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ATEC

$19.50-2.01%Technology43/100
Fund Page ↗

BetaShares S&P/ASX Australian Technology ETF · BetaShares

Data as at 29 March 2026

TL;DR

Tracks Australian technology companies listed on the ASX — the only ETF dedicated exclusively to domestic tech. WiseTech Global and Xero together represent over 35% of the fund.

MER (Annual Fee)
0.48%
#1 lowest in Technology
1Y Return
-24.6%
3Y Return (p.a.)
+5.3%
Dividend Yield
3.13%
Trailing 12 months
AUM
$475.2M
Assets under management
Avg Daily Turnover
$2.3M
Avg shares × unit price
Unit Price
$19.50
As at 29 March 2026
Provider
BetaShares
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Strategy

Follows the Solactive Australia Technology Index covering software, IT services, payments, and technology hardware companies based in Australia. Concentrated by necessity — there are relatively few large tech companies on the ASX.

Top Holdings

Key Fact

WiseTech Global's logistics software is used by freight companies in over 180 countries, yet the company is listed on the ASX. ATEC provides exposure to this global business — and others like it — through an Australian-listed structure.

Suited for

Investors making a specific bet on Australian technology company growth. Useful for those who believe Australian tech is underrepresented in their standard VAS or A200 holding.

Risks

WiseTech and Xero together represent over 35% of the fund. An earnings disappointment at either company significantly affects the entire ETF. This is a high-conviction, concentrated fund by necessity.

ETFCheck Score43/100
Fees (40%)28
Fund Size (25%)36
Liquidity (20%)68
Yield (15%)63
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Frequently Asked Questions - ATEC

Why is ATEC so concentrated compared to global technology ETFs like NDQ?+
The ASX technology sector is remarkably narrow - ATEC's top three holdings in WiseTech Global, Xero, and REA Group can represent over 50% of the portfolio. This concentration means ATEC's 14.8% one-year return is heavily driven by a handful of companies, unlike NDQ which spreads risk across dozens of large US tech names. Australian investors should treat ATEC as a high-conviction satellite holding rather than a core technology allocation within their portfolio.
Does ATEC provide meaningful diversification for an investor already holding broad ASX ETFs?+
Technology represents only around 4% of the S&P/ASX 200, so investors holding A200 or IOZ already have minimal tech exposure, making ATEC an effective sector tilt. However, ATEC's constituent stocks like WiseTech and REA Group are already in broad ASX indices, so you are overweighting rather than accessing new companies. The 0.48% MER is a premium over broad market ETFs but reasonable for targeted sector exposure.
How does ATEC's 0.72% yield affect tax outcomes for SMSF investors?+
ATEC's minimal 0.72% yield reflects the growth-oriented nature of Australian tech companies that reinvest earnings rather than paying large dividends. For SMSF investors in accumulation phase, this low distribution reduces annual taxable income while capturing capital appreciation - potentially more tax-efficient than high-yielding ETFs. However, some underlying distributions may include franking credits from profitable ASX-listed tech firms, providing a small additional tax benefit that SMSF trustees should track.
What are the biggest risks of investing in ATEC versus a global tech ETF?+
ATEC carries significant single-country and concentration risk - if WiseTech or Xero face earnings downgrades, the entire ETF can suffer disproportionate losses. Australian tech companies also trade at smaller market capitalisations and lower liquidity compared to US mega-cap peers accessible through NDQ or FANG. For a 14.8% return over the past year, investors accepted meaningful concentration risk that global tech ETFs mitigate through exposure to hundreds of companies across multiple innovation themes.