Compare AU
Compare BANK vs. MQIO
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 are a popular choice. Two options in the ASX are BANK and MQIO. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
BANK | MQIO | |
|---|---|---|
Popularity | Low | N/A |
Pearlers invested | 15 | 0 |
Median incremental investment | $998.75 | $0 |
Median investment frequency | Monthly | N/A |
Median total investment | $1,005.00 | $0 |
Average age group | > 35 | N/A |
Key Summary
BANK | MQIO | |
|---|---|---|
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. | MQIO.AX was created on 2023-11-22 by Macquarie. The fund's investment portfolio concentrates primarily on broad credit fixed income. The Fund aims to outperform the Bloomberg AusBond Bank Bill Index over the medium term (before fees). |
Top 3 holdings | Global X Australian Bank Credit ETF (100 %) | Macquarie Income Opp Active ETF (Managed Fund) (100 %) |
Top 3 industries | ||
Top 3 countries | ||
Management fee | 0.25 % | 0.492 % |
Key Summary
BANK | MQIO | |
|---|---|---|
Issuer | Global X | Macquarie |
Tracking index | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross | |
Asset class | ETF | ETF |
Management fee | 0.25 % | 0.492 % |
Price | $10.05 | $10.54 |
Size | $34.263 million | N/A |
10Y return | N/A | N/A |
Annual dividend yield (5Y) | 0.32 % | 0.53 % |
Market | ASX | ASX |
First listed date | 23/07/2024 | 21/11/2023 |
Purchase fee | $6.50 | $6.50 |
Community Stats
BANK | MQIO | |
|---|---|---|
Popularity | Low | N/A |
Pearlers invested | 15 | 0 |
Median incremental investment | $998.75 | $0 |
Median investment frequency | Monthly | N/A |
Median total investment | $1,005.00 | $0 |
Average age group | > 35 | N/A |
Pros and Cons
BANK | MQIO | |
|---|---|---|
Pros |
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Cons |
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BANK | MQIO |
|---|---|
Lower management fee | Higher management fee |
Lower distribution yield | Higher distribution yield |