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Lowest Cost Australian Shares ETFs

Broad Australian shares ETFs on the ASX ranked by management fee (MER), lowest first. The Holdings data column shows whether ETFLens tracks live holdings for each fund. A lower fee is one factor among many.

#ETFTickerFee (MER)Fund sizeHoldings data
1Macquarie Core Australian Equity Active ETFMQAE0.03%approx. $1.0BLive
2Betashares Australia 200 ETFA2000.04%approx. $9.5BLive
3Global X Australia 300 ETFA3000.04%approx. $11MLive
4State Street SPDR S&P/ASX 200 ETFSTW0.05%approx. $6.4BLive
5iShares Core S&P/ASX 200 ETFIOZ0.05%approx. $8.4BLive
6Vanguard Australian Shares Index ETFVAS0.07%approx. $24.3BLive
7Vanguard MSCI Australian Large Companies Index ETFVLC0.20%approx. $309MLive
8SPDR S&P/ASX 50 ETFSFY0.20%approx. $709MLive
9iShares S&P/ASX 20 ETFILC0.24%approx. $744MLive
10Betashares Australian Ex-20 Portfolio Diversifier ETFEX200.25%approx. $642MLive
11Global X S&P Australia GARP ETFGRPA0.25%approx. $2MLive
12VanEck Australian Banks ETFMVB0.28%approx. $288MLive
13Dimensional Australian Core Equity Trust - Active ETFDACE0.28%approx. $6.4BStatic
14VanEck Australian RMBS ETFRMBS0.29%approx. $29MLive
15Vanguard MSCI Australian Small Companies Index ETFVSO0.30%approx. $1.1BLive
16iShares Edge MSCI Australia Multifactor ETFAUMF0.30%approx. $143MLive
17Dimensional Australian Value Trust - Active ETFDAVA0.34%approx. $1.4BStatic
18VanEck Australian Equal Weight ETFMVW0.35%approx. $3.2BLive
19Betashares FTSE RAFI Australia 200 ETFQOZ0.35%approx. $1.1BLive
20Betashares Managed Risk Australian Shares Complex ETFAUST0.35%approx. $27MLive
21Betashares Australian Momentum ETFMTUM0.35%approx. $199MLive
22Betashares Australian Small Companies Select ETFSMLL0.39%approx. $327MLive
23VanEck S&P/ASX MidCap ETFMVE0.45%approx. $469MLive
24Russell Investments Australian Responsible Investment ETFRARI0.45%approx. $423MStub
25State Street SPDR S&P/ASX Small Ordinaries ETFSSO0.50%approx. $200MLive
26iShares S&P/ASX Small Ordinaries ETFISO0.55%approx. $129MLive
27Global X S&P/ASX 200 Covered Call ETFAYLD0.60%approx. $93MLive
28Geared Australian Equities Complex ETFGEAR0.74%approx. $558MLive
29First Sentier ex-20 Australian Share Fund Active ETFXX200.75%approx. $103MLive
30Airlie Australian Share Fund - Active ETFAASF0.78%approx. $890MLive
31Fidelity Australian High Conviction Active ETFFHCO0.85%approx. $2MLive
32Firetrail Australian Small Companies Fund - Active ETFFSML0.85%approx. $519MLive
33Intelligent Investor Australian Equity - Active ETFINIF0.97%approx. $69MStatic
34Investors Mutual Concentrated Australian Share Fund - Active ETFIMLC0.99%approx. $3MLive
35Spheria Australian Smaller Companies Fund - Active ETFSPHX1.10%approx. $2MStatic

MER is the annual management fee only and excludes brokerage and buy/sell spreads. Live means the fund's holdings refresh from its issuer file; Static means a stored top-holdings list; Stub means fees and fund size only.

Figures are approximate and as at Q2 2026. Past performance is not a reliable indicator of future returns. General information only, not financial advice. ETFLens does not hold an Australian Financial Services Licence (AFSL).

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