Find out what the ETF does
The BetaShares QUS ETF provides investors with equally-weighted exposure to the S&P 500. It seeks to reduce concentration towards the largest US companies and spread investments equally across all 500 companies in the index.
The BetaShares QUS ETF could be used by investors looking to gain exposure to a broad basket of US companies while avoiding concentration in a handful of ‘mega-caps’. This may reduce risk and provide the potential to outperform market-cap-weighted benchmarks.
QUS’s FUM meets our hurdle
The BetaShares QUS ETF had $187.23 million of money invested when we last pulled the monthly numbers. Given QUS’s total funds under management (FUM) figure is over $100 million, the ETF has met our minimum criteria for the total amount of money invested, otherwise known as FUM. We draw the line at $100 million for ETFs in the International shares sector because we believe that relative to smaller ETFs, achieving this amount of FUM de-risks the ETF.
Pay attention to yearly costs & fees
BetaShares charges investors a yearly management fee of 0.29% for the QUS ETF. This means that if you invested $2,000 in QUS for a full year, you could expect to pay management fees of around $5.80.
For context, the average management fee (MER) of all ETFs covered by Best ETFs Australia on our complete list of ASX ETFs is 0.5% or around $10.00 per $2,000 invested. Keep in mind, small changes in fees can make a big difference after 10 or 20 years.
Our takeaway
If you’re thinking about investing in QUS, bear in mind that this is just an introductory glance at the ETF. To explore further, check out our free BetaShares QUS report. And for good measure, search our complete list of ASX ETFs for similar ETFs in the International shares sector to do a good comparison.
