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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, 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 L1 Capital International (Unhedged) Active ETF (L1IF). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
FLOT | L1IF | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 10 | 3 |
Median incremental investment | $2,083.03 | $7,866.82 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $5,735.21 | $4,934.91 |
Average age group | 26 - 35 | 26 - 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 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. (1.92 %) VanEck Cash Plus Active ETF (1.68 %) National Australia Bank Ltd. (1.64 %) | Microsoft Corp (9.07 %) AerCap Holdings NV (8.99 %) Amazon.com Inc (7.81 %) |
Top 3 industries | Financials (33.97 %) Consumer Discretionary (19.83 %) Health Care (13.03 %) | |
Top 3 countries | United States (90.45 %) France (3.54 %) Spain (2.79 %) | |
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 | $24.99 | $6.15 |
Size | $1.190 billion | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.80 % | 2.46 % |
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 | 10 | 3 |
Median incremental investment | $2,083.03 | $7,866.82 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $5,735.21 | $4,934.91 |
Average age group | 26 - 35 | 26 - 35 |
Pros and Cons
FLOT | L1IF | |
|---|---|---|
Pros |
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Cons |
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FLOT | L1IF |
|---|---|
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 |