Analysts from Morgan Stanley have crowned the BetaShares Australia 200 the best exchange-traded fund that tracks the benchmark S&P/ASX200 Index, as the popularity of ETFs continues to grow among investors.

In a note to clients, the investment bank ranked three ASX200-tracking ETFs – BetaShares Australia 200, the iShares Core S&P/ASX 200 and the SPDR S&P/ASX 200 – on a range of measures, including exposure, product structure, risk metrics, fees and liquidity, profitability and performance.