ToolsResearch any ETF. These tools don't use your saved portfolio.
💸 Cheaper twin finder

Are you paying too much for your ETF?

Type in an ETF you own. We'll show any ETFs that hold at least 80% of the same companies for a lower fee, and how much you could save each year.

VASVGSA200IOZQUALVGADSTWIHVVVDHGHGBLVAPQHAL

Popular ETFs with a cheaper twin

45 ETFs have at least one cheaper twin. The largest are below.

Twins can follow different indexes (shown in grey). They hold most of the same companies, but in different weights, so returns differ. Tap Compare on any ETF page, or open the full comparison report, to see exactly how much they share.

ETFNameFeeCheapest twinFeeSame
holdings
Save a year
on $100,000
VASVanguard Australian Shares Index ETFS&P/ASX 300 Index0.07%A300FTSE Australia 300 Index0.03%93%$40
VGSVanguard MSCI Index International Shares ETFMSCI World ex Australia Index0.18%BGBLSolactive GBS Developed Markets ex Australia Large & Mid Cap Index0.08%92%$100
A200Betashares Australia 200 ETFSolactive Australia 200 Index0.04%A300FTSE Australia 300 Index0.03%96%$10
IOZiShares Core S&P/ASX 200 ETFS&P/ASX 200 Index0.05%A300FTSE Australia 300 Index0.03%96%$20
QUALVanEck MSCI International Quality ETFMSCI World ex Australia Quality Index0.40%IQLTMSCI World ex Australia Sector Neutral Quality Index0.25%82%$150
VGADVanguard MSCI Index International Shares (Hedged) ETFMSCI World ex Australia Index, hedged to AUD0.21%BGBLSolactive GBS Developed Markets ex Australia Large & Mid Cap Index0.08%92%$130
STWSPDR S&P/ASX 200 ETFS&P/ASX 200 Index0.05%A300FTSE Australia 300 Index0.03%95%$20
IHVViShares S&P 500 (AUD Hedged) ETFS&P 500 Index, hedged to AUD0.10%IVVS&P 500 Index0.04%100%$60
VDHGVanguard Diversified High Growth Index ETFNo single index: a mix of Vanguard index funds0.27%DHHFNo single index: a mix of Betashares index ETFs0.19%85%$80
HGBLBetashares Global Shares Currency Hedged ETFSolactive GBS Developed Markets ex Australia Large & Mid Cap Index, hedged to AUD0.11%BGBLSolactive GBS Developed Markets ex Australia Large & Mid Cap Index0.08%100%$30
VAPVanguard Australian Property Securities Index ETFS&P/ASX 300 A-REIT Index0.23%SLFS&P/ASX 200 A-REIT Index0.16%95%$70
QHALVanEck MSCI International Quality (AUD Hedged) ETFMSCI World ex Australia Quality Index, hedged to AUD0.43%IQLTMSCI World ex Australia Sector Neutral Quality Index0.25%83%$180
VGEVanguard FTSE Emerging Markets Shares ETFFTSE Emerging Index0.48%BEMGSee the PDS0.35%89%$130
IFRAVanEck FTSE Global Infrastructure (AUD Hedged) ETFFTSE Developed Core Infrastructure 50/50 Index (AUD hedged)0.20%GLINSee the PDS0.15%99%$50
IEMiShares MSCI Emerging Markets ETFMSCI Emerging Markets Index0.69%EMXCMSCI Emerging Markets ex China Index0.25%83%$440
IJPiShares MSCI Japan ETFMSCI Japan Index0.50%J100TOPIX 100 Index0.40%87%$100
IEUiShares Europe ETFS&P Europe 350 Index0.58%VEQSee the PDS0.35%86%$230
IHWLiShares Core MSCI World ex Australia ESG Leaders ETFSee the PDS0.13%IWLDSee the PDS0.09%99%$40
HNDQBetashares Nasdaq 100 Currency Hedged ETFNasdaq-100 Index, hedged to AUD0.51%NDQNasdaq-100 Index0.48%100%$30
IHOOiShares Global Aud Hedged 100 ETFS&P Global 100 Index, hedged to AUD0.43%IOOS&P Global 100 Index0.40%98%$30
VAEVanguard FTSE Asia Ex-Japan Shares Index ETFSee the PDS0.40%BEMGSee the PDS0.35%83%$50
REITVanEck FTSE International Property (AUD Hedged) ETFFTSE EPRA Nareit Developed ex Australia Rental Index (AUD hedged)0.20%GLPRSee the PDS0.15%94%$50
ILCiShares S&P/ASX 20 ETFS&P/ASX 20 Index0.24%VLCMSCI Australian Shares Large Cap Index0.20%89%$40
HETHBetashares Global Sustainability Leaders Ch ETFNasdaq Future Global Sustainability Leaders Index, hedged to AUD0.62%ETHINasdaq Future Global Sustainability Leaders Index0.59%100%$30
SFYSPDR S&P/ASX 50 ETFS&P/ASX 50 Index0.20%STWS&P/ASX 200 Index0.05%81%$150
YMAXBetashares Australian Top 20 Equities Yield Maximiser Complex ETFNot an index fund: top 20 Australian shares with a covered call strategy0.76%VLCMSCI Australian Shares Large Cap Index0.20%90%$560
VBLDVanguard Global Infrastructure Index ETFFTSE Developed Core Infrastructure Index0.47%GLINSee the PDS0.15%86%$320
GEARBetashares Geared Australian Equities ETFNot an index fund: geared exposure to large Australian shares0.80%A300FTSE Australia 300 Index0.03%96%$770
GHHFBetashares Wealthbuilder All Gr Geared Complex ETFNot an index fund: geared mix of Betashares index ETFs0.35%VDALNo single index: a mix of Vanguard index funds0.27%95%$80
WXHGState Street SPDR S&P World ex Australia Carbon Aware (Hedged) ETFSee the PDS0.10%WXOZSee the PDS0.07%100%$30

How it works

For every ETF we look through to the companies it holds and measure how much of that is shared with every other ETF in the same asset class. If another ETF holds at least 80% of the same companies and charges a lower fee, we call it a cheaper twin. The saving shown is the difference in management fees on $100,000 invested.

"Same holdings" is the overlap between the two funds: the sum of the smaller weight of every company both hold. Above 80% the two ETFs are largely the same portfolio. Fees are management fees (MER) from the TMX Australia funds report. A lower fee isn't everything: check the index, size, liquidity (bid/ask spread), currency hedging and tracking before switching, and remember selling may trigger capital gains tax and brokerage. General information only, not a recommendation.

Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.