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Compare FLOT vs. EIGA
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 EIGA. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
FLOT | EIGA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 8 | 57 |
Median incremental investment | $2,114.18 | $540.54 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,485.72 | $1,188.00 |
Average age group | > 35 | > 35 |
Key Summary
FLOT | EIGA | |
|---|---|---|
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 874.45m in AUM and 215 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. | EIGA.AX was created on 2018-05-07 by Perennial. The fund's investment portfolio concentrates primarily on total market equity. The objective of the Fund is to provide investors with an attractive level of tax effective income, paid via monthly distributions. The Fund aims to provide a gross yield, adjusted for applicable franking credits, above that provided by the S&P/ASX 300 Franking Credit Adjusted Daily Total Return Index (Tax-Exempt). |
Top 3 holdings | VanEck Australian Floating Rate ETF (100 %) | BHP Group Ltd (10.70 %) Commonwealth Bank of Australia (9.53 %) Rio Tinto Ltd (4.89 %) |
Top 3 industries | Financials (26.84 %) Materials (26.80 %) Consumer Discretionary (16.70 %) | |
Top 3 countries | Australia (97.92 %) United States (2.08 %) | |
Management fee | 0.22 % | 0.8 % |
Key Summary
FLOT | EIGA | |
|---|---|---|
Issuer | VanEck | Perennial |
Tracking index | Bloomberg AusBond Credit FRN 0+ Yr Index - AUD | S&P/ASX 300 Franking Credit Adjusted Daily Total Return Index - AUD - Benchmark TR Net |
Asset class | ETF | ETF |
Management fee | 0.22 % | 0.8 % |
Price | $25.00 | $3.56 |
Size | $893.250 million | N/A |
10Y return | N/A | N/A |
Annual dividend/ distribution yield (5Y) | 2.50 % | 5.54 % |
Market | ASX | ASX |
First listed date | 07/07/2017 | 07/05/2018 |
Purchase fee | $6.50 | $6.50 |
Community Stats
FLOT | EIGA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 8 | 57 |
Median incremental investment | $2,114.18 | $540.54 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,485.72 | $1,188.00 |
Average age group | > 35 | > 35 |
Pros and Cons
FLOT | EIGA | |
|---|---|---|
Pros |
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Cons |
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FLOT | EIGA |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Lower exposure to US market | Higher exposure to US market |
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |