Compare AU

Compare BANK vs. YMAX

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 and ETFs are a popular choice. Two options in the ASX are BANK and YMAX. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.

Community Stats

BANK

YMAX

Popularity

Low

Low

Pearlers invested

15

42

Median incremental investment

$998.75

$1,499.00

Median investment frequency

Monthly

Monthly

Median total investment

$1,004.00

$3,111.16

Average age group

> 35

> 35


Key Summary

BANK

YMAX

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.

YMAX.AX was created on 2012-11-22 by BetaShares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 519.03m in AUM and 19 holdings. YMAX.AX aims to generate attractive quarterly income and reduce the volatility of portfolio returns by implementing an equity income investment strategy over a portfolio of the 20 largest blue-chip shares listed on the ASX. YMAX.AX does not aim to track an index.

Top 3 holdings

Global X Australian Bank Credit ETF (100 %)

ANZ AU 07/18/24 C30 (0 %)

ALL AU 07/18/24 C50 (0 %)

AS51 07/18/24 C7900 (0 %)

Top 3 industries

Financials (41.82 %)

Materials (21.03 %)

Health Care (9.93 %)

Top 3 countries

Management fee

0.25 %

0.76 %


Key Summary

BANK

YMAX

Issuer

Global X

BetaShares

Tracking index

Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross

Asset class

ETF

ETF

Management fee

0.25 %

0.76 %

Price

$10.04

$8.06

Size

$34.263 million

$529.981 million

10Y return

N/A

-26.99 %

Annual dividend/ distribution yield (5Y)

0.32 %

10.30 %

Market

ASX

ASX

First listed date

23/07/2024

26/11/2012

Purchase fee

$6.50

$6.50


Community Stats

BANK

YMAX

Popularity

Low

Low

Pearlers invested

15

42

Median incremental investment

$998.75

$1,499.00

Median investment frequency

Monthly

Monthly

Median total investment

$1,004.00

$3,111.16

Average age group

> 35

> 35


Pros and Cons

BANK

YMAX

Pros

  • Lower management fee

  • Higher price growth

  • Higher distribution yield

Cons

  • Lower distribution yield

  • Higher management fee

  • Lower price growth

BANK

YMAX

Lower management fee

Higher management fee

Higher price growth

Lower price growth

Lower distribution yield

Higher distribution yield

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