ETF reportAs of 31 March 2021March 2021
The ETFs we track held $87.8bn; the lowest fee to buy the S&P 500 was 0.04% a year, and 22 funds changed their fees.
Lowest fees, market by market
ASX report dated 31 March 2021- 2ndSPY · SPDR S&P 500 ETFState Street0.0945% a year
- 3rdIHVV · iShares S&P 500 AUD Hedged ETFiShares · Hedged0.10% a year0.10% a yearIHVV · iShares S&P 500 AUD Hedged ETFiShares$575m invested · 0.082% average spreadGo to siteHedged3rd
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.
The lowest fee to buy the market
Since July 2020The lowest management fee a year in each month's ASX report, among the funds BankMate holds (before October 2026, those still listed at the end of September 2026); the median index fund charged 0.35% in this one.
Fee changes and new funds
Against the February 2021 report- Vanguard VEU · Vanguard All-World ex US Shares Index ETFGlobal shares0.09% → 0.08% · By 31 MarBy 31 Mar0.09% → 0.08%−0.01
- Betashares QUS · Betashares S&P 500 Equal Weight ETFUS shares0.40% → 0.29% · By 31 MarBy 31 Mar0.40% → 0.29%−0.11
- Betashares DHHF · Betashares Diversified All Growth ETFA ready-made mix0.26% → 0.19% · By 31 MarBy 31 Mar0.26% → 0.19%−0.07
- VanEck CETF · VanEck FTSE China A50 ETFAsia and emerging markets0.72% → 0.60% · By 31 MarBy 31 Mar0.72% → 0.60%−0.12
- iShares IEM · iShares MSCI Emerging Markets ETFAsia and emerging markets0.67% → 0.69% · By 31 MarBy 31 Mar0.67% → 0.69%+0.02
- iShares IAA · iShares Asia 50 ETFAsia and emerging markets0.50% → 0.51% · By 31 MarBy 31 Mar0.50% → 0.51%+0.01
- Magellan MICH · Magellan Infra Fund (Currency Hedged) - Active ETFProperty and infrastructure1.05% → 1.06% · By 31 MarBy 31 Mar1.05% → 1.06%+0.01
- iShares IJR · iShares S&P Small-Cap ETFUS shares0.07% → 0.09% · By 31 MarBy 31 Mar0.07% → 0.09%+0.02
- iShares IHWL · iShares Core MSCI World ex Australia ESG (AUD Hedged) ETFGlobal shares0.12% → 0.13% · By 31 MarBy 31 Mar0.12% → 0.13%+0.01
- Betashares OOO · Betashares Crude Crude Oil Index Currncy Hdg Complex ETFGold and commodities0.69% → 1.29% · By 31 MarBy 31 Mar0.69% → 1.29%+0.60
- iShares IJH · iShares S&P Midcap ETFUS shares0.07% → 0.09% · By 31 MarBy 31 Mar0.07% → 0.09%+0.02
- iShares IWLD · iShares Core MSCI World ex Australia ESG ETFGlobal shares0.09% → 0.10% · By 31 MarBy 31 Mar0.09% → 0.10%+0.01
- iShares IZZ · iShares China Large-Cap ETFAsia and emerging markets0.74% → 0.77% · By 31 MarBy 31 Mar0.74% → 0.77%+0.03
- Vanguard VVLU · Vanguard Global Value Equity Active ETFGlobal shares0.28% → 0.29% · By 31 MarBy 31 Mar0.28% → 0.29%+0.01
- Vanguard VISM · Vanguard MSCI International Small Companies Index ETFGlobal shares0.32% → 0.33% · By 31 MarBy 31 Mar0.32% → 0.33%+0.01
- iShares IKO · iShares MSCI South Korea ETFAsia and emerging markets0.59% → 0.63% · By 31 MarBy 31 Mar0.59% → 0.63%+0.04
- Betashares BEAR · BetaShares Australian Equities BEAR Complex ETFAustralian shares1.38% → 1.48% · By 31 MarBy 31 Mar1.38% → 1.48%+0.10
- Vanguard VETH · Vanguard Ethically Conscious Australian Shares ETFAustralian shares0.16% → 0.17% · By 31 MarBy 31 Mar0.16% → 0.17%+0.01
- Betashares HQLT · Betashares Global Quality Leaders ETF - Currency HedgedGlobal shares0.35% → 0.38% · By 31 MarBy 31 Mar0.35% → 0.38%+0.03
- Betashares DGGF · Betashares Ethical Diversified Growth ETFA ready-made mix0.26% → 0.39% · By 31 MarBy 31 Mar0.26% → 0.39%+0.13
- Betashares DZZF · Betashares Ethical High Growth ETFA ready-made mix0.26% → 0.39% · By 31 MarBy 31 Mar0.26% → 0.39%+0.13
- Betashares DBBF · Betashares Ethical Diversified Balanced ETFA ready-made mix0.26% → 0.39% · By 31 MarBy 31 Mar0.26% → 0.39%+0.13
- Hyperion HYGG · Hyperion Global Growth Companies Fund - Active ETFGlobal shares— → 0.70% · Listed by 31 MarListed by 31 Mar— → 0.70%New
- Betashares ERTH · Betashares Climate Change Innovation ETFSectors and themes— → 0.65% · Listed by 31 MarListed by 31 Mar— → 0.65%New
- VanEck CLNE · VanEck Global Clean Energy ETFSectors and themes— → 0.65% · Listed by 31 MarListed by 31 Mar— → 0.65%New
- VanEck VLUE · VanEck MSCI International Value ETFGlobal shares— → 0.40% · Listed by 31 MarListed by 31 Mar— → 0.40%New
- VanEck QSML · VanEck MSCI International Small Companies Quality ETFGlobal shares— → 0.59% · Listed by 31 MarListed by 31 Mar— → 0.59%New
- 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 March 2021, the 209 ETFs BankMate tracks, from 23 issuers, held $87.8bn. 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 $7.8bn invested. The 204 funds in both this and the February 2021 report held $86.6bn, against $83.1bn a month earlier, a change that counts market moves as well as money put in or taken out. Against the previous report, 4 funds cut their fees, 18 funds raised their fees and 5 funds were listed for the first time.