Which ETF issuer has the most ASX-listed products?
While Betashares and Vanguard collectively account for nearly half of the Australian ETF industry, there is a clear winner in terms of the number of products listed on the ASX.
Data released by the ASX for the month of February has highlighted Betashares as the frontrunner for the number of Australian ETFs listed on the ASX at 90 products.
The ETF issuer represents 18.7 per cent ($47.7 billion) of the local ETF market in terms of funds under management (FUM), according to Betashares’ monthly report.
Vanguard, however – which makes up 27.1 per cent ($69.2 billion) of total FUM – has just 29 ETFs listed on the ASX, compared to Betashares’ 90 ETFs, meaning the firm’s flows are spread across a smaller number of investment vehicles.
The ETF provider with the second highest number of ASX-listed products is BlackRock’s iShares at 47, followed by VanEck at 44 and Global X at 39.
iShares represents 17.3 per cent ($44.2 billion) of the ETF market’s FUM, while VanEck accounts for 9.7 per cent ($24.8 billion) and Global X at 3.7 per cent ($9.5 billion).
In total, there are 373 ETFs available to Australian investors via the ASX, as of 28 February 2025.
Source: ASX, February 2025
Recently launched products by these five players include Betashares’ two cryptocurrency ETFs last month – the Betashares Bitcoin ETF (QBTC) and Betashares Ethereum ETF (QETH).
Vanguard also announced the launch of two diversified ETFs – the Vanguard Diversified All Growth Index ETF (VDAL) and the Vanguard Diversified Income ETF (VDIF) – earlier in March.
Over at BlackRock, the issuer introduced its iShares 20+ Year US Treasury Bond ETF (AUD Hedged) (ULTB) last August, expanding its fixed income ETF range for Australian investors and advisers.
Last month, Global X unveiled its latest product – the Global X Russell 2000 (RSSL). It described the product as the only ETF in Australia that tracks the Russell 2000 Capped Index.
VanEck also launched its VanEck Global Defence ETF (DFND) last year, offering investors an opportunity to invest in stocks which are typically unavailable to retail investors.
Beyond the top five, State Street has 17 ETFs listed on the ASX, JP Morgan Asset Management has 11, while Dimensional and Russell Investments both have six each.
The data does not include products listed on Cboe, Australia’s second-largest securities exchange.
AUTHOR
Jasmine Siljic
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