Compare what each fund offers, then choose investment options to put their published costs and returns side by side.
Retail platform
HUB24 Super is an adviser platform with Discover, Core and Choice menus. The reason to consider it is the portfolio and administration functionality that a particular member needs.
The product is offered through an advice relationship; the current PDS and target market determination set the application rules.
Retail investment platform
IconiQ Super Wrap is an advised portfolio account with accumulation, transition-to-retirement and retirement pension arrangements.
An adviser relationship is normally required to join; losing that relationship restricts some account features.
Choose the actual investment pathway for each account. For lifecycle products, select the named stage relevant to you. No stage is selected automatically.
The costs and returns belong to the selected product, option or lifecycle stage.
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 | HUB24 | IconiQ Super Wrap |
|---|---|---|
| Membership and access | The product is offered through an advice relationship; the current PDS and target market determination set the application rules. Sources123 | An adviser relationship is normally required to join; losing that relationship restricts some account features. Sources1234 |
| Accounts and products | HUB24 Super with menu and account variants. Sources123 | Accumulation, Transition to Retirement Pension and Retirement Pension portfolios. Sources1234 |
| Investment choices | Discover provides a streamlined managed-portfolio selection. Core and Choice offer other levels of investment breadth. Sources123 | The menu includes managed funds, listed investments, managed accounts, cash and term deposits. Its SMA service provides access to managed portfolios. Sources1234 |
| Insurance | A separate HUB24 Super Insurance Guide sets out available cover and conditions. Sources123 | No insurance cover is offered within the division. Sources1234 |
| Retirement income | The cash account processes pension payments as well as investment trades and fees. Retirement features depend on the selected account. Sources123 | Both transition-to-retirement and retirement pension accounts are available under the super PDS. Sources1234 |
| Advice and support | Advisers use the platform to construct and manage client portfolios. Advice fees need to be included in any total-cost assessment. Sources123 | The adviser helps set and maintain the portfolio. Their advice fee and responsibilities are separate from the platform service. Sources1234 |
| Fee details to check | Calculate costs using the selected menu, balance and investments. Add adviser and managed-portfolio fees, plus transaction and underlying investment costs. Sources123 | Include administration, underlying investments, transactions, advice and the cash administration fee. The product cost example excludes some costs of accessible investments. Sources1234 |
| Comparing investment performance | A HUB24 account does not have one standard return. Compare a specific proposed portfolio and its complete fees. Sources123 | Judge the chosen holdings and cash allocation. Platform reporting is useful for monitoring a portfolio but is not a fund-wide investment strategy. Sources1234 |
THE SUPERGURU VIEW
A relevant comparison for someone paying for ongoing advice who will use the platform's portfolio features.
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
THE SUPERGURU VIEW
May suit an advised household that can use the portfolio and aggregation features.
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 HUB24 profile · Read the full IconiQ Super Wrap 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.