Compare AU

Compare BANK vs. GGOV

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, shares and ETFs are a popular choice. Two options in the ASX are BANK and GGOV. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.

Community Stats

BANK

GGOV

Popularity

Low

Low

Pearlers invested

15

21

Median incremental investment

$998.75

$1,045.02

Median investment frequency

Monthly

Fortnightly

Median total investment

$1,004.00

$6,146.55

Average age group

> 35

> 35


Key Summary

BANK

GGOV

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.

GGOV.AX was created on 2020-05-07 by BetaShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. GGOV.AX aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of high-quality, long-dated, income-producing bonds issued by some of the largest developed economies in the world, hedged into AUD.

Top 3 holdings

Global X Australian Bank Credit ETF (100 %)

USD - UNITED STATES DOLLAR (0 %)

AUD - AUSTRALIA DOLLAR (0 %)

CAD - CANADA DOLLAR (0 %)

Top 3 industries

Other (66.21 %)

Communication Services (33.79 %)

Top 3 countries

Management fee

0.25 %

0.19 %


Key Summary

BANK

GGOV

Issuer

Global X

BetaShares

Tracking index

Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross

S&P G7 Sovereign Duration-Capped 20+ Year AUD Hedged Bond Index - AUD

Asset class

ETF

ETF

Management fee

0.25 %

0.19 %

Price

$10.04

$14.19

Size

$34.263 million

$254.835 million

10Y return

N/A

N/A

Annual dividend/ distribution yield (5Y)

0.32 %

2.27 %

Market

ASX

ASX

First listed date

23/07/2024

11/05/2020

Purchase fee

$6.50

$6.50


Community Stats

BANK

GGOV

Popularity

Low

Low

Pearlers invested

15

21

Median incremental investment

$998.75

$1,045.02

Median investment frequency

Monthly

Fortnightly

Median total investment

$1,004.00

$6,146.55

Average age group

> 35

> 35


Pros and Cons

BANK

GGOV

Pros

  • Lower management fee

  • Higher distribution yield

Cons

  • Higher management fee

  • Lower distribution yield

BANK

GGOV

Higher management fee

Lower management fee

Lower distribution yield

Higher distribution yield

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