Resolution Cap Global Prop Sec Fund - Active ETF (RCAP) Review & Analysis

MER · #420 of 514AUM · Top 10%1Y Return · Top 50%3Y Return · #167 of 300

What's new this monthData to 30 September 2026

−5.1% in September (total return), behind the median international shares ETF at +0.0%.
Investors added a net $3.4m (0.2% of the fund).
The unit price closed the month at $1.76, 11% below its 12-month high (range $1.63 to $1.98).

About RCAP

RCAP is the Resolution Capital Global Property Securities Fund, an active ETF. Resolution Capital, a specialist property manager, picks listed real estate investment trusts and property companies from around the world, owning offices, warehouses, apartments, shopping centres, data centres and other real estate. It does not track an index.

The portfolio leans towards the US, where the largest listed property market is, with holdings in Europe, Asia and Australia as well. Resolution focuses on quality assets and strong balance sheets, so the fund can look different from a global property index. Income is a meaningful part of the return but is mostly unfranked. Listed property is sensitive to interest rates and can fall sharply when rates rise, and the active fee is higher than passive alternatives.

RCAP may suit investors who want global property exposure with a specialist manager, often as a diversifier alongside shares. Passive alternatives include REIT and Australian property through VAP. See RCAP vs IWLD and RCAP vs IZZ.

RCAP distributions and dividend dates

RCAP pays distributions quarterly, usually going ex-distribution in January, April, July and October, with payment about 14 days after the ex-date.

The latest distribution was $0.0064 per unit (0% franked), ex-distribution on 1 October 2026 and paid on 15 October 2026. To receive it you need to own RCAP before the ex-date.

Its distribution yield over the past 12 months is about 1.9%. 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 RCAP Check overlap Resolution Capital website ↗

Compare RCAP with

RCAPvsIWLD

iShares Core MSCI World All Cap ETF

Fee	0.80%	0.09%
1 year	+7.9%	+10.4%
5 yrs p.a.	–	+12.3%
Size	$2.1bn	$2.0bn

Same holdingsNo holdings data

Full comparison →

RCAPvsIJR

iShares S&P Small-Cap ETF

Fee	0.80%	0.07%
1 year	+7.9%	+10.6%
5 yrs p.a.	–	+5.9%
Size	$2.1bn	$827m

Same holdingsNo holdings data

Full comparison →

RCAPvsIZZ

iShares FTSE China Large-Cap ETF

Fee	0.80%	0.60%
1 year	+7.9%	−19.5%
5 yrs p.a.	–	+0.1%
Size	$2.1bn	$452m

Same holdingsNo holdings data

Full comparison →

RCAPvsAVSV

Avantis Global Small Cap Value UCITS ETF

Fee	0.80%	0.45%
1 year	+7.9%	–
5 yrs p.a.	–	–
Size	$2.1bn	$92m

Same holdingsNo holdings data

Full comparison →

RCAP price by TradingView

Stock Code	RCAP
Fund Manager	Resolution Capital
Asset Class	International shares
AUM	$2.1bn
MER (%)	0.80%
Net flows (Sep)	+$3.4m
Last Price	$1.76
52-Week Range	$1.63 – $1.98
Bid/Ask Spread	0.34%
Listing Date	22/02/2022
Exchange	ASX
Index	None: actively managed. See the PDS for its benchmark
Issuer website	Resolution Capital ↗

Performance (% return)

1 month−5.1%

1 year+7.9%

3 years p.a.+9.8%

5 years p.a.–

$10,000 invested…

1 year ago$10,7933 years ago$13,239

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.

RCAP at a glance: strengths and things to watch

👍 Strengths

Large and established. $2.1bn under management, number 39 of 508 ETFs in Australia by size.

⚠️ Things to watch

Higher fee. At 0.80% a year it costs more than 77% of international shares ETFs (median 0.55%), or about $25 a year more on every $10,000.
Behind its peers. +9.8% a year over 3 years, against +15.4% for the median international shares ETF.

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

etfadviserTrend check

Base since 27 Oct 2026

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

RCAP's moving averages are tangled and the price is moving sideways. The trend hasn't picked a direction yet. Its price is 6.6% 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

RCAP 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 Property

Similar ETFs

Code	Name	Same holdings	MER	AUM	1Y	3Y p.a.	5Y p.a.
IWLD	iShares Core MSCI World All Cap ETF	–	0.09%	$2.0bn	+10.4%	+18.3%	+12.3%
IJR	iShares S&P Small-Cap ETF	–	0.07%	$827m	+10.6%	+11.5%	+5.9%
IZZ	iShares FTSE China Large-Cap ETF	–	0.60%	$452m	−19.5%	+8.2%	+0.1%
AVSV	Avantis Global Small Cap Value UCITS ETF	–	0.45%	$92m	–	–	–
RIIF	Resolution Capital Global Listed Infrastructure Fund – Active ETF Active	–	0.70%	$36m	+12.8%	–	–
ISMD	Global X MSCI International Small and Mid Cap ETF	–	0.45%	$4.5m	–	–	–

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

RCAP vs its closest alternatives

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

IWLD iShares Core MSCI World All Cap ETF

IWLD is cheaper (0.09% vs 0.80%), worth about $47,475 on $100,000 over 20 years.
Over 3 years, a year: RCAP +9.8%, IWLD +18.3% (IWLD ahead by 8.5 percentage points).
Different structure: RCAP is actively managed, IWLD is a standard fund.

Full RCAP vs IWLD comparison →

IJR iShares S&P Small-Cap ETF

IJR is cheaper (0.07% vs 0.80%), worth about $48,901 on $100,000 over 20 years.
Over 3 years, a year: RCAP +9.8%, IJR +11.5% (IJR ahead by 1.7 percentage points).
RCAP is about 3 times larger ($2.1bn vs $827m), which usually means tighter trading spreads.
Different structure: RCAP is actively managed, IJR is a standard fund.

Full RCAP vs IJR comparison →

IZZ iShares FTSE China Large-Cap ETF

IZZ is cheaper (0.60% vs 0.80%), worth about $12,771 on $100,000 over 20 years.
Over 3 years, a year: RCAP +9.8%, IZZ +8.2% (RCAP ahead by 1.6 percentage points).
RCAP is about 5 times larger ($2.1bn vs $452m), which usually means tighter trading spreads.
Different structure: RCAP is actively managed, IZZ is a standard fund.

Full RCAP vs IZZ comparison →

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

Popular comparisons

RCAP vs IWLD RCAP vs IJR RCAP vs IZZ

RCAP FAQs

What is the fee for RCAP?

RCAP charges a management fee (MER) of 0.80% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is RCAP?

RCAP had $2.1bn in funds under management as at 30 September 2026.

How has RCAP performed?

RCAP returned +7.9% over the year to 30 September 2026 (total return, including distributions). Over three years it returned +9.8% a year. Past performance is not a reliable indicator of future performance.

Who manages RCAP?

RCAP is managed by Resolution Capital and has been listed since February 2022.

Does RCAP pay monthly?

RCAP pays distributions four times a year, usually going ex-distribution in January, April, July and October. It does not pay monthly. If you want monthly income, see the ETF dividend calendar on ReviewETF for funds that pay every month.

When is the next RCAP distribution?

Based on its usual schedule, RCAP's next distribution should go ex around the start of January, with payment about 14 days later. Dates can move, so check Resolution Capital's announcements to confirm.

What is RCAP's dividend yield?

RCAP's distribution yield over the past 12 months was about 1.9%. Yields change with the unit price and each payment, and are not a forecast.

Is RCAP currency hedged?

No, RCAP 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 Resolution Capital product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.