Compare AU
Compare FLOT vs. CNEW
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 FLOT and CNEW. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
FLOT | CNEW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 5 | 50 |
Median incremental investment | $2,128.22 | $703.09 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $13,570.50 | $1,861.86 |
Average age group | > 35 | > 35 |
Key Summary
FLOT | CNEW | |
|---|---|---|
Strategy | 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 750.5m in AUM and 194 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. | 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. |
Top 3 holdings | VanEck Australian Floating Rate ETF (100 %) | Flaircomm Microelectronics Inc Ordinary Shares - Class A (1.22 %) Delton Technology (Guangzhou) Inc Ordinary Shares - Class A (1.00 %) Gambol Pet Group Co Ltd Class A (0.97 %) |
Top 3 industries | Consumer Staples (38.01 %) Other (36.77 %) Information Technology (33.76 %) | |
Top 3 countries | China (100.00 %) | |
Management fee | 0.22 % | 0.95 % |
Key Summary
FLOT | CNEW | |
|---|---|---|
Issuer | VanEck | VanEck |
Tracking index | Bloomberg AusBond Credit FRN 0+ Yr Index - AUD | CSI MarketGrader China New Economy Index - CNY |
Asset class | ETF | ETF |
Management fee | 0.22 % | 0.95 % |
Price | $24.97 | $6.80 |
Size | $765.196 million | $112.130 million |
10Y return | N/A | N/A |
Annual dividend/ distribution yield (5Y) | 2.69 % | 1.53 % |
Market | ASX | ASX |
First listed date | 07/07/2017 | 09/11/2018 |
Purchase fee | $6.50 | $6.50 |
Community Stats
FLOT | CNEW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 5 | 50 |
Median incremental investment | $2,128.22 | $703.09 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $13,570.50 | $1,861.86 |
Average age group | > 35 | > 35 |
Pros and Cons
FLOT | CNEW | |
|---|---|---|
Pros |
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Cons |
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FLOT | CNEW |
|---|---|
Lower management fee | Higher management fee |
Higher price growth | Lower price growth |
Higher distribution yield | Lower distribution yield |