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Compare 29BB vs. BANK
Compare shares and ETFs on the ASX that you can trade on Pearler.
Overview
When it comes to investing in the Australian stock market, Exchange-Traded Funds (ETFs) are a popular choice. Two well-known options in the Australian Securities Exchange (ASX) are the Betashares 2029 Fixed Term Corp Bond Active ETF (29BB) and the Global X Australian Bank Credit ETF (BANK). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
29BB | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 15 |
Median incremental investment | $10,000.00 | $993.50 |
Median investment frequency | Weekly | Monthly |
Median total investment | $25,752.95 | $2,946.79 |
Average age group | > 35 | > 35 |
Key Summary
29BB | BANK | |
|---|---|---|
Strategy | 29BB.AX was created on 2025-04-30 by BetaShares. The fund's investment portfolio concentrates primarily on broad credit fixed income. The Fund aims to provide investors with access to a diversified portfolio of fixed-rate, investment grade, Australian dollar denominated corporate bonds with maturity dates occurring between May 2028 and May 2029, inclusive | BANK.AX was created on 2024-07-22 by Global X. The fund's investment portfolio concentrates primarily on investment grade fixed income. The investment objective of the Fund is to provide investors a return (before fees and expenses) that tracks the performance of the Solactive Australian Bank Credit Index, a published index, by holding a portfolio of Bonds and Hybrid Securities that may comprise all or a representation of the securities comprising the Index. |
Top 3 holdings | BANCO SANTANDER SA 5.796% JAN-29 (2.96 %) NSW ELECTRICITY NETWORKS 2.732% APR-29 (2.75 %) NESTLE CAPITAL CORP 4.6% APR-29 (2.46 %) | National Australia Bank Ltd Hybrid Security (3.22 %) National Australia Bank Ltd Hybrid Securiy (2.75 %) Westpac Banking Corp Cap Note 3-bbsw+3.10% Perp Non-cum Red T-09-31 (2.45 %) |
Top 3 industries | ||
Top 3 countries | ||
Management fee | 0 % | 0.25 % |
Key Summary
29BB | BANK | |
|---|---|---|
Issuer | BetaShares | Global X |
Tracking index | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross | |
Asset class | ETF | ETF |
Management fee | 0 % | 0.25 % |
Price | $24.55 | $9.79 |
Size | N/A | $187.397 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.54 % | 3.58 % |
Market | ASX | ASX |
First listed date | 01/05/2025 | 23/07/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
29BB | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 15 |
Median incremental investment | $10,000.00 | $993.50 |
Median investment frequency | Weekly | Monthly |
Median total investment | $25,752.95 | $2,946.79 |
Average age group | > 35 | > 35 |
Pros and Cons
29BB | BANK | |
|---|---|---|
Pros |
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Cons |
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29BB | BANK |
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Lower management fee | Higher management fee |
Lower distribution yield | Higher distribution yield |