BetaShares Western Asset Australian Bond Active ETF (BNDS.AX)

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BetaShares Western Asset Australian Bond Active ETF (BNDS.AX) is up 1.1% since the beginning of the year. BNDS.AX is currently trading at A$23 per share. Investors who bought A$1,000 worth of BNDS.AX shares 5 years ago would now be looking at an investment worth A$985.

BetaShares Western Asset Australian Bond Active ETF (BNDS.AX) has returned 1.05% so far this year and 0.62% over the past 12 months.

Based on dividend-adjusted daily data since Nov 7, 2018, BNDS.AX's average daily return is +0.01%, while the average monthly return is +0.14%. At this rate, an investment would double in approximately 41.3 years.

Historically, 65% of months were positive and 35% were negative. The best month was Jul 2022 with a return of +3.9%, while the worst month was Oct 2021 at -3.9%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 6 months.

On a daily basis, BNDS.AX closed higher 49% of trading days. The best single day was Mar 23, 2020 with a return of +2.0%, while the worst single day was Mar 19, 2020 at -2.3%.

BetaShares Western Asset Australian Bond Active ETF has an annualized alpha of 1.68%, beta of -0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since November 07, 2018.

• This ETF participated in 17.04% of S&P 500 Index downside but only 10.35% 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.

BNDS.AX has an expense ratio of 0.42%, placing it in the medium range.

BNDS.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 Western Asset Australian Bond Active ETF provided a 2.98% dividend yield over the last twelve months, with an annual payout of A$0.69 per share. The fund has been increasing its distributions for 4 consecutive years.

The table displays the monthly dividend distributions for BetaShares Western Asset Australian Bond Active 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 Western Asset Australian Bond Active 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 Western Asset Australian Bond Active ETF was 16.27%, occurring on Jun 15, 2022. The portfolio has not yet recovered.

The current BetaShares Western Asset Australian Bond Active ETF drawdown is 2.92%.

The chart below shows the rolling one-month volatility.