Compare AU
Compare BANK vs. IHOO
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 IHOO. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
BANK | IHOO | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 15 | 12 |
Median incremental investment | $998.75 | $1,020.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $1,007.00 | $7,422.05 |
Average age group | > 35 | > 35 |
Key Summary
BANK | IHOO | |
|---|---|---|
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. | IHOO.AX was created on 2014-12-15 by iShares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 478.19m in AUM and 104 holdings. The fund aims to provide investors with the performance of the S&P Global 100 Hedged AUD Index, before fees and expenses. The index is designed to measure the AUD hedged performance of 100 multi-national, blue chip companies of major importance in global equity markets |
Top 3 holdings | Global X Australian Bank Credit ETF (100 %) | APPLE INC (12.53 %) NVIDIA CORP (11.90 %) MICROSOFT CORP (10.90 %) |
Top 3 industries | Information Technology (41.20 %) Health Care (10.04 %) Consumer Discretionary (9.13 %) | |
Top 3 countries | United States (81.06 %) United Kingdom of Great Britain and Northern Ireland (4.32 %) Switzerland (3.26 %) | |
Management fee | 0.25 % | 0.43 % |
Key Summary
BANK | IHOO | |
|---|---|---|
Issuer | Global X | iShares |
Tracking index | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross | S&P Global 100 Hedged to AUD Index - AUD |
Asset class | ETF | ETF |
Management fee | 0.25 % | 0.43 % |
Price | $10.07 | $187.34 |
Size | $34.263 million | $486.061 million |
10Y return | N/A | N/A |
Annual dividend/ distribution yield (5Y) | 0.32 % | 5.07 % |
Market | ASX | ASX |
First listed date | 23/07/2024 | 18/12/2014 |
Purchase fee | $6.50 | $6.50 |
Community Stats
BANK | IHOO | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 15 | 12 |
Median incremental investment | $998.75 | $1,020.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $1,007.00 | $7,422.05 |
Average age group | > 35 | > 35 |
Pros and Cons
BANK | IHOO | |
|---|---|---|
Pros |
|
|
Cons |
|
|
BANK | IHOO |
|---|---|
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 |