Key Highlights

  • The Betashares Australia 200 Fundamental Value ETF (ASX:QOZ) weights companies using four fundamental measures of firm size.
  • The four measures are sales, cash flow, Book Value and dividends.
  • The fund holds 196 companies and had a fund size of $1.51 billion.
  • Units were priced at $19.99, up 0.15% on the trading day.

The Betashares Australia 200 Fundamental Value ETF (ASX:QOZ) is an index-based fund that selects and weights large Australian companies using fundamental measures rather than market capitalisation. As of 11 November 2026, the units were priced at $19.99, rising 3 cents or 0.15% on the day, and the fund size was $1.51 billion. The fund holds 196 companies and was admitted to the ASX on 11 July 2013. The fund's fundamental weighting design means its composition is determined by the index rules, and its holdings reflect Business size measures rather than share prices.

Ticker

ASX:QOZ

Category

Equity Australia Large Value

Benchmark

FTSE RAFI Australia 200 TR AUD

Admitted to ASX

11 July 2013

Last price

$19.99 (+0.15%)

Fund size

$1.51 billion

Total holdings

196 companies

Top 10 holdings share

49.47%

Turnover ratio

8.99%

Fundamental Weighting

The index's constituents are selected and weighted based on measures of the fundamental size of each company, rather than on market capitalisation. The design sets the weights based on the company's underlying business size.

Four fundamental measures of firm size are used: sales, cash flow, book value and dividends. Each measure contributes to the position a company holds within the index.

Because weights are not tied to share price, the index can give a different allocation from one based on market value.

Sales, cash flow, book value and dividends are measured for each company and then combined to set the company's weight in the index. The combined measure is designed to reflect the scale of the underlying business.

Portfolio and Method

The fund uses a full replication strategy, meaning the portfolio holds the securities of the index in line with their weights. The fund holds 196 companies, and the ten largest accounted for 49.47% of the fund.

The remaining 50.52% is spread across the other holdings. The Turnover ratio of 8.99% reflects the trading needed to keep the holdings aligned with the index rules.

Full replication means the fund holds the index securities in line with their weights. As the fundamental measures are updated, the weights and holdings change, which is reflected in the turnover ratio of 8.99%.

Category and Trading

The fund is categorised as Equity Australia Large Value, and its benchmark is the FTSE RAFI Australia 200 Total Return index in Australian dollars. The fund was admitted to the ASX on 11 July 2013.

On the trading day, the units recorded a Volume of 118,718 and were quoted within a bid-offer range of $19.90 to $20.05.

The FTSE RAFI Australia 200 benchmark sets the reference for the fund's construction, and the large value category label describes the group of companies the index covers.

Final Word

The fund applies fundamental weighting to 196 large Australian companies, using sales, cash flow, book value and dividends as its size measures. Its benchmark, category and fund size provide the factual reference points for readers reviewing the product. The fundamental weighting approach, portfolio size and benchmark design give readers a clear set of reference points, and the periodic disclosures show how the portfolio develops as the measures are updated.