Compare AU
Compare FLOT vs. T3MP
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 T3MP. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
FLOT | T3MP | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 5 | 1 |
Median incremental investment | $2,128.22 | $567.50 |
Median investment frequency | Fortnightly | Fortnightly |
Median total investment | $13,581.40 | $567.00 |
Average age group | > 35 | < 26 |
Key Summary
FLOT | T3MP | |
|---|---|---|
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. | T3MP.AX was created on 2022-11-28 by JPMorgan. The fund's investment portfolio concentrates primarily on total market equity. The investment objective of the Fund is to achieve a return through investing in equity securities of companies with exposure to the theme of climate change solutions. |
Top 3 holdings | VanEck Australian Floating Rate ETF (100 %) | Trane Technologies PLC Class A (4.75 %) Quanta Services Inc (4.49 %) Hitachi Ltd (4.43 %) |
Top 3 industries | Industrials (72.70 %) Utilities (27.30 %) Consumer Discretionary (9.68 %) | |
Top 3 countries | ||
Management fee | 0.22 % | 0.55 % |
Key Summary
FLOT | T3MP | |
|---|---|---|
Issuer | VanEck | JPMorgan |
Tracking index | Bloomberg AusBond Credit FRN 0+ Yr Index - AUD | MSCI All Country World Index - Benchmark TR Net |
Asset class | ETF | ETF |
Management fee | 0.22 % | 0.55 % |
Price | $24.92 | $63.00 |
Size | $759.762 million | N/A |
10Y return | N/A | N/A |
Annual dividend/ distribution yield (5Y) | 2.69 % | 0.34 % |
Market | ASX | ASX |
First listed date | 07/07/2017 | 08/12/2022 |
Purchase fee | $6.50 | $6.50 |
Community Stats
FLOT | T3MP | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 5 | 1 |
Median incremental investment | $2,128.22 | $567.50 |
Median investment frequency | Fortnightly | Fortnightly |
Median total investment | $13,581.40 | $567.00 |
Average age group | > 35 | < 26 |
Pros and Cons
FLOT | T3MP | |
|---|---|---|
Pros |
|
|
Cons |
|
|
FLOT | T3MP |
|---|---|
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Higher distribution yield | Lower distribution yield |