Australian and ASX-listed ETFs like the BetaShares FUEL ETF (ASX: FUEL) are gaining more attention than ever because of how easy they make it for investors to get exposure to the International shares sector. Here’s a quick review of the FUEL ETF.
What does the FUEL ETF do for a diversified portfolio?
The BetaShares FUEL ETF provides investors with exposure to the performance of the largest energy companies around the world, hedged into Australian dollars.
How big is the BetaShares FUEL ETF?
The BetaShares FUEL ETF had $181.89 million of money invested when we last pulled the monthly numbers. Given FUEL’s total funds under management (FUM) figure is over $100 million, the ETF has met our minimum criteria for the total amount of money invested, otherwise known as FUM. We draw the line at $100 million for ETFs in the International shares sector because we believe that relative to smaller ETFs, achieving this amount of FUM de-risks the ETF.
FUEL ETF fees reviewed
BetaShares charges investors a yearly management fee of 0.57% for the FUEL ETF. This means that if you invested $2,000 in FUEL for a full year, you could expect to pay management fees of around $11.40.
For context, the average management fee (MER) of all ETFs covered by Best ETFs Australia on our complete list of ASX ETFs is 0.5% or around $10.00 per $2,000 invested. Keep in mind, small changes in fees can make a big difference after 10 or 20 years.
Next steps
Even if you like what you see, before diving straight into buying the FUEL ETF, please read the ETF’s Product Disclosure Statement (PDS). Also, be sure to take a look at our BetaShares FUEL report for a more comprehensive overview of this ETF. While you’re on our website, use our complete list of ASX ETFs to search for a few different ETFs in the sector and conduct a side-by-side comparison using everything you’ve learned here.
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