Antipodes Global Smid Active ETF (MIDS) Review & Analysis

New ETF
MER Β· #492 of 514AUM Β· Top 50%
What's new this monthData to 30 September 2026
  • βˆ’4.4% in September (total return), behind the median international shares ETF at +0.0%.
  • Investors added a net $23m (12.8% of the fund).
  • The unit price closed the month at $10.07, 6% below its 12-month high (range $8.63 to $10.75).

About MIDS

MIDS is an international shares ETF from Antipodes, listed on the ASX since November 2025. With $199m under management it is number 107 of 254 international shares ETFs by size. The management fee is 1.20% a year, about $120 on every $10,000 invested, dearer than the typical international shares ETF at 0.55%.

It is too new to have a full year of performance.

MIDS distributions and dividend dates

MIDS pays distributions yearly, usually going ex-distribution in July, with payment about 12 days after the ex-date. (Pattern estimated from recent payments.)

The latest distribution was $0.0459 per unit (0% franked), ex-distribution on 1 July 2026 and paid on 13 July 2026. To receive it you need to own MIDS before the ex-date.

Its distribution yield over the past 12 months is about 0.5%. 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 MIDS with

MIDS price by TradingView

Stock CodeMIDS
Fund ManagerAntipodes
Asset ClassInternational shares
AUM$199m
MER (%)1.20%
Net flows (Sep)+$23m
Last Price$10.07
52-Week Range$8.63 – $10.75
Bid/Ask Spread0.32%
Listing Date10/11/2025
ExchangeASX
IndexNone: actively managed. See the PDS for its benchmark
Issuer websiteAntipodes β†—

Performance (% return)

-4%-3%-1%0%1M-4.4%1Yn/a3Yn/a5Yn/a
1 monthβˆ’4.4%
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.

MIDS at a glance: strengths and things to watch

πŸ‘ Strengths

  • Money is flowing in. Investors added a net $23m in September (11% of the fund).

⚠️ Things to watch

  • Higher fee. At 1.20% a year it costs more than 91% of international shares ETFs (median 0.55%), or about $65 a year more on every $10,000.
  • Short track record. Listed in November 2025, so it hasn't been tested through a full market cycle.

Worked out from MIDS's fees, size, flows, returns and trend against the 257 international shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.

Joshua StegaetfadviserTrend check
Base since 14 Sep 2026

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

MIDS'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.

Nov 25Feb 26May 26Aug 26
UptrendBaseDowntrend

MIDS 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

Global

Themes & Sectors

Active ETFs

Similar ETFs

CodeNameSame holdingsMERAUM1Y3Y p.a.5Y p.a.
AGX1Antipodes Global Value Active ETF Active–1.10%$394m+9.1%+16.8%+9.6%
VNGSVaughan Nelson Global Equity SMID Fund – Active ETF Active–1.12%$47m+8.9%+11.9%–
VGSVanguard MSCI Index International Shares ETF–0.18%$18.7bn+10.1%+17.9%+11.8%
IVViShares S&P 500 ETF–0.04%$14.9bn+10.1%+19.2%+13.4%
NDQBetashares Nasdaq 100 ETF–0.48%$9.5bn+16.6%+23.8%+15.3%
QUALVanEck MSCI International Quality ETF–0.40%$9.2bn+10.1%+16.1%+11.4%

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

MIDS vs its closest alternatives

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

AGX1 Antipodes Global Value Active ETF

  • AGX1 is cheaper (1.10% vs 1.20%), worth about $5,891 on $100,000 over 20 years.

Compare MIDS and AGX1 side by side β†’

VNGS Vaughan Nelson Global Equity SMID Fund – Active ETF

  • VNGS is cheaper (1.12% vs 1.20%), worth about $4,704 on $100,000 over 20 years.
  • MIDS is about 4 times larger ($199m vs $47m), which usually means tighter trading spreads.

Compare MIDS and VNGS side by side β†’

VGS Vanguard MSCI Index International Shares ETF

  • VGS is cheaper (0.18% vs 1.20%), worth about $65,329 on $100,000 over 20 years.
  • VGS is much larger ($18.7bn vs $199m), which usually means tighter trading spreads.
  • Different structure: MIDS is actively managed, VGS is a standard fund.

Compare MIDS and VGS side by side β†’

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

MIDS FAQs

What is the fee for MIDS?

MIDS charges a management fee (MER) of 1.20% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is MIDS?

MIDS had $199m in funds under management as at 30 September 2026.

Who manages MIDS?

MIDS is managed by Antipodes and has been listed since November 2025.

Is MIDS franked?

Generally no. MIDS invests outside Australia, so its distributions carry little or no franking credits. Franking comes from Australian companies that have paid tax here.

Is MIDS currency hedged?

No, MIDS is unhedged. Its returns move with the Australian dollar: a falling dollar adds to returns and a rising dollar reduces them.

Disclaimer

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