ETF reportAs of 31 October 2023October 2023
The ETFs we track held $138.8bn; the lowest fee to buy the S&P 500 was 0.04% a year, and 7 funds changed their fees.
Lowest fees, market by market
ASX report dated 31 October 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$1.15bn invested · 0.047% 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 September 2023 report- State Street STW · SPDR S&P/ASX 200 ETFAustralian shares0.13% → 0.05% · By 31 OctBy 31 Oct0.13% → 0.05%−0.08
- State Street SYI · SPDR MSCI Australia Select High Dividend Yield ETFAustralian shares0.35% → 0.20% · By 31 OctBy 31 Oct0.35% → 0.20%−0.15
- State Street WDIV · SPDR S&P Global Dividend ETFGlobal shares0.50% → 0.35% · By 31 OctBy 31 Oct0.50% → 0.35%−0.15
- State Street QMIX · SPDR MSCI World Quality Mix ETFGlobal shares0.40% → 0.18% · By 31 OctBy 31 Oct0.40% → 0.18%−0.22
- State Street E200 · SPDR S&P/ASX 200 ESG ETFAustralian shares0.13% → 0.05% · By 31 OctBy 31 Oct0.13% → 0.05%−0.08
- State Street GOVT · SPDR S&P/ASX Australian Government Bond ETFBonds0.22% → 0.10% · By 31 OctBy 31 Oct0.22% → 0.10%−0.12
- iShares IUSG · iShares U.S. Treasury Bond (AUD Hedged) ETFBonds0.04% → 0.15% · By 31 OctBy 31 Oct0.04% → 0.15%+0.11
- Betashares H100 · Betashares FTSE 100 Currency Hedged ETFGlobal shares— → 0.48% · Listed by 31 OctListed by 31 Oct— → 0.48%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 October 2023, the 281 ETFs BankMate tracks, from 38 issuers, held $138.8bn. 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 0.04% (A200, Betashares). The median fee among index funds was 0.35%. The largest fund was VAS (Vanguard Australian Shares Index ETF) with $12.4bn invested. The 279 funds in both this and the September 2023 report held $138.8bn, against $141bn 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, 1 fund raised its fee and 1 fund was listed for the first time.