US shares
QUS
Betashares S&P 500 Equal Weight ETF · Betashares
The 500 leading companies in the US S&P 500 index, but held in roughly equal proportions rather than sized by how big each company is.
What the fee costs you
The management fee is 0.29% a year. Here’s what that works out to in dollars:
A 0.29% yearly fee works out to about $29 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
- No — It's unhedged, so for an Australian investor the value also moves with the US dollar against the Australian dollar, on top of the US market itself.
Its character
Holds the same 500 US companies as a standard S&P 500 fund, but 'equal weight' means each one sits at roughly the same proportion rather than tilting toward the biggest. So it leans much less on the handful of mega-cap tech names that dominate the usual S&P 500, and spreads more evenly across the smaller members and other sectors.
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, which can make it behave quite differently at times.
How this fund relates to others
Holds the same 500 US companies as the market-cap S&P 500 funds (IVV, IHVV), so the holdings overlap almost completely while the proportions differ sharply — it leans far less on the largest few. HQUS is its currency-hedged twin.
Figures last verified 2026-06-22against the issuer’s factsheet and PDS.