BetaShares USD ETF (ASX:USD)

The BetaShares USD ETF provides investors with exposure to the performance of the US dollar, relative to the Australian dollar.

USD share price & data

Ticker code: USD
Yearly fee (MER): 0.45%
FUM: $274.05 million
Monthly spread: 0.11%
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
Range: 1 mth | 3 mths | 6 mths | 1 yr | 2 yrs | 5 yrs | 10 yrs

Prices updated using end of day data. Capital return only. FUM, fee and spread data updated monthly. Last updated: July 2020.

What does the USD invest in?

USD invests in US dollar-denominated bank deposit accounts, held by JP Morgan Chase Bank. Any interest earned on the deposits will accrue to the benefit of the ETF. An investor would expect to profit from the USD ETF when the AUD/USD exchange rate goes down (i.e., when the Australian dollar falls in value against the US dollar).

What do investors use USD for?

Investors could use the BetaShares USD ETF to profit from a view that the US dollar will strengthen relative to the Australian dollar, or to hedge against US dollar currency risk for those who primarily invest in ASX shares that earn revenue in Australian dollars.

USD dividend information

Distributions

A yearly or annual distribution means the ETF or managed fund expects to return income (generated by the fund) or excess capital gains back to you, the investor, once per year.

DRP Status

A full Distribution Reinvestment Plan (DRP) means the ETF or managed fund allows you, the investor, to take all of your monthly, quarterly, half-yearly or yearly distributions as new units in the ETF/fund. 

Fund Issuer

BetaShares is one of Australia’s largest ETF issuers, by the number of ETFs issued on the ASX and total funds under management (FUM).

Best ETFs warnings

The following warnings are applied by our team, based on quantitative metrics and our internal methodology. These risks are not exhaustive and therefore they should not be relied upon. Always read the PDS of the function and speak to your financial adviser before acting on this information.

We assign a ‘performance’ warning label to ETFs and managed funds which we believe will likely produce a return and risk profile that is different to a traditional ETF or fund operating in this sector.

Tax Domicile

When a fund/ETF has a “domicile” of Australia it means it is a registered fund in Australia for tax purposes. This means investors who buy into this fund or ETF, and are Australian residents for tax purposes, will be subject to Australian taxes and regulation. 

Registry

Link Market Services is the second-largest share registry in Australia and operates from offices in 11 countries throughout Australasia, Asia, Africa, the Middle East and Europe.

Sector Information

Best ETFs Australia has a sector for US Dollar ETFs and funds which invest in cash accounts or deposits in the United States.

Looking for something better?

This brilliant (and free!) report is issued by Best ETFs Australia, a division of The Rask Group Pty Ltd. It is not a recommendation.
Speak to a financial professional before relying on this information and please read our Financial Services Guide (FSG).

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