What Sits Inside ETFS US Quality ETF (ASX:BEST)? Microsoft, Apple and NVIDIA Lead a 101-Stock Portfolio

Sonal Goyal

28 October 2026 12:33 AM AEDT

What Sits Inside ETFS US Quality ETF (ASX:BEST)? Microsoft, Apple and NVIDIA Lead a 101-Stock Portfolio

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Key Highlights

ETFS US Quality ETF (ASX:BEST) gives exposure to 100 large US companies selected on free cash flow margin and free cash flow return on invested capital.
Microsoft (11.67%), Apple (10.82%) and NVIDIA (10.57%) are the largest of 101 holdings, and the top ten make up 66.12% of the portfolio.
Technology is the largest sector at 56.50%, followed by financial services at 15.58% and communication services at 15.12%.

ETFS US Quality ETF (ASX:BEST) is an exchange traded fund that gives investors exposure to 100 large US companies with quality characteristics as determined by its index provider. The fund, classified as Equity North America, is benchmarked to the Solactive US Quality Cash Flow NR USD index and carries a management fee of 0.29%. This article looks at how quality is defined, what the fund holds and how it distributes income.

Exposure and Investment Approach

The index provider defines quality using two measures: free cash flow margin and free cash flow return on invested capital. The resulting portfolio contains 101 holdings, and the fund was admitted to the ASX on 19 November 2025.

Portfolio Composition

The fund holds 101 holdings. Its largest positions are Microsoft Corporation (11.67%), Apple Inc. (10.82%), NVIDIA Corporation (10.57%), Broadcom Inc (7.93%), Meta Platforms Inc (5.96%), and the top ten holdings together account for 66.12% of the portfolio.

The remaining top ten positions are Alphabet Inc. (4.91%), Alphabet Inc. (4.23%), Visa Inc. (3.76%), Mastercard Incorporated (3.12%), JPMorgan Chase & Co (3.11%).

By sector, the portfolio is allocated as follows: Technology 56.50%, Financial Services 15.58%, Communication Services 15.12%, Healthcare 5.81%, Consumer Defensive 2.51%, Consumer Cyclical 2.05%, Real Estate 1.66%, Industrials 0.64%.

By size, 99.72% of the portfolio is in companies above $1 billion in market capitalisation. Geographic exposure is United States (99.22%), with small allocations to Switzerland (0.42%) and Brazil (0.36%).

Key Features to Understand

The portfolio is heavily weighted towards a handful of large technology and communication companies, and the top ten holdings account for 66.12% of the fund. Market capitalisation is concentrated at the larger end, with 99.72% of the portfolio in companies above $1 billion. Geographic exposure is almost entirely the United States.

Distribution Details

The fund's most recent recorded distribution was a final distribution of $0.414 per unit, with an ex-date of 30 June 2026, a record date of 1 July 2026 and payment on 17 July 2026.

Fund Details at a Glance

Fund name: ETFS US Quality ETF (ASX:BEST)
Issuer: ETFS (etfshares.com.au)
Category: Equity North America
Benchmark: Solactive US Quality Cash Flow NR USD
Admitted to the ASX: 19 November 2025
Management fee: 0.29%
ISIN: AU0000393381

Recent Announcements

Recent announcements include an annual report lodged on 29 September 2026, a notice of change of auditor on 17 August 2026 and monthly units on issue and fund flows reports.

Final Takeaway

ETFS US Quality ETF offers a 101-stock portfolio of large US companies chosen on free cash flow measures, with technology the largest sector at 56.50% and a 0.29% management fee. The fund's most recent distribution was a final distribution of $0.414 per unit, paid on 17 July 2026.

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