Back
Compare AU
Compare AAA 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, shares and ETFs are a popular choice. Two options in the ASX are AAA and BANK. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
AAA | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 239 | 12 |
Median incremental investment | $4,061.08 | $997.75 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,757.70 | $2,295.78 |
Average age group | > 35 | > 35 |
Key Summary
AAA | BANK | |
|---|---|---|
Strategy | AAA.AX was created on 2012-03-06 by BetaShares. The fund's investment portfolio concentrates primarily on target outcome asset allocation. The Fund aims to provide exposure to Australian cash, with attractive and regular incomedistributions that exceed the 30 day Bank Bill Swap Rate (after fees and expenses). | 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 | Betashares Australian High Interest Cash ETF (100 %) | National Australia Bank Ltd Hybrid Security (2.65 %) |
Top 3 industries | Communication Services (100.00 %) | |
Top 3 countries | ||
Management fee | 0.18 % | 0.25 % |
Key Summary
AAA | BANK | |
|---|---|---|
Issuer | BetaShares | Global X |
Tracking index | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross | |
Asset class | ETF | ETF |
Management fee | 0.18 % | 0.25 % |
Price | $50.15 | $9.95 |
Size | $4.933 billion | $182.907 million |
10Y return | 0.04 % | N/A |
Annual dividend/ distribution yield (5Y) | 2.21 % | 3.48 % |
Market | ASX | ASX |
First listed date | 07/03/2012 | 23/07/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
AAA | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 239 | 12 |
Median incremental investment | $4,061.08 | $997.75 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,757.70 | $2,295.78 |
Average age group | > 35 | > 35 |
Pros and Cons
AAA | BANK | |
|---|---|---|
Pros |
|
|
Cons |
|
|
AAA | BANK |
|---|---|
Lower management fee | Higher management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |