Aware Super vs AustralianSuper

Aware Super vs AustralianSuper – These are two well known super funds – but do you know how they differ, or which could be the better fit for you? To make it easy, we’ve compared the key features of both funds side by side.

Please Note: Any advice on this page is general in nature and does not take into account your objectives, financial situation or needs. Consider whether this is right for you. See full disclaimer.
Past Performance is not a reliable indicator of future performance. You should view their Product Disclosure Statement and Target Market Determination before making any investment decisions.

AustralianSuper is the largest superannuation fund in Australia, and is a not-for-profit fund with an industry membership base. Membership is open to anyone within Australia.

Aware Super is an Not for profit non industry super fund and is linked to no particular industry. It is a fund with Open membership.

Aware Super vs AustralianSuper: How do fees compare?

When comparing AustralianSuper and Aware Super, AustralianSuper has annual percentage based fees, with a 0.67% investment based fee, compared to Aware Super’s percentage based fees of 0.73%. AustralianSuper has a flat fee of 52, while Aware Super has a flat fee of 52.

Aware Super vs AustralianSuper: How does performance compare?

AustralianSuper Aware Super
Type of fund Industry super fund not linked to any specific industry. Not for profit non industry fund linked to no particular industry.
Members 3,496,160 1,233,900
Default Fees (Based on 50K) $387 $417
Asset Allocation (MySuper option) AustralianSuper Balanced:
International Shares - 30.65%
Australian Shares - 24.6%
Alternative - 14.25%
Aware Super Future Saver - Balanced :
International Shares - 32%
Australian Shares - 23%
Alternative - 18.5%
Performance (MySuper option)* AustralianSuper Balanced:
1 Year: 11.34%
3 Year: 9.62%
5 Year: 8.86%
Aware Super Future Saver - Balanced :
1 Year: 11.48%
3 Year: 10.78%
5 Year: 8.91%
Product Disclosure Statement AustralianSuper Product Disclosure Statement Aware Super Product Disclosure Statement
For a more comprehensive breakdown of perfomance see our AustralianSuper Performance and Aware Super Performance pages.

*Performance as at 31-10-2025.

How does AustralianSuper and Aware Super insurance compare?

Insurance is also an important factor to consider when looking at superannuation options, as some funds may also provide insurance cover – such as life cover and TPD insurance. Insurance fees will affect super balance, so ensuring you’re happy with the deal you have is vital. Based on ratings from Omnilife, AustralianSuper received an insurance rating of 68, whilst Aware Super received a 70 for its insurance options.

Interested in seeing how AustralianSuper and Aware Super compared to other popular Australian funds? Compare super funds and have a look at the best performing super funds to see how they stack up. Check out our guide on changing super funds so that you’re aware of everything involved when making a change.

Review My Super is dedicated to helping you understand your super so you can make better decisions about your retirement savings. Subscribe for more valuable super insights.

Aware Super vs AustralianSuper – These are two well known super funds – but do you know how they differ, or which could be the better fit for you? To make it easy, we’ve compared the key features of both funds side by side.

Please Note: Any advice on this page is general in nature and does not take into account your objectives, financial situation or needs. Consider whether this is right for you. See full disclaimer.
Past Performance is not a reliable indicator of future performance. You should view their Product Disclosure Statement and Target Market Determination before making any investment decisions.

AustralianSuper is the largest superannuation fund in Australia, and is a not-for-profit fund with an industry membership base. Membership is open to anyone within Australia.

Aware Super is an Not for profit non industry super fund and is linked to no particular industry. It is a fund with Open membership.

Aware Super vs AustralianSuper: How do fees compare?

When comparing AustralianSuper and Aware Super, AustralianSuper has annual percentage based fees, with a 0.67% investment based fee, compared to Aware Super’s percentage based fees of 0.73%. AustralianSuper has a flat fee of 52, while Aware Super has a flat fee of 52.

Aware Super vs AustralianSuper: How does performance compare?

AustralianSuper Aware Super
Type of fund Industry super fund not linked to any specific industry. Not for profit non industry fund linked to no particular industry.
Members 3,496,160 1,233,900
Default Fees (Based on 50K) $387 $417
Asset Allocation (MySuper option) AustralianSuper Balanced:
International Shares - 30.65%
Australian Shares - 24.6%
Alternative - 14.25%
Aware Super Future Saver - Balanced :
International Shares - 32%
Australian Shares - 23%
Alternative - 18.5%
Performance (MySuper option)* AustralianSuper Balanced:
1 Year: 11.34%
3 Year: 9.62%
5 Year: 8.86%
Aware Super Future Saver - Balanced :
1 Year: 11.48%
3 Year: 10.78%
5 Year: 8.91%
Product Disclosure Statement AustralianSuper Product Disclosure Statement Aware Super Product Disclosure Statement
For a more comprehensive breakdown of perfomance see our AustralianSuper Performance and Aware Super Performance pages.

*Performance as at 31-10-2025.

How does AustralianSuper and Aware Super insurance compare?

Insurance is also an important factor to consider when looking at superannuation options, as some funds may also provide insurance cover – such as life cover and TPD insurance. Insurance fees will affect super balance, so ensuring you’re happy with the deal you have is vital. Based on ratings from Omnilife, AustralianSuper received an insurance rating of 68, whilst Aware Super received a 70 for its insurance options.

Interested in seeing how AustralianSuper and Aware Super compared to other popular Australian funds? Compare super funds and have a look at the best performing super funds to see how they stack up. Check out our guide on changing super funds so that you’re aware of everything involved when making a change.

Review My Super is dedicated to helping you understand your super so you can make better decisions about your retirement savings. Subscribe for more valuable super insights.

Aware Super vs AustralianSuper – These are two popular super funds in Australia – but do you know how they differ, or which could be the better fit for you? To make it easy, we’ve compared the key features of both funds side by side. 

AustralianSuper is the largest superannuation fund in Australia, and is a not-for-profit fund with an industry membership base. Membership is open to anyone within Australia.

Aware Super is one of Australia’s largest super funds. It is also a not-for-profit fund with an industry membership base. Membership is open to anyone within Australia.

Aware Super vs AustralianSuper: How do fees compare?

When comparing AustralianSuper and Aware Super fees, AustralianSuper has lower annual percentage based fees, with a 0.67% investment based fee, compared to Aware Super’s percentage based fees of 1.02%. AustralianSuper has a higher flat fee of $137.80, while Aware Super has a flat fee of $52.00.

Aware Super vs AustralianSuper: How does performance compare?

AustralianSuper Aware Super
Type of fund Industry super fund not linked to any specific industry. Industry Super fund with historical links to the health care industry and some state governments.
Members 2.3 million 1.1 million
Default Fees (Based on 50K) $472.80 $562
Asset Allocation (MySuper option) AustralianSuper Balanced:
International Shares - 31%
Australian Shares - 21%
Alternative - 19.5%
Aware Super Balanced Growth:
Australia Shares - 15%
International Shares - 24.50%
Fixed Interest - 17%
Performance (MySuper option)* AustralianSuper Balanced:
1 Year: 9.80%
3 Year: 9.08%
5 Year: 9.14%
Aware Super Balanced Growth:
1 Year: 6.84%
3 Year: 6.02%
5 Year: 6.58%
Product Disclosure Statement AustralianSuper Product Disclosure Statement Aware Super Product Disclosure Statement

*Performance as at 28 February 2022.

How does AustralianSuper and Aware Super insurance compare?

Insurance is also an important factor to consider when looking at superannuation options, as some funds may also provide insurance cover – such as life cover and TPD insurance. Insurance fees will affect super balance, so ensuring you’re happy with the deal you have is vital. Based on ratings from Omnilife, AustralianSuper received an insurance rating of 66/100, whilst Aware Super has received a rating of 67/100 for its insurance options. 

Interested in seeing how AustralianSuper and Aware Super compared to other popular Australian funds? Review My Super provides valuable insights on the best and worst performing super funds, so that you can make informed decisions on where you invest your money.

Review My Super can review every Super Fund in Australia and can help you understand what YOUR money is doing for YOU!