Learn how Betashares’ HYLD ETF is constructed, its rules to target high yield Australian shares, the guardrails used to avoid dividend traps, and whether it could be a fit in your portfolio. In this Australian Finance Podcast episode, Owen Rask chats with Cameron Gleeson from Betashares about their newly launched HYLD ETF – the Betashares S&P/ASX Australian Shares High Yield ETF. They cover: – How HYLD is built and what sets it apart from other dividend ETFs – The ETF ecosystem: index providers, market makers, and transparency – Why avoiding “dividend traps” matters for income investors – How HYLD uses yield, volatility, and momentum filters to improve risk-adjusted income – Monthly distributions and who the ETF might suit If you like this episode on HYLD and dividend investing, you’ll love our other investing deep-dives. Subscribe for weekly shows on Apple(https://podcasts.apple.com/au/podcast/australian-finance-podcast/id1454193127), Spotify(https://open.spotify.com/show/0KEsqdQgVCL6BKomPoNVOz), YouTube(https://www.youtube.com/channel/UCvOPFdkhCBIK2Y5QbDtOZXA), or wherever you get your podcasts! Follow us on Instagram(https://www.instagram.com/rask.invest/) and [TikTok](https://www.tiktok.com/@rask.invest) for more investing insights. Chapters: 00:00 – Intro 01:06 – Welcome & Introduction to Cameron Gleeson 01:36 – Launch of Betashares High Yield ETF (HYLD) 02:55 – ETF Popularity & Early Performance 05:21 – Do ETFs Make Regular Investing Easier? 07:27 – ETFs vs LICs – Key Differences 10:58 – How an ETF is Constructed 16:05 – The Role of Index Providers & Tracking Error 17:07 – Why Launch a New Dividend ETF? 21:31 – Adding Guardrails to Avoid Dividend Traps 23:24 – Examples of Avoiding Risky Dividend Stocks 25:42 – Yield Comparison: HYLD vs ASX 200 29:05 – The CBA Example – Falling Dividend Yield 30:11 – Decline in Analyst Coverage & ETF Impacts 34:34 – Community Q&A: Bonds vs Dividend ETFs 36:23 – Q&A: Dividends vs Growth for Long-Term Wealth 38:03 – Q&A: Is H-YLD a Core or Satellite Holding? 40:07 – Why CBA Isn’t in HYLD Resources for this episode NEW: Betashares High Yield Shares ETF: https://www.betashares.com.au/fund/australian-shares-high-yield-etf/?utm_source=RASK Cam's article on dividend traps: https://www.betashares.com.au/insights/intelligent-income-investing/?utm_source=RASK ~~ Show partner resources ~~ 💰 Join Pearler using code “RASK” for $15 of Pearler Credit – https://bit.ly/Pearler 📊 Get 50% off your first two months using PocketSmith – https://bit.ly/R-PocketSmith 📈 View Betashares full range of funds – https://bit.ly/beta-25 ~~ Rask resources ~~ 🔗 Explore all Rask services – https://bit.ly/R-services 📋 Learn about Rask Financial Planning – https://bit.ly/R-plan 📈 Start investing with Rask – https://bit.ly/R-invest 📜 Access Show Notes – https://bit.ly/R-notes ❓ Ask a question – just select the Finance Podcast – https://bit.ly/R-quest 📲 Follow us on social media: Instagram: @rask.invest – https://www.instagram.com/rask.invest/ TikTok: @rask.invest – https://www.tiktok.com/@rask.invest DISCLAIMER This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs before acting on it. If you’re unsure, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG) – https://www.rask.com.au/fsg