Compare AU
Compare BANK vs. IYLD
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 IYLD. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
BANK | IYLD | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 15 | 2 |
Median incremental investment | $998.75 | $199.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,006.00 | $1,599.36 |
Average age group | > 35 | 26 - 35 |
Key Summary
BANK | IYLD | |
|---|---|---|
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. | IYLD.AX was created on 2020-05-27 by iShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. The Fund aims to provide investors with the performance of an index, before fees and expenses. The index is designed to measure the performance of the Australian corporate bond market (excluding issuers ANZ, CBA, NAB and WBC). |
Top 3 holdings | Global X Australian Bank Credit ETF (100 %) | NEWCASTLE GREATER MUTUAL GROUP LTD MTN RegS (1.63 %) LIBERTY FINANCIAL PTY LTD MTN RegS (1.62 %) CIP FUNDING PTY LTD MTN RegS (1.49 %) |
Top 3 industries | Other (98.64 %) Financials (1.30 %) Consumer Discretionary (1.10 %) | |
Top 3 countries | ||
Management fee | 0.25 % | 0.12 % |
Key Summary
BANK | IYLD | |
|---|---|---|
Issuer | Global X | iShares |
Tracking index | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross | Bloomberg AusBond Credit and FRN Ex Big 4 Banks Index - AUD |
Asset class | ETF | ETF |
Management fee | 0.25 % | 0.12 % |
Price | $10.06 | $99.96 |
Size | $34.263 million | $50.956 million |
10Y return | N/A | N/A |
Annual dividend/ distribution yield (5Y) | 0.32 % | 2.36 % |
Market | ASX | ASX |
First listed date | 23/07/2024 | 28/05/2020 |
Purchase fee | $6.50 | $6.50 |
Community Stats
BANK | IYLD | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 15 | 2 |
Median incremental investment | $998.75 | $199.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,006.00 | $1,599.36 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
BANK | IYLD | |
|---|---|---|
Pros |
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Cons |
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BANK | IYLD |
|---|---|
Higher management fee | Lower management fee |
Lower distribution yield | Higher distribution yield |