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Compare AQLT 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 Australian Quality ETF (AQLT) 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
AQLT | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 127 | 16 |
Median incremental investment | $1,535.72 | $924.25 |
Median investment frequency | Monthly | Monthly |
Median total investment | $6,116.43 | $2,961.00 |
Average age group | > 35 | > 35 |
Key Summary
AQLT | BANK | |
|---|---|---|
Strategy | AQLT.AX was created on 2022-04-04 by BetaShares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 1320.12m in AUM and 40 holdings. AQLT.AX aims to track an index (before fees and expenses) that comprises 40 high quality companies, selected based on three quality metrics high return on equity, low leverage and relative earnings stability. | 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 | SPI 200 FUTURES SEP26 (0 %) WESFARMERS LTD (7.08 %) CSL LTD (6.44 %) | National Australia Bank Ltd Hybrid Security (3.23 %) National Australia Bank Ltd Hybrid Securiy (2.77 %) Westpac Banking Corp Cap Note 3-bbsw+3.10% Perp Non-cum Red T-09-31 (2.46 %) |
Top 3 industries | Financials (36.51 %) Consumer Discretionary (13.82 %) Materials (13.48 %) | |
Top 3 countries | Australia (93.77 %) United States (5.06 %) New Zealand (1.17 %) | |
Management fee | 0.35 % | 0.25 % |
Key Summary
AQLT | BANK | |
|---|---|---|
Issuer | BetaShares | Global X |
Tracking index | Solactive Australia 200 Index - AUD | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross |
Asset class | ETF | ETF |
Management fee | 0.35 % | 0.25 % |
Price | $34.04 | $9.87 |
Size | $1.327 billion | $186.018 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 3.20 % | 3.47 % |
Market | ASX | ASX |
First listed date | 05/04/2022 | 23/07/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
AQLT | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 127 | 16 |
Median incremental investment | $1,535.72 | $924.25 |
Median investment frequency | Monthly | Monthly |
Median total investment | $6,116.43 | $2,961.00 |
Average age group | > 35 | > 35 |
Pros and Cons
AQLT | BANK | |
|---|---|---|
Pros |
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Cons |
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AQLT | BANK |
|---|---|
Higher exposure to AU market | Lower exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Higher management fee | Lower management fee |
Lower distribution yield | Higher distribution yield |