Compare AU
Compare FLOT vs. PAXX
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 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/ distribution 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 |
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Cons |
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FLOT | PAXX |
|---|---|
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |