Compare Super Funds
When you start a job with no super fund of your own, your employer pays into a default product called MySuper. Compare them across 35 Australian super funds, on the figures APRA publishes each year. Fees on a $50,000 balance run from $245 to $655 a year, which is 0.49% to 1.31% of the balance.
Two kinds of super product
MySuperListed below
The default product an employer pays into when you have no fund of your own. If you are starting your first job and don’t pick a fund, your employer pays into its MySuper default.
Choice
Products where you pick how your super is invested, or an adviser picks for you. Many are sold through financial advisers or investment platforms.
Compare 180 Choice Products
Comparing 50 products
Side-by-side Compare isn't offered for super. Many MySuper products set their fees and returns by age stage rather than as one figure, so funds don't line up column by column. Open a fund's details to see the figures for every stage.
How to read the two return figures
Both are average yearly returns on a $50,000 balance, after fees and tax. They are what a product has already earned, not what it will earn next. A product that did well over one period may not over the next.
- Net return 7yr
- The seven years to 30 Jun 2026.
- Net return 10yr
- Those seven years and the three before, so one unusually good or bad year moves it less.
The two cover different years, so one product’s 7 year figure against another’s 10 year figure is not like for like.
What a dash or a range means
- A dash
- No figure was reported for that period, usually because the product has not been running that long. It is not a return of zero. Of the 50 MySuper products, a 7 year figure is reported for 49 and a 10 year figure for 46. A product with a dash is listed last when the table is sorted by that figure.
- A range
- The lowest and highest figures among a product’s age stages that reported one, because its returns differ by the stage a member is in. The product’s page, opened with Fund Details, lists the figure for each stage. Sorted highest first, the product is placed by the top of its range.
| Fund | Actions | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 | Total fees$470 a year0.94% of a $50,000 balance | Net return 7yr6.24% a year | Net return 10yr6.66% a year | Fund details | APRA testFail | ||||||||
 | Total fees$470 a year0.94% of a $50,000 balance | Net return 7yr7.53% a year | Net return 10yr7.90% a year | Fund details | APRA testPass | ||||||||
 | Total fees$480 a year0.96% of a $50,000 balance | Net return 7yr6.28% a year | Net return 10yr6.45% a year | Fund details | APRA testPass | ||||||||
 | Total fees$490 a year0.98% of a $50,000 balance | Net return 7yr7.04% a year | Net return 10yr7.33% a year | Fund details | APRA testPass | ||||||||
 | Total fees$490 to $500 a year0.98% to 1.00% of a $50,000 balance | Net return 7yr6.24% to 7.13% a year | Net return 10yr6.64% to 7.29% a year | Fund details | APRA testPass | ||||||||
 | Total fees$505 a year1.01% of a $50,000 balance | Net return 7yr6.35% a year | Net return 10yr7.00% a year | Fund details | APRA testPass | ||||||||
 | Total fees$515 a year1.03% of a $50,000 balance | Net return 7yr7.01% a year | Net return 10yr7.72% a year | Fund details | APRA testPass | ||||||||
 | Total fees$560 a year1.12% of a $50,000 balance | Net return 7yr6.62% a year | Net return 10yr7.25% a year | Fund details | APRA testPass | ||||||||
 | Total fees$595 a year1.19% of a $50,000 balance | Net return 7yr6.21% a year | Net return 10yr6.99% a year | Fund details | APRA testPass | ||||||||
 | Total fees$655 a year1.31% of a $50,000 balance | Net return 7yr7.89% a year | Net return 10yr8.70% a year | Fund details | APRA testPass | ||||||||
Important information
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Fees and returns shown are the figures published in APRA’s annual product performance publications, expressed as a percentage of a $50,000 account balance. They are updated when APRA republishes, not daily, and fees a fund charges may have changed since. Returns are what a product has already earned after fees and tax. Past performance is not an indicator of future performance. Before acting on any information shown here, you should confirm the fees, returns and product information with the fund.
We do not compare every MySuper product available in Australia, and this table does not compare every feature that may be relevant to you. Products are selected for relevance to the table and to the filters applied. They are not suggestions or recommendations, and the order they appear in is not a ranking of suitability. Changing the filters will surface further relevant products. See how we sort and rank products.
No product in this table is a sponsored placement, and no fund pays us for a click through from this table. A fund can pay for a sponsored placement, and any product in one is marked “Sponsored Placement” wherever it appears. Payment never decides which products we show, and it never changes the fees, returns or other figures, which come from APRA. See how we make money and our advertiser disclosure.
This information is general in nature. It does not take into account your objectives, financial situation or needs, and it is not a recommendation to apply for or hold any particular product. You should read the fund’s Product Disclosure Statement and Target Market Determination before deciding, and consider whether the product suits your age, your other super and your circumstances. CompareThat compares products. We do not arrange, approve or process applications.
Guides
- Superannuation Guide How to combine multiple super accounts Combining super accounts takes about ten minutes online, which is exactly the problem. The checks that matter all belong before you start, and one of them cannot be undone afterwards.
- Superannuation Guide How to choose and compare super funds If your employer has asked you to nominate a fund, the decision is narrower than it looks. Here is what you are actually choosing, and then what each published figure measures, which ones compare across funds and which ones do not.
How to compare MySuper products
MySuper products are the default products an employer pays into when an employee has not chosen a fund and has no existing one. Because they all have to report to APRA on the same basis, they are the one part of superannuation that can be compared line for line. Two figures do most of the work: the total fee charged against a balance each year, and the net return that balance has actually earned after those fees and tax were taken out.
APRA reports both against a $50,000 balance. That is not a guess at what anyone holds. It is a fixed reference point, and it matters because many funds charge a flat dollar administration fee alongside a percentage one, so the same product looks cheaper or dearer depending on the balance it is measured against. Comparing every product at the same balance is what stops that distorting the comparison. On a $50,000 balance a total fee of 0.82% is $410 a year.
Some products are lifecycle products. They move a member from mostly growth assets towards more defensive ones as the member gets older, and they publish a separate set of fees and returns for each age stage. Most of them charge different fees from one stage to the next, so a single headline number would be true for at most one stage and wrong for the rest. Those products show a range here, and the product page lists every stage the fund published, with the fees and returns each one reported.
Returns on this page are historical. They record what a product earned over the seven or ten years to the reporting date, and a product with a shorter history has nothing to report for the longer period, which is why some cells are blank rather than zero. Past returns are one input among several, and they describe a period that has already happened.
Understanding a super statement
The terms you will meet on this page, in a fund’s Product Disclosure Statement and on your own annual statement.
| Term | What it means |
|---|---|
| MySuper | The default superannuation product an employer pays into when an employee does not choose a fund and has no existing fund to be paid into. Every MySuper product has to meet a set of legislated rules and is reported on by APRA each year, which is what makes them comparable to each other. |
| Administration fee | The charge for running the fund and your member account. APRA reports it as a share of the balance, so 0.25% on a $50,000 balance is $125 a year. |
| Total fees | Administration, investment and transaction fees added together. It is the figure to compare across funds, because a fund with a low administration fee can still carry a high investment fee. |
| Net return | What a balance actually grew by after investment fees, administration fees and tax were taken out. APRA reports it against a $50,000 balance so the administration fee, which is partly a flat dollar charge in many funds, is applied consistently. |
| Net investment return | What the investments earned after investment fees and tax, but before administration fees. It measures the investment side of a fund on its own, separate from the cost of running the account. |
| Lifecycle product | A MySuper product that changes how a member is invested as they get older, usually moving from mostly growth assets towards more defensive ones. Each age stage has its own fees and returns, which is why lifecycle products are shown here as a range. |
| Single strategy product | A MySuper product that invests every member the same way regardless of age. It has one set of fees and one set of returns. |
| Growth assets | Assets such as shares, property and infrastructure, which tend to move up and down more than defensive assets such as cash and bonds. A higher growth allocation generally means a wider spread of possible outcomes, in both directions. |
| Annual performance test | A test APRA runs each year on every MySuper product, comparing its returns and fees against a benchmark built from its own investment mix. APRA publishes the result as a pass or a fail, and a product that fails twice cannot accept new members. |
| RSE licensee | The trustee company legally responsible for the fund. It is often not the brand name on the product, because one trustee can run several products under different names. |
| Public offer fund | A fund anyone can join. A non-public offer fund is restricted, usually to the employees of a particular employer or to members of a particular group. |
Common questions
Where do these figures come from?
They are published by the Australian Prudential Regulation Authority in its annual Comprehensive Product Performance Package. APRA collects the same fields from every fund on the same basis, which is what makes the products on this page comparable to each other. We show the figures as published and do not adjust or re-rank them. where our data comes from.
How often does this data update?
Once a year. Superannuation is not part of the Consumer Data Right, so unlike the banking and energy products on this site there is no daily feed. APRA publishes the package annually and this page reflects the most recent one we have loaded.
Why do some funds show a range instead of one number?
Because lifecycle products invest members differently at different ages and publish a separate set of fees and returns for each age stage. Most of them charge different fees and report different returns from one stage to the next, so there is no single figure that is true for the whole product. Where the stages differ we show the lowest and the highest, and the product page lists every stage with the fees and returns it reported.
Why is a return blank for some products?
A ten year return only exists for a product with ten years of history, and a newer product simply has nothing to report for the longer periods. A blank means the figure has not been reported, not that the return was zero. We never fill a missing figure with a nil value or treat it as one when sorting.
What is the difference between the 7 year and 10 year return?
Both are the average yearly return on a $50,000 balance after fees and tax, measured to the same reporting date. The seven year figure covers the most recent seven years, and the ten year figure covers those same years plus the three before them. Because it spans more years, one unusually good or bad year moves the ten year figure less. The two cover different periods, so one product’s seven year figure against another’s ten year figure is not a like for like comparison. Both describe a period that has already happened, and neither says what a product will earn next.
What does the annual performance test result mean?
APRA tests each MySuper product every year against a benchmark built from that product’s own investment mix, and publishes a pass or a fail. A product that fails two years running is closed to new members. Where APRA attaches a footnote to a result it publishes an asterisk with it, and we show the result exactly as APRA published it, asterisk included.
Are lower fees always better?
Fees and returns are different measures and this page shows both rather than combining them into a score. A lower fee reduces what comes out of a balance, and a higher net return is already measured after fees, so the two are not interchangeable. Which matters more depends on circumstances this page knows nothing about.
Do you show every superannuation product?
No. This page covers MySuper products, which are the default products APRA reports on in a standard form. It does not cover choice investment options inside a fund, self managed funds, retirement or pension products, or defined benefit arrangements.
Do you get paid to rank funds, or sell my details?
No. A fund can pay us for a sponsored placement, which is marked “Sponsored Placement” wherever it appears, but payment never changes which funds we list, the order our hubs list them in or the figures, which come from APRA. We do not sell your details. For more, see how we make money.
Why you can trust CompareThat
We are not a super fund or a financial adviser. The superannuation figures here are taken from APRA’s own annual MySuper publication and shown as published, so what you see is the regulator’s data rather than a fund’s marketing.
- Not a fund. We do not run a superannuation fund or take applications.
- Sourced from APRA’s Comprehensive Product Performance Package, shown as published.
- Payment never changes which products we show, their order or the figures. A fund can pay for a sponsored placement, which is marked “Sponsored Placement” wherever it appears.
- No links out to funds from this list, and no sign-up. This page exists to show you the published figures side by side. Anything you decide to do next, you do with the fund directly.
- General advice only, not personal advice. CompareThat compares; it does not recommend.
Superannuation figures are sourced from APRA’s annual Comprehensive Product Performance Package. This page is general advice only, not personal advice. It does not take into account your objectives, financial situation or needs. Fees and returns are shown as a share of a $50,000 balance because that is the basis APRA reports them on; your own balance, insurance cover and contributions will change what you pay and earn. Past performance is not an indicator of future performance. Read a fund’s Product Disclosure Statement and Target Market Determination before making any decision. CompareThat is a comparison service and is not a superannuation fund or a financial adviser. A fund can pay for a sponsored placement, and a product in one is marked “Sponsored Placement” wherever it appears. Payment never changes which products we show or the figures, and our superannuation hubs order products only by the figure you sort on.