List of ETFs Focusing on Australia Listed on U.S. Exchanges
Australian broad based ETFs track indices that are comprised of a large and diversified group of Australian large and mid-cap stocks. This type of index normally includes the largest and most traded companies in Australia and these indices usually represent a significant percentage of the total Australian equity market capitalization.
Some of the largest companies in Australia are:
- The Commonwealth Bank of Australia
- Westpac Banking Corp
- Australia & New Zealand Bank Group Ltd
- National Australia Bank Ltd.
- BHP Billiton Ltd.
- Telstra Corp Ltd.
Because many of the largest companies in Australia are banks, the financial sector often makes up a significant percentage of this type of index. An investor should check the individual ETF to check on the specific exposure the ETF has to each company and sector.
There are also a couple of small-cap Australian ETFs that are comprised of between 100 and 150 companies depending on the ETF. WisdomTree also has an ETF (AUSE) focused on large and mid-cap companies with high dividends.
ETFs Focusing on Australia
ETFs that are Weighted Towards Australian Companies
ProShares Ultra MSCI Pacific ex-Japan (UXJ) (Leveraged ETF; Daily Target 2x)
ProShares UltraShort MSCI Pacific ex-Japan (JPX) (Leveraged/Short ETF; Daily Target -2x)