ETF reportAs of 28 February 2025February 2025
The ETFs we track held $239.2bn; 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 28 February 2025- 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$2.11bn invested · 0.029% 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 January 2025 report- Global X U100 · Global X US 100 ETFUS shares0.24% → 0.18% · By 28 FebBy 28 Feb0.24% → 0.18%−0.06
- iShares IXJ · iShares Global Healthcare ETFSectors and themes0.40% → 0.41% · By 28 FebBy 28 Feb0.40% → 0.41%+0.01
- iShares IVE · iShares MSCI EAFE ETFGlobal shares0.31% → 0.32% · By 28 FebBy 28 Feb0.31% → 0.32%+0.01
- Franklin Templeton R3AL · Martin Currie Real Income Fund – Active ETFAustralian shares0.00% → 0.85% · By 28 FebBy 28 Feb0.00% → 0.85%+0.85
- Fidelity FEMX · Fidelity Global Emerging Markets Active ETFAsia and emerging markets0.99% → 1.00% · By 28 FebBy 28 Feb0.99% → 1.00%+0.01
- iShares IXI · iShares Global Consumer Staples ETFSectors and themes0.40% → 0.41% · By 28 FebBy 28 Feb0.40% → 0.41%+0.01
- VanEck ALFA · VanEck Australian Long Short Complex ETFAustralian shares0.00% → 0.39% · By 28 FebBy 28 Feb0.00% → 0.39%+0.39
- Macquarie MQSD · Macquarie Subordinated Debt Active ETFBonds— → 0.29% · Listed by 28 FebListed by 28 Feb— → 0.29%New
- Macquarie MQYM · Macquarie Global Yield Maximiser Active ETFBonds— → 0.59% · Listed by 28 FebListed by 28 Feb— → 0.59%New
- Global X RSSL · Global X Russell 2000 ETFUS shares— → 0.08% · Listed by 28 FebListed by 28 Feb— → 0.08%New
- Betashares QBTC · Betashares Bitcoin ETFCrypto— → 0.45% · Listed by 28 FebListed by 28 Feb— → 0.45%New
- Betashares QETH · Betashares Ethereum ETFCrypto— → 0.45% · Listed by 28 FebListed by 28 Feb— → 0.45%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 28 February 2025, the 360 ETFs BankMate tracks, from 48 issuers, held $239.2bn. 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 $18.4bn invested. The 355 funds in both this and the January 2025 report held $239bn, against $241bn 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, 6 funds raised their fees and 5 funds were listed for the first time.