Compare AU

Compare BANK vs. GXLD

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

Community Stats

BANK

GXLD

Popularity

Low

Low

Pearlers invested

15

6

Median incremental investment

$998.75

$993.50

Median investment frequency

Monthly

Quarterly

Median total investment

$1,009.00

$1,091.48

Average age group

> 35

26 - 35


Key Summary

BANK

GXLD

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.

GXLD.AX was created on 2024-04-29 by Global X. The fund's investment portfolio concentrates primarily on gold commodities. The Global X Gold Bullion ETF (GXLD.AX) seeks to provide a return that tracks the performance of the price of gold bullion in Australian dollars

Top 3 holdings

Global X Australian Bank Credit ETF (100 %)

Global X Gold Bullion ETF (100 %)

Top 3 industries

Top 3 countries

Management fee

0.25 %

0.15 %


Key Summary

BANK

GXLD

Issuer

Global X

Global X

Tracking index

Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross

Solactive Gold Spot London Close Index - AUD - Benchmark TR Net

Asset class

ETF

ETF

Management fee

0.25 %

0.15 %

Price

$10.09

$41.98

Size

$37.163 million

$166.411 million

10Y return

N/A

N/A

Annual dividend yield (5Y)

0.32 %

- %

Market

ASX

ASX

First listed date

23/07/2024

30/04/2024

Purchase fee

$6.50

$6.50


Community Stats

BANK

GXLD

Popularity

Low

Low

Pearlers invested

15

6

Median incremental investment

$998.75

$993.50

Median investment frequency

Monthly

Quarterly

Median total investment

$1,009.00

$1,091.48

Average age group

> 35

26 - 35


Pros and Cons

BANK

GXLD

Pros

  • Higher distribution yield

  • Lower management fee

Cons

  • Higher management fee

  • Lower distribution yield

BANK

GXLD

Higher management fee

Lower management fee

Higher distribution yield

Lower distribution yield

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