Compare AU

Compare BANK vs. MHOT

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 MHOT. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.

Community Stats

BANK

MHOT

Popularity

Low

Low

Pearlers invested

15

2

Median incremental investment

$998.75

$1,963.25

Median investment frequency

Monthly

Fortnightly

Median total investment

$1,009.00

$2,066.85

Average age group

> 35

> 35


Key Summary

BANK

MHOT

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.

MHOT.AX was created on 2023-11-07 by VanEck. The fund's investment portfolio concentrates primarily on total market equity. MHOT.AX gives investors exposure to a diversified portfolio of attractively priced US companies with sustainable competitive advantages according to Morningstars equity research team. MHOT.AX aims to provide investment returns before fees and other costs which track the performance of the Index with returns hedged into Australian dollars.

Top 3 holdings

Global X Australian Bank Credit ETF (100 %)

Bristol-Myers Squibb Co (2.94 %)

The Walt Disney Co (2.93 %)

Alphabet Inc Class A (2.87 %)

Top 3 industries

Other (79.66 %)

Health Care (6.74 %)

Information Technology (4.90 %)

Top 3 countries

United States (98.74 %)

Netherlands (1.26 %)

Management fee

0.25 %

0.52 %


Key Summary

BANK

MHOT

Issuer

Global X

VanEck

Tracking index

Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross

Morningstar Wide Moat Focus Index - AUD - Benchmark TR Net Hedged

Asset class

ETF

ETF

Management fee

0.25 %

0.52 %

Price

$10.09

$137.79

Size

$37.163 million

$58.011 million

10Y return

N/A

N/A

Annual dividend/โ€Šdistribution yield (5Y)

0.32 %

0.11 %

Market

ASX

ASX

First listed date

23/07/2024

08/11/2023

Purchase fee

$6.50

$6.50


Community Stats

BANK

MHOT

Popularity

Low

Low

Pearlers invested

15

2

Median incremental investment

$998.75

$1,963.25

Median investment frequency

Monthly

Fortnightly

Median total investment

$1,009.00

$2,066.85

Average age group

> 35

> 35


Pros and Cons

BANK

MHOT

Pros

  • Lower management fee

  • Higher distribution yield

  • Higher exposure to US market

Cons

  • Lower exposure to US market

  • Higher management fee

  • Lower distribution yield

BANK

MHOT

Lower exposure to US market

Higher exposure to US market

Lower management fee

Higher management fee

Higher distribution yield

Lower distribution yield

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