BANK
Fixed IncomeAustralian Bank Credit ETF
About this ETF
Aims to track an index of Australian major bank debt across the capital structure excluding shares - senior bonds, subordinated Tier 2 debt and Additional Tier 1 hybrid securities - before fees and expenses.
IssuerGlobal X
Management fee (MER)0.25% p.a.
Inception date22 Jul 2024
BenchmarkSolactive Australian Bank Credit Index
Scout Score
39/100
Ranked #45 of 58 in Fixed IncomeAn independent score calculated by ETF Scout across 7 real-data factors (cost, diversification, tracking, liquidity, fund strength, performance, income), ranked against other funds in the same category.
Cost35
Diversification55
Tracking25
Liquidity39
Fund Strength31
Performance—
Income82
Strengths
- Attractive yield — 5.20%, higher than 82% of Fixed Income peers.
Weaknesses
- Wider index tracking — 3.14% tracking error, looser than 75% of Fixed Income peers.
- Small fund — $189M in assets, smaller than 69% of Fixed Income funds, which can mean wider spreads.
- Higher fee — 0.25% p.a., more expensive than 65% of Fixed Income funds.
Performance (as of 5 Nov 2026)
Total returns, net of fees. Periods longer than 1 year are annualised.
1 Month+0.73%
3 Months+0.63%
YTD+3.36%
1 Year+3.67%
Price history
Cumulative return over the selected period, indexed to 0% at the start of the range.