Investing, Reports

What was the best performing ETF in Australia in 2024?

Stockspot ranks the 5 best performing ETFs in Australia in 2024.

ETFs have surged in popularity over recent years, as investors realise the benefits of diversified, passive investing. 

We analysed the returns of the best-performing ETFs in 2024 as at 31 December 2024 to tell you which ETF performed the best in 2024.

Listed below are the top five performing ETFs in Australia over the 12 months to 31 December 2024 (in reverse chronological order), and the reasons why they performed so well over the past year.

Before you rush in to buy these ETFs – pause. This year’s best performers can become next year’s worst performers very easily – which is why diversified investing is so important.

The top five Australian ETFs of 2024

5. Hyperion Global Growth Companies Fund (Managed Fund) (HYGG)

One-year total return: 43.0%

HYGG invests primarily in growth-focused companies, with a highly concentrated strategy of between 15-30 companies. HYGG tracks the MSCI World Ex Australia NR AUD index, which captures large and mid cap representation across 22 of 23 developed countries (Australia is excluded).

4. Betashares Video Games and Esports ETF (GAME)

One-year total return: 57.8%

Betashares GAME ETF provides exposure to companies in the global video game and esport industry. GAME aims to closely track the Nasdaq CTA Global Video Game and Esports Index. GAME provides investors with exposure to companies in the three sectors, including developer/publishers, esports companies and hardware.

3. VanEck Video Gaming and Esports ETF (ESPO)

One-year total return: 63.1%

ESPO gives investors access to global video and esport companies, involved in video game development, esports and related hardware and software. ESPO tracks the MVIS Global Video Gaming and eSport index, which tracks companies that generate at least 50% of their revenues from video gaming and/or esports.

2. Global X FANG+ ETF (FANG)

One-year total return: 65.1%

FANG ETF offers investors exposure to the NYSE FANG+ Index, which offers representation of the top innovators and internet/media companies. Focusing on a concentration of growth stock in tech and tech-enabled companies. Top holdings in the FANG ETF include NVIDIA Corp, Broadcom Inc, Apple, Alphabet Inc and Netflix.

1. Munro Climate Change Leaders Fund (Managed Fund) (MCCL)

One-year total return: 65.2%

The best performing ETF in 2024 was MCCL which aims to track the performance of the MSCI All Country World Index (Net) providing exposure to global growth and climate focused equities. The fund invests in a concentrated portfolio of 15 to 20 listed investments from around the world.

Best Performing ETFs 2024

ETF CODEETF NAME1-YEAR RETURN
MCCLMunro Climate Change Leaders Fund (Managed Fund)65.2%
FANGGlobal X FANG+ ETF65.1%
ESPOVanEck Video Gaming and Esports ETF63.1%
GAMEBetashares Video Games and Esports ETF54.4%
HYGGHyperion Global Growth Companies Fund (Managed Fund)53.0%
Source: ASX as at 31 December 2024.

Interestingly none of the funds that ended the year in the top 5 position had ranked in the top 5 position in the quarter prior, demonstrating the speed at which short term returns can fluctuate. As at 31 December 2024, interestingly the top 5 ETFs of 2024 list features two video gaming and esport ETFS alongside two growth focused ETFs, demonstrating the trending nature of short term changes. The top performing ETFs over a 5 year period are NDQ (22.3%), HACK (19.3%), IOO (17.5%), SPY (17.1%) and IVV (16.9%), many of which are available in portfolios (or as Themes) for Stockspot clients.

If you want to find out more about the Australian ETF landscape from previous years, explore our historic ETF reports.

If you’re unsure what ETFs you should be investing in or are worried that this years best performing ETF might be next years loser, Stockspot builds risk managed, balanced portfolios, for investors just like you, focused on long term goals. 

Find out how Stockspot can help you reach your financial goals.
  • Chris Brycki

    Founder and CEO

    Chris has over 25 years of investment experience and spent most of his early career as a Portfolio Manager at UBS. Chris has been a member of the ASIC Digital Advisory Committee and volunteers as a member of the Investment Committee for the NSW Cancer Council. He holds a Bachelor of Commerce (Accounting/Finance Co-op Scholarship) from UNSW.


Founder and CEO

Chris has over 25 years of investment experience and spent most of his early career as a Portfolio Manager at UBS. Chris has been a member of the ASIC Digital Advisory Committee and volunteers as a member of the Investment Committee for the NSW Cancer Council. He holds a Bachelor of Commerce (Accounting/Finance Co-op Scholarship) from UNSW.

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