The cheapest ETFs in Australia charge just 0.03% a year, led by VTS, MQAE, IVV. That’s about $3 a year on a $10,000 investment. Funds with less than $50m invested are left out.
The 25 cheapest ETFs
Sorted by management fee, lowest first. Only funds with at least $50m invested are included.
How to use low cost 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
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Frequently asked questions
How many low cost ETFs are there in Australia?
At 30 September 2026 there were 25 low cost ETFs listed on the ASX and TMX, with about $109.2bn invested.
What is the largest low cost ETF?
VAS (Vanguard Australian Shares) is the largest, with about $26.7bn invested at 30 September 2026.
Which low cost ETF has the lowest fee?
VTS, MQAE have 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
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.