The Vanguard Australian Shares Index ETF (ASX:VAS)
The Vanguard VAS ETF provides exposure to the largest 300 Australian shares, based on market capitalisation. This is a low-cost way to access top Australian companies through a single fund.
According to our most recent data, the VAS ETF had $11009.7 million of money invested. With VAS’s total funds under management (FUM) figure over $100 million, the ETF meets our team’s minimum investment criteria for FUM levels. As a general rule, our team draws the line at $100 million for ETFs in the Australian shares sector because we believe that, relative to smaller ETFs, achieving this amount of FUM lowers the chance that the ETF issuer will close the ETF.
To learn more about the VAS ETF, read our free ETF investment report once you’re done with this article.
BetaShares BetaShares Global Quality Leaders ETF Currency Hedged (ASX:HQLT)
The BetaShares HQLT ETF seeks to provide investors with exposure to a basket of 150 companies that exhibit factors which make them ‘high quality’. The HQLT is hedged to Australian dollars.
With our numbers for July 2022, HQLT’s FUM stood at $35.23 million. Given it has less than $100 million invested, ask yourself (or your adviser) if the ETF is still too small (and if you should wait to buy into it). If you’re concerned the ETF might not be established enough, compare it alongside one of the other Quality factor sector ETFs, using our full list of ETFs.
A look at the HQLT ETF fee load?
BetaShares, the ETF issuer, charges a yearly management fee of 0.38% for the HQLT ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $7.60.
This management fee is below the average for all ETFs on our Best ETFs Australia list of ETFs. However, you might still be able to find a cheaper ETF for less.
Did you know that you get access to our free investment report on Best ETFs Australia? View the free HQLT ETF report by clicking here.
