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Compare BANK vs. AUST
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 BANK and AUST. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
BANK | AUST | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 12 | 1 |
Median incremental investment | $995.50 | $506.85 |
Median investment frequency | Monthly | Monthly |
Median total investment | $990.03 | $1,972.32 |
Average age group | > 35 | < 26 |
Key Summary
BANK | AUST | |
|---|---|---|
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. | AUST.AX was created on 2015-11-09 by BetaShares. The fund's investment portfolio concentrates primarily on large cap equity. The investment objective of the Fund is: to provide exposure to a broadly diversified portfolio of Australian shares, generally consisting of approximately 200 of the largest equity securities on the ASX, weighted by their market capitalisation, and • to reduce the volatility of the Fund’s equity investment returns and cushion downside risk |
Top 3 holdings | Global X Australian Bank Credit ETF (100 %) | SPI 200 FUTURES JUN25 (0 %) COMMONWEALTH BANK OF AUSTRALIA (11.37 %) BHP GROUP LTD (7.18 %) |
Top 3 industries | Financials (33.18 %) Materials (16.74 %) Health Care (7.99 %) | |
Top 3 countries | Australia (94.91 %) United States (3.06 %) New Zealand (1.56 %) | |
Management fee | 0.25 % | 0.49 % |
Key Summary
BANK | AUST | |
|---|---|---|
Issuer | Global X | BetaShares |
Tracking index | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross | S&P/ASX 200 Index - AUD |
Asset class | ETF | ETF |
Management fee | 0.25 % | 0.49 % |
Price | $9.95 | $17.61 |
Size | $84.870 million | $32.784 million |
10Y return | N/A | N/A |
Annual dividend/ distribution yield (5Y) | 1.10 % | 4.83 % |
Market | ASX | ASX |
First listed date | 23/07/2024 | 10/11/2015 |
Purchase fee | $6.50 | $6.50 |
Community Stats
BANK | AUST | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 12 | 1 |
Median incremental investment | $995.50 | $506.85 |
Median investment frequency | Monthly | Monthly |
Median total investment | $990.03 | $1,972.32 |
Average age group | > 35 | < 26 |
Pros and Cons
BANK | AUST | |
|---|---|---|
Pros |
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Cons |
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BANK | AUST |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Lower exposure to US market | Higher exposure to US market |
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |