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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, Exchange-Traded Funds (ETFs) are a popular choice. Two well-known options in the Australian Securities Exchange (ASX) are the VanEck Australian Floating Rate ETF (FLOT) and the VanEck China New Economy ETF (CNEW). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
FLOT | CNEW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 8 | 62 |
Median incremental investment | $2,114.18 | $802.72 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,488.10 | $1,932.00 |
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 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 | Westpac Banking Corp. (2.29 %) VanEck Cash Plus Active ETF (2.01 %) National Australia Bank Ltd. (1.96 %) | Beijing Caishikou Department Store Co Ltd Class A (1.30 %) Suzhou TFC Optical Communications Co Ltd Class A (1.23 %) Xuzhou Handler Special Vehicle Co Ltd Class A (1.19 %) |
Top 3 industries | Information Technology (33.78 %) Health Care (27.01 %) Consumer Discretionary (20.43 %) | |
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 | $25.01 | $8.05 |
Size | $995.019 million | $86.243 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.64 % | 1.45 % |
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 | 8 | 62 |
Median incremental investment | $2,114.18 | $802.72 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,488.10 | $1,932.00 |
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 |