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Compare FLOT vs. CRED
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 Betashares Australian Investment Grade Corporate Bond ETF (CRED). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
FLOT | CRED | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 8 | 37 |
Median incremental investment | $2,114.18 | $2,530.00 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $1,486.31 | $4,377.24 |
Average age group | > 35 | > 35 |
Key Summary
FLOT | CRED | |
|---|---|---|
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 940.57m in AUM and 229 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. | CRED.AX was created on 2018-05-31 by BetaShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 1626.37m in AUM and 57 holdings. CRED.AX aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of senior, fixed-rate, investment grade Australian corporate bonds. |
Top 3 holdings | Westpac Banking Corp. (2.41 %) National Australia Bank Ltd. (2.06 %) ANZ Group Holdings Ltd. (1.93 %) | EMIRATES NBD BANK PJSC 5.913% JUN-35 (2.81 %) ELECTRICITE DE FRANCE SA 5.636% AUG-35 (2.36 %) STOCKLAND TRUST 5.346% OCT-35 (2.29 %) |
Top 3 industries | Other (99.06 %) Communication Services (0.94 %) | |
Top 3 countries | ||
Management fee | 0.22 % | 0.25 % |
Key Summary
FLOT | CRED | |
|---|---|---|
Issuer | VanEck | BetaShares |
Tracking index | Bloomberg AusBond Credit FRN 0+ Yr Index - AUD | Solactive Australian Investment Grade Corporate Bond Select Index - AUD |
Asset class | ETF | ETF |
Management fee | 0.22 % | 0.25 % |
Price | $25.01 | $23.15 |
Size | $946.567 million | $1.636 billion |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.59 % | 3.79 % |
Market | ASX | ASX |
First listed date | 07/07/2017 | 04/06/2018 |
Purchase fee | $6.50 | $6.50 |
Community Stats
FLOT | CRED | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 8 | 37 |
Median incremental investment | $2,114.18 | $2,530.00 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $1,486.31 | $4,377.24 |
Average age group | > 35 | > 35 |
Pros and Cons
FLOT | CRED | |
|---|---|---|
Pros |
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Cons |
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FLOT | CRED |
|---|---|
Lower management fee | Higher management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |