The Vanguard Australian Shares Index ETF (ASX: VAS) was the most traded exchange-traded fund (ETF) among investors on the Selfwealth trading platform last month.
The Vanguard Australian Shares Index ETF is an index-based ETF that tracks the performance of the 300 largest companies by market capitalisation in the S&P/ASX 300 Index (ASX: XKO).
This gives VAS investors exposure to major shares like Commonwealth Bank of Australia (ASX: CBA), BHP Group Ltd (ASX: BHP), CSL Ltd (ASX: CSL), Wesfarmers Ltd (ASX: WES), and Goodman Group (ASX: GMG).
One of the benefits of exchange-traded funds is they provide instant diversification in one trade.
Let's review the top 10 ETFs traded in August, according to Selfwealth Ltd (ASX: SWF) data.
Top 10 most traded ASX ETFs in August
Here are the top 10 most traded ETFs in August.
The ETFs are ranked by total transaction volume. The volume includes both buy and sell orders.
We have also included the percentage of buy orders, which indicates investors' level of conviction.
Rank | Top ASX ETFs by trading volume | Percentage of buy orders |
1 | Vanguard Australian Shares Index ETF (ASX: VAS) | 78.8% |
2 | Vanguard Msci Index International Shares ETF (ASX: VGS) | 88.4% |
3 | BetaShares Nasdaq 100 ETF (ASX: NDQ) | 81.9% |
4 | iShares S&P 500 AUD ETF (ASX: IVV) | 87.5% |
5 | Vanguard Diversified High Growth Index ETF (ASX: VDHG) | 80.9% |
6 | BetaShares Australia 200 ETF (ASX: A200) | 80.1% |
7 | Vanguard US Total Market Shares Index AUD ETF (ASX: VTS) | 79.8% |
8 | BetaShares Diversified All Growth ETF (ASX: DHHF) | 88.8% |
9 | Australian Equities Strong Bear Hedge Fund (ASX: BBOZ) | 52.1% |
10 | Vanguard Australian Shares High Yield ETF (ASX: VHY) | 77.9% |
Which ETF attracted the strongest buyer interest?
The BetaShares Diversified All Growth ETF attracted the most buy orders among the 10 most traded ETFs in August. Investors' conviction was very high with 88.8% of orders being purchases.
The DHHF ETF provides exposure to a diversified portfolio of approximately 8,000 shares with high long-term growth potential. Its market cap is about $473 million.
About 36.5% of the fund is in ASX shares, including large-caps, mid-caps, and small-caps.
The rest is in international shares. These include United States stocks (39.2%), developed markets outside the US (18%), and emerging markets (6.3%).
This ASX ETF has a management fee of 0.19% per annum.
The annual distribution is approximately 2.2%, paid quarterly.
Distributions for Australian investors are automatically reinvested through the dividend reinvestment plan (DRP), unless they opt out.
Since its inception in December 2020, the DHHF ETF has returned an average of 11.05% per annum.