What is an exchange-traded fund (ETF)?
Exchange-traded funds (ETFs) offer access to a wide range of Australian and international companies through a selection of pre-mixed portfolios. They are structured like a managed fund and can be traded like shares on the Australian Securities Exchange (ASX).
Benefits of ETFs
- Low cost
Compared to other managed investments, ETFs offer a low cost way to invest in a wide range of Australian and international companies.
- Easy to trade
ETFs can be traded like shares on the Australian Securities Exchange (ASX) continuously throughout the day, online, and in real time.
- Provides diversification
You can use ETFs to spread your money over a range of securities, or gain exposure to a specific sector or investment group.
Available ETFs
Self Invest offers a variety of more than 80 ETFs for you to choose from. A maximum of 85% of your total QSuper Accumulation or Retirement Income account balance can be held in ETFs, and maximum exposure limits apply to each (represented as a percentage of your total balance, at the time of transacting).1
You can invest in ETFs with themes such as Global Cybersecurity, Global Robotics and Automation, and FANG+, as well as ETFs in other asset classes and ETFs that are more broadly diversified across markets.
Please check the provider's target market determination before choosing their product in Self Invest.
How much it costs
Fees and costs apply for investing your super in Self Invest, and are also charged when you buy and sell an ETF. Most of the fees and costs will be deducted from your Self Invest transaction account. An ETF management fee also applies, which will be deducted from the ETF by the ETF manager before the return is declared.
Find out more about fees and costs in Self Invest or see the
Investment Choice Guide (pdf).
Risks of ETFs
As an asset class, ETFs are considered to be a high risk investment, however individual ETFs can carry a lower risk, such as one that invests in a diverse range of bonds. When you invest in ETFs, you need to be prepared to accept a level of volatility and the possibility of negative returns.
You can find out more in the Investment Choice Guide (pdf).
You should also check the provider's website for their ETF product's target market determination before choosing the ETF in Self Invest.
How we select ETFs
The ETFs listed in the tables above have been selected based on the following criteria. Each ETF must have:
- Product quality: Lonsec ETF rating of 'Recommended' or 'Highly Recommended' at each review
- Scale and liquidity: Funds under management (FUM) of at least $100 million
- Liquidity: Average monthly trading volume of at least $10 million (measured over the past 12 months)
- Low fees: Cost no greater than 1% p.a.
- Class category: Excluding currency and leveraged ETFs.
Watch list
ETFs that no longer meet the ETF criteria at the time of review will be placed on the watch list below at our discretion.
Please note:
- You can continue to invest in the ETFs listed on the watch list
- We may remove these ETFs in the future if they continue not to meet our selection criteria
- When an ETF is no longer available on Self Invest, you can continue to hold that ETF but you cannot increase the amount you have invested in that ETF.
Watch list as at July 2022
Show content
Description |
ASX code |
Reason for no longer meeting the ETF criteria |
BetaShares Gold Bullion ETF (Currency Hedged) |
QAU |
Insufficient Lonsec Research rating |
iShares Global 100 ETF |
IOO |
Insufficient Lonsec Research rating |
SPDR Dow Jones Global Select Real Estate Fund |
DJRE |
Insufficient Lonsec Research rating |
iShares Edge MSCI World Multifactor ETF |
WDMF |
Volume too low |
SPDR S&P/ASX 50 |
SFY |
Insufficient Lonsec Research rating |
Russell Investments High Dividend Australian |
RDV |
Volume too low |
How much can you invest in each ETF?
To help you keep your super investments diversified, we set a maximum exposure limit on how much of your Self Invest balance you can invest in each particular ETF. There are currently a range of ETFs with a maximum exposure limit of 25% or 50%.
This approach benefits you as an investor because it identifies high quality ETF providers, with ETFs of significant scale, liquidity, and affordability.
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1. The ETFs available through Self Invest could change from time to time.
2. At the time of the last ETF review in July 2022, this ETF no longer met the ETF criteria detailed on this page, but will remain on the ETF list and also be included on our watch list from 1 July 2022.