Australian shares
HYLD
Betashares S&P Australian Shares High Yield ETF · Betashares
Around 50 Australian companies chosen for paying high dividends, with a screen that tries to avoid those whose payouts look unsustainable.
What the fee costs you
The management fee is 0.25% a year. Here’s what that works out to in dollars:
A 0.25% yearly fee works out to about $25 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
- Australian shares
- Number of holdings
- ~50
- Where it invests
- Entirely Australia.
- Income paid
- Monthly
- Currency hedged
- N/A — It holds Australian companies priced in Australian dollars, so there's no foreign-currency exposure to hedge.
Its character
Built around income: it tilts toward companies that pay larger dividends, which in Australia means a heavy lean to the banks and financials, with a solid slice of miners and energy. It screens out 'dividend traps' — companies whose high yield may not last — rather than simply buying the highest-yielding names.
What to keep in mind
Chasing higher income concentrates it in a few dividend-paying sectors, especially financials, so it's less spread out than a broad market fund and moves more with how those sectors do. It pays income monthly, more often than most Australian share funds.
Income
It targets high, franked Australian dividends — franking credits are tax already paid by the company that can reduce the tax an Australian investor owes on that income.
How this fund relates to others
Its income tilt concentrates it in the big banks and large dividend payers, so it overlaps heavily with other Australian income funds like VHY and with the financials-heavy top of broad funds like A200, IOZ and VAS.
Figures last verified 2026-06-22against the issuer’s factsheet and PDS.