ETF reportAs of 30 September 2024September 2024
The ETFs we track held $211bn; the lowest fee to buy the S&P 500 was 0.04% a year, and no fund changed its fee.
Lowest fees, market by market
ASX report dated 30 September 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$1.88bn invested · 0.041% 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 August 2024 report- Nanuk NNWH · Nanuk New World Fund (Currency Hedged) Active EFTGlobal shares— → 1.10% · Listed by 30 SepListed by 30 Sep— → 1.10%New
- Daintree DCOR · Daintree Core Income Active ETFBonds— → 0.45% · Listed by 30 SepListed by 30 Sep— → 0.45%New
- VanEck DFND · VanEck Global Defence ETFSectors and themes— → 0.65% · Listed by 30 SepListed by 30 Sep— → 0.65%New
- Global X GARP · Global X S&P World ex Australia GARP ETFGlobal shares— → 0.30% · Listed by 30 SepListed by 30 Sep— → 0.30%New
- iShares ULTB · iShares 20+ Year U.S. Treasury Bond (AUD Hedged) ETFBonds— → 0.15% · Listed by 30 SepListed by 30 Sep— → 0.15%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 September 2024, the 345 ETFs BankMate tracks, from 46 issuers, held $211bn. 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 $16.9bn invested. The 340 funds in both this and the August 2024 report held $210.9bn, against $204.2bn a month earlier, a change that counts market moves as well as money put in or taken out. Against the previous report, 5 funds were listed for the first time.