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A200vsIOZ

Two of the cheapest ASX 200 ETFs. Which wins on total cost?

BetaShares Australia 200 ETF · iShares Core S&P/ASX 200 ETF

Overall Winner
A200wins 4 of 7 comparable metrics

These ETFs cover similar markets at different price points - A200 is 1bp cheaper at 0.04%. The fee gap compounds over time even with comparable index exposure.

A200
BetaShares Australia 200 ETF
79
ETFCheck Score
$143.45-0.06%
4/7 metrics won
vs
IOZ
iShares Core S&P/ASX 200 ETF
86
ETFCheck Score
$34.50-0.14%
3/7 metrics won
A200
Metric
IOZ
79
ETFCheck Score
86
0.04%
Annual Fee (MER)
lower = better
0.05%
+10.5%
1Y Return
+10.2%
+9.8%
3Y Return (p.a.)
+9.6%
3.01%
Distribution Yield
3.24%
$9,766.4M
Assets Under Mgmt
$8,568.9M
$6.8M
Avg Daily Turnover
$10.4M
$143.45
Unit Price
$34.50

Score Breakdown

94Fees (40%)93
85Fund Size (25%)83
51Liquidity (20%)86
67Yield (15%)72
79Total Score86

Fund Profiles

A200

Managed by BetaShares, A200 tracks the Solactive Australia 200 Index, providing exposure to the 200 largest companies listed on the ASX. It uses full replication, meaning it holds every stock in the index rather than sampling, and is widely recognised as the cheapest broad Australian equities ETF available. With significant exposure to banks and miners that typically pay franked dividends, A200 suits cost-conscious investors seeking core Australian equity exposure, making it particularly popular among SMSF trustees building long-term portfolios.

IOZ

One of Australia's most popular ETFs, IOZ is managed by BlackRock's iShares and tracks the S&P/ASX 200 Accumulation Index, covering the largest 200 companies on the ASX. In 2022, the fund underwent a 10-for-1 unit split, making individual units more accessible to smaller investors without changing the overall value of holdings. Backed by the world's largest asset manager, IOZ suits investors seeking core Australian equity exposure with the benefits of franking credits flowing through to distributions.

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