Largest ETFs in Australia: Top 25 by Size (2026)

THE SHORT ANSWER

The largest ETF in Australia is VAS (Vanguard Australian Shares) with $26.7bn, followed by VGS and IVV. The top 25 hold $200.6bn, more than half of all Australian ETF money.

The 25 largest ETFs

Sorted by funds under management.

Largest by size

ETF	FEE	SIZE	1 YR	3 YR
VAS Vanguard Australian Shares	0.07%	$26.7bn	+2%	+36%
VGS Vanguard MSCI International Shares	0.18%	$18.7bn	+10%	+64%
IVV iShares S&P 500	0.04%	$14.9bn	+10%	+69%
A200 Betashares Australia 200	0.04%	$11.1bn	+3%	+37%
IOZ iShares Core S&P/ASX 200	0.05%	$9.7bn	+3%	+36%
NDQ Betashares Nasdaq 100	0.48%	$9.5bn	+17%	+90%
QUAL VanEck MSCI International Quality	0.40%	$9.2bn	+10%	+57%
VHY Vanguard Australian Shares High Yield	0.25%	$8.2bn	+12%	+46%
VGAD Hedged Vanguard MSCI International Shre Hedged	0.21%	$7.9bn	+17%	+72%
VTS Vanguard Morningstar Us Total Mkt Shares	0.03%	$7.3bn	+10%	+68%
DACE Active Dimensional Aus Core Equity Trust	0.28%	$7.2bn	+5%	–
STW SPDR S&P/ASX 200	0.05%	$6.5bn	+3%	+37%
VEU Vanguard All-World Ex-Us Shares	0.07%	$6.5bn	+14%	+58%
IOO iShares Global 100	0.40%	$6.1bn	+16%	+86%
GOLD Global X Physical GOLD	0.40%	$5.8bn	+2%	+105%
DGCE Active Dimensional Global Eq Trust Unhgd	0.36%	$5.7bn	+11%	–
BGBL Betashares Global Shares	0.08%	$5.5bn	+10%	+67%
AAA Betashares Australian High Interest Cash	0.18%	$5.1bn	+4%	+13%
VBND Hedged Vanguard Global Aggregate Bond Hedged	0.20%	$4.9bn	-1%	+10%
IHVV Hedged iShares S&P 500 Aud Hedged	0.10%	$4.3bn	+15%	+77%
DFGH Hedged Active Dimensional Global Core Eq Aud Hgd	0.36%	$4.2bn	+18%	–
VDHG Vanguard Diversified High Growth	0.27%	$4.1bn	+8%	+48%
SUBD VanEck Australian Subordinated Debt	0.29%	$4.0bn	+5%	+18%
VAF Vanguard Australian Fixed Interest	0.10%	$3.9bn	-0%	+11%
V1AC Active Vinva Global Alpha Fund	0.89%	$3.9bn	-4%	+37%

Compare every largest ETF side by side on ReviewETF

I 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 →

How to use largest ETFs

The largest ETFs are mostly broad, low-cost index funds: sensible core holdings. But popular doesn’t mean complete. Over the past 12 months many of the best-performing ETFs held very little money. See are Australians missing opportunities?

Want to know which of these I’d look at now? 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 largest ETFs are there in Australia?

At 30 September 2026 there were 25 largest ETFs listed on the ASX and TMX, with about $200.6bn invested.

What is the largest largest ETF?

VAS (Vanguard Australian Shares) is the largest, with about $26.7bn invested at 30 September 2026.

Which largest ETF has the lowest fee?

VTS has the lowest management fee at 0.03% 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

Best performing ETFs Lowest cost ETFs New ETFs All 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.

Largest ETFs in Australia: the top 25