Commonwealth Bank of Australia (ASX: CBA) has revealed the three most traded ASX exchange-traded funds (ETFs) among shares investors using the CommSec trading platform this year.
Two of the three most popular ASX ETFs share a common thread in that they track international shares, particularly United States shares.
This reflects a broader trend identified by the ASX and Vanguard earlier this year.
ETFs holding international shares have attracted more investment from Aussie investors this year due to the outperformance of the S&P 500 Index (SP: .INX) compared to the S&P/ASX 200 Index (ASX: XJO).
In the year to date, the S&P 500 is up 27.57% compared to a 9.28% rise for the ASX 200 (this excludes dividend returns, which are typically about 4% per year).
Let's take a look at the three ASX ETFs that were the most popular among CommSec clients this year.
3 most traded ETFs of 2024: CommSec
iShares Global 100 AUD ETF (ASX: IOO)
CBA says the IOO ETF is the third most traded ASX ETF among CommSec investors this year.
The IOO ETF is currently $161.87 per unit, up 0.38% today and 38.28% year to date.
The iShares Global 100 ETF gives investors exposure to 100 of the world's largest companies in developed and emerging markets.
About 80% of the portfolio is US stocks, followed by 4% United Kingdom shares and 2.9% Swiss shares.
Its top three holdings are Apple Inc (NASDAQ: AAPL) (12.78%), Microsoft Corp (NASDAQ: MSFT) (11.24%), and Nvidia Corp (NASDAQ: NVDA) (10.87%).
The IOO ETF has a management expense ratio (MER) of 0.4%.
iShares Core S&P/ASX 200 ETF (ASX: IOZ)
The IOZ ETF is the second most traded ASX ETF among CommSec clients this year.
The ASX IOZ is trading at $33.67 per unit, up 0.33% today and 9.18% year to date.
The iShares Core ASX 200 ETF seeks to track the performance of the S&P/ASX 200 Accumulation Index before fees. The ETF gives investors exposure to the top 200 companies listed on the local market.
Its top three holdings are Commonwealth Bank of Australia (ASX: CBA) (10.75%), BHP Group Ltd (ASX: BHP) (8.28%), and CSL Ltd (ASX: CSL) (5.41%).
The IOZ ETF has a MER of 0.05%.
BetaShares NASDAQ 100 ETF (ASX: NDQ)
The tech-heavy NDQ ETF is the most traded ASX ETF among CommSec shares investors this year.
The ASX NDQ is $51.72 per unit on Wednesday, down 0.04% today and up 38.4% year to date. The ETF hit a new record price of $51.74 yesterday.
The Betashares Nasdaq 100 ETF tracks the performance of the NASDAQ-100 Index (NASDAQ: NDX) before fees. This gives investors exposure to the top 100 companies in the tech-heavy index.
The ASX NDQ's top three holdings are Apple (8.9%), Microsoft (7.8%), and Nvidia (7.4%) shares.
The ASX ETF has a MER of 0.48%.
