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Compare BANK vs. MHOT
Compare shares and ETFs on the ASX that you can trade on Pearler.
Overview
When it comes to investing in the Australian stock market, Exchange-Traded Funds (ETFs) are a popular choice. Two well-known options in the Australian Securities Exchange (ASX) are the Global X Australian Bank Credit ETF (BANK) and the VanEck Morningstar Wide Moat (Aud Hedged) ETF (MHOT). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
BANK | MHOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 12 | 3 |
Median incremental investment | $1,000.00 | $2,553.00 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,172.83 | $11,422.32 |
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 | National Australia Bank Ltd Hybrid Securiy (2.39 %) National Australia Bank Ltd Hybrid Security (2.36 %) Commonwealth Bank of Australia 4.85911% (2.14 %) | Huntington Ingalls Industries Inc (3.32 %) The Estee Lauder Companies Inc Class A (2.88 %) United Parcel Service Inc Class B (2.81 %) |
Top 3 industries | Other (79.68 %) Industrials (6.90 %) Information Technology (6.82 %) | |
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 | $9.99 | $146.44 |
Size | $170.323 million | $31.322 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 3.30 % | 4.61 % |
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 | 12 | 3 |
Median incremental investment | $1,000.00 | $2,553.00 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,172.83 | $11,422.32 |
Average age group | > 35 | > 35 |
Pros and Cons
BANK | MHOT | |
|---|---|---|
Pros |
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Cons |
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BANK | MHOT |
|---|---|
Lower exposure to US market | Higher exposure to US market |
Lower management fee | Higher management fee |
Lower distribution yield | Higher distribution yield |