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Compare BANK vs. FUEL
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 Global X Australian Bank Credit ETF (BANK) and the Betashares Global Energy Comp Currency Hedged ETF (FUEL). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
BANK | FUEL | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 12 | 142 |
Median incremental investment | $994.50 | $1,026.82 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,258.65 | $1,260.54 |
Average age group | > 35 | > 35 |
Key Summary
BANK | FUEL | |
|---|---|---|
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. | FUEL.AX was created on 2016-06-16 by BetaShares. The fund's investment portfolio concentrates primarily on energy equity. The fund aims to track the performance of an index (before fees and expenses) that comprises the largest global energy companies (ex-Australia), hedged into Australian dollars. |
Top 3 holdings | National Australia Bank Ltd Hybrid Security (3.29 %) National Australia Bank Ltd Hybrid Securiy (2.81 %) Westpac Banking Corp. 5.03219% (2.45 %) | AUD - AUSTRALIA DOLLAR (0 %) BRL - BRAZILIAN REAL (0 %) CAD - CANADA DOLLAR (0 %) |
Top 3 industries | Other (80.63 %) Communication Services (33.88 %) Energy (18.47 %) | |
Top 3 countries | United States (50.76 %) Canada (17.56 %) United Kingdom of Great Britain and Northern Ireland (11.99 %) | |
Management fee | 0.25 % | 0.57 % |
Key Summary
BANK | FUEL | |
|---|---|---|
Issuer | Global X | BetaShares |
Tracking index | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross | Nasdaq Global ex-Australia Energy Hedged AUD Index - AUD |
Asset class | ETF | ETF |
Management fee | 0.25 % | 0.57 % |
Price | $9.95 | $8.46 |
Size | $187.085 million | $270.501 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 3.29 % | 3.03 % |
Market | ASX | ASX |
First listed date | 23/07/2024 | 20/06/2016 |
Purchase fee | $6.50 | $6.50 |
Community Stats
BANK | FUEL | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 12 | 142 |
Median incremental investment | $994.50 | $1,026.82 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,258.65 | $1,260.54 |
Average age group | > 35 | > 35 |
Pros and Cons
BANK | FUEL | |
|---|---|---|
Pros |
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Cons |
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BANK | FUEL |
|---|---|
Lower exposure to US market | Higher exposure to US market |
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Higher distribution yield | Lower distribution yield |