Selfwealth was built on the idea that combining community data across a large data set (50000+ portfolios and counting!) along with modern technology will help investors increase returns reduce management fees and ultimately grow their wealth. Hence the name.A target portfolio option is to follow the most popular ETFs held by the community. If you're new to ETFs it worth checking out our beginner guide to ETFs.This targeting method is updated quarterly therefore this list is accurate from 1st October 2018. Check back around 1st January for an update!

Here a description of each ETF found in the top 10 there is no ranking here they're listed alphabetically. For more information please consult the fund manager respective site and PDS as well as contacting your financial adviser before making any decisions.

[IOO] ISHARES GLOBAL 100 ETF

iShares a BlackRock product lists this ETF investment objective as ¦ seeking to track the investment results of an index composed of 100 large-capitalisation global equities. Therefore this ETF will get you exposure to large companies (by market cap) across multiple markets.

[IVV] ISHARES S&P 500 ETF

This fund is similar to IOO in the sense that it tracks large-capitalisation companies but instead concentrates on the 500 by market cap in the US market.

[MGE] MAGELLAN GLOBAL EQUITIES FUND (MANAGED FUND)

This is an active ETF meaning there is a fund manager that is making decisions on its composition it not simply tracking a sector or part of a market. Magellan states that it invests in 20 to 40 of the world best global stocks and lists Alphabet (Google) Apple and Facebook among others on the fund page.

[STW] SPDR S&P/ASX 200 FUND

This ETF from State Street Global Advisers is a passive ETF that tracks the top 200 stocks from the ASX based on market cap. Therefore it will be weighted in line with the market cap of those companies.

[VAP] VANGUARD AUSTRALIAN PROPERTY SECURITIES INDEX ETF

Vanguard is famous for their low fees and as you can see are very popular amongst the Selfwealth community with 6 out of the top 10 ETFs managed by Vanguard. The community is still interested in exposure to property despite the news with this ETF.

[VAS] VANGUARD AUSTRALIAN SHARES INDEX ETF

VAS is a passive ETF that tracks the ASX 300 diversifying across Australian companies and property trusts listed on the ASX.

[VEU] VANGUARD ALL-WORLD EX-US SHARES INDEX ETF

This ETF as the name implies looks to expose its investors to markets outside of the US in both developed and emerging markets. They list this product as suitable for those with a higher tolerance for risk.

[VGS] VANGUARD MSCI INDEX INTERNATIONAL SHARES ETF

VGS is also a passive ETF that tracks the return of the MSCI World excluding Australia.

[VHY] VANGUARD AUSTRALIAN SHARES HIGH YIELD ETF

As the name implies VHY tracks the return of companies that are forecast to provide higher dividends relative to the rest of the ASX.

[VTS] VANGUARD US TOTAL MARKET SHARES INDEX ETF

As the name implies the US market is the target of this ETF and it does it quite comprehensively: with 3680 holdings in the fund the largest US companies will be covered. It lists technology as 20% of the sector allocation followed closely by financials at 19.1%.