- Issuer
- BetaShares
- Inception Date
- Nov 9, 2015
- Region
- Asia Pacific (Australia)
- Category
- Australia Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- Australia
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
AUST.AX Performance Chart
BetaShares Managed Risk Australian Shares Complex ETF (AUST.AX) is down 0.1% since the beginning of the year. AUST.AX is currently trading at A$18 per share. Investors who bought A$1,000 worth of AUST.AX shares 5 years ago would now be looking at an investment worth A$1,100.
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Returns By Period
BetaShares Managed Risk Australian Shares Complex ETF (AUST.AX) has returned -0.08% so far this year and 1.97% over the past 12 months. Over the last ten years, AUST.AX has returned 3.49% per year, falling short of the S&P 500 Index benchmark, which averaged 14.27% annually.
BetaShares Managed Risk Australian Shares Complex ETF
- 1D
- 0.00%
- 1M
- -0.63%
- 6M
- 0.54%
- YTD
- -0.08%
- 1Y
- 1.97%
- 3Y*
- 5.03%
- 5Y*
- 1.92%
- 10Y*
- 3.49%
Benchmark (S&P 500 Index)
- 1D
- 0.12%
- 1M
- 1.38%
- 6M
- 4.49%
- YTD
- 5.58%
- 1Y
- 12.98%
- 3Y*
- 18.01%
- 5Y*
- 13.12%
- 10Y*
- 14.27%
AUST.AX Monthly Returns History
Based on dividend-adjusted daily data since Nov 9, 2015, AUST.AX's average daily return is +0.02%, while the average monthly return is +0.33%. At this rate, an investment would double in approximately 17.5 years.
Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +7.6%, while the worst month was Mar 2020 at -8.6%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.
On a daily basis, AUST.AX closed higher 46% of trading days. The best single day was Mar 31, 2020 with a return of +3.1%, while the worst single day was Mar 9, 2020 at -4.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.33% | 3.11% | -5.71% | 0.63% | 0.34% | 1.19% | 0.26% | -0.08% | |||||
| 2025 | 2.24% | -3.09% | -3.01% | 0.60% | 3.21% | 1.84% | 1.84% | 3.20% | -0.76% | 0.44% | -2.62% | 0.62% | 4.29% |
| 2024 | -1.49% | 0.30% | 3.86% | -3.02% | 0.60% | 0.83% | 3.57% | -0.81% | 2.98% | -1.02% | 2.87% | -3.01% | 5.47% |
| 2023 | 2.02% | -2.28% | -1.04% | 1.43% | -2.33% | 1.00% | 1.75% | -0.93% | -2.13% | -2.56% | 3.41% | 6.54% | 4.56% |
| 2022 | -6.82% | 0.36% | 5.38% | -3.69% | -0.47% | -4.44% | 1.97% | 1.12% | -3.68% | 2.61% | 4.10% | -2.63% | -6.74% |
| 2021 | 0.53% | 0.86% | 1.29% | 2.78% | 1.53% | 1.97% | 0.79% | 2.17% | -2.45% | 0.80% | -0.57% | 2.05% | 12.28% |
Benchmark Metrics
BetaShares Managed Risk Australian Shares Complex ETF has an annualized alpha of 2.85%, beta of 0.06, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since November 09, 2015.
- This ETF participated in 58.12% of S&P 500 Index downside but only 35.77% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.06 may look defensive, but with R2 of 0.01 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 0.01 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.
- Alpha
- 2.85%
- Beta
- 0.06
- R²
- 0.01
- Upside Capture
- 35.77%
- Downside Capture
- 58.12%
Expense Ratio
AUST.AX has an expense ratio of 0.49%, placing it in the medium range.
Return for Risk
Risk / Return Rank
AUST.AX ranks 13 for risk / return — in the bottom 13% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for BetaShares Managed Risk Australian Shares Complex ETF (AUST.AX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AUST.AX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.04 | ||
| Sortino ratioReturn per unit of downside risk | -1.38 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.24 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | 1.11 | -0.77 |
| Martin ratioReturn relative to average drawdown | 0.61 | 3.10 | -2.48 |
Dividends
Dividend History
BetaShares Managed Risk Australian Shares Complex ETF provided a 1.39% dividend yield over the last twelve months, with an annual payout of A$0.25 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | A$0.25 | A$0.21 | A$0.27 | A$0.27 | A$0.35 | A$0.42 | A$0.51 | A$0.52 | A$0.25 | A$0.18 | A$0.07 |
Dividend yield | 1.39% | 1.18% | 1.58% | 1.60% | 2.16% | 2.37% | 3.13% | 3.02% | 1.62% | 1.09% | 0.42% |
Monthly Dividends
The table displays the monthly dividend distributions for BetaShares Managed Risk Australian Shares Complex ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.25 | A$0.25 | |||||
| 2025 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.21 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.21 |
| 2024 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.27 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.27 |
| 2023 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.27 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.27 |
| 2022 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.35 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.35 |
| 2021 | A$0.23 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.20 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.42 |
Drawdowns
Drawdowns Chart
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the BetaShares Managed Risk Australian Shares Complex 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 Managed Risk Australian Shares Complex ETF was 20.24%, occurring on Mar 23, 2020. Recovery took 286 trading sessions.
The current BetaShares Managed Risk Australian Shares Complex ETF drawdown is 4.19%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-20.24%Mar 2020 | 1mo 1d | 1y 1mo | 1y 2moFeb 2020 - May 2021 | COVID crash2020 |
-12.58%Oct 2023 | 2y 2mo | 8mo 21d | 2y 11moAug 2021 - Jul 2024 | — |
-11.49%Apr 2025 | 4mo 6d | 3mo 29d | 8mo 5dDec 2024 - Aug 2025 | 2025 selloff2025 |
-10.54%Dec 2018 | 3mo 21d | 4mo 1d | 7mo 22dSep 2018 - Apr 2019 | Rate-hike selloffLate 2018 |
-7.23%Apr 2018 | 3mo 14d | 3mo 3d | 6mo 17dDec 2017 - Jul 2018 | — |
Drawdown Indicators
| AUST.AX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.24% | -41.07% | +20.83% |
Max Drawdown (1Y)Largest decline over 1 year | -7.16% | -11.69% | +4.53% |
Max Drawdown (3Y)Largest decline over 3 years | -11.49% | -17.74% | +6.25% |
Max Drawdown (5Y)Largest decline over 5 years | -12.58% | -22.01% | +9.43% |
Max Drawdown (10Y)Largest decline over 10 years | -20.24% | -24.71% | +4.47% |
Current DrawdownCurrent decline from peak | -4.19% | -0.60% | -3.59% |
Average DrawdownAverage peak-to-trough decline | -4.56% | -11.02% | +6.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.07% | 4.20% | -0.13% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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