Compare what each fund offers, then choose investment options to put their published costs and returns side by side.
Restricted corporate fund
ANZ Staff Super is an accumulation fund for eligible ANZ employees and the partners of existing members.
Current permanent and fixed-term ANZ employees can join, as can partners of current members. Existing members can generally stay after leaving ANZ. A former employee who never joined cannot assume they can enter later.
Retail fund
Australian Ethical applies its ethical screening approach across its investment range. The main comparison is how its published criteria, portfolio and cost fit what you want your super to do.
Check the current super PDS and target market determination for joining conditions. Pension eligibility and investment choices are covered separately.
Choose the actual investment pathway for each account. For lifecycle products, select the named stage relevant to you. No stage is selected automatically.
| Measure | ANZ Staff MySuper | Australian Ethical Retail Superannuation Fund MySuper |
|---|---|---|
| Return basis | MySuper net return after administration costs, $50,000 representative member | MySuper net return after administration costs, $50,000 representative member |
| 3-year return, per year | 9.43% | 7.68% |
| 5-year return, per year | 6.25% | 5.00% |
| 7-year return, per year | 6.66% | 6.21% |
| 10-year return, per year | 7.39% | 6.99% |
| APRA strategic growth allocation | 70.75% | 72.25% |
| Reported total fees, net of tax, at $50,000 | $315 a year (0.63%) | $595 a year (1.19%) |
| Administration and advice costs, net of tax (included in total) | $80 a year | $160 a year |
| 2026 performance test | Pass | Pass |
| New-member status at reporting date | Check the current product eligibility rules | Check the current product eligibility rules |
At $50,000, the reported annual total-cost difference is $280. ANZ Staff Super's selected reporting pathway has the lower reported cost on this measure. The figures cover the year to June 2026; current prices, insurance and separately charged advice can change the comparison.
The growth allocations are 70.75% and 72.25%. A return gap can reflect different exposure to growth assets, and similar headline allocations can still contain different investments.
A performance-test pass is a benchmark result for the tested product or pathway. It is not an endorsement or a guarantee of future performance.
Source: APRA Comprehensive Product Performance Package 2026, published 28 August 2026. Fees reflect the reporting year to 30 June 2026, are net of tax, use standard arrangements and exclude member-activity fees. Dollar figures are rounded. They are not a current quote. Check the latest PDS for changes, insurance premiums and any separately charged advice.
Returns are annualised historical results. Different return bases, risk levels and periods cannot be treated as interchangeable. MySuper net returns use a $50,000 representative balance even when you change the fee balance. A lifecycle stage return does not track a person moving between stages. Missing figures mean not reported, not zero. Past returns do not predict future returns. Read our method and APRA's definitions.
| What to compare | ANZ Staff Super | Australian Ethical |
|---|---|---|
| Membership and access | Current permanent and fixed-term ANZ employees can join, as can partners of current members. Existing members can generally stay after leaving ANZ. A former employee who never joined cannot assume they can enter later. Sources1234 | Check the current super PDS and target market determination for joining conditions. Pension eligibility and investment choices are covered separately. Sources7 |
| Accounts and products | ANZ Australian Staff Superannuation Scheme. This is separate from ANZ Smart Choice Super. Employee Section Personal Section Partner Section Retirement Section Sources1234 | Australian Ethical Retail Superannuation Fund's super and pension products. Australian Ethical Super Australian Ethical account-based pension Sources3 |
| Investment choices | Balanced Growth (ANZ Staff MySuper) There are four options: Aggressive Growth, Balanced Growth, Cautious and Cash. Members can combine them. This is a compact investment menu for people who want a few clear choices. Sources1234 | Balanced The range includes diversified options and share-focused choices with different risk levels. All are subject to Australian Ethical's screening process. Its exclusions and positive investment choices use detailed criteria and revenue thresholds, so 'ethical' should not be read as an absolute ban on every indirect connection to a sector. Sources127 |
| Insurance | Eligible Employee members can receive automatic death and TPD cover and apply for salary continuance. Partner members apply for cover. Cover, premiums and continuation rules vary by section; current rebates should not be assumed permanent. Sources1234 | Eligible members can receive default death and TPD cover, with income protection available by application. The amount and cost depend on the insurance terms. Members and eligible family members can access MetLife 360Health support services, subject to the service conditions. Sources45 |
| Retirement income | The Retirement Section offers retirement income and transition-to-retirement accounts, subject to eligibility and minimum balance requirements. Sources1234 | Australian Ethical offers an account-based pension with its own investment options, fees and payment choices. Check that the pension option's asset mix is comparable with the accumulation holding you are considering moving. Sources56 |
| Comparing investment performance | Use ANZ Staff MySuper for the default investment comparison, then check the member section and insurance separately. Sources1234 | The fund describes the fee basis of its published returns. Comparisons should use the same period, risk profile and account type and explain which administration fees are excluded. Screening can change sector exposures, so a broad-market index is a useful reference but not an identical portfolio. Compare ethical methodologies and actual holdings rather than awarding an unexplained ethical score. State fixed-fee exclusions alongside any net-return figure. Sources1 |
| Advice and support | This detail has not been verified for this profile. Check the current product documents. | The fund provides information, calculators and a direction to seek licensed advice before investment decisions. This research has not verified a universal included personal-advice service, so confirm available assistance and fees directly. Sources3 |
| Fee details to check | This detail has not been verified for this profile. Check the current product documents. | Compare administration, investment and transaction charges for the chosen option, plus insurance and other applicable costs. Australian Ethical's published performance can exclude a fixed dollar member fee even when percentage administration fees are reflected; the return figure and total account cost are different measures. Sources6 |
THE SUPERGURU VIEW
The employee benefits make this worth examining before an ANZ employee switches elsewhere. Use the section you will actually hold: a comparison based on Employee pricing can give the wrong answer for a partner or former employee.
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
THE SUPERGURU VIEW
Australian Ethical is worth examining if investment exclusions are a deciding factor. Its advantage for a researcher is the published ethical framework across the range. The next step is to read that framework against your own priorities, then assess the asset mix and cost with the same care you would apply to any other fund.
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
Use the membership rules to establish which accounts are available to you. Then compare the total price of the investment option and cover you need. A lower fee or higher historical return alone does not tell you which fund is suitable.
Ask both funds to confirm insurance acceptance, exclusions, waiting periods and whether cover would change when you leave your employer. Obtain advice before giving up a defined benefit or an insurance policy you may not be able to replace. ASIC Moneysmart explains the comparison checks.
Read the full ANZ Staff Super profile · Read the full Australian Ethical profile · Choose another comparison
Checked 2026-09-11. Documents and product terms can change after this date.
Checked 2026-09-11. Documents and product terms can change after this date.