Betashares Global Quality Leaders Builds on Quality Stocks
Highlights
- QLTY traded at $33.94, up 1.07%, with a fund size of $1.02 billion.
- Technology represented 40.76% of the portfolio, followed by Healthcare at 15.32% and Industrials at 11.54%.
- The United States accounted for 70.04% of geographic exposure, while Japan represented 12.56%.
- The ETF recorded total returns of 6.16% over one month, 14.77% over three months and 14.98% over three years.
Betashares Global Quality Leaders ETF (ASX:QLTY) traded at $33.94 based on the supplied ASX market data, rising 35 cents or 1.07% from the previous close. The ETF provides exposure to global large-cap equities through a quality-focused portfolio construction approach. Listed on the ASX since November 2018, QLTY uses a full-replication strategy and is benchmarked against the iSTOXX MUTB Global ex-Australia Quality Leaders Total Return index in Australian dollars.
Global Large-Cap Quality Strategy
QLTY sits within the Equity World Large Blend category and invests primarily in large companies listed across international markets. The fund’s full-replication strategy is designed to maintain exposure consistent with its underlying index rather than relying on discretionary active security selection.
The portfolio is overwhelmingly concentrated in large-cap companies. Companies valued above $1 billion represented 99.14% of the portfolio, while the $500 million-to-$1 billion segment accounted for 0.86%. No exposure was reported for companies below $500 million.
This market-capitalisation profile means the fund’s portfolio is dominated by established global businesses rather than smaller companies.
Technology Dominates Sector Exposure
Technology was QLTY’s largest sector allocation at 40.76%, significantly above the 29.61% allocation for the broader Equity World Large Blend category. Healthcare represented 15.32%, compared with 10.15% for the category, while Industrials accounted for 11.54%.
Financial Services represented 8.71%, below the category’s 16.71%. Communication Services contributed 8.63%, while Consumer Cyclical accounted for 7.95%. Consumer Defensive stocks represented 6.40%.
The portfolio had comparatively limited exposure to traditional resource and property sectors. Energy accounted for just 0.50%, Basic Materials for 0.18%, and Real Estate for zero exposure in the supplied data.
The sector composition therefore gives QLTY a substantially greater technology weighting than the broader global large-blend category.
Geographic Exposure Centres on the US
The United States represented 70.04% of QLTY’s geographic exposure, making it the dominant market within the portfolio. Japan was the second-largest exposure at 12.56%.
Switzerland represented 4.15%, the Netherlands 3.45% and France 2.87%. Smaller allocations included the United Kingdom at 1.56%, Hong Kong at 1.17%, Spain at 1.00%, Sweden at 0.85% and Germany at 0.44%.
The geographic profile demonstrates that QLTY is a global portfolio but remains heavily influenced by US-listed companies. Japan’s 12.56% allocation provides the most significant Diversification outside the United States.
Fund Size and Trading Activity
QLTY had a reported fund size of $1.02 billion, making it one of the larger funds within the ASX-listed global equity ETF segment. The latest Trading session recorded 44,716 units, compared with an average Volume of 39,700 units.
The supplied bid and offer range was $33.50 to $34.17. The day’s trading range extended from $33.50 to $34.17, while the supplied data did not provide a separate previous-close figure.
QLTY was admitted to the ASX on 7 November 2018, giving the fund a longer listed-market history than many recently launched global ETFs.
Recent Returns and Distributions
The supplied total-return figures showed gains of 6.16% over one month, 14.77% over three months, 4.35% over six months, 7.98% over one year and 14.98% over three years.
The fund’s distribution history included a $1.028 payment in July 2026, $0.087 in January 2026, $0.678 in July 2025, $0.082 in January 2025 and $0.900 in July 2024.
These distribution amounts can vary between periods depending on income generated by the underlying portfolio and other distributable components. They should therefore be considered separately from market-price movements and total returns.
Portfolio Concentration and Missing Holdings Data
The supplied ASX information does not display the individual top-10 holdings for QLTY. Consequently, the precise company-level concentration cannot be established from the available figures.
The sector and geographic allocations nevertheless indicate a portfolio with significant exposure to large global technology and healthcare companies, alongside meaningful industrial and consumer exposures. The absence of individual holdings also means that company-specific contributors to recent returns cannot be identified from the supplied data alone.
Conclusion
Betashares Global Quality Leaders ETF has developed into a $1.02 billion ASX-listed global equity fund with a portfolio overwhelmingly concentrated in large-cap companies. Its 40.76% technology weighting and 70.04% US exposure distinguish it from a broader global large-blend portfolio, while Japan provides the largest non-US geographic allocation. The full-replication structure ties the fund closely to its quality-focused benchmark, and recent supplied return data shows gains across the one-month, three-month, one-year and three-year periods. QLTY’s defining characteristics are therefore its large-cap orientation, quality-focused index exposure and concentration in major global markets and sectors.
