Best High Growth Super Funds in Australia 2026

Performance to 30 September 2026

Perpetual WealthFocus’s Perpetual Global Allocation Alpha had the highest five-year return in this comparison, at 10.74% p.a. to 30 September 2026. It also topped the one-year list with 10.69%. Over three years, Spaceship GrowthX came first with 17.10% p.a.

The tables below compare high growth super options using Lonsec data to 30 September 2026. We include options with 91% to 100% in growth assets. Options that invest only in Australian shares, international shares or a specialist sector are excluded. Those that combine Australian and international shares can qualify.

The rankings show past returns for the options included in our comparison. They don’t tell you which fund is best for your circumstances. Past performance is not a reliable indicator of future performance.

Top 10 high growth super options over five years

Sorted by five-year return to 30 September 2026. The three- and five-year figures are annual returns, shown as a percentage per year. Fees use Lonsec’s calculated amounts for a $50,000 balance.*

Returns are after fees associated with the investment option. Fund-level fees, such as fixed administration fees, have not been deducted. The returns therefore do not reflect all fees you may pay as a member.

*Fees are taken directly from Lonsec’s calculated-fee figures. We haven’t added the separately listed buy/sell spreads. The fee section below explains how to read these amounts. CFS stands for Colonial First State.

Top 10 high growth super options over one year

The ten highest one-year returns in our comparison, for the year ending 30 September 2026.

What the one year results show

Perpetual Global Allocation Alpha returned 10.69% over the year, followed by Hostplus Indexed High Growth at 9.02%. The gap was 1.67 percentage points.

You’ll notice AMP SignatureSuper Growth Index in the table, even though its name doesn’t say High Growth. It qualifies because its growth allocation is 92.5%. We use the allocation to decide which category an option belongs in, so a product called High Growth can still fall outside this list.

Before making a decision based on the one-year results, check how the option compares over longer periods and what it invests in.

Top 10 high growth super options over three years

The ten highest returns over the three years ending 30 September 2026. Figures are annualised, meaning they show the compound return per year rather than the total gain over three years.

Which options appear across all three rankings

Four options made the top ten in every table: Spaceship GrowthX, AMP SignatureSuper High Growth Index, CFS Enhanced Index High Growth and CFS Index High Growth. That’s useful when looking beyond the latest one-year result. The periods overlap, though, so it doesn’t mean these options were among the best performers in every individual year.

Spaceship GrowthX is a good example of why the period matters. It ranks first over three years and sixth over five years. Perpetual Global Allocation Alpha leads over one and five years, but falls outside the three-year top ten.

How we rank high growth super funds

Each entry is an investment option within a super fund. A fund may offer several options that qualify, so you may see its name more than once.

Eligibility and coverage

The Lonsec data used for this September comparison covers 584 unique options. Of these, 173 have growth allocations between 91% and 100%. After applying the exclusions below, 36 qualify. We have one-year returns for 29 of them, three-year returns for 27 and five-year returns for 23.

We leave out options that invest only in Australian shares, international shares, property or a specialist sector. Options that combine Australian and international shares can qualify. Examples include Virgin Money Indexed Diversified Shares and Vision Personal Just Shares. These spread investments across share markets, but don’t offer the same mix of assets as a portfolio that also holds bonds and cash.

Growth allocations are taken from Lonsec’s asset-allocation data. They may have changed during the periods shown. Funds and comparison websites also use different category definitions, which is one reason their High Growth lists may differ.

Ranking and missing data

We sort each table by return, from highest to lowest, using figures dated 30 September 2026. If an option is missing a return for a particular period, we leave it out of that table. A missing figure is not a zero return. Separate products keep their own entries, even if their returns match. The comparison does not cover every Australian super fund or option.

The one-year figures cover the year to 30 September. The three- and five-year figures are annualised returns supplied by Lonsec. Fees associated with the investment option are already deducted from these returns. Fund-level fees, such as fixed administration fees, are not deducted. We haven’t made any further deductions or adjusted the figures for individual accounts. Your own return can differ depending on when money enters or leaves your account and the charges that apply to you.

How to compare fees

The fees in the five-year table come from Lonsec’s “Calculated Fee on $50K Balance” field. We’ve kept those amounts rather than rebuilding them from the individual percentage fees, which may use different precision or assumptions. We haven’t added buy/sell spreads. The tables are ranked by performance, not fees.

A $50,000 balance gives everyone the same starting point for comparing costs. Your actual fees may differ because of balance tiers, caps, rebates, insurance or advice charges. Check the current product documents for details. Buy/sell spreads relate to transactions and shouldn’t simply be added to an annual percentage fee. Also check which costs are already reflected in a reported return before subtracting any fees from it.

For example, Lonsec’s fee figure for CFS Index High Growth is $180 on a $50,000 balance, compared with $415 for CFS Enhanced Index High Growth. Their five-year returns are 8.41% p.a. and 9.78% p.a. respectively. Fees matter, but they’re only one part of the comparison.

Choosing between high growth super options

First, check the name of the investment option you hold. Compare it with options that have similar growth allocations, using returns for the same dates. Then look at fees, insurance, service and how the money is invested.

For a broader comparison, see ASIC Moneysmart’s guide to choosing a super fund

With most of your money in growth assets, you need to be comfortable with the possibility of substantial short-term falls. Think about when you’ll need the money and how you would respond if your balance dropped. Your age is only part of that decision.

Learn more in ASIC Moneysmart’s guide to super investment options

Common questions about high growth super

What is the best performing high growth super fund?

It depends on the period. Perpetual WealthFocus Perpetual Global Allocation Alpha leads this comparison over five years with 10.74% p.a. and over one year with 10.69%. Spaceship GrowthX leads over three years with 17.10% p.a. All figures are to 30 September 2026.

What counts as a high growth investment option?

We use a growth allocation of 91% to 100%, subject to the exclusions explained above. Our Growth category covers 77% to 90%. The investment mix determines the category, even if the fund uses a different name for its option.

Why is my fund missing from the tables?

It may have a lower growth allocation, invest in a single market or sector, or fall outside the top ten. Some options are also missing performance figures or aren’t included in the Lonsec data used here. A fund’s absence doesn’t necessarily mean it has performed poorly.

Are high growth options the same as shares only options?

No. Some options in these tables hold property, alternatives or defensive assets as well as shares. Others combine Australian and international shares. Check what each option holds, as the risks can differ even when the growth percentages are similar.

Should I switch to the highest ranked option?

Before switching, compare longer-term returns, risk, fees, service, insurance and the product terms. The latest ranking is a starting point, not enough on its own to make the decision. Consider personal financial advice if you need help choosing an option that suits your circumstances.

Compare other super investment options

Compare super funds

Best performing Growth super options with 77 to 90% growth assets

Best performing Balanced super options with 61 to 76% growth assets

Best performing Conservative Balanced super options with 41 to 60% growth assets

Best performing Capital Stable super options with 20 to 40% growth assets

Best performing Secure super options with 0 to 19% growth assets

Data source: Lonsec. Performance to 30 September 2026. Rankings and analysis: Review My Super. This is general information and does not take account of your objectives, financial situation or needs. Consider the product disclosure statement and target market determination before acting.