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Betashares Geared Australian Equity Fund (ASX: GEAR) - Share Price and Research

Current share price for GEAR : $32.860 0.3 (0.92%)+

Betashares Geared Australian Equity Fund (GEAR) is an Exchange Traded Fund - commonly known as an ETF. For more details about how ETFs work, feel free to check out our What is an ETF? overview. Betashares Geared Australian Equity Fund (GEAR) provides investors with cost-effective geared exposure to the returns of the broad Australian sharemarket.

GEAR General Information +

ASX Code GEAR
Website http://www.betashares.com.au
Industry/Sector Asset Management & Custody Banks
Market Cap ($M) 518
GEAR Share Price $32.860
Day High $32.950
Day Low $32.660
Last Close $32.560
GEAR Share Price Movement $0.30 ( 0.92% )
Prices as at 16:40, 24 Jan 2025
+Security prices are delayed by at least 20 minutes and are indicative only.

GEAR Fund Information

Equity Australia Large Geared
S&P/ASX 200 TR AUD
starstarstarstarstar
starstarstar (as at 31 Dec 2024)
Investment Fund
29 Apr 2014
$486.51 million (as at 22 Jan 2025)

GEAR ETF performance (31 Dec 2024)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return -7.88 -4.01 10.27 16 18.51 9.84 9.74 11.17
Growth return -7.88 -4.01 9.95 13.35 14.14 2.04 3.01 4.53
Income return (Yield) 0 0 0.32 2.65 4.37 7.8 6.73 6.64

Market index (S&P/ASX 200 TR AUD)
Total return -3.15 -0.8 6.93 11.44 11.93 7.41 8.06 8.51

GEAR Related Research

Betashares Geared Australian Equity Fund (GEAR) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield
Result 30.41¢ 300.02% 2 Jan 2025 17 Jan 2025 $32.860 $32.000 -
HFResult 8.07¢ 789.09% 1 Jul 2024 16 Jul 2024 $32.860 $32.000 -
Result 55.51¢ 195.29% 2 Jan 2024 17 Jan 2024 $32.860 $32.000 -

See all dividends from Betashares Geared Australian Equity Fund (GEAR) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Betashares Geared Australian Equity Fund (GEAR) Recent ASX Announcements

Company Sector Market Cap ($m) Headline Release
date/time+		 Price at
release+		 Current
price+		 Gain/Loss View
Betashares Geared Australian Equity Fund (GEAR) Financials $518 Indicative 2025 Distributions Calendar 24 Jan 2025 9:50AM $32.560 $32.860 risen by 0.92%
Betashares Geared Australian Equity Fund (GEAR) Financials $518 Units on Issue Disclosure - Dec 2024 7 Jan 2025 4:25PM $31.820 $32.860 risen by 3.27%
Betashares Geared Australian Equity Fund (GEAR) Financials $518 DRP Issue Price 3 Jan 2025 8:32AM $31.100 $32.860 risen by 5.66%
Betashares Geared Australian Equity Fund (GEAR) Financials $518 Final Distribution Announcement 2 Jan 2025 8:31AM $31.070 $32.860 risen by 5.76%
Betashares Geared Australian Equity Fund (GEAR) Financials $518 Estimated Distribution Announcement 30 Dec 2024 7:32PM $31.740 $32.860 risen by 3.53%
Betashares Geared Australian Equity Fund (GEAR) Financials $518 Distribution Timetable 23 Dec 2024 6:07PM $31.420 $32.860 risen by 4.58%

GEAR Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2024A $86.72 $549.30 -18.30% 4.70 63.60 2.50% 178.5%
2023A $112.54 $672.30 -292.80% 3.50 118.50 5.00% 167.0%
2022A -$51.28 -$348.70 -130.00% 0.00 336.80 12.30% 73.8%

GEAR Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2022 A 2023 A 2024 A 2022 A 2023 A 2024 A 2022 A 2023 A 2024 A
Betashares Geared Australian Equity Fund (GEAR) $514M -0.1829 0.0000 0.0000 5.9272 0.0000 0.0000 1.95% 0.00% 0.00%
HMC Capital (HMC) $3,897M 0.0191 0.0000 0.0000 45.3020 0.0000 0.0000 1.27% 0.00% 0.00%
Insignia Financial (IFL) $3,032M 0.6567 -0.2226 0.0203 9.5198 12.2460 12.0021 2.06% 1.77% 5.31%
Netwealth Group (NWL) $7,319M 0.2382 0.2487 0.2325 87.6833 70.2208 56.9741 0.94% 1.18% 1.43%
Pinnacle Investment Management Group (PNI) $5,691M 0.1667 0.1969 0.1911 55.1868 46.1072 38.7082 1.67% 1.95% 2.32%

GEAR Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 5.98 1.17 0.00
Market 0.28 13.80 1.09 0.82
Sector 0.32 13.10 1.06 0.63

GEAR Directors

Name Position Start Date
Mr David Nathanson Executive Director 21 Sep 2009
Mr Alex Vynokur Executive Director 21 Sep 2009
Mr Edward Sippel Non-Executive Director 5 Mar 2021
Mr Jungho Rhee Non-Executive Director 1 Sep 2018
Mr Young Hwan Kim Non-Executive Director 7 Feb 2020
Mr Jason Gellert Non-Executive Director 5 Mar 2021

Betashares Geared Australian Equity Fund (GEAR) Changes in Directors' Interest & Trades

There are no directors' trades from Betashares Geared Australian Equity Fund (GEAR). Please use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

FAQs about Betashares Geared Australian Equity Fund (GEAR)

Betashares Geared Australian Equity Fund's (GEAR) current share price is $32.86. This constitutes a price movement of 2.69% when compared to the share price 7 days ago and is -4% below GEAR's 12-month high of $34.23 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $32.56, Betashares Geared Australian Equity Fund's (GEAR) current share price of $32.86 constitutes a movement of $0.30 or 0.92%. Betashares Geared Australian Equity Fund's (GEAR) share price movement is 2.69% when compared to 7 days ago and is -4% below GEAR's 52-week high of $34.23.

Betashares Geared Australian Equity Fund's (GEAR) 52-week high is $34.23 which was reached on 3 Dec 2024. Relative to this, GEAR's current share price of $32.86 constitutes a -$1.37 or -4% drop since that high of $34.23 per GEAR share.

Betashares Geared Australian Equity Fund's (GEAR) 52-week low is $26.21 which was reached on 14 Feb 2024. Relative to this, GEAR's current share price of $32.86 constitutes a $6.65 or 25.37% gain since that low of $26.21 per GEAR share.

Betashares Geared Australian Equity Fund's (GEAR) current market capitalisation is $518,340,245. Market capitalisation, sometimes referred to as "market cap", is the total value of a company's or ETF's issued shares or units owned by shareholders or unitholders. Market capitalisation is equal to the market price per share or unit multiplied by the number of shares or units outstanding.

Betashares Geared Australian Equity Fund (GEAR) last distribution or dividend was $0.30 per share and was paid on 17 Jan 2025. This last GEAR distribution or dividend included 300.02% franking.

Upcoming ex-distribution date: 2 Jan 2025

Upcoming record date: 3 Jan 2025

Upcoming payment date: 17 Jan 2025

ETFs, such as Betashares Geared Australian Equity Fund (GEAR), pay distributions instead of dividends. The difference is that dividends are declared by companies from part of the profits made during any given year and the company’s management decide the amount of earnings retained verses how much to pay out to investors. An ETF, like Betashares Geared Australian Equity Fund (GEAR), must pay out all realised income. This is a combination of any dividends received plus capital gains realised from the buying and selling of underlying holdings within Betashares Geared Australian Equity Fund (GEAR).


A distribution has three key dates:

Ex-distribution date: Date the distribution value leaves the ETF. This will normally correspond with the ETF unit price dropping in value by the same amount as the distribution.

Record date: Date someone must be on the unit registry to receive the distribution.

Payment date date: Date the distribution is paid to the unit holder.

Betashares Geared Australian Equity Fund (GEAR) has a current dividend yield of n/a this year. Last year's dividend yield was 2.20%. The dividend yield for GEAR is a ratio that tells you the percentage of Betashares Geared Australian Equity Fund (GEAR)'s share price that it pays out in dividends each year. The dividend yield is calculated by dividing the annual dividends by the current share price.

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