Compare AU

Compare BANK vs. IHOO

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 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

$1,015.02

Median investment frequency

Monthly

Fortnightly

Median total investment

$1,009.00

$7,685.04

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 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

$10.09

$187.44

Size

$37.163 million

$496.387 million

10Y return

N/A

95.15 %

Annual dividend/β€Šdistribution 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

$1,015.02

Median investment frequency

Monthly

Fortnightly

Median total investment

$1,009.00

$7,685.04

Average age group

> 35

> 35


Pros and Cons

BANK

IHOO

Pros

  • Lower management fee

  • Higher exposure to AU market

  • Higher exposure to US market

  • Higher price growth

  • Higher distribution yield

Cons

  • Lower exposure to AU market

  • Lower exposure to US market

  • Lower price growth

  • Lower distribution yield

  • Higher management fee

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

Home