FSUB
Fixed IncomeVanEck Australian Fixed Rate Subordinated Debt ETF
About this ETF
Each Fund aims to provide investment returns before fees and other costs which track the performance of its Reference Index in Australian dollars.
IssuerVanEck
Management fee (MER)0.29% p.a.
Inception date12 Dec 2025
BenchmarkiBoxx AUD Fxd IG Sbrdntd Dbt Md P TR AUD
Scout Score
33/100
Ranked #53 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.
Cost25
Diversification37
Tracking—
Liquidity61
Fund Strength22
Performance—
Income18
Strengths
No standout strengths relative to category peers.
Weaknesses
- Below-average yield — 0.00%, lower than 82% of Fixed Income peers.
- Small fund — $120M in assets, smaller than 78% of Fixed Income funds, which can mean wider spreads.
- Higher fee — 0.29% p.a., more expensive than 75% of Fixed Income funds.
Performance (as of 31 Oct 2026)
Total returns, net of fees. Periods longer than 1 year are annualised.
1 Month+0.82%
3 Months-0.34%
YTD+1.87%
Price history
Cumulative return over the selected period, indexed to 0% at the start of the range.
Top holdings (as of 4 Nov 2026)
The fund's largest individual holdings, ranked by portfolio weight.
- 1.Australia & New Zealand Banking Group L (AU3CB0311561)5.01%
- 2.
Commonwealth Bank of Australia (AU3CB0297653)4.77%
- 3.
Westpac Banking Corp (AU3CB0304376)4.15%
- 4.
- 5.
- 6.
National Australia Bank Ltd (AU3CB0324226)3.82%
- 7.Australia & New Zealand Banking Group L (AU3CB0291466)3.82%
- 8.
- 9.
- 10.
- 11.Australia & New Zealand Banking Group L (AU3CB0296671)2.77%
- 12.
- 13.
- 14.
Credit Agricole SA2.54%
- 15.Australia & New Zealand Banking Group L (AU3CB0292472)2.47%
- 16.
- 17.
- 18.Australia & New Zealand Banking Group L (AU3CB0305928)2.25%
- 19.
HSBC Holdings plc (AU3CB0307890)2.14%
- 20.
Lloyds Banking Group plc2.09%