What Is Spaceship Voyager?
Spaceship Voyager is an Australian investment app launched in 2017, designed to make investing accessible to everyday Australians — particularly younger people who might be put off by the complexity of traditional brokerage platforms.
The platform offers three investment portfolios: Spaceship Universe (a global diversified portfolio focused on tech-heavy companies), Spaceship Earth (an ethical/ESG-focused portfolio), and Spaceship Origin (a simple index portfolio tracking Australian and global markets).
Spaceship is regulated by ASIC and holds an Australian Financial Services Licence. Your money is invested in registered managed investment schemes — it's a legitimate, regulated investment product.
Spaceship Fees: What You Actually Pay
As of 2025, Spaceship charges no management fee on balances under $5,000, then 0.10% per year for the Origin portfolio and 0.20% per year for Universe and Earth portfolios on balances above $5,000. There are no transaction fees for deposits or withdrawals. The minimum investment is $1.
Spaceship Portfolio Performance
The Universe portfolio, with its significant weighting to US technology companies, has delivered strong returns during technology bull markets but experienced significant drawdowns during tech selloffs (such as 2022). Always benchmark Spaceship's performance against equivalent index ETFs like VGS with similar global exposure.
Spaceship App Experience
The Spaceship app is genuinely excellent from a user experience perspective. Key features include automatic round-up investing, automatic recurring investments, clear portfolio performance visualisation, and simple account management.
Spaceship vs Raiz: Which Is Better?
Raiz charges a flat $3.50/month for balances under $20,000 and 0.275% per annum above that. For small balances, Spaceship is significantly cheaper. For larger balances above $20,000, Raiz's percentage fee may actually be competitive. Spaceship is generally better for very small balances and those wanting tech-oriented exposure.
Our Verdict on Spaceship Voyager
Spaceship Voyager is a legitimate, ASIC-regulated investment app that genuinely does what it promises: makes investing accessible, simple, and low-cost for everyday Australians. The zero fee on balances under $5,000 is genuinely compelling. The main consideration is the Universe portfolio's concentration in technology stocks, which brings higher volatility risk.
Rating: 4/5 — Excellent for beginners, particularly with small starting amounts.