Compare AU
Compare FLOT vs. GRNV
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 MSCI Australian Sustainable Equity ETF (GRNV). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
FLOT | GRNV | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 5 | 597 |
Median incremental investment | $2,126.36 | $673.55 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $14,671.99 | $1,458.45 |
Average age group | > 35 | 26 - 35 |
Key Summary
FLOT | GRNV | |
|---|---|---|
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. | GRNV.AX was created on 2016-04-27 by VanEck. The fund's investment portfolio concentrates primarily on total market equity. GRNV.AX gives investors access to a diversified portfolio of sustainable Australian companies selected on the basis of in-depth analysis by world leading research agency MSCI ESG Research. GRNV.AX aims to provide investment returns, before fees and other costs, which track the performance of the Index. |
Top 3 holdings | Westpac Banking Corp. (2.53 %) National Australia Bank Ltd. (2.52 %) Westpac Banking Corp. (2.20 %) | Transurban Group (5.35 %) Goodman Group (5.16 %) Telstra Group Ltd (5.03 %) |
Top 3 industries | Financials (29.53 %) Industrials (20.76 %) Communication Services (12.08 %) | |
Top 3 countries | Australia (94.04 %) New Zealand (3.05 %) United States (2.91 %) | |
Management fee | 0.22 % | 0.35 % |
Key Summary
FLOT | GRNV | |
|---|---|---|
Issuer | VanEck | VanEck |
Tracking index | Bloomberg AusBond Credit FRN 0+ Yr Index - AUD | MSCI Australia IMI Select SRI Screened Index - AUD |
Asset class | ETF | ETF |
Management fee | 0.22 % | 0.35 % |
Price | $24.91 | $32.49 |
Size | $759.762 million | $175.267 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.65 % | 4.29 % |
Market | ASX | ASX |
First listed date | 07/07/2017 | 02/05/2016 |
Purchase fee | $6.50 | $6.50 |
Community Stats
FLOT | GRNV | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 5 | 597 |
Median incremental investment | $2,126.36 | $673.55 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $14,671.99 | $1,458.45 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
FLOT | GRNV | |
|---|---|---|
Pros |
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Cons |
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FLOT | GRNV |
|---|---|
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 |