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Compare AU

Compare FLOT vs. HJHI

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

VanEck Australian Floating Rate ETF

ASX

Buy

Buy

Hejaz High Income Active ETF

ASX

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

Community Stats

FLOT

HJHI

Popularity

Low

Low

Pearlers invested

8

6

Median incremental investment

$2,114.18

$501.50

Median investment frequency

Monthly

Monthly

Median total investment

$1,485.72

$3,777.20

Average age group

> 35

26 - 35

Key Summary

FLOT

HJHI

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 953.46m in AUM and 230 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.

HJHI.AX was created on 2024-05-02 by Hejaz . The fund's investment portfolio concentrates primarily on total market equity. To achieve a (total) return at least equal to movements in the Benchmark over a rolling 5 to 7-year timeframe through exposure to a diversified portfolio of Shariah Compliant listed companies with a proven history of significant dividends and a market capitalisation exceeding $2 billion.

Top 3 holdings

VanEck Australian Floating Rate ETF (100 %)

Moncler SpA (8.96 %)

Okuma Corp (8.85 %)

Merck & Co Inc (8.00 %)

Top 3 industries

Consumer Discretionary (43.19 %)

Industrials (20.54 %)

Materials (17.71 %)

Top 3 countries

United States (20.93 %)

China (15.00 %)

Canada (13.08 %)

Management fee

0.22 %

1.1 %

Key Summary

FLOT

HJHI

Issuer

VanEck

Hejaz

Tracking index

Bloomberg AusBond Credit FRN 0+ Yr Index - AUD

Asset class

ETF

ETF

Management fee

0.22 %

1.1 %

Price

$24.97

$1.12

Size

$962.250 million

N/A

10Y return

N/A

N/A

Annual dividend/ distribution yield (5Y)

2.61 %

1.85 %

Market

ASX

ASX

First listed date

07/07/2017

29/04/2024

Purchase fee

$6.50

$6.50

Community Stats

FLOT

HJHI

Popularity

Low

Low

Pearlers invested

8

6

Median incremental investment

$2,114.18

$501.50

Median investment frequency

Monthly

Monthly

Median total investment

$1,485.72

$3,777.20

Average age group

> 35

26 - 35

Pros and Cons

FLOT

HJHI

Pros

  • Lower management fee

  • Higher distribution yield

  • Higher exposure to AU market

  • Higher exposure to US market

  • Higher price growth

Cons

  • Lower exposure to AU market

  • Lower exposure to US market

  • Lower price growth

  • Higher management fee

  • Lower distribution yield

FLOT

HJHI

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

Higher distribution yield

Lower distribution yield