Highlights

  • OZXX aims to track the Solactive Australia ex Financials, Materials and Energy Capped index before fees and expenses.
  • The portfolio listing contained 100 companies, with the ten largest holdings representing 55.43%.
  • CSL, Wesfarmers and Telstra were the largest positions at 11.61%, 8.54% and 7.11%.
  • Management fees and costs were listed at 0.25%, with fund size of AUD 6.83 million.

Global X Australia ex Financials & Resources ETF (ASX:OZXX) provides an Australian Equity allocation built around a benchmark excluding financials, materials and energy under its index classification rules. It aims to track the Solactive Australia ex Financials, Materials and Energy Capped Index before fees and expenses. At the time of writing on 6 November 2026, OZXX was trading at AUD 10.48. Its leading holdings include healthcare, retail, telecommunications and infrastructure businesses.

Index exclusions change the company mix

OZXX’s mandate removes several sectors that carry substantial influence in the wider Australian share market. This changes the pool of eligible companies and gives the remaining businesses a different role in the resulting portfolio. The strategy’s defining feature is therefore its exclusion framework, rather than an objective to represent every major Australian industry.

The fund’s benchmark applies its own sector definitions and a capped index structure. The exclusions should be interpreted under those rules rather than assumed to match every other classification system. A portfolio focused on the remaining sectors continues to carry equity Market Risk and can develop concentrations of its own.

Healthcare consumer and infrastructure holdings

CSL was the largest position at 11.61%, followed by Wesfarmers at 8.54%, Telstra at 7.11% and Woolworths at 6.28%. Transurban represented 5.46%, Aristocrat Leisure 4.29%, Coles 4.01% and Brambles 3.45%. Computershare and APA Group completed the ten largest holdings.

Those ten positions represented 55.43% of the fund. The portfolio listing contained 100 companies, but a small group of major businesses still accounts for more than half of the allocation. Their activities create exposure to different parts of the economy from a bank- or mining-heavy portfolio, while company-specific developments remain capable of influencing the fund’s value.

Portfolio structure costs and distributions

The asset allocation was 99.36% equities and 0.64% cash. Companies above AUD 1 billion represented 93.44% of the Market Capitalisation breakdown. Geographic exposure was reported as 99.70% Australia and 0.30% United States. These figures show a predominantly large company Australian share allocation within the narrower sector universe.

Management fees and costs were listed at 0.25%. An interim distribution of AUD 0.093 per unit had an ex-distribution date of 2 October 2026, a Record Date of 5 October and payment on 19 October. Future amounts can vary. Excluding selected industries changes exposure, but does not remove the effects of market movements, valuation changes or concentration in the remaining companies.

Key Insights

OZXX reshapes Australian share exposure through index exclusions and a portfolio led by healthcare, consumer and infrastructure-related holdings. Its different company mix can be described precisely through the mandate and holdings, while the concentration of the ten largest positions remains material.