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Compare BANK vs. VHY
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 Vanguard Australian Shares High Yield ETF (VHY). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
BANK | VHY | |
|---|---|---|
Popularity | Low | Medium |
Pearlers invested | 12 | 3,019 |
Median incremental investment | $997.75 | $1,000.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,286.56 | $2,475.00 |
Average age group | > 35 | > 35 |
Key Summary
BANK | VHY | |
|---|---|---|
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. | VHY.AX was created on 2011-05-23 by Vanguard. The fund's investment portfolio concentrates primarily on high dividend yield equity. Vanguard Australian Shares High Yield ETF seeks to track the return of the FTSE Australia High Dividend Yield Index before taking into account fees, expenses and tax. |
Top 3 holdings | National Australia Bank Ltd Hybrid Security (2.70 %) National Australia Bank Ltd Hybrid Securiy (2.34 %) Commonwealth Bank of Australia 4.91973% (2.11 %) | BHP Group Ltd. (10.26 %) Commonwealth Bank of Australia (9.79 %) National Australia Bank Ltd. (6.83 %) |
Top 3 industries | Financials (40.37 %) Materials (23.34 %) Energy (10.73 %) | |
Top 3 countries | Australia (100.00 %) | |
Management fee | 0.25 % | 0.25 % |
Key Summary
BANK | VHY | |
|---|---|---|
Issuer | Global X | Vanguard |
Tracking index | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross | FTSE Australia High Dividend Yield Index - AUD |
Asset class | ETF | ETF |
Management fee | 0.25 % | 0.25 % |
Price | $9.92 | $82.50 |
Size | $184.513 million | $6.983 billion |
10Y return | N/A | 52.86 % |
Annual distribution yield (5Y) | 3.46 % | 5.83 % |
Market | ASX | ASX |
First listed date | 23/07/2024 | 26/05/2011 |
Purchase fee | $6.50 | $6.50 |
Community Stats
BANK | VHY | |
|---|---|---|
Popularity | Low | Medium |
Pearlers invested | 12 | 3,019 |
Median incremental investment | $997.75 | $1,000.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,286.56 | $2,475.00 |
Average age group | > 35 | > 35 |
Pros and Cons
BANK | VHY | |
|---|---|---|
Pros |
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Cons |
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BANK | VHY |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |