Betashares has launched the Betashares Diversified Credit Income ETF (ASX: DCRD), an all-in-one portfolio constructed using a blend of Betashares credit income ETFs to provide exposure to senior floating-rate Australian bank bonds (ASX: QPON), subordinated bonds issued by the ‘big 4′ Australian banks (ASX: BSUB), and interest-rate-hedged Australian investment grade corporate bonds (ASX: HCRD).
The company said DCRD simplifies the task of selecting and weighting individual credit income building blocks by providing exposure in a single trade, at an all-in cost of 0.22% p.a.
It said DCRD further builds on the company’s market leadership in the cash and fixed income ETF category, where Betashares’ assets under management total $18.6 billion, as at August 2026.
The fund intends to pay monthly distributions and expands the Betashares’ credit income fund range, which also includes HBRD, Betashares’ actively managed credit income solution, giving investors more options to access high quality, regular income from bank and corporate credit with reduced interest rate risk.
Betashares said: “The fund launches at a point in the rate cycle where investment grade credit is currently offering yields well above the levels that prevailed through most of the past decade, with DCRD’s underlying bond portfolio having a yield to worst of approximately 5.28% p.a. net of fees (as at 7 August 2026, yield is subject to change). At the same time, income is getting harder to find elsewhere, with dividend yields on Australian shares sitting near historic lows, and bank hybrids being progressively phased out.
“DCRD provides exposure to a diversified portfolio of Australian corporate bonds, with the aim of delivering attractive regular monthly income and relative capital stability.”
