A list of the 10 most traded exchange-traded funds (ETFs) on the Selfwealth Ltd (ASX: SWF) platform in FY24 reveals which ones are attracting the highest buying conviction among investors.
The Selfwealth data shows the Vanguard Australian Shares Index ETF (ASX: VAS) was the most traded exchange-traded fund in FY24.
The VAS ETF seeks to track the performance of the S&P/ASX 300 Index (ASX: XKO) after fees.
This means investors gain exposure to the market's biggest companies, such as Commonwealth Bank of Australia Ltd (ASX: CBA), BHP Group Ltd (ASX: BHP), and CSL Ltd (ASX: CSL), as well as small-cap stocks including Megaport Ltd (ASX: MP1) and Temple & Webster Group Ltd (ASX: TPW).
Other exchange-traded funds among the top 10 include those tracking the S&P/ASX 200 Index (ASX: XJO), US shares and other international stocks.
As we've previously reported, ETFs are becoming more popular. ETF provider BetaShares says that as a group, ETFs trading on either the ASX or CBOE exchanges increased in size by 15.7% in 1H CY24.
As of 30 June, these ETFs represented a record $205.3 billion in assets under management.
Meantime, unlisted managed funds continue to see increased outflows.
Exchange-traded funds are baskets of equities. Investors can buy and sell ETFs in the same way as individual shares. They provide easy diversification in a single trade for a single brokerage fee.
The 10 most traded ETFs of FY24 revealed…
Selfwealth has published a list of the 10 most traded exchange-traded funds of FY24.
The ETFs are ranked by trading volume.
The percentage of buy orders indicates which ones attracted the highest buying conviction.
| Rank | Top securities by trading volume | Percentage of buy orders |
| 1 | Vanguard Australian Shares Index ETF (ASX: VAS) | 79.6% |
| 2 | Vanguard MSCI Index International Shares ETF (ASX: VGS) | 83.5% |
| 3 | Vanguard Diversified High Growth Index ETF (ASX: VDHG) | 74.8% |
| 4 | iShares S&P 500 AUD ETF (ASX: IVV) | 85.4% |
| 5 | Betashares Nasdaq 100 ETF (ASX: NDQ) | 76% |
| 6 | BetaShares Australia 200 ETF (ASX: A200) | 80.1% |
| 7 | Vanguard US Total Market Shares Index AUD ETF (ASX: VTS) | 76.2% |
| 8 | BetaShares Geared Australian Equity (Hedge Fund) ETF (ASX: GEAR) | 55.8% |
| 9 | BetaShares Diversified All Growth ETF (ASX: DHHF) | 83.4% |
| 10 | Vanguard Australian Shares High Yield ETF (ASX: VHY) | 74.6% |
Which ETF are investors most bullish on?
As you can see, the exchange-traded fund with the highest buying conviction was the IVV ETF.
This ETF tracks the performance of the 500 biggest listed companies in the United States via the S&P 500 Index (SP: .INX).
The IVV exchange-traded fund turned out to be a smart choice, with US shares outperforming ASX 200 stocks in FY24.
The S&P 500 rose 22.7% in FY24 versus a 7.83% rise for the ASX 200 (or total returns of 12.1% if you include dividends).
Selfwealth said its Gen Z clients showed "the greatest relative interest in ETFs of any age group" in FY24.
