BankMate
Portfolio
CompareQuestionsLeaders

ETF reportAs of 31 August 2026August 2026

The ETFs we track held $371.6bn; 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 31 August 2026 · 468 ETFs from 69 issuers

Lowest fees, market by market

ASX report dated 31 August 2026
  1. 1st
    0.04% a yearIVV · iShares S&P 500 ETFiShares$14.6bn invested · 0.02% 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
Compare ETFs

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 July 2026 report
  1. Vanguard VFLT · Vanguard Australian Floating Rate Bond Index ETFBonds— → 0.15% · Listed by 31 AugNew
  2. VanEck RESM · VanEck Rare Earth and Strategic Metals ex China ETFSectors and themes— → 0.59% · Listed by 31 AugNew
  3. VanEck SMHG · VanEck Global Semiconductor ETFSectors and themes— → 0.35% · Listed by 31 AugNew
  4. VanEck QNTM · VanEck Quantum ETFSectors and themes— → 0.65% · Listed by 31 AugNew
  5. Betashares DVGR · Betashares Diversified Growth ETFA ready-made mix— → 0.19% · Listed by 31 AugNew
  6. State Street SBHI · State Street Blackstone High Income (AUD Hedged) Active ETFBonds— → 0.70% · Listed by 31 AugNew
  7. State Street SBSL · State Street Blackstone Senior Loan (AUD Hedged) Active ETFBonds— → 0.70% · Listed by 31 AugNew
  8. Betashares DCRD · Betashares Diversified Credit Income ETFA ready-made mix— → 0.22% · Listed by 31 AugNew
  9. JPMorgan JPOZ · JPMorgan Australia Equity Active ETFAustralian shares— → 0.25% · Listed by 31 AugNew
  10. Betashares DVHG · Betashares Diversified High Growth ETFA ready-made mix— → 0.19% · Listed by 31 AugNew
  11. Betashares DVBA · Betashares Diversified Balanced ETFA ready-made mix— → 0.19% · Listed by 31 AugNew
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 August 2026, the 468 ETFs BankMate tracks, from 69 issuers, held $371.6bn. 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 0.03% (A300, Global X). The median fee among index funds was 0.34%. The largest fund was VAS (Vanguard Australian Shares Index ETF) with $26.9bn invested. The 457 funds in both this and the July 2026 report held $371.6bn, against $360.1bn a month earlier, a change that counts market moves as well as money put in or taken out. Against the previous report, 11 funds were listed for the first time.