Exchange Traded Funds (ETFs)

An Exchange Traded Fund (ETF) is an investment fund that can be bought and sold on the Australian Securities Exchange (ASX) just like ordinary shares.

There’s two types: Passive and Active

Passive ETFs
Are the most common and they track a benchmark (e.g. index, sector or commodity). Their goal is to move in line with the underlying benchmark and provide a near identical return (less fees). The difference between the ETFs return and the underlying benchmark’s return is called the “tracking error”. Fees with Passive ETFs are typical lower than Active ETFs and Managed Funds.

The largest Passive ETF of the ASX is the SPDR S&P/ASX 200 (STW) which tracks the return of the S&P/ASX 200 Index.

Active ETFs
Are less common and can be identified by the use of “Hedge Fund” or “Managed Fund” in their title. These ETFs are actively managed and aim to outperform a benchmark or follow an objective.

The most well-known Active ETF is the BetaShares Australian Equities Bear Hedge Fund (BEAR) which aims to generate returns that are negatively correlated to the returns of the S&P/ASX 200 Accumulation index.

While ETFs provide an excellent way to gain exposure to a whole market or sector through one transaction, some small funds have extremely low liquidity and might have a large “spread” in the buy/sell price.

IMPORTANT
ASXETFs.com doesn’t provide share price data.

The best website is Market Index.
They have current ASX share prices, company charts and announcements, dividend data, directors’ transactions and broker consensus.

 

What are the Pros and Cons?

ETFs have gained significant popularity over the past few years. This is primarily due to their simplicity, transparency and ability to provide exposure to a basket of shares in one transaction.

PROS

  • Simplicity
    You can buy and sell ETFs with your stockbroker just like ordinary shares.
  • Diversification
    Investors can gain access to a whole portfolio of companies through one security, foreign indices and commodities.
  • Transparency
    Fund Managers must regularly disclose their holdings along with their tracking error and fees.

CONS

  • Liquidity
    Some smaller funds have very low liquidity so exiting the security might be difficult or costly
  • Currency Fluctuations
    If you're investing in an ETF that tracks an overseas benchmark then currency movements will impact your investments return.

 


List of ASX ETFs (1 May 2018)

Excel (CSV): Download

Code Company Market Cap
DMKTAmpcap Dynamic MKTHF Trading 27,883,700
GLINAmpcap Global Infra Trading 22,876,500
AODAurora DIV Income Units7,228,850
HBRDBeta Active Hybrids Trading61,223,900
BBOZBeta Aust STR Bear Trading 76,100,000
HVSTBeta Divharvester ETF211,077,000
GGUSBeta Geared US EQ Trading 18,540,000
FOODBeta Global Agri ETF17,654,900
BNKSBeta Global Banks ETF77,405,900
HACKBeta Global Cyber ETF69,501,700
FUELBeta Global Energy ETF17,841,400
MNRSBeta Global Gold ETF5,110,710
DRUGBeta Global Health ETF22,082,500
AUSTBeta Managed Risk Au Trading 25,575,500
AUDSBeta Strong AUD Trading2,982,000
BBUSBeta US Strong Bear Trading 62,725,500
EX20BETAAUSEX20 ETF26,362,800
FAIRBetaausustainability ETF101,047,000
EINCBetalm Equity Income Trading7,271,910
BEARBetashares Aust BEAR ETF52,063,900
EEUBetashares Euro ETF ETF8,380,800
HEURBetashares WT Europe ETF52,962,300
HJPNBetashares WT Japan ETF73,495,700
AAABetasharescashetf ETF1,234,140,000
OOOBetasharescrudeoil ETF31,531,400
NDQBETASHARESNASDAQ100 ETF274,864,000
ETHIBetasustainability ETF174,207,000
GEARBetshares GEAR Fund ETF75,725,300
ILCS&P/ASX 20 ETF314,704,000
ISOS&P/ASX Small Ordinaries ETF84,521,200
COREETFs GLB CORE Infra ETF3,135,000
GOLDETFs Physical GOLD597,901,000
ETPMPDETFs Physical Palladium1,236,710
ETPMPTETFs Physical Platinum3,003,330
ETPMPMETFs Physical PM Basket5,121,410
ETPMAGETFs Physical Silver58,351,100
ESTXETFSEUROSTOXX50 ETF72,253,200
IAFIshares Comp BND ETF522,554,000
BILLIshares Core Cash ETF169,883,000
IHWLIshares Core WLD Aud ETF11,904,800
IWLDIshares Core WLD ETF23,403,700
AUMFIshares Edge Au MF ETF8,004,050
MVOLIshares Edge Au MVOL ETF6,433,580
ISECIshares Enhancd Cash ETF25,083,200
IHCBIshares GBL BND Aud ETF86,987,000
IHHYIshares GBLHGHYD Aud ETF25,297,500
IHOOIshares Global 100 ETF36,153,900
ILBIshares GOV Infl ETF107,872,000
IJHIshares Mid-Cap ETF 145,807,000
ISGIshares MSCI SG ETF 6,568,180
IKOIshares MSCI SK ETF 42,415,200
ITWIshares MSCI TW ETF 45,280,000
IHVVIshares S&P 500 Aud ETF112,037,000
IVVIshares S&P 500 ETF 2,599,820,000
IHDIshares S&P DIV Opp ETF256,074,000
IOZIshares S&P/ASX 200 ETF1,294,310,000
IJRIshares Small-Cap 115,129,000
IGBIshares Treasury ETF25,347,600
IHEBIshares Usdembond Au ETF13,443,800
IAAIshs Asia 50 ETF 435,783,000
IZZIshs China ETF 103,114,000
IEUIshs Europe ETF 844,288,000
IXJIshs Glob Health ETF 501,905,000
IOOIshs Global 100 ETF 1,389,600,000
IXIIshs Global Cons ETF 109,102,000
IBKIshs MSCI Bric ETF 39,591,600
IVEIshs MSCI Eafe ETF 330,662,000
IEMIshs MSCI Emg Mktetf 679,618,000
IHKIshs MSCI HK ETF 15,729,000
IJPIshs MSCI Japan ETF 246,106,000
IRUIshs Russell 2000ETF 77,013,600
IXPIss Global Telco ETF 49,884,300
KSMK2 Au Small Cap Fund Trading 15,060,600
KIIK2GLOBALEQUITIESFUND Trading 17,683,900
MGEMag Global Equities Trading 1,021,980,000
MICHMag. Infra. Fund CH Trading 163,349,000
MHGMagellan GBL EQ Fund Trading 65,708,000
MOGLMOGL () Trading73,507,200
PAXXPlatinum Asia Fund Trading92,255,100
GROWSCH Real Return Fund Trading 46,026,100
OZFSPDR 200 Financials ETF58,928,300
OZRSPDR 200 Resources ETF64,772,600
BONDSPDR Aust BOND ETF23,277,700
DJRESPDR DJ Global REIT ETF211,417,000
GOVTSPDR GOVT Bond ETF12,867,200
MONYUbs IQ Cash ETF1,000,080
DIVUbs IQ Mstar Aus DIV ETF26,224,700
ETFUbs IQ Mstar Aus ETF8,160,400
FLOTVaneck Au Float Rate ETF81,264,800
MVBVaneck Banks ETF29,253,100
CETFVaneck China Ashare ETF Cdis 1:19,777,620
MVWVaneck EQUAL Weight ETF464,505,000
ESGIVaneck ESG Internatl ETF4,160,000
FDIVVaneck Franked DIV ETF3,753,820
GDXVaneck Gold Miners ETF Cdis 1:170,716,200
IFRAVaneck Infrastruct ETF72,866,700
MVEVaneck Midcap ETF70,007,500
MVAVaneck Property ETF106,251,000
MVRVaneck Resources ETF89,462,800
MVSVaneck Small Masters ETF69,168,400
MOATVaneck US Wide MOAT ETF Cdis 1:155,463,900
PIXXPlatinum Int Fund Trading 191,294,000
PLUSVaneck Au Corp Bond ETF174,826,000
PMGOLDGold Corp 0.00 ZAU Call STR.Prod5,606,960,000
POUBetashares Pound ETF ETF26,421,800
QAGBetaagriculture ETF3,230,510
QAUBetashares Gold ETF ETF55,044,300
QCBBetacommodities ETF10,200,000
QFNBetashares ASX Fin ETF13,810,100
QMIXSPDR MSCI World QMIX ETF8,302,960
QOZBetasharesrafiaus ETF264,519,000
QPONBetaausbanksnrfrbetf ETF247,456,000
QREBetashares ASX Res ETF128,363,000
QUALVaneck WLD Xau QUAL ETF350,497,000
QUSBetashares US 1000 ETF39,847,900
RARIRussaustrespinvetf ETF70,338,900
RCBRussaustcorpbondetf ETF158,938,000
RDVRussell High DIV ETF ETF283,801,000
RENTAmpcap Global Prop Trading 13,891,400
RGBRussaustgovtbondetf ETF59,344,000
RINCBeta LM Real Income Trading7,499,130
ROBOETFs GLB ROBO ETF75,988,200
RSMRussausemigovbondetf ETF60,704,100
RVLRussell Aus Val ETF ETF13,068,900
SFYSPDR 50 Fund ETF501,506,000
SLFSPDR S&P/ASX Prop Fu ETF575,310,000
SMLLBetasmallcompanies Trading20,357,900
SPYSPDR S&P 500 ETF 19,961,900
SSOSPDR Small Ords ETF19,154,100
STWSPDR 200 Fund ETF3,651,390,000
SWTZSwitzrdividendgrowth Trading 76,825,100
SYISpdrmsciauselecthdy ETF183,041,000
TECHEtfsglobaltech ETF45,099,600
UBAUbs IQ MSCI Aust ETF ETF183,685,000
UBEUbs IQ MSCI Europe ETF11,603,500
UBJUbs IQ MSCI Japan ETF4,661,870
UBPUbs IQ MSCI Asia ETF9,382,010
UBUUbs IQ MSCI Usa ETF6,450,250
UBWUbs IQ World Ex Aus ETF28,210,400
UMAXBeta S&P500 Yieldmax ETF92,125,300
USDBetashares US Dollar ETF481,603,000
VACFVan Aus Corp Fi ETF ETF99,198,400
VAEVGD Ftse Asia Ex JPN ETF73,059,300
VAFVNGD Aus Fi ETF695,820,000
VAPVNGD Aus Prop Sec ETF1,008,490,000
VASVNGD Aus Shares ETF2,608,040,000
VBNDVNGD GLB Agg Bond ETF7,976,450
VCFVD Int CRD Sec ETF ETF114,305,000
VDBAVNGD DIV Balance ETF11,579,100
VDCOVNGD DIV Conserv ETF4,516,000
VDGRVNGD DIV Growth ETF19,028,800
VDHGVNGD DIV High Growth ETF45,418,800
VEQVGD Ftse Eur Shares ETF169,689,000
VEUVNGD All-World Ex-US 1,222,190,000
VGADVNGD Intl Shares H ETF400,362,000
VGBVNGD Aus GOV Bond ETF135,186,000
VGEVNGD Emerging MKTS ETF212,920,000
VGSVNGD Intl Shares ETF978,805,000
VHYVNGD Aus High Yield ETF1,023,720,000
VIFVD Int (Hedged) ETF ETF168,633,000
VLCVNGD Aus Large ETF79,459,800
VSOVNGD Aus Small ETF158,550,000
VTSVNGD US Total Market 1,258,900,000
WDIVSPDR Global Dividend ETF175,694,000
WDMFIshares Edge WLD MF ETF29,488,400
WEMGSPDR Emerging MKTS ETF21,184,500
WRLDBeta Managed Risk GL Trading 30,878,200
WVOLIshares Edgewld Mvol ETF10,258,300
WXHGSPDR World Ex OZ HDG ETF81,492,600
WXOZSPDR World Ex OZ ETF174,093,000
YANKBeta Strong Usd Trading 14,060,000
YMAXBetasharesyieldmax Trading 385,428,000
ZCNHETFs Renminbi ETF494,000
ZGOLETFs Physicalgold ETF13,829,300
ZOZIETFSASX100 ETF8,559,820
ZUSDETFs US Dollar ETF12,928,500
ZYAUETFs ASX300 Yield ETF53,180,200
ZYUSETFs S&P500 Yield ETF51,775,500

 

Archived Lists


 

How many ASX-listed ETFs are there?

There's over 150 ETFs and the number is growing rapidly with a combined market capitalisation over $35B.

The number of ETF investors in September 2017 was 314,000 which was up 18% from 12months prior.

ETFs market capitalisation and number of investors

Who invests in ETFs?

The average ETF investor 49 years old. One in 4 is retired, 33% invest via a SMSF and 56% intend to re-invest in ETFs in 2018.

Of the 125,000 new investors in 2018, 35,000 (39%) are expected to be Millennials.

ASX PE & Div Yield


The profile of an ETF investor is changing over time. The average age an investor first started investing in ETFs has fallen from 56 5 years ago to 42 in 2017.


Investor profile change over time


Millennial are now (by proportion) the most likely demographic to invest in ETFs in 2018. 38% expect to use ETFs in their investment portfolio as compared to just 27% of Baby Boomers.


Demographic Breakdown

 

Resources

All ASX ETFs Grouped by Benchmark - compiled by Market Index.

Statistics on this page - provided by BetaShares.

ETF Course - on the ASX Website.