The Vanguard Australian Shares Index ETF (ASX: VAS) was the most traded exchange-traded fund (ETF) among investors using the SelfWealth trading platform last month.
The Vanguard Australian Shares Index ETF is an index-based ETF that tracks the performance of the S&P/ASX 300 Index (ASX: XKO).
This gives VAS investors exposure to major stocks like BHP Group Ltd (ASX: BHP), Commonwealth Bank of Australia Ltd (ASX: CBA), CSL Ltd (ASX: CSL), and Wesfarmers Ltd (ASX: WES).
ETFs are an increasingly popular investment vehicle for Australian investors.
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Value of ASX exchange-traded funds exceeds $200 billion
ASX ETFs now represent more than $200 billion in assets under management, according to ETF provider BetaShares' half-year review.
Co-founder of Betashares, Ilan Israelstam, said: "The ETF industry continues to go from strength to strength, as investors increasingly adopt ETFs to build their portfolios."
One of the benefits of exchange-traded funds is they provide instant diversification in a single trade.
Let's review the top 10 ETFs traded in June, according to SelfWealth.
Top 10 most traded ASX ETFs in June
Here are the top 10 most traded exchange-traded funds in June by volume (thus incorporating both buy and sell orders), according to Selfwealth Ltd (ASX: SWF).
We have also included the percentage of buy orders next to each exchange-traded fund.
| Rank | Top ASX ETFs by trading volume | Percentage of buy orders |
| 1 | Vanguard Australian Shares Index ETF (ASX: VAS) | 73.1% |
| 2 | Vanguard Msci Index International Shares ETF (ASX: VGS) | 81.7% |
| 3 | Vanguard Diversified High Growth Index ETF (ASX: VDHG) | 71.4% |
| 4 | Betashares Nasdaq 100 ETF (ASX: NDQ) | 77.5% |
| 5 | iShares S&P 500 AUD ETF (ASX: IVV) | 83% |
| 6 | BetaShares Australia 200 ETF (ASX: A200) | 75.6% |
| 7 | Vanguard US Total Market Shares Index AUD ETF (ASX: VTS) | 69.6% |
| 8 | BetaShares Diversified All Growth ETF (ASX: DHHF) | 81.5% |
| 9 | BetaShares Geared Australian Equity ETF (ASX: GEAR) | 57.8% |
| 10 | Global X Fang+ ETF (ASX: FANG) | 70.4% |
Which ETF attracted the most buyer interest?
The iShares S&P 500 AUD ETF attracted the most buy orders among the top 10 most traded ETFs in June.
The iShares S&P 500 ETF is an index-based ETF that tracks the performance of the 500 largest United States companies comprising the S&P 500 Index (SP: .INX).
It appears investors remain confident that US shares will continue to outperform the ASX 200.
In FY24, the S&P 500 rose by 22.7% while the S&P/ASX 200 Index (ASX: XJO) lifted 7.83% (or 12.1% with dividends included).
The IVV exchange-traded fund is among the 10 cheapest ETFs on the market.
We note that the ninth most traded ETF in June was the GEAR ETF.
GEAR delivered the best three-year returns among ASX ETFs, according to recently published data.
Check out the ASX global shares exchange-traded funds that delivered 50% to 70% returns last year.
