Lanyon Investment Fund Active ETF (LNYN) Review & Analysis

MER · #461 of 514AUM · Top 50%1Y Return · Top 50%

What's new this monthData to 30 September 2026

−6.0% in September (total return), behind the median international shares ETF at +0.0%.
Investors added a net $0.9m (0.6% of the fund).
The unit price closed the month at $1.88, 6% below its 12-month high (range $1.71 to $2.00).

About LNYN

LNYN is an international shares ETF from Lanyon, listed on the ASX since August 2024. With $148m under management it is number 123 of 254 international shares ETFs by size. The management fee is 1.00% a year, about $100 on every $10,000 invested, dearer than the typical international shares ETF at 0.55%.

Over the past year it returned +6.1%, against +10.4% for the median international shares ETF.

LNYN distributions and dividend dates

LNYN pays distributions half-yearly, usually going ex-distribution in January and July, with payment about 19 days after the ex-date. (Pattern estimated from recent payments.)

The latest distribution was $0.0098 per unit (0% franked), ex-distribution on 1 July 2026 and paid on 20 July 2026. To receive it you need to own LNYN before the ex-date.

Its distribution yield over the past 12 months is about 1.0%. Distributions vary and past payments are not a guide to future ones.

From ASX announcements, updated nightly. See every ETF in the dividend calendar.

Compare LNYN Check overlap Lanyon website ↗

Compare LNYN with

LNYNvsVGS

Vanguard MSCI Index International Shares ETF

Fee	1.00%	0.18%
1 year	+6.1%	+10.1%
5 yrs p.a.	–	+11.8%
Size	$148m	$18.7bn

Same holdingsNo holdings data

Full comparison →

LNYNvsIVV

iShares S&P 500 ETF

Fee	1.00%	0.04%
1 year	+6.1%	+10.1%
5 yrs p.a.	–	+13.4%
Size	$148m	$14.9bn

Same holdingsNo holdings data

Full comparison →

LNYNvsNDQ

Betashares Nasdaq 100 ETF

Fee	1.00%	0.48%
1 year	+6.1%	+16.6%
5 yrs p.a.	–	+15.3%
Size	$148m	$9.5bn

Same holdingsNo holdings data

Full comparison →

LNYNvsQUAL

VanEck MSCI International Quality ETF

Fee	1.00%	0.40%
1 year	+6.1%	+10.1%
5 yrs p.a.	–	+11.4%
Size	$148m	$9.2bn

Same holdingsNo holdings data

Full comparison →

LNYN price by TradingView

Stock Code	LNYN
Fund Manager	Lanyon
Asset Class	International shares
AUM	$148m
MER (%)	1.00%
Net flows (Sep)	+$0.9m
Last Price	$1.88
52-Week Range	$1.71 – $2.00
Bid/Ask Spread	0.31%
Listing Date	01/08/2024
Exchange	ASX
Index	None: actively managed. See the PDS for its benchmark
Issuer website	Lanyon ↗

Performance (% return)

1 month−6.0%

1 year+6.1%

3 years p.a.–

5 years p.a.–

$10,000 invested…

1 year ago$10,609

Value at 30 September 2026 with distributions reinvested, before tax and brokerage.

Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.

LNYN at a glance: strengths and things to watch

👍 Strengths

Nothing stands out against its category.

⚠️ Things to watch

Higher fee. At 1.00% a year it costs more than 83% of international shares ETFs (median 0.55%), or about $45 a year more on every $10,000.
Short track record. Listed in August 2024, so it hasn't been tested through a full market cycle.

Worked out from LNYN's fees, size, flows, returns and trend against the 257 international shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.

etfadviserTrend check

Base since 10 Sep 2026

LNYN is in a base. Here's why that matters.

LNYN's moving averages are tangled and the price is moving sideways. The trend hasn't picked a direction yet. Its price is 3.2% below its 12-month high.

Why it matters: Bases are where the next big move starts. A breakout can begin a new uptrend, while a breakdown can start a long fall. Buying a satellite before the breakout often means waiting months for nothing to happen.

At ETF Adviser the core of a portfolio stays invested through every stage, and satellite ETFs are only bought in an uptrend. Members get a weekly update on which ETFs are breaking out of a base and which trends have broken.

Get the weekly trend updates: try it free for 30 days How base and trend works →See every ETF's stage →Visit etfadviser.com.au →

UptrendBaseDowntrend

LNYN weekly price, past 12 months, shaded by trend stage. Stage as at 7 November 2026, updated weekly. A technical label, not a recommendation.

Investment Focus

Themes & Sectors

Active ETFs

Similar ETFs

Code	Name	Same holdings	MER	AUM	1Y	3Y p.a.	5Y p.a.
VGS	Vanguard MSCI Index International Shares ETF	–	0.18%	$18.7bn	+10.1%	+17.9%	+11.8%
IVV	iShares S&P 500 ETF	–	0.04%	$14.9bn	+10.1%	+19.2%	+13.4%
NDQ	Betashares Nasdaq 100 ETF	–	0.48%	$9.5bn	+16.6%	+23.8%	+15.3%
QUAL	VanEck MSCI International Quality ETF	–	0.40%	$9.2bn	+10.1%	+16.1%	+11.4%
VGAD	Vanguard MSCI Index International Shares (Hedged) ETF Currency hedged	–	0.21%	$7.9bn	+17.1%	+19.8%	+10.8%
VTS	Vanguard US Total Market Shares Index ETF	–	0.03%	$7.3bn	+9.8%	+18.8%	+12.4%

Same holdings is the share of LNYN's money in companies the other ETF also holds, weighted by size. No other ETF shares much with LNYN, so these are ETFs in the same category. See every ETF like LNYN →

LNYN vs its closest alternatives

What actually differs between LNYN and the ETFs most like it. Data to 30 Sep 2026.

VGS Vanguard MSCI Index International Shares ETF

VGS is cheaper (0.18% vs 1.00%), worth about $53,441 on $100,000 over 20 years.
Over 1 year: LNYN +6.1%, VGS +10.1% (VGS ahead by 4.0 percentage points).
VGS is much larger ($18.7bn vs $148m), which usually means tighter trading spreads.
Different structure: LNYN is actively managed, VGS is a standard fund.

Compare LNYN and VGS side by side →

IVV iShares S&P 500 ETF

IVV is cheaper (0.04% vs 1.00%), worth about $63,372 on $100,000 over 20 years.
Over 1 year: LNYN +6.1%, IVV +10.1% (IVV ahead by 4.0 percentage points).
IVV is much larger ($14.9bn vs $148m), which usually means tighter trading spreads.
Different structure: LNYN is actively managed, IVV is a standard fund.

Compare LNYN and IVV side by side →

NDQ Betashares Nasdaq 100 ETF

NDQ is cheaper (0.48% vs 1.00%), worth about $32,977 on $100,000 over 20 years.
Over 1 year: LNYN +6.1%, NDQ +16.6% (NDQ ahead by 10.5 percentage points).
NDQ is much larger ($9.5bn vs $148m), which usually means tighter trading spreads.
Different structure: LNYN is actively managed, NDQ is a standard fund.

Compare LNYN and NDQ side by side →

General information only. Past performance is not a reliable indicator of future performance.

LNYN FAQs

What is the fee for LNYN?

LNYN charges a management fee (MER) of 1.00% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is LNYN?

LNYN had $148m in funds under management as at 30 September 2026.

How has LNYN performed?

LNYN returned +6.1% over the year to 30 September 2026 (total return, including distributions). Past performance is not a reliable indicator of future performance.

Who manages LNYN?

LNYN is managed by Lanyon and has been listed since August 2024.

Is LNYN franked?

Generally no. LNYN invests outside Australia, so its distributions carry little or no franking credits. Franking comes from Australian companies that have paid tax here.

Is LNYN currency hedged?

No, LNYN is unhedged. Its returns move with the Australian dollar: a falling dollar adds to returns and a rising dollar reduces them.

Disclaimer

This review is general information only and does not take into account your objectives, financial situation or needs. Consider the Lanyon product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.