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Compare AU

Compare FLOT vs. USIG

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 are a popular choice. Two options in the ASX are FLOT and USIG. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.

Community Stats

FLOT

USIG

Popularity

Low

Low

Pearlers invested

8

2

Median incremental investment

$2,114.18

$662.00

Median investment frequency

Monthly

Weekly

Median total investment

$1,485.72

$27,741.47

Average age group

> 35

> 35

Key Summary

FLOT

USIG

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 940.57m in AUM and 229 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.

N/A

Top 3 holdings

VanEck Australian Floating Rate ETF (100 %)

Global X Usd Corporate Bond (Currency Hedged) ETF (100 %)

Top 3 industries

Top 3 countries

Management fee

0.22 %

0 %

Key Summary

FLOT

USIG

Issuer

VanEck

Tracking index

Bloomberg AusBond Credit FRN 0+ Yr Index - AUD

Asset class

ETF

Stock

Management fee

0.22 %

0 %

Price

$24.97

$9.71

Size

$946.567 million

N/A

10Y return

N/A

N/A

Annual dividend yield (5Y)

2.56 %

3.81 %

Market

ASX

ASX

First listed date

07/07/2017

04/04/2023

Purchase fee

$6.50

$6.50

Community Stats

FLOT

USIG

Popularity

Low

Low

Pearlers invested

8

2

Median incremental investment

$2,114.18

$662.00

Median investment frequency

Monthly

Weekly

Median total investment

$1,485.72

$27,741.47

Average age group

> 35

> 35

Pros and Cons

FLOT

USIG

Pros

  • Exposure to more markets and sectors

  • Higher price growth

  • Higher dividend/distribution yield

Cons

  • Lower price growth

  • Lower dividend/distribution yield

  • Exposure to 1 market and 1 sector only

FLOT

USIG

Exposure to more markets and sectors

Exposure to 1 market and 1 sector only

Lower price growth

Higher price growth

Lower dividend/distribution yield

Higher dividend/distribution yield