BetaShares Australian Government Bond ETF (AGVT.AX)

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BetaShares Australian Government Bond ETF (AGVT.AX) is up 1.5% since the beginning of the year. AGVT.AX is currently trading at A$41 per share. Investors who bought A$1,000 worth of AGVT.AX shares 5 years ago would now be looking at an investment worth A$916.

BetaShares Australian Government Bond ETF (AGVT.AX) has returned 1.45% so far this year and 0.90% over the past 12 months.

Based on dividend-adjusted daily data since Jul 5, 2019, AGVT.AX's average daily return is 0.00%, while the average monthly return is -0.02%.

Historically, 55% of months were positive and 45% were negative. The best month was Jul 2022 with a return of +5.7%, while the worst month was Oct 2021 at -5.1%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 6 months.

On a daily basis, AGVT.AX closed higher 48% of trading days. The best single day was Mar 20, 2020 with a return of +3.1%, while the worst single day was Jun 14, 2022 at -2.7%.

BetaShares Australian Government Bond ETF has an annualized alpha of -0.39%, beta of -0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since July 05, 2019.

• This ETF participated in 35.95% of S&P 500 Index downside but only 10.27% of its upside - more exposed to losses than it benefited from rallies.
• Beta of -0.01 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

AGVT.AX has an expense ratio of 0.22%, which is considered low.

AGVT.AX ranks 11 for risk / return — in the bottom 11% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

BetaShares Australian Government Bond ETF provided a 3.37% dividend yield over the last twelve months, with an annual payout of A$1.38 per share.

The table displays the monthly dividend distributions for BetaShares Australian Government Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the BetaShares Australian Government Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the BetaShares Australian Government Bond ETF was 22.88%, occurring on Nov 1, 2023. The portfolio has not yet recovered.

The current BetaShares Australian Government Bond ETF drawdown is 10.93%.

The chart below shows the rolling one-month volatility.