Key Highlights

  • Betashares Australian Ex-20 Portfolio Diversifier ETF (ASX:EX20) is listed in the Equity Australia Large Blend category with a fund size of $664.52 million and a management fee of 0.25%.
  • The largest sector weighting is Basic Materials at 31.34%, with stock making up 100.00% of reported asset allocation.
  • The latest final distribution is $0.353 per unit, with a payment date of 16 Jul 2026.

Introduction: Fund Overview

Betashares Australian Ex-20 Portfolio Diversifier ETF (ASX:EX20) is an exchange traded fund listed on the ASX within the Equity Australia Large Blend category. It was admitted to the exchange on 07 October 2016, and its benchmark is the Solactive Australia ex 20 TR AUD. The underlying index provides exposure to approximately 180 of the largest securities in Australia after excluding the 20 largest by free float-adjusted market capitalisation, and the fund adopts a full replication strategy.

The management fee listed for the fund is 0.25%. The fund’s head office is listed in Sydney. The sections below walk through the latest trading snapshot, portfolio composition, distribution information, risk measures and recent announcements for the fund.

Latest Trading Snapshot

The last price was $21.98, lower by $0.01 or 0.09% on the session, against a previous close of $22.00. Trading volume stood at 56,092 units, with a bid and offer range of $21.80 to $22.15. The day range was $21.97 - $22.08. Average volume is shown as 51,288 units. On size, the fund size is $664.52 million and units outstanding total 30,205,660. Prices are delayed by at least 20 minutes.

Portfolio Composition and Allocation

Asset allocation data lists stock at 100.00%. Morningstar sector data shows the largest weightings in Basic Materials (31.34%), Financial Services (15.44%) and Healthcare (9.28%). Compared with the category average, the largest overweight among the sectors listed is Basic Materials, at 31.34% against 26.24%. The largest underweight is Financial Services, at 15.44% against 30.04% for the category.

By geography, Australia accounts for 88.76%, United States accounts for 7.44%, New Zealand accounts for 1.52% and United Kingdom accounts for 1.48%. The fund has 179 total holdings. The holdings listed include Northern Star Resources (3.26%), Evolution Mining (3.03%), South32 (2.33%), Computershare (2.08%) and Suncorp Group (2.01%). The top ten holdings together represent 22.07% of the portfolio. The reported turnover ratio is 24.35%.

Distribution Information

The most recent distribution listed is a final distribution of $0.353 per unit, with an ex-date of 01 Jul 2026, a record date of 02 Jul 2026 and a payment date of 16 Jul 2026. The annual yield is shown as 2.84%. The distribution chart lists July 2026 ($0.353), January 2026 ($0.272), July 2025 ($0.582), January 2025 ($0.255) and July 2024 ($0.315). The latest payment is higher than the one before it, a reminder that amounts vary between periods.

Risk Measures and Recent Announcements

The fund has a beta of 0.94, a beta below 1, indicating lower sensitivity to market moves than the broader market on that measure, alongside a standard deviation of 13.12. Recent announcements include Units on Issue Disclosure - September 2026 (06/10/2026), Annual Report (25/09/2026) and Product Disclosure Statement (18/09/2026).

Category and Market Context

The Equity Australia Large Blend category sits within a market where banks and miners carry large weights. For that reason, comparing a fund with its category on sector exposure, number of holdings and top-holding concentration helps explain why two Australian equity ETFs can behave differently even when both hold mainly domestic shares.

Key Risks and Considerations

Market risk applies to any equity fund, and concentration in particular sectors can add to it. Here, Basic Materials and Financial Services together make up 46.78% of the sector weightings listed. Index-based and active funds also carry different forms of strategy risk, and distributions can change from period to period.

What to Watch Ahead

Items that readers following Betashares Australian Ex-20 Portfolio Diversifier ETF (ASX:EX20) may track include the next monthly units-on-issue disclosure, distribution announcements and any portfolio or investment updates from the manager. Changes in the sector and asset mix, trading volumes and the fund’s size over time will also show how the portfolio is evolving. This article is informational and does not constitute investment advice.

The Bottom Line

Betashares Australian Ex-20 Portfolio Diversifier ETF (ASX:EX20) is a Equity Australia Large Blend fund admitted to the ASX on 07 October 2016, with the latest ASX data showing a last price of $21.98 and a move of -0.09% on the session, a portfolio led by basic materials at 31.34%, and a latest final distribution of $0.353 per unit. Reading these figures alongside the fund’s category, fee, structure and risk measures gives a fuller picture of how the ETF is built and how it has been trading.