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Compare BANK vs. 5GOV

Compare shares and ETFs on the ASX that you can trade on Pearler.

Global X Australian Bank Credit ETF

ASX

Buy

Buy

Overview
Performance

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 Global X Australian Bank Credit ETF (BANK) and the VanEck 5-10 Year Australian Government Bond ETF (5GOV). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.

Community Stats

BANK

5GOV

Popularity

Low

Low

Pearlers invested

12

1

Median incremental investment

$997.75

$250.00

Median investment frequency

Monthly

Fortnightly

Median total investment

$2,288.87

$1,875.24

Average age group

> 35

> 35

Key Summary

BANK

5GOV

Strategy

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.

5GOV.AX was created on 2023-09-26 by VanEck. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 91.5m in AUM and 57 holdings. Fund aims to provide an investment return before fees and other costs which tracks the performance of S&P/ASX Government Bond 5-10 Year Index in Australian dollars.

Top 3 holdings

National Australia Bank Ltd Hybrid Security (2.98 %)

National Australia Bank Ltd Hybrid Securiy (2.59 %)

Commonwealth Bank of Australia 4.88771% (2.33 %)

Australia (Commonwealth of) (6.35 %)

Australia (Commonwealth of) (5.90 %)

Australia (Commonwealth of) (5.72 %)

Top 3 industries

Top 3 countries

Management fee

0.25 %

0.22 %

Key Summary

BANK

5GOV

Issuer

Global X

VanEck

Tracking index

Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross

S&P/ASX Government Bond 5-10 Year Index - AUD - Benchmark TR Gross

Asset class

ETF

ETF

Management fee

0.25 %

0.22 %

Price

$9.93

$51.15

Size

$185.535 million

$94.279 million

10Y return

N/A

N/A

Annual distribution yield (5Y)

3.46 %

1.86 %

Market

ASX

ASX

First listed date

23/07/2024

27/09/2023

Purchase fee

$6.50

$6.50

Community Stats

BANK

5GOV

Popularity

Low

Low

Pearlers invested

12

1

Median incremental investment

$997.75

$250.00

Median investment frequency

Monthly

Fortnightly

Median total investment

$2,288.87

$1,875.24

Average age group

> 35

> 35

Pros and Cons

BANK

5GOV

Pros

  • Higher distribution yield

  • Lower management fee

Cons

  • Higher management fee

  • Lower distribution yield

BANK

5GOV

Higher management fee

Lower management fee

Higher distribution yield

Lower distribution yield