Betashares Australian ETF Review: May 2026
4 minutes reading time
Strong monthly inflows puts record year in sight
- Another strong month of net flows, combined with positive market movements pushed the Australian ETF Industry to a new all-time high in assets under management.
- With year to date industry netflows to September sitting at $20.5B, it appears likely that the previous annual record of $23.2B, set in 2021, will likely be eclipsed in The Australian experience mirrors the overseas trend, with 2024 looking likely to be a record year for the global ETF industry more broadly.
- September saw the ETF industry continue its strong momentum, with high net flows pushing the industry to a new all-time high. The industry rose by 3% for the month, with total market cap increasing by $6.7B. Total industry assets now stand at $226.9B – a new all-time record high.
- Industry flows were strong with $2.8B recorded for the month.
- ASX trading value fell month on month but remained robust at ~$11.5B for September.
- Over the last 12 months the Australian ETF industry has grown by 45.4%, or $70.8B.
- In terms of product launches, there were 5 new funds launched in September. Separately, Global X closed their carbon credits ETF and P. Morgan closed an active ETF over sustainable infrastructure equities.
- The best performing ETFs this month were Chinese equity exposures.
- September was another stand out month for International Equities products ($1.6B), as they received more than triple the amount of net flows of the second placed Fixed Income products ($496 million). Australian Equities was in third spot with $331 million.
- No categories received outflows this month.
Australian ETF Industry AuM: July 2001 – September 2024

CAGR: Compound Annual Growth Rate. Source: ASX, CBOE
Market Cap
- Australian Exchange Traded Funds Market Cap (ASX + CBOE): $226.9B – all time high
- ASX CHESS Market Cap: $191.78B1
- Market Cap change for September: 3.1%, $6.7B
- Market cap growth for last 12 months: 45.4%, $70.8B
New Money
- Net inflows for month: $2.8B
Products
- 396 Exchange Traded Products trading on the ASX & CBOE
- In terms of product launches, there were 5 new funds launched in September. Separately, Global X closed their carbon credits ETF and J.P. Morgan closed an active ETF over sustainable infrastructure equities.
Trading Value
- ASX trading value was lower at ~$11.5B for the month.
Performance
- The best performing ETFs this month were Chinese equity exposures.
Industry Net Flows

Top Category Inflows (by $) – Month
| Broad Category | Inflow Value |
| International Equities | $1,589,841,951 |
| Fixed Income | $495,568,869 |
| Australian Equities | $331,383,215 |
| Commodities | $174,419,015 |
| Multi-Asset | $70,771,899 |
Top Category Outflows (by $) – Month
No category outflows

Top Sub-Category Inflows (by $) – Month
| Sub-Category | Inflow Value |
| International Equities – Developed World | $906,900,130 |
| International Equities – US | $380,990,451 |
| Australian Bonds | $332,495,135 |
| Australian Equities – Broad | $253,700,328 |
| Gold | $163,018,583 |
Top Sub-Category Outflows (by $) – Month
| Sub-Category | Inflow Value |
| Australian Equities – Large Cap | ($66,228,585) |
| International Equities – Geared | ($3,727,106) |
| Commodities – E&R – Sustainability | ($986,077) |
| International Equities – E&R – Impact | ($922,914) |
| Australian Equities – Small Cap | ($271,721) |
Performance
Top Performing Products – Month
| Ticker | Product Name | Performance (%) |
| CNEW | VanEck China New Economy ETF | 21.4% |
| IZZ | iShares FTSE China Large-Cap ETF | 20.1% |
| CETF | VanEck ChinaAMC A-Share ETF | 18.4% |
| PAXX | Platinum Asia Fund (Quoted Managed Hedge Fund) | 12.6% |
| GMTL | Global X Green Metal Miners ETF | 12.5% |
1 Since February 2023, the ASX started reporting additional data on a CHESS-only basis. The primary use of such data is that it will exclude, amongst other things, the FuM and Flows in ‘dual class’ Active ETFs and potentially provide a more accurate picture of exchange traded activity.
Explore
ETF industry