Compare AU
Compare AAA vs. FLOT
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 Australian High Interest Cash ETF (AAA) and the VanEck Australian Floating Rate ETF (FLOT). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
AAA | FLOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 162 | 5 |
Median incremental investment | $5,043.50 | $2,124.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $1,930.39 | $14,834.44 |
Average age group | > 35 | > 35 |
Key Summary
AAA | FLOT | |
|---|---|---|
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). | FLOT.AX was created on 2017-07-05 by VanEck. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 763.56m in AUM and 204 holdings. The VanEck Australian Floating Rate ETF invests in a diversified portfolio of Australian dollar denominated floating rate bonds with the aim of providing investment returns (before management costs) that closely track the returns of the Bloomberg AusBond Credit FRN 0+ Yr Index. |
Top 3 holdings | AUD - AUSTRALIA DOLLAR (100.00 %) | Commonwealth Bank of Australia (2.16 %) National Australia Bank Ltd. (2.11 %) National Australia Bank Ltd. (2.10 %) |
Top 3 industries | Communication Services (100.00 %) | |
Top 3 countries | ||
Management fee | 0.18 % | 0.22 % |
Key Summary
AAA | FLOT | |
|---|---|---|
Issuer | BetaShares | VanEck |
Tracking index | Bloomberg AusBond Credit FRN 0+ Yr Index - AUD | |
Asset class | ETF | ETF |
Management fee | 0.18 % | 0.22 % |
Price | $50.16 | $24.88 |
Size | $4.304 billion | $756.334 million |
10Y return | 0.06 % | N/A |
Annual distribution yield (5Y) | 2.40 % | 2.90 % |
Market | ASX | ASX |
First listed date | 07/03/2012 | 07/07/2017 |
Purchase fee | $6.50 | $6.50 |
Community Stats
AAA | FLOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 162 | 5 |
Median incremental investment | $5,043.50 | $2,124.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $1,930.39 | $14,834.44 |
Average age group | > 35 | > 35 |
Pros and Cons
AAA | FLOT | |
|---|---|---|
Pros |
|
|
Cons |
|
|
AAA | FLOT |
|---|---|
Lower management fee | Higher management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |