- Issuer
- BetaShares
- Inception Date
- Oct 5, 2016
- Region
- Asia Pacific (Australia)
- Category
- Australian Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Solactive Australia ex 20 Index
- Domicile
- Australia
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
EX20.AX Performance Chart
Betashares Australian Ex-20 Portfolio Diversifier ETF (EX20.AX) is down 6.8% since the beginning of the year. EX20.AX is currently trading at A$22 per share. Investors who bought A$1,000 worth of EX20.AX shares 5 years ago would now be looking at an investment worth A$1,205.
Loading charts...
Returns By Period
Betashares Australian Ex-20 Portfolio Diversifier ETF (EX20.AX) has returned -6.84% so far this year and -2.67% over the past 12 months.
Betashares Australian Ex-20 Portfolio Diversifier ETF
- 1D
- 0.18%
- 1M
- -2.97%
- 6M
- -8.41%
- YTD
- -6.84%
- 1Y
- -2.67%
- 3Y*
- 5.51%
- 5Y*
- 3.80%
- 10Y*
- —
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%
EX20.AX Monthly Returns History
Based on dividend-adjusted daily data since Oct 5, 2016, EX20.AX's average daily return is +0.03%, while the average monthly return is +0.64%. At this rate, an investment would double in approximately 9.1 years.
Historically, 64% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +12.8%, while the worst month was Mar 2020 at -22.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.
On a daily basis, EX20.AX closed higher 52% of trading days. The best single day was Mar 26, 2020 with a return of +6.2%, while the worst single day was Mar 12, 2020 at -7.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.01% | -1.50% | -9.83% | 2.62% | 1.14% | 0.99% | -0.93% | -6.84% | |||||
| 2025 | 5.40% | -3.41% | -3.40% | 2.85% | 5.73% | 1.22% | 2.27% | 3.29% | 1.01% | 0.50% | -0.87% | -0.75% | 14.21% |
| 2024 | -1.05% | 2.33% | 4.35% | -1.99% | 1.21% | -2.20% | 3.75% | 1.20% | 3.69% | -1.60% | 4.17% | -3.73% | 10.11% |
| 2023 | 3.41% | -1.22% | -0.62% | 3.21% | -1.45% | 0.51% | 2.22% | -0.55% | -4.41% | -5.19% | 4.69% | 6.56% | 6.68% |
| 2022 | -9.46% | 1.43% | 4.95% | -0.63% | -3.54% | -9.69% | 7.25% | 1.00% | -8.18% | 6.53% | 4.85% | -3.20% | -10.28% |
| 2021 | -1.87% | 0.38% | 2.38% | 3.06% | 0.10% | 3.84% | 0.19% | 5.57% | -1.60% | 0.00% | 0.53% | 2.67% | 16.05% |
Benchmark Metrics
Betashares Australian Ex-20 Portfolio Diversifier ETF has an annualized alpha of 5.13%, beta of 0.13, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since October 05, 2016.
- This ETF participated in 94.08% of S&P 500 Index downside but only 61.72% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.13 may look defensive, but with R2 of 0.02 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 0.02 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
- 5.13%
- Beta
- 0.13
- R²
- 0.02
- Upside Capture
- 61.72%
- Downside Capture
- 94.08%
Expense Ratio
EX20.AX has an expense ratio of 0.25%, which is considered low.
Return for Risk
Risk / Return Rank
EX20.AX ranks 8 for risk / return — in the bottom 8% 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 Australian Ex-20 Portfolio Diversifier ETF (EX20.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.
| EX20.AX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.40 | ||
| Sortino ratioReturn per unit of downside risk | -1.86 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.24 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.12 | 1.11 | -1.24 |
| Martin ratioReturn relative to average drawdown | -0.28 | 3.10 | -3.38 |
Dividends
Dividend History
Betashares Australian Ex-20 Portfolio Diversifier ETF provided a 1.63% dividend yield over the last twelve months, with an annual payout of A$0.36 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | A$0.36 | A$0.84 | A$0.32 | A$0.34 | A$0.27 | A$0.39 | A$0.51 | A$0.87 | A$0.62 | A$0.21 |
Dividend yield | 1.63% | 3.52% | 1.46% | 1.71% | 1.44% | 1.80% | 2.68% | 4.51% | 3.89% | 1.20% |
Monthly Dividends
The table displays the monthly dividend distributions for Betashares Australian Ex-20 Portfolio Diversifier 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$0.36 | A$0.36 | |||||
| 2025 | A$0.26 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.58 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.84 |
| 2024 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.32 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.32 |
| 2023 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.34 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.34 |
| 2022 | 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 |
| 2021 | A$0.17 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.22 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.39 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Betashares Australian Ex-20 Portfolio Diversifier 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 Ex-20 Portfolio Diversifier ETF was 39.55%, occurring on Mar 23, 2020. Recovery took 268 trading sessions.
The current Betashares Australian Ex-20 Portfolio Diversifier ETF drawdown is 10.81%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-39.55%Mar 2020 | 2mo | 1y 22d | 1y 2moJan 2020 - Apr 2021 | COVID crash2020 |
-18.65%Jun 2022 | 5mo 13d | 1y 9mo | 2y 2moJan 2022 - Mar 2024 | Bear market2022 |
-18.05%Dec 2018 | 3mo 25d | 5mo 3d | 8mo 28dAug 2018 - May 2019 | Rate-hike selloffLate 2018 |
-16.84%Mar 2026 | 5mo 6d | — | 9mo 2dOct 2025 - now | — |
-12.95%Apr 2025 | 2mo 3d | 1mo 9d | 3mo 12dFeb 2025 - May 2025 | 2025 selloff2025 |
Drawdown Indicators
| EX20.AX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.55% | -41.07% | +1.52% |
Max Drawdown (1Y)Largest decline over 1 year | -16.84% | -11.69% | -5.15% |
Max Drawdown (3Y)Largest decline over 3 years | -16.84% | -17.74% | +0.90% |
Max Drawdown (5Y)Largest decline over 5 years | -18.65% | -22.01% | +3.36% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.71% | — |
Current DrawdownCurrent decline from peak | -10.81% | -0.60% | -10.21% |
Average DrawdownAverage peak-to-trough decline | -5.38% | -11.02% | +5.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.57% | 4.20% | +3.37% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with EX20.AX
Add Betashares Australian Ex-20 Portfolio Diversifier ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with EX20.AX