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Compare CNEW vs. FLOT
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 CNEW and FLOT. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
CNEW | FLOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 59 | 8 |
Median incremental investment | $800.22 | $2,114.18 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,996.44 | $1,482.74 |
Average age group | > 35 | > 35 |
Key Summary
CNEW | FLOT | |
|---|---|---|
Strategy | CNEW.AX was created on 2018-11-08 by VanEck. The fund's investment portfolio concentrates primarily on total market equity. CNEW.AX gives investors a portfolio of the most fundamentally sound companies in China having the best growth prospects in sectors making up the New Economy, namely technology, health care, consumer staples and consumer discretionary. CNEW.AX aims to provide investment returns, before fees and other costs, which track the performance of the Index. | FLOT.AX was created on 2017-07-05 by VanEck. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 896.84m in AUM and 227 holdings. The VanEck Australian Floating Rate ETF invests in a diversified portfolio of Australian dollar denominated floating rate bonds with the aim of providing investment returns (before management costs) that closely track the returns of the Bloomberg AusBond Credit FRN 0+ Yr Index. |
Top 3 holdings | Eoptolink Technology Inc Ltd Class A (2.96 %) Zhejiang Taotao Vehicles Co Ltd Ordinary Shares - Class A (2.10 %) Victory Giant Technology (HuiZhou)Co Ltd Class A (2.09 %) | VanEck Australian Floating Rate ETF (100 %) |
Top 3 industries | Information Technology (33.78 %) Health Care (27.01 %) Consumer Discretionary (20.43 %) | |
Top 3 countries | China (100.00 %) | |
Management fee | 0.95 % | 0.22 % |
Key Summary
CNEW | FLOT | |
|---|---|---|
Issuer | VanEck | VanEck |
Tracking index | CSI MarketGrader China New Economy Index - CNY | Bloomberg AusBond Credit FRN 0+ Yr Index - AUD |
Asset class | ETF | ETF |
Management fee | 0.95 % | 0.22 % |
Price | $7.84 | $24.94 |
Size | $84.442 million | $920.554 million |
10Y return | N/A | N/A |
Annual distribution/ dividend yield (5Y) | 1.45 % | 2.52 % |
Market | ASX | ASX |
First listed date | 09/11/2018 | 07/07/2017 |
Purchase fee | $6.50 | $6.50 |
Community Stats
CNEW | FLOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 59 | 8 |
Median incremental investment | $800.22 | $2,114.18 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,996.44 | $1,482.74 |
Average age group | > 35 | > 35 |
Pros and Cons
CNEW | FLOT | |
|---|---|---|
Pros |
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Cons |
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CNEW | FLOT |
|---|---|
Higher management fee | Lower management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |