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ETF reportAs of 31 July 2020July 2020

The ETFs we track held $64.7bn; the lowest fee to buy the S&P 500 was 0.04% a year, and no fund changed its fee.

From the ASX Investment Products report dated 31 July 2020 · 196 ETFs from 19 issuers

Lowest fees, market by market

ASX report dated 31 July 2020
  1. 1st
    0.04% a yearIVV · iShares S&P 500 ETFiShares$3.15bn invested · 0.044% average spreadGo to site
  2. 2ndSPY · SPDR S&P 500 ETFState Street0.0945% a year
  3. 3rdIHVV · iShares S&P 500 AUD Hedged ETFiShares · Hedged0.10% a year
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Index funds and funds backed by the metal that buy one market, ranked by the management fee, a tie going to the narrower average spread; Largest ranks every fund but complex ones by money invested. Past returns are never ranked.

Fee changes and new funds

First edition

July 2020 is the first ASX report BankMate holds. From the next, this lists every fee change and every new fund.

Data
The ASX Investment Products report, published each month and dated to the month's last day: each fund's management fee, money invested and average bid/ask spread as the ASX files them. A fee change is dated to the report that first shows it; a fee that moves and moves back a report later is a filing slip and is left out.
Like for like
Each fee list holds funds that buy one market, the leaderboard's own rules: no active funds, which don't buy the index, and no complex products (geared, short or built on derivatives). Money invested moves with the market as well as with money put in or taken out.
Scope
ETFs on the ASX that BankMate tracks. Editions before October 2026 hold only the funds still listed at the end of September 2026, so a fund that closed before then isn't in them. Methodology · Today's leaderboard

In the ASX Investment Products report dated 31 July 2020, the 196 ETFs BankMate tracks, from 19 issuers, held $64.7bn. The lowest management fee among the 3 S&P 500 ETFs was 0.04% a year (IVV, iShares). Among ETFs holding Australia's largest 200 or 300 companies it was 0.07% (A200, Betashares). The median fee among index funds was 0.35%. The largest fund was VAS (Vanguard Australian Shares Index ETF) with $5.59bn invested. No fund changed its fee and none was listed for the first time against the previous report.