Compare AU

Compare BANK vs. IYLD

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 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

  • Lower management fee

  • Higher distribution yield

Cons

  • Higher management fee

  • Lower distribution yield

BANK

IYLD

Higher management fee

Lower management fee

Lower distribution yield

Higher distribution yield

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