A200 invests in the 200 largest companies on the ASX, weighted by size, for one of the lowest fees in the market. It charges 0.04% a year, has $11.1b invested and returned +2.9% over the past year. The most similar ETF is A300, which overlaps with it by about 96%.
📅 As at 30 September 2026: fee, size and 1-year return from the TMX Australia funds report; holdings and overlap from A200’s published holdings as at 30 October 2026.
Is it a good time to buy A200?
Nobody can time the market perfectly, but you can check the trend before you buy. Here’s where A200 stands right now.
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| Net flow, September | +$294m |
| Net flow, 2026 so far | +$2.1b |
| Average month in 2026 | +$230m |
Week to 23 October: top 10 for inflows on the ASX (+$119m).
Is the whole market risk on, caution or risk off this week? Members see it every Sunday, with the core ETF check-up.
🔒 See it free for 30 days →A200 is in a base. Prices moving sideways can be a time to build a position gradually and watch which way the trend breaks. There’s no rush either way.
General information only, not a recommendation to buy or sell A200. Whether it suits you depends on your goals and the rest of your portfolio. Trend updated weekly; flows from the TMX Australia funds report (September 2026) and the Global X weekly market monitor. See every ETF’s trend in the ETF trend scanner, or read when to buy an ETF.
What is A200?
Index: Solactive Australia 200 Index · Distributions: Quarterly · Issuer: Betashares · Exchange: ASX
Top 10 holdings
The 10 largest companies make up 50% of A200.
| # | Company | Weight | |
|---|---|---|---|
| 1 | BHP Group LtdMaterials | 10.97% | |
| 2 | Commonwealth Bank of AustraliaFinancials | 10.42% | |
| 3 | National Australia Bank LtdFinancials | 4.85% | |
| 4 | Westpac Banking CorpFinancials | 4.72% | |
| 5 | ANZ Group Holdings LtdFinancials | 4.61% | |
| 6 | CSL LtdHealth Care | 3.60% | |
| 7 | Macquarie Group LtdFinancials | 3.40% | |
| 8 | Wesfarmers LtdConsumer Discretionary | 3.26% | |
| 9 | Woodside Energy Group LtdEnergy | 2.37% | |
| 10 | Telstra Group LtdCommunication Services | 2.06% |
Sector breakdown
ETFs most similar to A200
How much each ETF’s holdings overlap with A200, by weight. High overlap means owning both mostly doubles up.
| ETF | Overlap | |
|---|---|---|
| A300Global X Australia 300 ETF | 96% | Compare in calculator → |
| IOZiShares Core S&P/ASX 200 ETF | 95% | A200 vs IOZ → |
| AYLDGlobal X S&P/ASX 200 Covered Call Complex ETF | 95% | Compare in calculator → |
| STWSPDR S&P/ASX 200 ETF | 94% | Compare in calculator → |
| VASVanguard Australian Shares Index ETF | 94% | Compare in calculator → |
| SFYSPDR S&P/ASX 50 ETF | 78% | Compare in calculator → |
Head to head: A200 vs IOZ · all comparisons
Check A200 against your own ETFs →Core or satellite?
CORE Australian shares
A200 is a core building block: the Australian half of a two-ETF core, alongside a global shares ETF. Read more in core and satellite investing.
Read more: VAS vs A200 · Franking credits and ETFs · Vanguard vs Betashares
A200 FAQs
Is A200 a good ETF?
A200 is one of the cheapest ways to own the Australian share market. It is almost identical to VAS, IOZ and STW, so the choice between them mostly comes down to fees. On its own it only covers Australia, so most investors pair it with a global shares ETF. Whether it suits you depends on your goals and the rest of your portfolio.
What does A200 invest in?
A200 invests in the 200 largest companies on the ASX, weighted by size, for one of the lowest fees in the market. Its largest holdings are BHP Group Ltd, Commonwealth Bank of Australia, National Australia Bank Ltd, and its biggest sector is financials at about 35%.
What ETFs are similar to A200?
The ETFs with the most overlap with A200 are A300 (about 96%) and IOZ (about 95%). Use the free ETF overlap calculator to check your own mix.
How often does A200 pay distributions?
A200 pays distributions quarterly.
Should I own A200 and A300 together?
Usually there is little point: their holdings overlap by about 96%, so owning both mostly doubles up.
Fee, size and returns: TMX Australia Funds Report to 30 September 2026; returns are total returns, 5-year figure is cumulative. Holdings from Betashares as at 30 October 2026. Chart: TradingView. General information only, not a recommendation to buy or sell A200. Consider the PDS and TMD before investing.