ETF reportAs of 29 May 2026May 2026

The ETFs we track held $348.6bn; the lowest fee to buy the S&P 500 was 0.04% a year, and no fund changed its fee.

From the ASX Investment Products report dated 29 May 2026 · 445 ETFs from 64 issuers

Lowest fees, market by market

ASX report dated 29 May 2026
  1. 1st
    0.04% a yearIVV · iShares S&P 500 ETFiShares$13.8bn invested · 0.023% average spreadGo to site
  2. 2ndV500 · Vanguard S&P 500 US Shares Index ETFVanguard0.07% a year
  3. 3rdV5AH · Vanguard S&P 500 US Shares Index (Hedged) ETFVanguard · Hedged0.09% a year
  1. 4State Street SPY · SPDR S&P 500 ETF0.0945% a year
  2. 5iShares IHVV · iShares S&P 500 AUD Hedged ETFHedged0.10% a year
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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 2020

The 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 0.34% in this one.

Fee changes and new funds

Against the April 2026 report
  1. Ausbil ASUS · Ausbil Active Sustainable Equity Fund - Active ETFAustralian shares— → 1.00% · Listed by 29 MayNew
  2. Plato PGI2 · Plato Global Shares Income Fund – Active ETFGlobal shares— → 0.85% · Listed by 29 MayNew
  3. Betashares RCKT · Betashares Space Industry ETFSectors and themes— → 0.57% · Listed by 29 MayNew
  4. VanEck AQTY · VanEck MSCI Australian Quality Plus ETFAustralian shares— → 0.35% · Listed by 29 MayNew
  5. First Sentier FSCF · First Sentier Active Cash Fund Active ETFCash— → 0.20% · Listed by 29 MayNew
  6. Global X GHRP · Global X S&P World ex Australia GARP (Currency Hedged) ETFGlobal shares— → 0.33% · Listed by 29 MayNew
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.
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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 29 May 2026, the 445 ETFs BankMate tracks, from 64 issuers, held $348.6bn. The lowest management fee among the 5 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 0.34%. The largest fund was VAS (Vanguard Australian Shares Index ETF) with $25.5bn invested. The 439 funds in both this and the April 2026 report held $347.9bn, against $330.7bn a month earlier, a change that counts market moves as well as money put in or taken out. Against the previous report, 6 funds were listed for the first time.