Compare AU

Compare FLOT vs. PAXX

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

Community Stats

FLOT

PAXX

Popularity

Low

Low

Pearlers invested

5

2

Median incremental investment

$2,169.28

$1,783.07

Median investment frequency

Weekly

Monthly

Median total investment

$12,514.86

$6,765.32

Average age group

> 35

26 - 35


Key Summary

FLOT

PAXX

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.

PAXX.AX was created on 2017-08-17 by Platinum. The fund's investment portfolio concentrates primarily on multi-strategy alternatives. The Fund aims to provide capital growth over the long-term by providing exposure to undervalued listed investments in the Asian region excluding Japan.

Top 3 holdings

VanEck Australian Floating Rate ETF (100 %)

Taiwan Semiconductor Manufacturing Co Ltd (9.40 %)

Samsung Electronics Co Ltd (6.67 %)

SK Hynix Inc (6.17 %)

Top 3 industries

Information Technology (45.98 %)

Other (31.27 %)

Communication Services (9.03 %)

Top 3 countries

China (46.18 %)

Korea (17.74 %)

Taiwan (10.79 %)

Management fee

0.22 %

1.26 %


Key Summary

FLOT

PAXX

Issuer

VanEck

Platinum

Tracking index

Bloomberg AusBond Credit FRN 0+ Yr Index - AUD

Asset class

ETF

ETF

Management fee

0.22 %

1.26 %

Price

$24.93

$4.89

Size

$742.639 million

N/A

10Y return

N/A

N/A

Annual dividend/โ€Šdistribution yield (5Y)

2.64 %

5.11 %

Market

ASX

ASX

First listed date

07/07/2017

14/09/2017

Purchase fee

$6.50

$6.50


Community Stats

FLOT

PAXX

Popularity

Low

Low

Pearlers invested

5

2

Median incremental investment

$2,169.28

$1,783.07

Median investment frequency

Weekly

Monthly

Median total investment

$12,514.86

$6,765.32

Average age group

> 35

26 - 35


Pros and Cons

FLOT

PAXX

Pros

  • Lower management fee

  • Higher price growth

  • Higher distribution yield

Cons

  • Lower price growth

  • Lower distribution yield

  • Higher management fee

FLOT

PAXX

Lower management fee

Higher management fee

Lower price growth

Higher price growth

Lower distribution yield

Higher distribution yield

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