Compare AU
Compare FLOT vs. TBIL
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 TBIL. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
FLOT | TBIL | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 5 | 4 |
Median incremental investment | $2,124.50 | $687.74 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $14,816.56 | $853.88 |
Average age group | > 35 | > 35 |
Key Summary
FLOT | TBIL | |
|---|---|---|
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 763.56m in AUM and 204 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. | TBIL.AX was created on 2023-05-16 by VanEck. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 148.5m in AUM and 19 holdings. TBIL.AX invests in a portfolio of US dollar denominated Treasury Bills issued by the US Government with a maturity ranging from 1-3 months with the aim of providing investment returns (before fees and costs) that closely track the returns of the Index |
Top 3 holdings | VanEck Australian Floating Rate ETF (100 %) | United States Treasury Bills (10.14 %) United States Treasury Bills (9.06 %) United States Treasury Bills (8.67 %) |
Top 3 industries | ||
Top 3 countries | ||
Management fee | 0.22 % | 0.22 % |
Key Summary
FLOT | TBIL | |
|---|---|---|
Issuer | VanEck | VanEck |
Tracking index | Bloomberg AusBond Credit FRN 0+ Yr Index - AUD | Bloomberg 1-3 Month U.S. Treasury Bill Index - Benchmark TR Gross |
Asset class | ETF | ETF |
Management fee | 0.22 % | 0.22 % |
Price | $24.86 | $51.75 |
Size | $756.334 million | $146.629 million |
10Y return | N/A | N/A |
Annual dividend/ distribution yield (5Y) | 2.90 % | 1.86 % |
Market | ASX | ASX |
First listed date | 07/07/2017 | 17/05/2023 |
Purchase fee | $6.50 | $6.50 |
Community Stats
FLOT | TBIL | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 5 | 4 |
Median incremental investment | $2,124.50 | $687.74 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $14,816.56 | $853.88 |
Average age group | > 35 | > 35 |
Pros and Cons
FLOT | TBIL | |
|---|---|---|
Pros |
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Cons |
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FLOT | TBIL |
|---|---|
Higher distribution yield | Lower distribution yield |