Betashares Australian Investment Grade Corporate Bond ETF (CRED.AX)

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Betashares Australian Investment Grade Corporate Bond ETF (CRED.AX) is up 0.8% since the beginning of the year. CRED.AX is currently trading at A$23 per share. Investors who bought A$1,000 worth of CRED.AX shares 5 years ago would now be looking at an investment worth A$1,024.

Betashares Australian Investment Grade Corporate Bond ETF (CRED.AX) has returned 0.80% so far this year and 1.25% over the past 12 months.

Based on dividend-adjusted daily data since May 31, 2018, CRED.AX's average daily return is +0.01%, while the average monthly return is +0.26%. At this rate, an investment would double in approximately 22.2 years.

Historically, 65% of months were positive and 35% were negative. The best month was Jan 2023 with a return of +4.6%, while the worst month was Mar 2020 at -5.9%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.

On a daily basis, CRED.AX closed higher 49% of trading days. The best single day was Mar 26, 2020 with a return of +2.4%, while the worst single day was Mar 12, 2020 at -2.9%.

Betashares Australian Investment Grade Corporate Bond ETF has an annualized alpha of 3.19%, beta of 0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since May 31, 2018.

• This ETF participated in 20.09% of S&P 500 Index downside but only 16.85% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.00 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.

CRED.AX has an expense ratio of 0.25%, which is considered low.

CRED.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.

Betashares Australian Investment Grade Corporate Bond ETF provided a 3.93% dividend yield over the last twelve months, with an annual payout of A$0.90 per share.

The table displays the monthly dividend distributions for Betashares Australian Investment Grade Corporate 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 Investment Grade Corporate 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 Investment Grade Corporate Bond ETF was 21.76%, occurring on Jun 15, 2022. Recovery took 767 trading sessions.

The current Betashares Australian Investment Grade Corporate Bond ETF drawdown is 2.41%.

The chart below shows the rolling one-month volatility.