ETF reportAs of 31 July 2023July 2023
The ETFs we track held $141.5bn; the lowest fee to buy the S&P 500 was 0.04% a year, and 6 funds changed their fees.
Lowest fees, market by market
ASX report dated 31 July 2023- 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$1.18bn invested · 0.045% 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 June 2023 report- Vanguard VAS · Vanguard Australian Shares Index ETFAustralian shares0.10% → 0.07% · By 31 JulBy 31 Jul0.10% → 0.07%−0.03
- Vanguard VAF · Vanguard Australian Fixed Interest Index ETFBonds0.15% → 0.10% · By 31 JulBy 31 Jul0.15% → 0.10%−0.05
- VanEck IFRA · VanEck FTSE Global Infrastructure (Hedged) ETFProperty and infrastructure0.52% → 0.20% · By 31 JulBy 31 Jul0.52% → 0.20%−0.32
- VanEck REIT · VanEck FTSE International Property (Hedged) ETFProperty and infrastructure0.43% → 0.20% · By 31 JulBy 31 Jul0.43% → 0.20%−0.23
- iShares GLIN · iShares Core FTSE Global Infrastructure (AUD Hedged) ETFProperty and infrastructure0.20% → 0.15% · By 31 JulBy 31 Jul0.20% → 0.15%−0.05
- iShares GLPR · iShares Core FTSE Global Property Ex Australia (AUD Hedged) ETFProperty and infrastructure0.20% → 0.15% · By 31 JulBy 31 Jul0.20% → 0.15%−0.05
- Global X BCOM · Global X Bloomberg Commodity Complex ETFGold and commodities— → 0.60% · Listed by 31 JulListed by 31 Jul— → 0.60%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 July 2023, the 272 ETFs BankMate tracks, from 37 issuers, held $141.5bn. 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 0.04% (A200, Betashares). The median fee among index funds was 0.35%. The largest fund was VAS (Vanguard Australian Shares Index ETF) with $12.5bn invested. The 271 funds in both this and the June 2023 report held $141.5bn, against $137.8bn a month earlier, a change that counts market moves as well as money put in or taken out. Against the previous report, 6 funds cut their fees and 1 fund was listed for the first time.