- Issuer
- BetaShares
- Inception Date
- Jul 27, 2016
- Category
- Global Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Betashares Global Gold Miners Currency Hedged Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
Share Price Chart
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Performance
MNRS.AX Performance Chart
Betashares Global Gold Miners Currency Hedged ETF (MNRS.AX) is down 15.4% since the beginning of the year. MNRS.AX is currently trading at A$12 per share. Investors who bought A$1,000 worth of MNRS.AX shares 5 years ago would now be looking at an investment worth A$2,124.
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Returns By Period
Betashares Global Gold Miners Currency Hedged ETF (MNRS.AX) has returned -15.43% so far this year and 39.76% over the past 12 months.
Betashares Global Gold Miners Currency Hedged ETF
- 1D
- -0.33%
- 1M
- -11.41%
- 6M
- -25.22%
- YTD
- -15.43%
- 1Y
- 39.76%
- 3Y*
- 34.79%
- 5Y*
- 16.26%
- 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%
MNRS.AX Monthly Returns History
Based on dividend-adjusted daily data since Jul 27, 2016, MNRS.AX's average daily return is +0.06%, while the average monthly return is +1.24%. At this rate, an investment would double in approximately 4.7 years.
Historically, 55% of months were positive and 45% were negative. The best month was Apr 2020 with a return of +39.4%, while the worst month was Mar 2026 at -21.6%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.
On a daily basis, MNRS.AX closed higher 45% of trading days. The best single day was Mar 24, 2020 with a return of +16.6%, while the worst single day was Mar 19, 2020 at -15.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 17.25% | 10.03% | -21.59% | -3.22% | 0.78% | -12.56% | -1.96% | -15.43% | |||||
| 2025 | 14.06% | 0.00% | 17.12% | 1.83% | 3.35% | 5.09% | 3.74% | 15.18% | 27.93% | -7.28% | 12.67% | 7.93% | 154.64% |
| 2024 | -10.02% | -7.01% | 17.96% | 11.09% | 4.57% | -3.56% | 9.02% | 1.25% | 4.31% | 7.98% | -8.48% | -7.77% | 16.03% |
| 2023 | 6.43% | -13.30% | 16.73% | 3.24% | -9.26% | -6.01% | 3.68% | -2.24% | -8.03% | 4.37% | 7.17% | 0.19% | -0.92% |
| 2022 | -7.91% | 16.82% | 2.82% | -5.18% | -7.87% | -12.02% | -6.73% | -3.82% | 2.21% | 3.67% | 11.25% | 1.87% | -8.42% |
| 2021 | -6.90% | -2.72% | -1.48% | 6.19% | 10.87% | -11.93% | 6.24% | -6.72% | -10.39% | 10.28% | 0.85% | -0.17% | -8.79% |
Benchmark Metrics
Betashares Global Gold Miners Currency Hedged ETF has an annualized alpha of 11.78%, beta of 0.11, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since July 27, 2016.
- This ETF captured 15.64% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -21.13%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.11 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.
- Alpha
- 11.78%
- Beta
- 0.11
- R²
- 0.00
- Upside Capture
- 15.64%
- Downside Capture
- -21.13%
Return for Risk
Risk / Return Rank
MNRS.AX ranks 27 for risk / return — below 27% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Betashares Global Gold Miners Currency Hedged ETF (MNRS.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.
| MNRS.AX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.24 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.09 | 1.11 | -0.02 |
| Martin ratioReturn relative to average drawdown | 2.39 | 3.10 | -0.71 |
Dividends
Dividend History
Betashares Global Gold Miners Currency Hedged ETF provided a 9.30% dividend yield over the last twelve months, with an annual payout of A$1.13 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | A$1.13 | A$0.02 | A$0.08 | A$0.00 | A$0.00 | A$0.19 | A$0.16 |
Dividend yield | 9.30% | 0.15% | 1.30% | 0.00% | 0.00% | 3.25% | 2.31% |
Monthly Dividends
The table displays the monthly dividend distributions for Betashares Global Gold Miners Currency Hedged 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$1.13 | A$1.13 | |||||
| 2025 | A$0.02 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.02 |
| 2024 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.08 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.08 |
| 2023 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 |
| 2022 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 |
| 2021 | A$0.02 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.18 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.19 |
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 Global Gold Miners Currency Hedged 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 Global Gold Miners Currency Hedged ETF was 47.71%, occurring on Sep 11, 2018. Recovery took 365 trading sessions.
The current Betashares Global Gold Miners Currency Hedged ETF drawdown is 36.46%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-47.71%Sep 2018 | 2y 1mo | 1y 5mo | 3y 6moAug 2016 - Feb 2020 | Rate-hike selloffLate 2018 |
-46.60%Sep 2022 | 2y 1mo | 2y 5mo | 4y 7moAug 2020 - Mar 2025 | Bear market2022 |
-36.82%Jun 2026 | 3mo 10d | — | 4mo 15dMar 2026 - now | — |
-35.16%Mar 2020 | 20d | 1mo | 1mo 20dFeb 2020 - Apr 2020 | COVID crash2020 |
-20.84%Feb 2026 | 3d | 25d | 28dJan 2026 - Feb 2026 | — |
Drawdown Indicators
| MNRS.AX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.71% | -41.07% | -6.64% |
Max Drawdown (1Y)Largest decline over 1 year | -36.82% | -11.69% | -25.13% |
Max Drawdown (3Y)Largest decline over 3 years | -36.82% | -17.74% | -19.08% |
Max Drawdown (5Y)Largest decline over 5 years | -38.59% | -22.01% | -16.58% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.71% | — |
Current DrawdownCurrent decline from peak | -36.46% | -0.60% | -35.86% |
Average DrawdownAverage peak-to-trough decline | -23.39% | -11.02% | -12.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.97% | 4.20% | +12.77% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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