Netwealth Group Limited (ASX: NWL) - ETF Exposure

Current share price for NWL : $17.270 0.15 (0.86%)⁺

Netwealth Group Limited (NWL) is an ASX-listed company and is held by a number of exchange traded funds (ETFs). It is a financial services company listed on the Australian Securities Exchange and was created with an entrepreneurial spirit to challenge the conventions of Australia's financial services. They are a technology company, a superannuation fund trustee and an administration business. Company offers services like investor directed portfolio services, fund management, non custodial administration and reporting services.

NWL General Information ⁺

ASX Code	NWL
Website	N/A
Industry/Sector	Asset Management & Custody Banks
Market Cap ($M)	4,244
NWL Share Price	$17.270
Day High	$17.400
Day Low	$17.060
Last Close	$17.420
NWL Share Price Movement	$0.15 ( 0.86% )

Prices as at 16:40, 26 Oct 2026

⁺Security prices are delayed by at least 20 minutes and are indicative only.

Already own an Australian ETF? You may already have meaningful exposure to NWL

As a significant Australian company by market capitalisation, NWL is held across 30 ETFs spanning strategies that include asset management & custody banks exposure . Its weighting in those funds means performance can have an outsized influence - when NWL moves, funds like AEAE, AQLT, IMPQ, MVS and XX20 that hold it can move with it.

For more concentrated exposure, ETFs such as AEAE (Australian Ethical High Conviction Fund - Active ETF) allocate about 2% to NWL , while the average exposure across all 30 ETFs that hold it is around 0.5% .

Top ETF holdings

Australian Ethical High Conviction Fund - Active ETF (AEAE) ~ 2%
BetaShares Australian Quality ETF (AQLT) ~ 2%
eInvest Better Future (Managed Fund) (IMPQ) ~ 1.7%
VanEck Small Companies Masters ETF (MVS) ~ 1.7%
First Sentier EX-20 Australian Share Active ETF (XX20) ~ 1.5%

Last updated: ETF data and holdings as at 26 October 2026

Own NWL directly or through an ETF?

How does holding Netwealth Group Limited (NWL) shares directly compare to ETFs that include it?

	NWL Direct	AEAE CBOE	AQLT ASX	IMPQ ASX	MVS ASX	XX20 ASX
Holdings	1 company	35 holdings	46 holdings	42 holdings	91 holdings	29 holdings
NWL Weight	100%	2%	2%	1.7%	1.7%	1.5%
Diversification	Single Stock	Broad	Broad	Broad	Broad	Broad
Annual Cost	Brokerage only	0.69% p.a.	0.35% p.a.	-	0.49% p.a.	0.75% p.a.
Approx. Yield	2%	-	3.98%	-	3.05%	1.57%
Star Ratings	-			Not Rated

Yields and costs are approximate. ETF yields reflect the fund's dividend distributions, not NWL's direct yield. Annual cost uses each ETF's MER.

NWL Exposure on $10,000 investment

How a $10,000 investment in Netwealth Group Limited (NWL) one week ago compares with ETFs that hold it.

Security	Investment type	Current price	7-day price movement	Dollar change	Value today
Netwealth Group Limited (NWL)	Direct share	$17.270	4.22%	+$422	$10,422
Australian Ethical High Conviction Fund - Active ETF (AEAE)	Equity - Australia Strategy	$9.560	1.27%	+$127	$10,127
BetaShares Australian Quality ETF (AQLT)	Equity - Australia Strategy	$36.190	1.20%	+$120	$10,120
eInvest Better Future (Managed Fund) (IMPQ)	-	$3.980	0%	$0	$10,000
VanEck Small Companies Masters ETF (MVS)	Equity - Australia Small/Mid Cap	$19.640	-4.15%	-$415	$9,585
First Sentier EX-20 Australian Share Active ETF (XX20)	Equity - Australia Strategy	$1.225	0%	$0	$10,000

Assumes $10,000 invested 7 days ago. Figures are based on price movement only and exclude distributions, fees and brokerage.

Netwealth Group Limited (NWL) ETFs

30 ETFs hold Netwealth Group Limited (NWL).

ETF	NWL Weight	MER	Yield
Australian Ethical High Conviction Fund - Active ETF (AEAE)	2%	0.69%	-
BetaShares Australian Quality ETF (AQLT)	2%	0.35%	3.98%
eInvest Better Future (Managed Fund) (IMPQ)	1.7%	-	-
VanEck Small Companies Masters ETF (MVS)	1.7%	0.49%	3.05%
First Sentier EX-20 Australian Share Active ETF (XX20)	1.5%	0.75%	1.57%
iShares S&P/ASX Small Ordinaries ETF Index Fund (ISO)	0.8%	0.55%	4.73%
State Street SPDR S&P/ASX Small Ordinaries ETF (SSO)	0.8%	0.5%	10.06%
Vanguard MSCI Australian Small Companies Index ETF (VSO)	0.4%	0.3%	5.04%
First Sentier Geared Australian Share Fund Complex ETF (LEVR)	0.3%	2.38%	0.61%
Dimensional Australian Core Equity (Managed Fund) (DACE)	0.3%	0.28%	3.21%

View all 30 ETFs

Netwealth Group Limited (NWL) Upcoming Dividends & Yields

Distribution Type	Dividend	Franking	Ex-dividend date	Payment date	Current Price⁺	Price 7D Avg	Dividend Yield
HFResult	21¢	100%	9 Sep 2026	29 Sep 2026	-	-	-
Result	21¢	100%	4 Mar 2026	26 Mar 2026	-	-	-
HFResult	21¢	100%	3 Sep 2025	25 Sep 2025	-	-	-

See all dividends from Netwealth Group Limited (NWL) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Netwealth Group Limited (NWL) price-sensitive announcements

NWL - September 2026 Quarterly Business Update

Netwealth Group Limited’s September 2026 Quarterly Business Update reported continued grow

Netwealth Group Limited (NWL)
15 Oct 2026 | 8:18 AM

NWL - Netwealth to defend class action

Netwealth Group Limited announced that its subsidiaries, Netwealth Investments Limited and

Netwealth Group Limited (NWL)
25 Sep 2026 | 8:18 AM

NWL - Netwealth acknowledges potential class action

Netwealth Group Limited announced that its subsidiaries, Netwealth Investments Limited and

Netwealth Group Limited (NWL)
21 Sep 2026 | 8:27 AM

NWL - Netwealth to acquire Paradino (Investor Presentation)

Netwealth Group Limited announced it will acquire Paradino, an Australian AI-powered advic

Netwealth Group Limited (NWL)
15 Sep 2026 | 7:59 AM

Netwealth Group Limited (NWL) Recent ASX Announcements

Company	Sector	Market Cap ($m)	Headline	Release date/time⁺	Price at release⁺	Current price⁺	Gain/Loss
Netwealth Group Limited (NWL) ORDINARY FULLY PAID	Financials	$4,245	Application for quotation of securities - NWL	21 Oct 2026 11:51AM	$16.730	$17.270	risen by 3.23%
Netwealth Group Limited (NWL) ORDINARY FULLY PAID	Financials	$4,245	Proposed issue of securities - NWL	20 Oct 2026 5:25PM	$16.540	$17.270	risen by 4.41%
Netwealth Group Limited (NWL) ORDINARY FULLY PAID	Financials	$4,245	September 2026 Quarterly Business Update	15 Oct 2026 8:18AM	$16.760	$17.270	risen by 3.04%
Netwealth Group Limited (NWL) ORDINARY FULLY PAID	Financials	$4,245	Notification regarding unquoted securities - NWL	13 Oct 2026 12:31PM	$16.930	$17.270	risen by 2.01%
Netwealth Group Limited (NWL) ORDINARY FULLY PAID	Financials	$4,245	Notice of Annual General Meeting/Proxy Form	9 Oct 2026 8:36AM	$17.060	$17.270	risen by 1.23%
Netwealth Group Limited (NWL) ORDINARY FULLY PAID	Financials	$4,245	Change of Director's Interest Notice	2 Oct 2026 9:11AM	$16.690	$17.270	risen by 3.48%

NWL Financial Summary

Year to Jun	NPAT	EPS	EPS chg (%)	PER	DPS	Yield (%)	Franking (%)
2026F	$136.24	$55.83	24.20%	55.51	47.51	1.53%	100.0%
2025F	$109.68	$44.94	19.50%	68.96	38.25	1.23%	100.0%
2024A	$91.77	$37.61	36.70%	45.02	32.00	1.89%	100.0%

NWL Peer Comparison

Company	Mkt Cap	EPS Growth (%)			P/E (%)			Dividend Yield (%)
Company	Mkt Cap	2024 A	2025 F	2026 F	2024 A	2025 F	2026 F	2024 A	2025 F	2026 F
GQG Partners Inc. (GQG)	$2,943M	-0.0055	0.0465	-0.0674	4.2054	4.0186	4.3092	22.06%	19.16%	16.20%
L1 Group Limited (L1G)	$2,734M	4.8257	-0.0724	0.1596	16.7717	18.0815	15.5930	2.82%	4.75%	5.34%
Magellan Financial Group Limited (MFG)	$2,148M	-0.4830	0.3557	0.0742	15.1622	11.1839	10.4113	8.86%	7.60%	7.68%
Netwealth Group Limited (NWL)	$4,282M	-0.4920	1.3087	0.1705	72.1923	31.2691	26.7137	2.41%	2.57%	3.00%
Pinnacle Investment Management Group Limited (PNI)	$3,512M	-0.0753	0.5047	0.1958	24.9913	16.6091	13.8894	4.16%	5.25%	6.16%

NWL Directors

Name	Position	Start Date
Mr Matthew (Matt) Alexander Max Heine	Chief Executive Officer, Joint Managing Director	30 Jun 2017
Mr Davyd Lewis	Non-Executive Director	30 Jun 2017
Mr Michael Max Heine	Non-Executive Director	30 Jun 2017
Ms Sarah Jane Brennan	Non-Executive Director	28 Feb 2024
Ms Sally Margaret Freeman	Non-Executive Director	10 Oct 2019
Ms Kate Temby	Non-Executive Director	1 Feb 2021
Mr Michael Howard Wachtel	Non-Executive Director, Non-Executive Chairman	3 Jun 2025

Netwealth Group Limited (NWL) Changes in Directors' Interest & Trades

Date of change	Director	Buy/Sell	Security Type	Qty	Trade Price	Value
28 Sep 2026	BRENNAN, Sarah	Buy	Indirect Shares	7,761	$16.750	$129,996.750
25 Sep 2026	TEMBY, Kate	Buy	Indirect Shares	2,000	$17.002	$34,004.790
15 Sep 2025	HEINE, Matthew (Matt)	Exercise	Options	153,232	$11.561	$1,771,496.000

See all changes in directors' interest & trades for Netwealth Group Limited (NWL) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

NWL Management

Name	Position
David Sutherland	Chief Customer Operations Officer
Hayden Stockdale	Chief Financial Officer
Shanyn Payne	Chief People Officer
Nick Walker	Chief Technology Officer
Jodie Henson	Company Secretary
Matt West	Executive General Manager - Product and Marketing
Damian Holland	Executive General Manager - Sales & Distributions
Jason Huddy	Executive General Manager Investment Solutions and Governance
Lindsay Coates	Executive General Manager, Private Wealth & Banking

NWL Substantial Shareholders

Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in Netwealth Group Limited (NWL). However, you won't necessarily see their names in the company’s annual report, as many trade under nominee names. These shareholders are obliged to provide ongoing substantial notices relating to any change of 1% or more.

Holding	Name
103,421,775 (42.15%)	Matthew Alexander Max Heine
100,086,750 (40.79%)	Nicholas St Clair Max Heine
100,040,000 (40.77%)	Michael Max Heine
100,040,000 (40.77%)	Heine Brothers Pty Ltd
13,733,743 (5.60%)	Leslie Max Heine Pty Ltd

NWL Calendar of Events

Date	Event
25 August 2027	Report (Annual)
25 August 2027	Report (Prelim)
17 February 2027	Report (Interim)

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