THE SHORT ANSWER
There are 107 bond ETFs on the ASX and TMX, with about $49.2bn invested. The largest is VBND ($4.9bn) and the lowest fee is 0.07% a year (COMP).
Bond ETFs on the ASX
There are 107 bond ETFs, so here are the largest in each group. See every one on ReviewETF.
Australian bondsLargest by size
| ETF | FEE | SIZE | 1 YR | 3 YR |
|---|
| SUBD VanEck Australian Subordinated Debt | 0.29% | $4.0bn | +5% | +18% |
| VAF Vanguard Australian Fixed Interest | 0.10% | $3.9bn | -0% | +11% |
| IAF iShares Core Composite Bond | 0.10% | $3.7bn | -0% | +10% |
| HBRD Active Betashares Australian Credit Income | 0.55% | $2.5bn | +4% | +16% |
| QPON Betashares Aus Bank Senior Floating Rate Bond | 0.22% | $2.4bn | +5% | +16% |
| CRED Betashares Aus Investment Grade Corporate Bond | 0.25% | $1.9bn | -1% | +18% |
| ILB iShares Government Inflation | 0.18% | $1.6bn | -0% | +9% |
| OZBD Betashares Australian Composite Bond | 0.19% | $1.5bn | -1% | +13% |
| VGB Vanguard Australian Government Bond | 0.16% | $1.4bn | -1% | +10% |
| FLOT VanEck Australian Floating Rate | 0.22% | $1.3bn | +4% | +15% |
| MQSD Active Macquarie Subordinated Debt | 0.29% | $1.1bn | +5% | – |
| AGVT Betashares Australian Government Bond | 0.22% | $1.1bn | -2% | +10% |
| BSUB Betashares Aus Major Bank Subordinated Debt | 0.29% | $857m | +5% | – |
| FIXD Active Complex TMX Coolabah Active Composite Bond | 0.30% | $843m | -0% | +16% |
| BNDS Active Betashares Western Asset Aus Bond | 0.42% | $836m | -0% | +12% |
| VACF Vanguard Australian Corp Fixed Interest | 0.20% | $704m | +1% | +14% |
| BHYB Betashares Australian Major Bank Hybrids | 0.35% | $674m | +4% | +14% |
| MMKT Active Betashares Australian Cash Plus | 0.18% | $666m | +4% | – |
| FEIF Active New Western Asset Enhanced Income Fund | 0.50% | $580m | – | – |
| ICOR iShares Core Corporate Bond | 0.15% | $525m | +1% | +14% |
| + 39 more – see them all on ReviewETF → |
Global bondsLargest by size
| ETF | FEE | SIZE | 1 YR | 3 YR |
|---|
| VBND Hedged Vanguard Global Aggregate Bond Hedged | 0.20% | $4.9bn | -1% | +10% |
| VIF Hedged Vanguard Intl. Fixed Interest Hedged | 0.20% | $862m | -2% | +7% |
| WBND Hedged Betashares Global Aggregate Bond Currency H | 0.19% | $782m | -1% | – |
| FRAR Active Franklin Aus Absolute Return Bnd Fund | 0.50% | $695m | +2% | – |
| YLDX Complex TMX Coolabah Global Floating-Rate High Yield | 1.00% | $653m | +5% | – |
| AESG Hedged iShares Global Aggregate Bond Esg Hedged | 0.19% | $455m | -1% | +10% |
| USTB Hedged Global X Us Treasury Bond Hedged | 0.19% | $453m | -1% | +8% |
| IHCB Hedged iShares Core Glb Corporate BondHedged | 0.26% | $339m | -1% | +14% |
| EBND Active VanEck Emerging Income Opportunities | 0.95% | $292m | +1% | +25% |
| IHHY Hedged iShares Global High Yield Bond Hedged | 0.56% | $248m | +1% | +21% |
| LEND Hedged VanEck Glbl Listed Private Credit Hedged | 0.65% | $219m | -4% | – |
| GBND Hedged Betashares Global Green Bond Hedged | 0.49% | $194m | -1% | +8% |
| VCF Hedged Vanguard Intl. Credit Securities Hedged | 0.30% | $172m | -1% | +13% |
| XARO Complex Ardea Real Outcome Bond | 0.50% | $148m | +4% | +8% |
| TBIL VanEck 1-3 Month Us Treasury Bond | 0.22% | $110m | -2% | +5% |
| + 33 more – see them all on ReviewETF → |
Compare every bond ETF side by side on ReviewETFI couldn’t find a simple way to compare ETFs like these, so I built ReviewETF: free, with fees, size, performance and holdings for all 500+ Australian ETFs.
Open on ReviewETF →
Government, corporate or hybrid?
Government bondsLowest credit risk. Prices rise when interest rates fall, so longer bonds move more.
Corporate and creditHigher income for taking on company credit risk.
Hybrids and sub debtHigher yields again, but closer to shares in a crisis. Read the PDS.
How to use bond ETFs
ETFs like these are usually core building blocks rather than short-term trades: the low-cost foundation of a portfolio that you hold for the long run. Around that core we add a handful of satellites for the trends the core is missing.
Read more: Core and satellite investing · When to buy an ETF
Want help deciding how much to hold in bonds? Members get my weekly view on every ETF trend, plus what we’re buying, holding and selling.
Try it free for 30 days → Frequently asked questions
How many bond ETFs are there in Australia?
At 30 September 2026 there were 107 bond ETFs listed on the ASX and TMX, with about $49.2bn invested.
What is the largest bond ETF?
VBND (Vanguard Global Aggregate Bond Hedged) is the largest, with about $4.9bn invested at 30 September 2026.
Which bond ETF has the lowest fee?
COMP has the lowest management fee at 0.07% a year. Fees are only one factor: also compare what each fund holds, its size and how closely it tracks its index.
More ETF lists
Data: TMX Australia Funds Report, month ending 30 September 2026. Fee = management cost (% a year). Size = funds under management. Returns are total returns; “–” = less than the full period of history. Tags: Hedged = currency hedged; Active = actively managed; Complex = complex product (read the PDS carefully); TMX = listed on TMX Australia rather than the ASX; New = listed in the past 12 months. General information only, not a recommendation to buy or sell any ETF. Consider your objectives, financial situation and needs, and read the PDS and TMD before investing. Past performance is not a reliable indicator of future performance.