Compare AU
Compare FLOT vs. L1IF
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 L1IF. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
FLOT | L1IF | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 5 | 1 |
Median incremental investment | $2,126.36 | $30,000.00 |
Median investment frequency | Fortnightly | Daily |
Median total investment | $14,671.99 | $33,321.33 |
Average age group | > 35 | > 35 |
Key Summary
FLOT | L1IF | |
|---|---|---|
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. | L1IF.AX was created on 2023-11-22 by L1 Capital. The fund's investment portfolio concentrates primarily on total market equity. The objective of the Fund is to outperform the Benchmark net of fees and expenses over rolling 5 year periods. |
Top 3 holdings | Westpac Banking Corp. (2.53 %) National Australia Bank Ltd. (2.52 %) Westpac Banking Corp. (2.20 %) | L1 Capital International Fund (Managed Fund) (100 %) |
Top 3 industries | ||
Top 3 countries | ||
Management fee | 0.22 % | 1.2 % |
Key Summary
FLOT | L1IF | |
|---|---|---|
Issuer | VanEck | L1 Capital |
Tracking index | Bloomberg AusBond Credit FRN 0+ Yr Index - AUD | |
Asset class | ETF | ETF |
Management fee | 0.22 % | 1.2 % |
Price | $24.91 | $6.73 |
Size | $759.762 million | N/A |
10Y return | N/A | N/A |
Annual distribution/ dividend yield (5Y) | 2.65 % | 0.18 % |
Market | ASX | ASX |
First listed date | 07/07/2017 | 21/11/2023 |
Purchase fee | $6.50 | $6.50 |
Community Stats
FLOT | L1IF | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 5 | 1 |
Median incremental investment | $2,126.36 | $30,000.00 |
Median investment frequency | Fortnightly | Daily |
Median total investment | $14,671.99 | $33,321.33 |
Average age group | > 35 | > 35 |
Pros and Cons
FLOT | L1IF | |
|---|---|---|
Pros |
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Cons |
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FLOT | L1IF |
|---|---|
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Higher distribution yield | Lower distribution yield |