Key Highlights

  • The Betashares Australian Small Companies Select ETF (ASX:SMLL) uses full replication of the Nasdaq Australia Small Cap Select index.
  • The fund holds 59 companies, with the ten largest accounting for 41.97% of the portfolio.
  • The fund size was $376.48 million, and the Turnover ratio is recorded at 50.10%.
  • Units were priced at $4.52, up 0.66% on the trading day.

The Betashares Australian Small Companies Select ETF (ASX:SMLL) is a passively managed fund that gives exposure to smaller companies listed on the Australian Securities Exchange. As of 11 November 2026, the units were priced at $4.52, rising 3 cents or 0.66% on the day, and the fund size was $376.48 million. The fund holds 59 companies and was admitted to the ASX on 11 April 2017. The fund's passive design means its holdings are set by the index rules, and its size and trading activity reflect the flow of units and the changes made when the index is reviewed.

Ticker

ASX:SMLL

Category

Equity Australia Mid/Small Blend

Benchmark

Nasdaq Australia Small Cap Select TR AUD

Admitted to ASX

11 April 2017

Last price

$4.52 (+0.66%)

Fund size

$376.48 million

Total holdings

59 companies

Top 10 holdings share

41.97%

Turnover ratio

50.10%

Passive Approach

The Responsible Entity uses a passive management approach designed to track the performance of the index before fees and expenses. The fund generally invests in the index securities in proportion to their weightings in the index.

This method is known as full replication, meaning the fund holds the securities that make up the index directly. Changes to the index are reflected in the fund's holdings through the normal Rebalancing process.

The objective is therefore tied to the index's construction, and the manager's role is to implement the index rules rather than select holdings independently.

Proportional weighting means each company's share of the portfolio matches its share of the index. This keeps the fund's exposure aligned with the benchmark structure rather than with a separate selection process.

Portfolio and Category

The fund holds 59 companies. The ten largest accounted for 41.97% of the fund, and the remaining 58.03% is spread across the other holdings.

The turnover ratio of 50.10% reflects the trading required to maintain full replication as index constituents and weights change. The fund's category is Equity Australia Mid/Small Blend, and its benchmark is the Nasdaq Australia Small Cap Select Total Return index in Australian dollars.

Index reviews and constituent changes require the fund to buy and sell holdings. The turnover ratio of 50.10% reflects this activity over the period, and the disclosures set out the changes made.

Listing and Distributions

The fund was admitted to the ASX on 11 April 2017. Its distribution history lists payments for July 2026, January 2026, July 2025, January 2025 and July 2024 in its regular reporting.

On the trading day, the units recorded a Volume of 95,400 and were quoted within a bid-offer range of $4.52 to $4.75.

The category Equity Australia Mid/Small Blend covers funds investing across mid and small companies. The benchmark's small cap focus is the feature that defines the fund's coverage within that category.

Final Word

The fund offers passive exposure to a group of Australian small companies through full replication of its index. Its holdings count, turnover ratio and fund size provide the core reference points, and readers can follow the regular disclosures for updated portfolio detail. The passive design, holdings count and fund size together give readers a clear factual base, and the periodic disclosures will show how the portfolio changes as the index evolves.