Compare AU

Compare FLOT vs. GRNV

Compare shares and ETFs on the ASX that you can trade on Pearler.

VanEck Australian Floating Rate ETF

ASX

Buy

Buy

Overview
Performance

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 GRNV. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.

Community Stats

FLOT

GRNV

Popularity

Low

Low

Pearlers invested

5

581

Median incremental investment

$2,169.28

$671.05

Median investment frequency

Weekly

Monthly

Median total investment

$12,514.86

$1,427.80

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 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

VanEck Australian Floating Rate ETF (100 %)

Westpac Banking Corp (5.04 %)

Goodman Group (5.01 %)

Telstra Group Ltd (4.99 %)

Top 3 industries

Financials (29.07 %)

Industrials (20.16 %)

Real Estate (12.06 %)

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

$24.93

$32.23

Size

$742.639 million

$188.473 million

10Y return

N/A

N/A

Annual dividend/β€Šdistribution yield (5Y)

2.64 %

4.15 %

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

581

Median incremental investment

$2,169.28

$671.05

Median investment frequency

Weekly

Monthly

Median total investment

$12,514.86

$1,427.80

Average age group

> 35

26 - 35


Pros and Cons

FLOT

GRNV

Pros

  • Lower management fee

  • Higher exposure to AU market

  • Higher exposure to US market

  • Higher price growth

  • Higher distribution yield

Cons

  • Lower exposure to AU market

  • Lower exposure to US market

  • Lower price growth

  • Lower distribution yield

  • Higher management fee

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

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