compare

raiz vs spaceship.

Raiz invests your spare change into a portfolio of ETFs. Spaceship Voyager puts any amount into one of five share portfolios. Here is how the two differ, in each provider’s own numbers.

see them line by line where inaam sits

Every figure is the provider’s own, read on 12 October 2026. inaam is not affiliated with either of them.

a magnifying glass held over a fund report

asked and answered

the short answer

Raiz is a micro-investing app. It rounds up your everyday purchases and invests the spare change, alongside any recurring or lump sum deposits, into a portfolio of ETFs. The minimum is $5. It charges a monthly fee by plan: $2.50 on Lite, $5.50 on Regular and $6.50 on Plus. From $26,000 on Regular and $28,000 on Plus that monthly fee stops, and 0.275% a year applies instead.

Spaceship Voyager is a growth investing app. It has no minimum, and you choose from five portfolios: Universe, Earth, Origin, Galaxy and Explorer. The monthly fee is $3, and it does not apply while every portfolio is under $100. Each portfolio also carries a management fee of 0.15% to 0.50% a year.

So the two differ in how the money gets in, in what it buys, and in how the fee moves as your balance grows. Raiz is built around spare change and ETFs, with a flat fee that turns into a percentage on a large balance. Spaceship is built around portfolios of company shares, with a small flat fee and a percentage that applies at every balance.

side by side

raiz and spaceship, line by line

Each figure links to the page or the product disclosure statement it came from. inaam is in the third column, on the same lines.

	raiz	spaceship	inaam
what it is	micro-investing app	growth investing app	impact investing app
minimum to start	$5per its disclosure statement of 1 August 2025	nonean investment plan starts at $5. Per its Universe Portfolio disclosure statement of 9 October 2026	$100into the fund. The subscription is a separate number.
how the money gets in	round-ups and depositsspare change from your purchases, invested each time it reaches $5, alongside recurring and lump sum deposits. Per its disclosure statement of 1 August 2025	depositsan investment whenever you like, or an investment plan on a schedule you set. Per its Universe Portfolio disclosure statement of 9 October 2026	deposits$100 or more at a time, as a lump sum or on a schedule you set.
the monthly fee	$2.50, $5.50 or $6.50on its Lite, Regular and Plus plans. Lite is for balances up to $1,500. Nil from $26,000 on Regular and from $28,000 on Plus, where a percentage applies instead. Its Sapphire and Property portfolios pay $5.50 and the percentage. Per its disclosure statement of 1 August 2025	$3one fee across all five portfolios. Nil while every portfolio stays under $100. Per its Universe Portfolio disclosure statement of 9 October 2026	$10 a monthflat. $120 a year, whatever your balance.
the percentage fee	0.275% p.a.from $26,000 on Regular and from $28,000 on Plus, in place of the monthly fee. Nil below that on its standard portfolios and Emerald. Per its disclosure statement of 1 August 2025	0.15% to 0.50% p.a.a management fee on each portfolio, at every balance. 0.50% on Universe and on Earth. Per its Voyager page and Universe and Earth disclosure statements of 9 October and 18 August 2026	noneinaam charges no percentage of your balance. The subscription is its fee, and the fund’s own costs are on the next line.
other costs	0.163% to 0.571% p.a.estimated, by portfolio: what the ETFs inside each one charge, taken through the unit price. 0.434% on Emerald. A netting spread, estimated at 0.038% p.a., covers trading. No performance fee. Per its disclosure statement of 1 August 2025	none listedtransaction costs, performance fees and the buy-sell spread are all nil. Per its Universe and Earth disclosure statements of 9 October and 18 August 2026	0.1% spread, each waywhen money goes in and when it comes out. The fund bears its own brokerage and transaction costs as it trades: the PDS’s example estimates $100 a year on a $50,000 balance. A performance fee applies only once the fund has passed $10 million. All of it is on the fee calculator.
portfolios to choose from	3, 8, or 8 and your ownon Lite, Regular and Plus. Plus adds a portfolio you build from ETFs, ASX-listed shares, Bitcoin and its property fund. Per its fees page	5Universe, Earth, Origin, Galaxy and Explorer. Hold one or all five. Per its Voyager page	1 fund, 5 themesone registered fund. You customise the five impact themes your money is aimed at.
what a portfolio holds	ETFsits standard portfolios and Emerald hold exchange traded funds quoted on the ASX. Sapphire adds Bitcoin, and Property adds its property fund. Per its disclosure statement of 1 August 2025	shares, or shares with bonds and cashUniverse and Earth hold companies its team picks. Origin holds 200 of the largest global and Australian companies, by rule. Galaxy and Explorer mix shares with bonds and cash. Per its Voyager page	listed companiespicked against three published pillars. 23 of them today, each named in the app.
an ethical or impact option	Emeraldits socially responsible portfolio, one of the eight on Regular. Per its website	Earthpicks companies expected to have a positive impact on people and the planet, and screens out fossil fuels, weapons, tobacco, alcohol and gambling. Per its Earth portfolio page	the whole fundevery company is picked for impact, against the same three pillars.
every company you own, by name	partly. the funds in your portfolio	partly. portfolio holdings published	yes. in the app, any time. 23 of them today.
who issues it	Instreet Investment Limitedresponsible entity of the Raiz Invest Australia Fund, ARSN 607 533 022. Per its disclosure statement of 1 August 2025	Spaceship Capital LimitedAFSL 501605, issuer of the Spaceship Voyager portfolios. Per its Voyager page	Primary Securities LtdAFSL 224107, responsible entity of the inaam Impact Investments Fund, ARSN 691 614 132. More on trust and licensing.

Read on 12 October 2026. Raiz: its fees page, its website and the Raiz Invest Australia Fund disclosure statement of 1 August 2025. Spaceship: its Voyager page, its Earth portfolio page and its Universe and Earth disclosure statements of 9 October and 18 August 2026. Product terms change, and each provider’s current product disclosure statement is the authority on its own product. inaam is not affiliated with either provider, and nothing on this page is a recommendation about anyone else’s product. Returns are left off this page. The full side by side carries them, with the period each one covers.

in plain words

where the two differ

how the money gets in

Raiz links to your cards, rounds each purchase up and invests the spare change once it reaches $5. It takes recurring and lump sum deposits too. At Spaceship you invest whenever you like or set up an investment plan, and a plan starts at $5.

what the money buys

A Raiz portfolio is a preset mix of ETFs: three to choose from on Lite and eight on Regular. Its Plus plan adds a portfolio you build yourself. A Spaceship portfolio holds company shares: three of the five are 85% to 100% shares, and Galaxy and Explorer mix shares with bonds and cash.

how the fee moves as you grow

At Raiz the monthly fee is flat until $26,000 on Regular or $28,000 on Plus, then it stops and 0.275% a year takes its place. The ETFs inside charge their own fee throughout, estimated at 0.163% to 0.571% a year. At Spaceship the $3 a month starts once any portfolio reaches $100, and the management fee of 0.15% to 0.50% a year applies at every balance.

the ethical option

Each has one. Raiz has Emerald, its socially responsible portfolio. Spaceship has Earth, which picks companies expected to have a positive impact on people and the planet and screens out fossil fuels, weapons, tobacco, alcohol and gambling.

before you pick

who each one suits

gold coins, the spare change a round-up app invests

micro-investing app

who raiz suits

Raiz suits someone who wants spare change invested without thinking about it. A round-up app does that better than we do.

growth investing app

who spaceship suits

Spaceship suits someone who wants long-run growth from a ready-made portfolio and wants to start with any amount.

the third column

where inaam sits

inaam is an impact investing app built on one registered fund. You customise five impact themes, the fund picks companies against three published pillars, and every company it holds is named in the app. The subscription is $10 a month whatever your balance, and the minimum to invest in the fund is $100.

inaam suits someone who wants the picking done for them, wants to read what they own, wants to say which themes the money is aimed at, and is investing for three to seven years. The fund’s target market determination says it has not been designed for anyone who needs access to their capital at short notice, or who is risk-averse and not in a position to tolerate a capital loss.

inaam vs raiz inaam vs spaceship the full side by side

raiz vs spaceship, quick answers.

is raiz or spaceship cheaper?

It depends on your balance and the portfolio you pick. Raiz charges a monthly fee by plan: $2.50 on Lite, $5.50 on Regular and $6.50 on Plus. From $26,000 on Regular or $28,000 on Plus that fee is replaced by 0.275% a year. The ETFs inside a Raiz portfolio charge their own fee as well, estimated at 0.163% to 0.571% a year. Spaceship charges $3 a month once any portfolio reaches $100, plus a management fee of 0.15% to 0.50% a year on each portfolio. A flat fee is a larger share of a small balance, and a percentage costs more in dollars as a balance grows. Work out the yearly total at your own balance from each provider’s current product disclosure statement.

what is the minimum for raiz and for spaceship?

Raiz’s product disclosure statement sets a minimum investment of $5. Spaceship Voyager has no minimum investment, and an investment plan there starts at $5.

what do raiz and spaceship invest in?

Raiz’s standard portfolios and its Emerald portfolio hold exchange traded funds quoted on the ASX. Its Sapphire portfolio adds Bitcoin, its Property portfolio adds its own property fund, and its Plus plan lets you build a mix that can include ASX-listed shares. Spaceship’s Universe and Earth portfolios hold companies its team picks, Origin holds 200 of the largest global and Australian companies by rule, and Galaxy and Explorer mix shares with bonds and cash.

do raiz and spaceship have an ethical portfolio?

Each has one. Raiz calls Emerald its socially responsible portfolio. Spaceship’s Earth portfolio picks companies expected to have a positive impact on people and the planet, and it screens out companies in fossil fuels, weapons, tobacco, alcohol and gambling.

can i use raiz and spaceship at the same time?

Yes. They are separate products from separate providers, and holding one does not affect the other. Each charges its own fees, so two accounts means two sets of fees. Whether either suits you depends on your own circumstances.

where does inaam fit beside raiz and spaceship?

inaam is a different kind of product. It is one registered fund, picked against three published pillars across five impact themes that you customise, and every company it holds is named in the app. The subscription is $10 a month whatever your balance, and the minimum into the fund is $100. The full side by side puts all three in one table.

where to next

keep comparing

the full side by side inaam vs raiz inaam vs spaceship inaam vs australian ethical inaam vs betashares ethi the fee calculator how inaam picks companies trust and licensing

General information only. It does not take your objectives or circumstances into account. Consider the PDS and TMD, and we recommend independent advice, before investing.

read the method before you pick.

The screen, the holdings and the costs are all published. Read them, ask anyone else the same questions, then decide.

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the only asterisk* of investing with inaam is a better planet.

The fund lives in the app. Download it, read it over a coffee, customise your themes.

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General information only. Consider the PDS and TMD before investing.