Compare AU

Compare BANK vs. MQIO

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 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

$1,009.00

$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

$10.09

$10.54

Size

$37.163 million

N/A

10Y return

N/A

N/A

Annual dividend yield (5Y)

0.32 %

0.58 %

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

$1,009.00

$0

Average age group

> 35

N/A


Pros and Cons

BANK

MQIO

Pros

  • Lower management fee

  • Higher distribution yield

Cons

  • Lower distribution yield

  • Higher management fee

BANK

MQIO

Lower management fee

Higher management fee

Lower distribution yield

Higher distribution yield

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