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Compare FANG vs. BANK
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 Fang+ ETF (FANG) and the Global X Australian Bank Credit ETF (BANK). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
FANG | BANK | |
|---|---|---|
Popularity | Medium | Low |
Pearlers invested | 1,895 | 14 |
Median incremental investment | $993.50 | $993.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $3,221.68 | $2,265.46 |
Average age group | > 35 | > 35 |
Key Summary
FANG | BANK | |
|---|---|---|
Strategy | The Global X FANG+ ETF (FANG) seeks to track the performance of the NYSE FANG+ยฎ Index before fees, expenses, and taxes. | 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. |
Top 3 holdings | Micron Technology Inc (18.51 %) Broadcom Inc (10.48 %) Apple Inc (10.15 %) | National Australia Bank Ltd Hybrid Security (3.22 %) National Australia Bank Ltd Hybrid Securiy (2.78 %) Westpac Banking Corp Cap Note 3-bbsw+3.10% Perp Non-cum Red T-09-31 (2.41 %) |
Top 3 industries | Information Technology (59.88 %) Communication Services (30.22 %) Consumer Discretionary (9.90 %) | |
Top 3 countries | United States (100.00 %) | |
Management fee | 0.35 % | 0.25 % |
Key Summary
FANG | BANK | |
|---|---|---|
Issuer | ETFS | Global X |
Tracking index | NYSE FANG+ Index | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross |
Asset class | ETF | ETF |
Management fee | 0.35 % | 0.25 % |
Price | $36.61 | $9.98 |
Size | $1.628 billion | $188.359 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 7.29 % | 3.42 % |
Market | ASX | ASX |
First listed date | 02/03/2020 | 23/07/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
FANG | BANK | |
|---|---|---|
Popularity | Medium | Low |
Pearlers invested | 1,895 | 14 |
Median incremental investment | $993.50 | $993.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $3,221.68 | $2,265.46 |
Average age group | > 35 | > 35 |
Pros and Cons
FANG | BANK | |
|---|---|---|
Pros |
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Cons |
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FANG | BANK |
|---|---|
Higher exposure to US market | Lower exposure to US market |
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Higher distribution yield | Lower distribution yield |