Spaceship Voyager is an Australian micro-investing app launched in 2017, aimed primarily at younger investors interested in technology-focused or sustainable investing. It offers three portfolio options with a low $1 minimum investment and simple flat-fee pricing. This review covers Spaceship’s fees, portfolios, historical performance, and how it compares to alternatives.
General information only — this review does not constitute a recommendation to use Spaceship.
Spaceship at a Glance
| Feature | Detail |
|---|---|
| Founded | 2017 |
| Minimum investment | $1 |
| Monthly fee | $3 (balances < $100,000) |
| Annual fee | 0.50%/year (Universe, Earth) above $100K; 0% (Origin) |
| Portfolio options | 3 |
| Round-up feature | No |
| Super option | No |
| Regulated by | ASIC (AFSL holder) |
| Availability | iOS and Android |
Portfolio Options
Spaceship offers three distinct investment philosophies:
Spaceship Universe
Spaceship’s flagship portfolio. Invests in global companies Spaceship’s team believes are “shaping the future” — heavily weighted to US technology:
- Heavy allocation to Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia, and similar companies
- More concentrated than a broad index fund — higher potential return and higher risk
- Has delivered strong returns during tech bull markets; underperforms in tech downturns
Spaceship Earth
ESG (environmental, social, governance) focused portfolio:
- Global companies meeting sustainability criteria
- Excludes fossil fuels, weapons, gambling, and similar industries
- Similar risk profile to Universe; aligned for ethically conscious investors
Spaceship Origin
A simpler, more traditional index approach:
- Invests in a broader universe of global companies
- Less tech-concentrated than Universe
- Historically: 0% annual fee (Spaceship has offered this portfolio fee-free — verify current terms)
Spaceship Fees
Monthly flat fee: $3/month = $36/year for balances under $100,000.
| Balance | Annual fee ($) | Annual fee (%) |
|---|---|---|
| $500 | $36 | 7.2% |
| $1,000 | $36 | 3.6% |
| $2,000 | $36 | 1.8% |
| $5,000 | $36 | 0.72% |
| $10,000 | $36 | 0.36% |
| $20,000 | $36 | 0.18% |
Spaceship’s flat fee is slightly lower than Raiz ($36 vs $42/year) — but the same structural issue applies: the fee is disproportionate on small balances.
Spaceship Performance
Spaceship Universe has historically delivered strong returns during periods of technology sector outperformance:
- In bull markets (2017–2021, 2023–2024), Universe significantly outperformed broad market indices
- In tech downturns (2022), Universe significantly underperformed broad market indices
This concentration in technology means Spaceship Universe is higher-risk than a diversified index fund. Spaceship Origin (the index approach) tracks more closely to global share market returns.
Past performance is not a reliable indicator of future performance.
What Spaceship Does Not Offer
Compared to Raiz and CommSec Pocket:
- No round-up investing — contributions are manual or scheduled only
- No super product — Spaceship is investments only
- No direct ETF ownership — you hold units in the Spaceship portfolio, not named ETFs
Who Spaceship Suits
Spaceship may suit:
- Younger investors aligned with a technology-growth investment philosophy
- ESG-conscious investors (Earth portfolio)
- Investors who want a simple interface without round-up complexity
- Those who prefer the lower $3/month fee vs Raiz’s $3.50/month
Spaceship may not suit:
- Investors seeking broad diversification (Universe is concentrated in tech)
- Those wanting a super product
- Investors who want to hold named ETFs directly
Related Articles
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- Raiz Review Australia
- CommSec Pocket Review Australia
- Best Micro-Investing Apps Australia
- Micro-Investing hub
Frequently Asked Questions
Is Spaceship safe in Australia? Spaceship Voyager is ASIC-regulated and holds an Australian Financial Services Licence. Client assets are held separately from Spaceship’s company assets through a custodial structure. Your investments are not government-guaranteed against loss — portfolio values can fall in line with market movements.
Is Spaceship Universe or Origin better? Spaceship Universe is more concentrated in technology and growth companies — potentially higher returns, higher risk, and more volatile. Origin takes a broader index approach — more diversified, lower concentration risk. Which is “better” depends on your risk tolerance and investment timeline. General information only.
Can I move money from Spaceship to a brokerage account? Not directly — withdrawing from Spaceship returns cash to your bank account. You would then use that cash to invest through a brokerage platform (CommSec, SelfWealth, Pearler). There is no in-specie transfer between Spaceship and a brokerage account.
This article is for general informational purposes only and is not a recommendation to use Spaceship or any other platform. Platform fees and features may have changed — always check current terms at spaceship.com.au. For personal advice, speak with a licensed financial adviser through the ASIC financial advisers register or MoneySmart.