSCRED vs RCBCRED vs VACF

CRED FAQs

What is the fee for CRED?

CRED charges a management fee (MER) of 0.25% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is CRED?

CRED had $1.9bn in funds under management as at 30 September 2026.

How has CRED performed?

CRED returned βˆ’1.2% over the year to 30 September 2026 (total return, including distributions). Over three years it returned +5.7% a year. Past performance is not a reliable indicator of future performance.

Who manages CRED?

CRED is managed by Betashares and has been listed since June 2018.

Does CRED pay monthly distributions?

Yes. CRED pays a distribution every month.

When is the next CRED distribution?

Based on its usual schedule, CRED's next distribution should go ex around the start of December, with payment about 15 days later. Dates can move, so check Betashares' announcements to confirm.

What is CRED's dividend yield?

CRED's distribution yield over the past 12 months was about 5.6%. Yields change with the unit price and each payment, and are not a forecast.

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.