ETF reportAs of 31 May 2024May 2024
The ETFs we track held $186.2bn; the lowest fee to buy the S&P 500 was 0.04% a year, and 2 funds changed their fees.
Lowest fees, market by market
ASX report dated 31 May 2024- 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$1.67bn invested · 0.039% 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 April 2024 report- Schroders GROW · Schroder Real Return Active ETFA ready-made mix0.83% → 0.84% · By 31 MayBy 31 May0.83% → 0.84%+0.01
- Russell Investments RGOS · Russell Sust Global Opportunities Complex ETFGlobal shares0.04% → 0.95% · By 31 MayBy 31 May0.04% → 0.95%+0.91
- Macquarie MQAE · Macquarie Core Australian Equity Active ETFAustralian shares— → 0.03% · Listed by 31 MayListed by 31 May— → 0.03%New
- Betashares BSUB · Australian Major Bank Subordinated Debt ETFBonds— → 0.29% · Listed by 31 MayListed by 31 May— → 0.29%New
- Macquarie MQEG · Macquarie Core Global Equity Active ETFGlobal shares— → 0.08% · Listed by 31 MayListed by 31 May— → 0.08%New
- Global X GXLD · Global X Gold Bullion ETFGold and commodities— → 0.15% · Listed by 31 MayListed by 31 May— → 0.15%New
- Fidelity FCAP · Fidelity Global Leaders Active ETFGlobal shares— → 1.10% · Listed by 31 MayListed by 31 May— → 1.10%New
- Fidelity FIIN · Fidelity India Active ETFAsia and emerging markets— → 1.20% · Listed by 31 MayListed by 31 May— → 1.20%New
- Fidelity FASI · Fidelity Asia Active ETFAsia and emerging markets— → 1.16% · Listed by 31 MayListed by 31 May— → 1.16%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 May 2024, the 322 ETFs BankMate tracks, from 43 issuers, held $186.2bn. 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 $15bn invested. The 315 funds in both this and the April 2024 report held $186.2bn, against $182.9bn a month earlier, a change that counts market moves as well as money put in or taken out. Against the previous report, 2 funds raised their fees and 7 funds were listed for the first time.