BHP at the Core: How Betashares QRE (ASX:QRE) Is Weighted Across Resources

Sonal Goyal

28 October 2026 12:31 PM AEDT

BHP at the Core: How Betashares QRE (ASX:QRE) Is Weighted Across Resources

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Key Highlights

Betashares Australian Resources Sector ETF (ASX:QRE) aims to track the Solactive Australia Resources Sector Index.
The fund holds 55 companies, with BHP Group Limited the largest position at 40.45%.
The fund has a management fee of 0.34% and a fund size of $420.37 million.

As of 27 October, Betashares Australian Resources Sector ETF (ASX:QRE) holds 55 companies and manages $420.37 million. It has traded since 15 December 2010 and charges 0.34%.

Key Fact	Detail
Fund	Betashares Australian Resources Sector ETF
ASX code	QRE
Issuer	Betashares
Category	Equity Australia Other
Benchmark	Solactive Aus Resources Sector TR AUD
ISIN	AU000000QRE5
Admitted to the ASX	15 December 2010
Fund size	$420.37 million
Management fee	0.34%
Holdings	55 companies
Latest distribution	Final, $0.119 per unit (ex-date 1 Jul 2026; payment 16 Jul 2026)

One Dominant Holding

BHP Group alone is 40.45% of the portfolio. Rio Tinto (7.41%), Woodside Energy (7.38%), Northern Star Resources (3.88%), Evolution Mining (3.60%), Fortescue (3.35%), Santos (3.17%), South32 (2.77%), Origin Energy (2.38%) and PLS Group (2.02%) complete the top ten, which together account for 76.45%.

Sector and Geography

Basic materials make up 82.70% of the fund, energy 14.92% and utilities 2.38%. Exposure is 96.51% Australia, with the United States at 2.20%, the United Kingdom at 0.73% and Canada at 0.56%. The turnover ratio is 5.27%, and 97.59% of the portfolio is above $1 billion in market capitalisation.

Latest Payment Details

Under the latest distribution announcement, $0.119 per unit (final) is payable on 16 July 2026 to holders on the record date of 2 July 2026, following an ex-date of 1 July 2026.

Regulatory Notices

Notices lodged recently include estimated annual distribution component information on 8 July 2026, an annual report on 25 September and a units on issue disclosure for September 2026 on 6 October.

Understanding the Category

Betashares Australian Resources Sector ETF is classified as Equity Australia Other. Funds in this category invest almost exclusively in Australian companies, with less than 20% of the portfolio in assets other than equities. They may have a bias towards style and size characteristics, or be defined by a single sector exposure.

Benchmark Background

The Solactive Aus Resources Sector TR AUD index is the fund's benchmark. The fund has been listed since 15 December 2010, a period of about 16 years. Betashares is the issuer, and the ISIN is AU000000QRE5. The fee is 0.34%.

Weight of the Largest Positions

The top five holdings add up to 62.72% of the portfolio, with BHP Group Limited the largest at 40.45%.

Distribution Dates Explained

Distributions follow a set sequence. Units go ex-distribution first, the record date then fixes who is entitled, and payment follows on the payment date.

Final Takeaway

QRE concentrates in Australian miners and energy producers, with BHP carrying the largest weight by far. The latest distribution was a final payment of $0.119 per unit on 16 July 2026.

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