Netwealth Group Limited (ASX: NWL) - ETF Exposure

Current share price for NWL : $20.370 0.17 (0.83%)⁺

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	http://www.netwealth.com.au
Industry/Sector	Asset Management & Custody Banks
Market Cap ($M)	5,000
NWL Share Price	$20.370
Day High	$20.800
Day Low	$20.220
Last Close	$20.540
NWL Share Price Movement	$0.17 ( 0.83% )

Prices as at 16:40, 4 Sep 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 28 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 XX20, AQLT, IMPQ, ISO and SSO that hold it can move with it.

For more concentrated exposure, ETFs such as XX20 (First Sentier EX-20 Australian Share Active ETF) allocate about 2% to NWL , while the average exposure across all 28 ETFs that hold it is around 0.4% .

Top ETF holdings

First Sentier EX-20 Australian Share Active ETF (XX20) ~ 2%
BetaShares Australian Quality ETF (AQLT) ~ 2%
eInvest Better Future (Managed Fund) (IMPQ) ~ 1%
iShares S&P/ASX Small Ordinaries ETF Index Fund (ISO) ~ 0.9%
SPDR S&P/ASX Small Ordinaries Fund (SSO) ~ 0.9%

Last updated: ETF data and holdings as at 4 September 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	XX20 ASX	AQLT ASX	IMPQ ASX	ISO ASX	SSO ASX
Holdings	1 company	28 holdings	46 holdings	41 holdings	201 holdings	202 holdings
NWL Weight	100%	2%	2%	1%	0.9%	0.9%
Diversification	Single Stock	Broad	Broad	Broad	Broad	Broad
Annual Cost	Brokerage only	0.75% p.a.	0.35% p.a.	0.89% p.a.	0.55% p.a.	0.5% p.a.
Approx. Yield	2%	1.35%	4.06%	2.17%	4.24%	9.03%
Star Ratings	-

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	$20.370	-5.03%	-$503	$9,497
First Sentier EX-20 Australian Share Active ETF (XX20)	Equity - Australia Strategy	$1.305	-2.97%	-$297	$9,703
BetaShares Australian Quality ETF (AQLT)	Equity - Australia Strategy	$35.480	-0.22%	-$22	$9,978
eInvest Better Future (Managed Fund) (IMPQ)	Equity - Australia Small/Mid Cap	$4.140	-0.48%	-$48	$9,952
iShares S&P/ASX Small Ordinaries ETF Index Fund (ISO)	Equity - Australia Small/Mid Cap	$5.160	-0.96%	-$96	$9,904
SPDR S&P/ASX Small Ordinaries Fund (SSO)	Equity - Australia Small/Mid Cap	$14.860	-1.07%	-$107	$9,893

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

28 ETFs hold Netwealth Group Limited (NWL).

ETF	NWL Weight	MER	Yield
First Sentier EX-20 Australian Share Active ETF (XX20)	2%	0.75%	1.35%
BetaShares Australian Quality ETF (AQLT)	2%	0.35%	4.06%
eInvest Better Future (Managed Fund) (IMPQ)	1%	0.89%	2.17%
iShares S&P/ASX Small Ordinaries ETF Index Fund (ISO)	0.9%	0.55%	4.24%
SPDR S&P/ASX Small Ordinaries Fund (SSO)	0.9%	0.5%	9.03%
Vanguard MSCI Australian Small Companies Index ETF (VSO)	0.5%	0.3%	4.65%
Russell Invest Aust Responsible Inv ETF (RARI)	0.4%	0.45%	5.73%
First Sentier Geared Australian Share Fund Complex ETF (LEVR)	0.3%	2.38%	0.59%
SPDR S&P/ASX200 Financials ex-REIT Fund (OZF)	0.3%	0.34%	2.91%
Dimensional Australian Core Equity (Managed Fund) (DACE)	0.3%	0.28%	2.94%

View all 28 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 - 2026 Full Year Results Presentation

Netwealth Group Limited reported robust financial and operational performance for the fisc

Netwealth Group Limited (NWL)
26 Aug 2026 | 8:42 AM

NWL - 2026 Full Year Results Announcement

Netwealth Group Limited reported strong financial performance for the fiscal year 2026, wi

Netwealth Group Limited (NWL)
26 Aug 2026 | 8:38 AM

NWL - 2026 Full Year Annual Report and Appendix 4E

Netwealth Group Limited's 2026 Full Year Annual Report highlights a strong financial perfo

Netwealth Group Limited (NWL)
26 Aug 2026 | 8:36 AM

NWL - June 2026 Quarterly Business Update

Netwealth Group Limited reported solid financial performance in the June 2026 quarter, wit

Netwealth Group Limited (NWL)
16 Jul 2026 | 8:23 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	$5,000	Application for quotation of securities - NWL	4 Sep 2026 11:24AM	$20.290	$20.370	risen by 0.39%
Netwealth Group Limited (NWL) ORDINARY FULLY PAID	Financials	$5,000	Application for quotation of securities - NWL	2 Sep 2026 10:48AM	$20.460	$20.370	fallen by 0.44%
Netwealth Group Limited (NWL) ORDINARY FULLY PAID	Financials	$5,000	2026 Corporate Sustainability Report	26 Aug 2026 8:44AM	$22.220	$20.370	fallen by 8.33%
Netwealth Group Limited (NWL) ORDINARY FULLY PAID	Financials	$5,000	Appendix 4G	26 Aug 2026 8:43AM	$22.220	$20.370	fallen by 8.33%
Netwealth Group Limited (NWL) ORDINARY FULLY PAID	Financials	$5,000	Dividend/Distribution - NWL	26 Aug 2026 8:42AM	$22.220	$20.370	fallen by 8.33%
Netwealth Group Limited (NWL) ORDINARY FULLY PAID	Financials	$5,000	2026 Full Year Results Presentation	26 Aug 2026 8:42AM	$22.220	$20.370	fallen by 8.33%

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)	$3,668M	-0.0055	-0.1323	-0.1344	5.2409	6.0399	6.9781	17.70%	15.15%	13.15%
L1 Group Limited (L1G)	$3,118M	4.8257	-0.0126	0.0510	19.1339	19.3780	18.4370	2.47%	5.14%	5.41%
Magellan Financial Group Limited (MFG)	$2,505M	-0.4830	0.3557	0.0742	17.6823	13.0428	12.1418	7.59%	6.52%	6.59%
Netwealth Group Limited (NWL)	$5,040M	-0.4920	1.3875	0.1842	85.1223	35.6535	30.1085	2.04%	2.24%	2.66%
Pinnacle Investment Management Group Limited (PNI)	$3,460M	-0.0753	0.5076	0.2027	24.8873	16.5076	13.7259	4.18%	5.28%	6.24%

NWL Market Comparison

	Earnings	P/E Ratio	P/B Ratio	P/E Growth
Company	1.34	67.50	30.90	0.99
Market	0.35	13.60	1.17	0.81
Sector	0.33	12.60	1.03	0.98

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
15 Sep 2025	HEINE, Matthew (Matt)	Exercise	Options	153,232	$11.561	$1,771,496.000
15 Sep 2025	HEINE, Matthew (Matt)	Buy	Indirect Shares	153,232	$11.561	$1,771,496.000
2 Sep 2025	BRENNAN, Sarah	Buy	Indirect Shares	3,080	$32.383	$99,739.160

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
Hayden Stockdale	Chief Financial Officer
John Hanrahan	Chief Information Officer
Shanyn Payne	Chief People Officer
Jodie Henson	Company Secretary
Matt West	Executive General Manager Product and Marketing
Damian Holland	Executive General Manager Sales and Distributions
Amanda Atkinson	Executive General Manager Service, Administration and Support
David Sutherland	Executive General Manager, Investment Operations and Managed Accounts
Lindsay Coates	Executive General Manager, Private Wealth and 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
116,648,341 (47.60%)	Matthew Alexander Max Heine
113,495,015 (46.32%)	Nicholas St Clair Max Heine
113,448,265 (46.30%)	Heine Brothers Pty Ltd
113,448,265 (46.30%)	Michael Max Heine
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)
29 September 2026	Div Pay Date
10 September 2026	Books Close
09 September 2026	Div Ex Date

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