Key Highlights

  • The fund invests in Australian shares and trusts listed on the ASX, weighted toward companies expected to pay high dividends.
  • Financial services are the largest sector at 38.93 percent, compared with 34.37 percent for the category.
  • Consumer cyclical stocks are 12.11 percent of the portfolio, against 6.01 percent for the category.
  • Management fees and costs are 0.34 percent, and the annual Yield is 3.93 percent.

The Russell High Dividend Australian Shares ETF (ASX:RDV) seeks to track the Russell Australia High Dividend index by investing predominantly in Australian shares and trusts listed on the ASX. On 4 November 2026 the units were quoted at $35.00, down 46 cents or about 1.3 percent from the previous close of $35.46. The fund was admitted on 14 May 2010 and sits in the Equity Australia Equity Income category.

Fund detail

Information

Ticker

ASX:RDV

Benchmark

Russell Australia High Dividend TR AUD

Category

Equity Australia Equity Income

Admitted

14 May 2010

Management fees and costs

0.34%

Fund size

$356.05 Million

Units outstanding

10,040,947

Annual yield

3.93%

Last price (4 November 2026)

$35.00

Total fund holdings

50 companies

ISIN

AU000000RDV7

Index design and costs

The index is weighted toward companies expected to make high dividend payments. The fund invests predominantly in Australian shares and trusts, and the listing reports no cash holding.

Management fees and costs are 0.34 percent, and 99.75 percent of holdings are above one billion dollars in market capitalisation. The listing reports a Turnover ratio of 27.39 percent.

Sector and country weighting

Financial services account for 38.93 percent of the fund. Consumer cyclical stocks are 12.11 percent, well above the category figure of 6.01 percent. Real estate is 7.37 percent against 3.38 percent, and utilities 6.33 percent against 2.02 percent.

Basic materials are 8.14 percent against 19.89 percent for the category, while technology is not represented.

Largest holdings

Commonwealth Bank of Australia leads at 6.89 percent, followed by BHP Group at 6.22 percent and ANZ at 4.99 percent. Suncorp, Westpac, National Australia Bank, Steadfast, Telstra, Medibank and APA Group complete the top ten.

The ten largest holdings make up 46.70 percent of the fund, with the remaining 53.29 percent spread across the other 40 holdings.

Final Word

The fund's profile is weighted toward financial services and consumer cyclical companies, with an allocation to listed trusts and infrastructure. Its 0.34 percent fee and 3.93 percent annual yield are the main figures on the listing, and the holdings follow the index design.