Highlights

  • OZR seeks to track the S&P/ASX 200 Resources index before fees and expenses.
  • Basic materials accounted for 83.81% and energy 15.65% of sector exposure.
  • BHP was weighted at 38.99%, with the top ten holdings representing 75.48%.
  • Management fees and costs were listed at 0.34%, with fund size of AUD 270.85 million.

State Street SPDR S&P/ASX 200 Resources ETF (ASX:OZR) provides exposure to resources equities through the S&P/ASX 200 Resources Index. The fund seeks to track its benchmark before fees and expenses. At the time of writing on 6 November 2026, OZR was trading at AUD 16.63. Materials and energy account for almost all of its sector allocation, with BHP carrying a substantially larger weight than the other leading positions.

A resources Equity mandate with shared industry risks

OZR’s exposure comes through listed companies rather than direct ownership of physical commodities. The underlying businesses are affected by their production assets, operating costs and Capital allocation, as well as the markets for the resources they produce. Their share prices can therefore move differently from individual Commodity prices.

Basic materials represented 83.81% of sector exposure and energy 15.65%, with industrials accounting for 0.53%. The portfolio listing contained 64 holdings. This provides company breadth within resources, but the common industry focus leaves several holdings exposed to similar demand, pricing and financing conditions.

BHP and other major resource companies

BHP was the largest holding at 38.99%, followed by Rio Tinto at 7.83% and Woodside Energy at 7.63%. Northern Star Resources represented 4.45%, Santos 3.53%, Fortescue 3.45% and Evolution Mining 3.42%. South32, BlueScope Steel and Lynas Rare Earths completed the ten largest positions.

These holdings represented 75.48% of the portfolio. The size of the BHP allocation makes individual company exposure a central feature of OZR, alongside its sector mandate. The remaining companies extend the mix of resources businesses but have a smaller combined influence than the leading positions.

Geographic allocation costs and distributions

Geographic exposure was 96.73% Australia, 1.96% United States, 0.72% United Kingdom and 0.59% Canada. Companies above AUD 1 billion represented 96.54% of the Market Capitalisation breakdown. The portfolio therefore has a predominantly large company profile despite including a wider set of resources issuers.

Management fees and costs were listed at 0.34%. The final distribution was AUD 0.218 per unit, with an ex-distribution date of 29 June 2026, a Record Date of 30 June and payment on 13 July. Future amounts can vary. Commodity conditions, operational developments and leading issuer concentration can affect the fund alongside general equity market movements.

Key Insights

OZR combines a materials-heavy allocation with meaningful energy exposure and a dominant BHP position. Its wider company list provides additional resources exposure, while the weight distribution keeps the largest issuers central. The portfolio remains a targeted sector allocation with common industry risks.