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Best Performing Australian ETFs & Morningstar Best ETF Picks

Exchange-traded funds (ETFs) are typically easy to buy, transparent, and offer instant diversification into global equity and bond markets.

Compare 200+ ETFs, find the best performing ETFs, discover our best Australian & global ETF picks & learn about investing in ETFs.

Find best performing ETFs    Our best ETF picks    How to choose an ETF

Find the best performing ETFs in Australia

See the latest ETF performance data or use our premium ETF Screener to compare 200+ equity, property, fixed interest, infrastructure, sustainable ETFs and find the best performing ETFs.

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Latest ETF performance data, prices & news


Our top rated ETFs
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Australian equity

Our highest rated Australian equity ETFs.
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Global equity

Our highest rated global equity ETFs.
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Australian listed property

Our highest rated Australian listed property ETFs.
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Global property

Our highest rated global property ETFs.
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Emerging market equity

Our highest rated emerging market equity ETFs.
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Australian fixed interest

Our highest rated Australian fixed interest ETFs.
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Global fixed infrastructure

Our highest rated global infrastructure ETFs.
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Sustainable ETFs

Our highest rated ETFs that meet environmental, social and governance standards.

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Morningstar is a leading source of independent investment research for stocks, funds, ETF's, credit, and LIC's as well as financial data, news, investing tools.

It started with an idea—one great idea from a 27-year-old stock analyst. Joe Mansueto thought it was unfair that people didn’t have access to the same information as financial professionals. So he hired a few people and set up shop in his apartment—to deliver investment research to everyone. We didn’t know then what the company would look like today, but we knew the commitment to our mission—to empower investor success—wouldn’t change. Now, we operate through wholly- or majority-owned subsidiaries in 32 countries. We’ve empowered investors all over the world, and we’re continuing to look for new ways to help people achieve financial security.

Our research is independent, which means we do not charge or accept payment or commissions from fund managers, listed companies or other product issuers to produce research on their products. Our mission remains true today, 39 years after that one great idea – we believe in the democratization of investment information, research and data. Our mission is at the core of everything we do – to empower investor success.



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How to choose an ETF in Australia

Morningstar analysts evaluate over 200 ETFs trading on the ASX and identify those they think will be able to outperform in years to come.

When analysing ETFs, Morningstar considers:

People

It is important to understand who is managing your money. There are a few considerations in our ETF analysis, some obvious, like tThe amount of experience the team has in managing ETFs. Analysts also tend to favour parent firms that put investors’ interests ahead of commercial goals and monitor how the ETF is trading on the exchange. ETFs sometimes trade with wider than normal buy/sell spreads, or deviate substantially from their net asset value, or NAV, which can jack up the costs to investors.

Price

Morningstar analysts consider explicit costs like the expense ratio, and implicit costs like the cost of portfolio turnover. We understand the significance of fees and costs, and the detrimental impact that it can have to performance outcomes. Top-rated funds are among the lowest cost options in their category, relative to their actively and passively managed peers.

Process

For passive products, analysts examine the fund's process – that is how the ETF are constructed, their underlying benchmarks, and the systems managers have put in place to achieve precise tracking of the benchmark.

For active funds, analysts focus on the fund mandate and distribution policies, the overall levels of transparency and how the portfolio managers attempt to minimise trading costs which can add implicit costs for investors.

Performance

Although past performance is not an indicator of future performance, our analysts do consider performance in the context of evaluating people and process.

Medallist ratings are reserved for funds that analysts expect to deliver precise tracking of sensibly constructed indexes at a very low cost and backed by experienced managers. ETFs that analysts expect to outperform by the widest margin are rated Gold; next-highest conviction picks are rated Silver, followed by Bronze.

Medals are accompanied by the “analysts take” on the ETF – which includes their views on its suitability for investors, portfolio construction, fee and alternatives to consider.

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© 2024 Morningstar, Inc. All rights reserved. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. This report has been prepared for clients of Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or New Zealand wholesale clients of Morningstar Research Ltd, subsidiaries of Morningstar, Inc. Any general advice has been provided without reference to your financial objectives, situation or needs. For more information refer to our Financial Services Guide at www.morningstar.com.au/s/fsg.pdf. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Our publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Morningstar’s full research reports are the source of any Morningstar Ratings and are available from Morningstar or your adviser. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a financial adviser. Some material is copyright and published under licence from ASX Operations Pty Ltd ACN 004 523 782.

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