Compare AU

Compare BANK vs. GMTL

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 GMTL. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.

Community Stats

BANK

GMTL

Popularity

Low

Low

Pearlers invested

15

3

Median incremental investment

$998.75

$993.50

Median investment frequency

Monthly

Monthly

Median total investment

$1,004.00

$642.40

Average age group

> 35

> 35


Key Summary

BANK

GMTL

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.

GMTL.AX was created on 2022-10-26 by Global X. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 3.15m in AUM and 42 holdings. The Fund aims to provide investors with a return that (before fees and expenses) tracks the performance of the BITA Global Green Energy Metals Index

Top 3 holdings

Global X Australian Bank Credit ETF (100 %)

Albemarle Corp (7.08 %)

Alcoa Corp (6.67 %)

First Quantum Minerals Ltd (5.16 %)

Top 3 industries

Materials (100.00 %)

Other (14.87 %)

Industrials (9.13 %)

Top 3 countries

China (31.28 %)

Canada (18.48 %)

United States (17.30 %)

Management fee

0.25 %

0.69 %


Key Summary

BANK

GMTL

Issuer

Global X

Global X

Tracking index

Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross

BITA Global Green Energy Metals Index - AUD - Benchmark TR Net

Asset class

ETF

ETF

Management fee

0.25 %

0.69 %

Price

$10.07

$7.99

Size

$34.263 million

$3.235 million

10Y return

N/A

N/A

Annual dividend/ distribution yield (5Y)

0.32 %

0.44 %

Market

ASX

ASX

First listed date

23/07/2024

25/10/2022

Purchase fee

$6.50

$6.50


Community Stats

BANK

GMTL

Popularity

Low

Low

Pearlers invested

15

3

Median incremental investment

$998.75

$993.50

Median investment frequency

Monthly

Monthly

Median total investment

$1,004.00

$642.40

Average age group

> 35

> 35


Pros and Cons

BANK

GMTL

Pros

  • Lower management fee

  • Higher exposure to AU market

  • Higher exposure to US market

  • Higher distribution yield

Cons

  • Lower exposure to AU market

  • Lower exposure to US market

  • Lower distribution yield

  • Higher management fee

BANK

GMTL

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 distribution yield

Higher distribution yield

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