Español 
Deutsch 
Français 
MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
BetaShares - S&P 500 Yield Maximiser Complex ETF (UMAX.AX)
AUD26.63
+0.10 (+0.38%)
ASX AUD AU Equity
NAV
AUD 26.71
-0.30% vs NAV
as of 2026-07-13
AUM
AUD 299.19M
TER
0.79%
Yield (TTM)
5.24%
Distribution
Distributing · Quarterly
52-week range
24.16 – 27.19
Holdings
4
Issuer
BetaShares
About this ETF
As of January 2026, the Fund will shift its distribution frequency from quarterly to a monthly basis. UMAX's core objective is to generate attractive monthly payouts and mitigate fluctuations in portfolio performance. This is achieved through an equity income investment strategy applied to a portfolio composed of companies from the S&P 500 Index. It is important to note that UMAX is not designed to replicate the performance of an index.
ISIN
AU00000UMAX3
Issuer
BetaShares
Domicile
AU
Inception
2014-09-17
Asset class
Equity
Price
Top 10 holdings
| ISHARES CORE S&P 500 ETF IVV UP | 98.44% |
| USD - UNITED STATES DOLLAR USD | 0.95% |
| AUD - AUSTRALIA DOLLAR AUD.AX | 0.62% |
| SPX US 07/17/26 C7700 SPX US 07/17/26 C7700 Index | 0.00% |
Sector mix
Price chart
AUD26.63
+0.10 (+0.38%)
Loading historical data…
Returns
| 1 month | +3.58% |
| 3 months | +7.16% |
| 6 months | -0.41% |
| Year to date | -1.19% |
| 1 year | +5.26% |
| 3 years (ann.) | +7.76% |
| 5 years (ann.) | +5.06% |
| 10 years (ann.) | +4.80% |
Risk profile
| Volatility (1y, ann.) | 9.97% |
| Sharpe (1y) | 0.56 |
| Sharpe (3y) | 0.65 |
| Sortino (1y) | 0.76 |
| Max drawdown (1y) | -11.14% |
| Max drawdown (5y) | -18.87% |
| Max drawdown (full) | -24.10% |
| Beta vs S&P 500 (1y) | -0.04 |
| Correlation vs S&P 500 (1y) | -0.05 |
Technical outlook as of 2026-07-13
Day Score (bias 0-100, not a probability)
47
P(gain) 22 sessions — probability
55%
VaR 95% (daily)
-1.25%
CVaR 95% (daily)
-2.07%
GARCH vol forecast (22d)
0.76%
Market regime (Markov)
Lateral
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Top-10 concentration
100.0%
Effective holdings
1
Disclosed positions
4
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Loading map…
Cost vs. peers
UMAX.AX
0.79%
Equity median
0.39%
Cheapest in class BKLC
0.00%
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-07-01 | 2026-07-16 | AUD 0.1230 |
| 2026-06-01 | 2026-06-17 | AUD 0.1159 |
| 2026-05-01 | 2026-05-18 | AUD 0.1557 |
| 2026-03-31 | 2026-04-20 | AUD 0.1137 |
| 2026-03-01 | 2026-03-17 | AUD 0.1005 |
| 2026-02-01 | 2026-02-17 | AUD 0.0921 |
| 2026-01-01 | 2026-01-19 | AUD 0.3725 |
| 2025-10-01 | 2025-10-16 | AUD 0.3213 |
| 2025-07-01 | 2025-07-16 | AUD 0.4136 |
| 2025-03-31 | 2025-04-16 | AUD 0.3492 |
| 2025-01-02 | 2025-01-17 | AUD 0.3525 |
| 2024-10-01 | 2024-10-16 | AUD 0.2945 |
| 2024-07-01 | 2024-07-16 | AUD 0.3044 |
| 2024-04-01 | 2024-04-17 | AUD 0.2621 |
| 2024-01-01 | 2024-01-17 | AUD 0.2649 |
| 2023-10-02 | 2023-10-17 | AUD 0.2680 |
| 2023-07-03 | 2023-07-18 | AUD 0.2774 |
| 2023-04-03 | 2023-04-20 | AUD 0.3116 |
| 2023-01-02 | 2023-01-18 | AUD 0.3825 |
| 2022-10-03 | 2022-10-18 | AUD 0.3887 |
| 2022-07-01 | 2022-07-18 | AUD 0.3490 |
| 2022-04-01 | 2022-04-20 | AUD 0.3771 |
| 2022-01-03 | 2022-01-19 | AUD 0.2509 |
| 2021-10-01 | 2021-10-18 | AUD 0.2589 |
| 2021-07-01 | 2021-07-16 | AUD 0.2573 |
| 2021-04-01 | 2021-04-20 | AUD 0.2863 |
| 2021-01-04 | 2021-01-19 | AUD 0.3323 |
| 2020-10-01 | 2020-10-16 | AUD 0.3080 |
| 2020-07-01 | 2020-07-16 | AUD 0.3868 |
| 2020-04-01 | 2020-04-20 | AUD 0.3045 |
| 2020-01-02 | 2020-01-17 | AUD 0.2889 |
| 2019-10-01 | 2019-10-16 | AUD 0.2615 |
| 2019-07-01 | 2019-07-16 | AUD 0.2827 |
| 2019-04-01 | 2019-04-16 | AUD 0.3117 |
| 2019-01-02 | 2019-01-17 | AUD 0.2897 |
| 2018-10-01 | 2018-10-16 | AUD 0.2291 |
| 2018-07-02 | 2018-07-17 | AUD 0.2706 |
| 2018-04-03 | 2018-04-18 | AUD 0.2386 |
| 2018-01-01 | 2018-01-17 | AUD 0.1688 |
| 2017-10-02 | 2017-10-17 | AUD 0.1711 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Scored coverage: 0.0% of the portfolio by weight.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| State Street SPDR Portfolio S&P 500 ETF SPYM | 0.02% | 159.32B | 0.0% |
| Vanguard Mid-Cap ETF VO | 0.03% | 218.80B | 0.0% |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 0.0% |
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 0.0% |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 0.0% |
