FUEL

Global Energy Companies Currency Hedged ETF

About this ETF

FUEL aims to track the performance of an index (before fees and expenses) that comprises the largest global energy companies (ex-Australia), hedged into Australian dollars.

IssuerBetaShares

Management fee (MER)0.57% p.a.

Inception date16 Jun 2016

Scout Score

42/100

Ranked #54 of 76 in International Shares

An 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.

Cost21

Diversification31

Tracking13

Liquidity77

Fund Strength57

Performance88

Income63

Strengths

Strong long-term return — +21.0% p.a. (blended), beats 88% of rated International Shares peers.
Highly liquid — 0.11% bid/ask spread, better than 77% of International Shares peers.

Weaknesses

Wider index tracking — 14.48% tracking error, looser than 87% of International Shares peers.
Higher fee — 0.57% p.a., more expensive than 79% of International Shares funds.
Concentrated holdings — top holdings make up 56.1% of the fund, more concentrated than 69% of International Shares peers.