ETF reportAs of 30 November 2023November 2023
The ETFs we track held $158.1bn; the lowest fee to buy the S&P 500 was 0.04% a year, and 1 fund changed its fee.
Lowest fees, market by market
ASX report dated 30 November 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$1.37bn invested · 0.04% 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 October 2023 report- Global X USHY · Global X USD High Yield Bond ETF (Currency Hedged)Bonds0.40% → 0.30% · By 30 NovBy 30 Nov0.40% → 0.30%−0.10
- Dimensional DACE · Dimensional Australian Core Equity Trust – Active ETFAustralian shares— → 0.28% · Listed by 30 NovListed by 30 Nov— → 0.28%New
- Dimensional DGCE · Dimensional Global Core Equity Trust (Unhedged Class) – Active ETFGlobal shares— → 0.36% · Listed by 30 NovListed by 30 Nov— → 0.36%New
- Dimensional DFGH · Dimensional Global Core Equity Trust (AUD Hedged Class) – Active ETFGlobal shares— → 0.36% · Listed by 30 NovListed by 30 Nov— → 0.36%New
- L1 Capital L1IF · L1 Capital International (Unhedged) Active ETFGlobal shares— → 1.20% · Listed by 30 NovListed by 30 Nov— → 1.20%New
- Betashares MMKT · Betashares Australian Cash Plus Active ETFCash— → 0.18% · Listed by 30 NovListed by 30 Nov— → 0.18%New
- iShares GLDN · iShares Physical Gold ETFGold and commodities— → 0.18% · Listed by 30 NovListed by 30 Nov— → 0.18%New
- VanEck MHOT · VanEck Morningstar Wide Moat (AUD Hedged) ETFUS shares— → 0.52% · Listed by 30 NovListed by 30 Nov— → 0.52%New
- Hejaz SKUK · Hejaz Sukuk Active ETFBonds— → 1.33% · Listed by 30 NovListed by 30 Nov— → 1.33%New
- Betashares CFLO · Betashares Global Cash Flow Kings ETFGlobal shares— → 0.40% · Listed by 30 NovListed by 30 Nov— → 0.40%New
- VanEck QHSM · VanEck MSCI International Small Companies Quality (AUD Hedged) ETFGlobal shares— → 0.62% · Listed by 30 NovListed by 30 Nov— → 0.62%New
- VanEck HVLU · VanEck MSCI International Value (AUD Hedged) ETFGlobal shares— → 0.43% · Listed by 30 NovListed by 30 Nov— → 0.43%New
- Macquarie MQDB · Macquarie Dynamic Bond Active ETFBonds— → 0.614% · Listed by 30 NovListed by 30 Nov— → 0.614%New
- Macquarie MQIO · Macquarie Income Opportunities Active ETFBonds— → 0.492% · Listed by 30 NovListed by 30 Nov— → 0.492%New
- Macquarie MQWS · Macquarie Walter Scott Global Equity Active ETFGlobal shares— → 1.28% · Listed by 30 NovListed by 30 Nov— → 1.28%New
- JPMorgan JRHG · JPMorgan Global Research Enhanced Index Equity (Hedged) Active ETFGlobal shares— → 0.30% · Listed by 30 NovListed by 30 Nov— → 0.30%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 30 November 2023, the 296 ETFs BankMate tracks, from 41 issuers, held $158.1bn. 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 $13.2bn invested. The 281 funds in both this and the October 2023 report held $147.4bn, against $138.8bn a month earlier, a change that counts market moves as well as money put in or taken out. Against the previous report, 1 fund cut its fee and 15 funds were listed for the first time.