Compare AU
Compare BANK vs. MVB
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 and ETFs are a popular choice. Two options in the ASX are BANK and MVB. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
BANK | MVB | |
---|---|---|
Popularity | Low | Low |
Pearlers invested | 15 | 101 |
Median incremental investment | $998.75 | $710.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,007.00 | $1,820.31 |
Average age group | > 35 | > 35 |
Key Summary
BANK | MVB | |
---|---|---|
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. | MVB.AX was created on 2013-10-14 by VanEck. The fund's investment portfolio concentrates primarily on financials equity. MVB.AX gives investors exposure to a diversified portfolio of ASX-listed securities with the aim to provide investment returns before fees and other costs which track the performance of the Index. |
Top 3 holdings | Global X Australian Bank Credit ETF (100 %) | Commonwealth Bank of Australia (21.40 %) Westpac Banking Corp (19.94 %) National Australia Bank Ltd (19.54 %) |
Top 3 industries | Financials (99.87 %) Other (0.13 %) | |
Top 3 countries | Australia (100.00 %) | |
Management fee | 0.25 % | 0.28 % |
Key Summary
BANK | MVB | |
---|---|---|
Issuer | Global X | VanEck |
Tracking index | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross | MVIS Australia Banks Index - AUD |
Asset class | ETF | ETF |
Management fee | 0.25 % | 0.28 % |
Price | $10.07 | $38.73 |
Size | $34.263 million | $232.561 million |
10Y return | N/A | 53.14 % |
Annual dividend/βdistribution yield (5Y) | 0.32 % | 6.55 % |
Market | ASX | ASX |
First listed date | 23/07/2024 | 16/10/2013 |
Purchase fee | $6.50 | $6.50 |
Community Stats
BANK | MVB | |
---|---|---|
Popularity | Low | Low |
Pearlers invested | 15 | 101 |
Median incremental investment | $998.75 | $710.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,007.00 | $1,820.31 |
Average age group | > 35 | > 35 |
Pros and Cons
BANK | MVB | |
---|---|---|
Pros |
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Cons |
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BANK | MVB |
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Lower exposure to AU market | Higher exposure to AU market |
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |