Compare AU

Compare FLOT vs. ALTB

Compare shares and ETFs on the ASX that you can trade on Pearler.

VanEck Australian Floating Rate 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 FLOT and ALTB. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.

Community Stats

FLOT

ALTB

Popularity

Low

N/A

Pearlers invested

5

0

Median incremental investment

$2,169.28

$0

Median investment frequency

Weekly

N/A

Median total investment

$12,509.84

$0

Average age group

> 35

N/A


Key Summary

FLOT

ALTB

Strategy

FLOT.AX was created on 2017-07-05 by VanEck. The fund's investment portfolio concentrates primarily on investment grade fixed income. 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.

ALTB.AX was created on 2024-06-07 by iShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. The Fund aims to provide investors with the performance of an index, before fees and expenses. The index is designed to measure the performance of bonds issued by the Australian Commonwealth Government and Australian Semi-Governments that have a remaining maturity of fifteen years or more.

Top 3 holdings

VanEck Australian Floating Rate ETF (100 %)

AUSTRALIA (COMMONWEALTH OF) RegS (21.16 %)

AUSTRALIA (COMMONWEALTH OF) RegS (19.76 %)

AUSTRALIA (COMMONWEALTH OF) RegS (19.59 %)

Top 3 industries

Top 3 countries

Management fee

0.22 %

0.15 %


Key Summary

FLOT

ALTB

Issuer

VanEck

iShares

Tracking index

Bloomberg AusBond Credit FRN 0+ Yr Index - AUD

Bloomberg AusBond Government 0-15 Year Index - AUD - Benchmark TR Gross

Asset class

ETF

ETF

Management fee

0.22 %

0.15 %

Price

$24.92

$100.84

Size

$742.639 million

$38.053 million

10Y return

N/A

N/A

Annual dividend/ distribution yield (5Y)

2.55 %

0.17 %

Market

ASX

ASX

First listed date

07/07/2017

12/06/2024

Purchase fee

$6.50

$6.50


Community Stats

FLOT

ALTB

Popularity

Low

N/A

Pearlers invested

5

0

Median incremental investment

$2,169.28

$0

Median investment frequency

Weekly

N/A

Median total investment

$12,509.84

$0

Average age group

> 35

N/A


Pros and Cons

FLOT

ALTB

Pros

  • Higher distribution yield

  • Lower management fee

  • Higher price growth

Cons

  • Higher management fee

  • Lower price growth

  • Lower distribution yield

FLOT

ALTB

Higher management fee

Lower management fee

Lower price growth

Higher price growth

Higher distribution yield

Lower distribution yield

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