ETF leaderboard4 ETFs14 October 2026

The lowest-fee ETFs that hold developed markets outside Australia.

  1. First0.08%a year
    Betashares logo
    BGBL · Betashares Global Shares ETFBetashares
    0.023% average spread · $5.46bn investedGo to site
  2. Second0.11%a year
    Betashares logo
    HGBL · Betashares Global Shares Currency Hedged ETFBetashares
    Hedged · 0.028% average spread · $2.97bn investedGo to site
  3. Third0.18%a year
    Vanguard logo
    VGS · Vanguard MSCI Index International Shares ETFVanguard
    0.015% average spread · $18.7bn investedGo to site

Ranked by the management fee (MER) a year, lowest first; a tie goes to the narrower average bid/ask spread. Leaves out funds that screen or reweight the market (ethical, quality, small companies), funds that include emerging markets or Australia, active funds and complex products. Compares 2 issuers, not the whole market.

The other 1 ETF

Ranked by the management fee (MER) a year, lowest first; a tie goes to the narrower average bid/ask spread.

  1. 4
    Vanguard logo
    VGAD · Vanguard MSCI Index International Shares (Hedged) ETFVanguard
    0.21%a year0.13 above first rankedHedged · 0.02% average spread · $7.89bn invested

These funds hold the large and mid-sized companies of the developed world outside Australia, on two different indices. A hedged fund is marked Hedged.

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Compare 471 ETFs from 69 issuers

As of 14 October 2026, among the ETFs holding developed markets outside Australia that BankMate tracks, the lowest management fee is 0.08% a year, at BGBL (Betashares Global Shares ETF). How we rank →