How Concentrated Is Betashares Australian Resources Sector ETF (ASX:QRE) in BHP and Other Miners?

Sonal Goyal

28 October 2026 01:00 AM AEDT

How Concentrated Is Betashares Australian Resources Sector ETF (ASX:QRE) in BHP and Other Miners?

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Key Highlights

Betashares Australian Resources Sector ETF (ASX:QRE) aims to track the Solactive Australia Resources Sector Index, before taking into account fees and expenses.
BHP Group is 40.45% of the portfolio, and the top ten holdings account for 76.45% of 55 companies.
Fund size is $420.37 million and the management fee is 0.34%.

Betashares Australian Resources Sector ETF (ASX:QRE) is an exchange traded fund whose investment objective is to provide a return that tracks the performance of the Solactive Australia Resources Sector Index, before taking into account fees and expenses. Admitted to the ASX on 15 December 2010, the fund has a fund size of $420.37 million and a management fee of 0.34%. This article covers its holdings, sector mix and distributions.

Exposure and Investment Approach

The fund is categorised as Equity Australia Other, a category whose funds invest almost exclusively in Australian companies and may be defined by a single sector exposure. QRE holds 55 companies, with a turnover ratio of 5.27%.

Portfolio Composition

The fund holds 55 companies. Its largest positions are BHP Group Limited (40.45%), Rio Tinto Limited (7.41%), Woodside Energy Group Ltd (7.38%), Northern Star Resources Ltd (3.88%), Evolution Mining Limited (3.60%), and the top ten holdings together account for 76.45% of the portfolio.

The other largest positions are Fortescue Ltd (3.35%), Santos Limited (3.17%), South32 Limited (2.77%), Origin Energy Limited (2.38%), PLS Group Limited (2.02%).

By sector, the portfolio is allocated as follows: Basic Materials 82.70%, Energy 14.92%, Utilities 2.38%.

By size, 97.59% of the portfolio is in companies above $1 billion, 2.31% between $500 million and $1 billion and 0.10% below $500 million. Geographic exposure is Australia (96.51%), the United States (2.20%), the United Kingdom (0.73%) and Canada (0.56%).

Key Features to Understand

Basic materials account for 82.70% of the portfolio, energy for 14.92% and utilities for 2.38%. BHP Group alone is 40.45%, followed by Rio Tinto (7.41%), Woodside Energy (7.38%), Northern Star Resources (3.88%) and Evolution Mining (3.60%). Geographic exposure is 96.51% Australia, with smaller allocations to the United States and the United Kingdom.

Distribution Details

The fund's most recent recorded distribution was a final distribution of $0.119 per unit, with an ex-date of 1 July 2026, a record date of 2 July 2026 and payment on 16 July 2026.

Fund Details at a Glance

Fund name: Betashares Australian Resources Sector ETF (ASX:QRE)
Issuer: Betashares
Category: Equity Australia Other
Benchmark: Solactive Aus Resources Sector TR AUD
Admitted to the ASX: 15 December 2010
Fund size: $420.37 million
Management fee: 0.34%
ISIN: AU000000QRE5

Recent Announcements

Recent announcements 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.

Final Takeaway

Betashares Australian Resources Sector ETF holds 55 ASX-listed resources companies, with BHP making up around two-fifths of the portfolio. Its most recent distribution was a final distribution of $0.119 per unit, paid on 16 July 2026.

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