superguru
MenuClose menu

Netwealth vs Superhero Super

Compare what each fund offers, then choose investment options to put their published costs and returns side by side.

By SuperGuru Group · Research checked 11 September 2026 · Historical APRA figures to 30 June 2026

Netwealth

Retail platform

Netwealth Super Accelerator is a platform for building and administering a selected investment portfolio. Core and Plus have different investment menus.

Membership

Check the product's application requirements and whether a financial adviser will manage the account.

Superhero Super

Retail fund brand

Superhero Super offers managed investments, thematic choices and direct shares and ETFs within super.

Membership

Public membership under the applicable MySuper or Choice documents.

Compare fees and investment returns

Choose the actual investment pathway for each account. For lifecycle products, select the named stage relevant to you. No stage is selected automatically.

APRA product data to 30 June 2026
MeasureChoose an investment optionSuperhero Super MySuper
Return basisChoose an optionMySuper net return after administration costs, $50,000 representative member
3-year return, per yearChoose an option9.95%
5-year return, per yearChoose an option5.96%
7-year return, per yearChoose an option6.67%
10-year return, per yearChoose an option6.79%
APRA strategic growth allocationChoose an option80.50%
Reported total fees, net of tax, at $50,000Choose an option$350 a year (0.70%)
Administration and advice costs, net of tax (included in total)Choose an option$195 a year
2026 performance testChoose an optionPass
New-member status at reporting dateCheck the current product eligibility rulesCheck the current product eligibility rules

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.

How the products differ

Netwealth and Superhero Super: product features and conditions
What to compareNetwealthSuperhero Super
Membership and access

Check the product's application requirements and whether a financial adviser will manage the account.

Sources123

Public membership under the applicable MySuper or Choice documents.

Sources1234
Accounts and products

Super Accelerator Core and Super Accelerator Plus, with pension account options.

Sources123

Superhero Super Choice and MySuper.

Sources1234
Investment choices

Core has a narrower menu of funds, models and income investments. Plus has broader managed-fund and listed-investment access.

Sources123

Diversified, single-sector, thematic and direct options. At least 25% of a Choice balance must remain across diversified or single-sector options.

Sources1234
Insurance

Personal Super members can apply for group cover or eligible individual LifeWRAP policies, including death, TPD and income protection.

Sources123

MySuper and Choice insurance terms differ. There is no insurance in the retirement division; retaining accumulation cover requires a sufficiently funded super account.

Sources1234
Retirement income

Pension functionality is part of Super Accelerator; available investments and cash needs should be reviewed for the drawdown period.

Sources123

Retirement and transition-to-retirement accounts are available, with a $20,000 minimum under the PDS dated 2 June 2026.

Sources1234
Advice and support

The platform supports a nominated financial adviser, with agreed advice fees separate from investment and platform costs.

Sources123

The service supports self-directed investment decisions. Personal advice should be arranged where needed.

Sources1234
Fee details to check

Include fixed and balance-based administration charges, underlying fund or model costs, trading costs and advice. A quoted Core administration percentage excludes additional fixed or minimum fees.

Sources123

Choice administration is $52 a year plus a balance-based fee; investment fees vary and direct investing adds costs. MySuper has its own schedule.

Sources1234
Comparing investment performance

Performance belongs to the selected investments and the member's allocation, not the Netwealth brand.

Sources123

The website's investment returns exclude administration fees and costs. Direct portfolios have member-specific returns.

Sources1234

THE SUPERGURU VIEW

Our take on Netwealth

Editorial assessment

Best researched when an advised or self-selected portfolio needs the investments and reporting functions the platform provides.

What deserves a closer look

  • Do not assume a zero platform investment-fee line means the underlying investments are free.
  • An SMSF service is a different product and responsibility structure.

Sources123

Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.

THE SUPERGURU VIEW

Our take on Superhero Super

Editorial assessment

Relevant for an investor who wants more control but accepts the portfolio limits and costs.

What deserves a closer look

  • The required 25% managed or single-sector allocation limits a wholly direct portfolio.
  • A newly registered legal fund is not evidence that the current consumer product has already transferred.

Sources1234

Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.

Before choosing between Netwealth and Superhero Super

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 Netwealth profile · Read the full Superhero Super profile · Choose another comparison

Sources for Netwealth

Checked 2026-09-11. Documents and product terms can change after this date.

  1. Compare super options
  2. Core investment range
  3. Super Accelerator PDS

Sources for Superhero Super

Checked 2026-09-11. Documents and product terms can change after this date.

  1. Investment options and return basis
  2. Product and fees
  3. Current additional information guide
  4. Retirement and transition-to-retirement PDS, 2 June 2026