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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, 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 Platinum Asia Fund Complex ETF (PAXX). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
FLOT | PAXX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 9 | 4 |
Median incremental investment | $2,083.03 | $1,629.60 |
Median investment frequency | Monthly | Monthly |
Median total investment | $5,118.85 | $4,727.48 |
Average age group | 26 - 35 | > 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 ETF currently has 1204.5m in AUM and 232 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. | 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 | Westpac Banking Corp. (1.89 %) VanEck Cash Plus Active ETF (1.66 %) National Australia Bank Ltd. (1.61 %) | Taiwan Semiconductor Manufacturing Co Ltd (12.02 %) Samsung Electronics Co Ltd Participating Preferred (11.38 %) SK Hynix Inc (9.49 %) |
Top 3 industries | Information Technology (42.52 %) Other (17.86 %) Industrials (13.04 %) | |
Top 3 countries | China (47.26 %) Korea (20.41 %) Taiwan (10.75 %) | |
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 | $24.96 | $5.82 |
Size | $1.217 billion | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.85 % | 6.12 % |
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 | 9 | 4 |
Median incremental investment | $2,083.03 | $1,629.60 |
Median investment frequency | Monthly | Monthly |
Median total investment | $5,118.85 | $4,727.48 |
Average age group | 26 - 35 | > 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 |