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Compare ALFA 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 VanEck Australian Long Short Complex ETF (ALFA) 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
ALFA | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 17 | 16 |
Median incremental investment | $993.50 | $924.25 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $2,038.96 | $2,964.00 |
Average age group | > 35 | > 35 |
Key Summary
ALFA | BANK | |
|---|---|---|
Strategy | ALFA.AX was created on 2025-01-21 by VanEck. The fund's investment portfolio concentrates primarily on long/short alternatives. The Fund aims to outperform the S&P/ASX 200 Accumulation Index (Benchmark) over the medium to long term after fees and other costs. There is no guarantee that this objective will be achieved. | BANK.AX was created on 2024-07-22 by Global X. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 187.58m in AUM and 139 holdings. 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 | Woodside Energy Group Ltd (7.19 %) Telstra Group Ltd (5.98 %) Transurban Group (4.99 %) | National Australia Bank Ltd Hybrid Security (3.24 %) National Australia Bank Ltd Hybrid Securiy (2.76 %) Westpac Banking Corp Cap Note 3-bbsw+3.10% Perp Non-cum Red T-09-31 (2.45 %) |
Top 3 industries | ||
Top 3 countries | Australia (100.00 %) | |
Management fee | 0.39 % | 0.25 % |
Key Summary
ALFA | BANK | |
|---|---|---|
Issuer | VanEck | Global X |
Tracking index | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross | |
Asset class | ETF | ETF |
Management fee | 0.39 % | 0.25 % |
Price | $22.91 | $9.87 |
Size | $36.538 million | $189.666 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 0.70 % | 3.50 % |
Market | ASX | ASX |
First listed date | 22/01/2025 | 23/07/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
ALFA | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 17 | 16 |
Median incremental investment | $993.50 | $924.25 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $2,038.96 | $2,964.00 |
Average age group | > 35 | > 35 |
Pros and Cons
ALFA | BANK | |
|---|---|---|
Pros |
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Cons |
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ALFA | BANK |
|---|---|
Higher exposure to AU market | Lower exposure to AU market |
Higher management fee | Lower management fee |
Lower distribution yield | Higher distribution yield |