US shares
HQUS
Betashares S&P 500 Equal Weight Currency Hedged ETF · Betashares
The same 500 leading US companies as QUS, held in roughly equal proportions, but with the currency exposure hedged back to Australian dollars.
What the fee costs you
The management fee is 0.32% a year. Here’s what that works out to in dollars:
A 0.32% yearly fee works out to about $32 a year per $10,000 invested.
A rough guide based on the headline fee only. Other costs (such as brokerage or buy/sell spreads) aren’t included.
The basics
- Issuer
- Betashares
- Asset class
- US shares
- Number of holdings
- ~500
- Where it invests
- Almost entirely the United States.
- Income paid
- Half-yearly
- Currency hedged
- Yes — It's currency-hedged back to Australian dollars, so day-to-day moves in the US dollar against the Australian dollar are largely smoothed out, leaving mainly the US market itself.
Its character
The hedged twin of QUS. Holds the same 500 US companies in roughly equal proportions — so each one sits at about the same weight rather than tilting toward the biggest, leaning much less on the handful of mega-cap tech names that dominate the usual S&P 500. The difference here is that the currency swing is hedged away.
What to keep in mind
Concentrated in one country — the United States — so it rises and falls with that market. Equal weighting gives smaller members more influence than a standard S&P 500 fund, while hedging removes most of the currency effect but not the ups and downs of the US shares themselves.
How this fund relates to others
Holds the same equal-weighted basket of 500 US companies as QUS, just currency-hedged, so the two overlap almost completely. Those names also sit inside the market-cap S&P 500 funds (IVV, IHVV).
Figures last verified 2026-06-22against the issuer’s factsheet and PDS.