Betashares Diversified Credit Income ETF (DCRD) Review & Analysis

New ETF
MER Β· Top 25%AUM Β· #488 of 508
What's new this monthData to 30 September 2026
  • +0.5% in September (total return), ahead of the median diversified (all-in-one) ETF at βˆ’0.8%.
  • The unit price closed the month at $25.08, 0% below its 12-month high (range $24.98 to $25.11).
  • πŸ†• New fund: listed in August 2026.

About DCRD

DCRD is a diversified (all-in-one) ETF from Betashares, listed on the ASX since August 2026. With $2.0m under management it is number 17 of 19 diversified (all-in-one) ETFs by size. The management fee is 0.22% a year, about $22 on every $10,000 invested, cheaper than the typical diversified (all-in-one) ETF at 0.27%.

It is too new to have a full year of performance. With its focus on dividends & income, it is the kind of fund many investors use as a smaller satellite holding alongside a diversified core.

DCRD distributions and dividend dates

The latest distribution was $0.1139 per unit (0% franked), ex-distribution on 2 November 2026 and paid on 17 November 2026. To receive it you need to own DCRD before the ex-date.

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

Compare DCRD with

DCRD price by TradingView

Stock CodeDCRD
Fund ManagerBetashares
Asset ClassDiversified (all-in-one)
AUM$2.0m
MER (%)0.22%
Net flows (Sep)+$0.0m
Last Price$25.08
52-Week Range$24.98 – $25.11
Bid/Ask Spread0.13%
Listing Date06/08/2026
ExchangeASX
IndexNot yet in our data. See the PDS
Issuer websiteBetashares β†—

Performance (% return)

0%0%0%0%1M0.5%1Yn/a3Yn/a5Yn/a
1 month+0.5%
1 year–
3 years p.a.–
5 years p.a.–

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

DCRD at a glance: strengths and things to watch

πŸ‘ Strengths

  • Low cost. At 0.22% a year it is cheaper than 79% of diversified (all-in-one) ETFs.

⚠️ Things to watch

  • Small fund. With $2.0m under management, it is more at risk of being closed or merged than larger funds, and trading can be thinner.
  • Short track record. Listed in August 2026, so it hasn't been tested through a full market cycle.

Worked out from DCRD's fees, size, flows, returns and trend against the 19 diversified (all-in-one) ETFs in Australia, to 30 September 2026. General information, not a recommendation.

Joshua StegaetfadviserTrend check
Not rated yet

Is DCRD in a base or a trend?

DCRD doesn't have enough price history yet (about 11 months) for a reliable trend reading, or it is a cash-like fund whose price barely moves.

Why it matters: Every ETF moves between bases and trends. Knowing which stage it is in helps decide when to buy a satellite, and when to wait.

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? This ETF does not have a reliable 12-month price history yet.

Read more at etfadviser.com.au β†’

Investment Focus

Themes & Sectors

Dividends & incomeDiversified (all-in-one)

Portfolio Breakdown

Sector breakdown

  • Australian Senior Bank FRNs40.1%
  • Australian Subordinated Bank FRNs30.0%
  • Real Estate8.4%
  • Utilities7.8%
  • Industrials6.6%
  • Other2.7%
  • Consumer Discretionary1.2%
  • Communications1.2%
  • Other2.0%

Holdings from the issuer's published portfolio. Compare DCRD'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.
VDIFVanguard Diversified Income ETF–0.32%$52m+6.4%––
VDHGVanguard Diversified High Growth Index ETF–0.27%$4.1bn+7.5%+13.8%+7.7%
DHHFBetashares Diversified All Growth ETF–0.19%$1.7bn+8.1%+15.1%+9.2%
VDGRVanguard Diversified Growth Index ETF–0.27%$1.6bn+5.6%+11.6%+5.9%
VDBAVanguard Diversified Balanced Index ETF–0.27%$942m+3.7%+9.2%+4.0%
VDCOVanguard Diversified Conservative Index ETF–0.27%$297m+2.3%+7.0%+2.5%

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

DCRD vs its closest alternatives

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

VDIF Vanguard Diversified Income ETF

  • DCRD is cheaper (0.22% vs 0.32%), worth about $6,894 on $100,000 over 20 years.
  • VDIF is much larger ($52m vs $2.0m), which usually means tighter trading spreads.

Compare DCRD and VDIF side by side β†’

VDHG Vanguard Diversified High Growth Index ETF

  • DCRD is cheaper (0.22% vs 0.27%), worth about $3,462 on $100,000 over 20 years.
  • VDHG is much larger ($4.1bn vs $2.0m), which usually means tighter trading spreads.

Compare DCRD and VDHG side by side β†’

DHHF Betashares Diversified All Growth ETF

  • DHHF is cheaper (0.19% vs 0.22%), worth about $2,092 on $100,000 over 20 years.
  • DHHF is much larger ($1.7bn vs $2.0m), which usually means tighter trading spreads.

Compare DCRD and DHHF side by side β†’

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

Related Reads

DCRD FAQs

What is the fee for DCRD?

DCRD charges a management fee (MER) of 0.22% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is DCRD?

DCRD had $2.0m in funds under management as at 30 September 2026.

Who manages DCRD?

DCRD is managed by Betashares and has been listed since August 2026.

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.