Compare AU

Compare FLOT vs. YMAX

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

Community Stats

FLOT

YMAX

Popularity

Low

Low

Pearlers invested

5

43

Median incremental investment

$2,169.28

$1,500.00

Median investment frequency

Fortnightly

Monthly

Median total investment

$12,594.96

$3,719.17

Average age group

> 35

> 35


Key Summary

FLOT

YMAX

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.

YMAX.AX was created on 2012-11-22 by BetaShares. The fund's investment portfolio concentrates primarily on large cap equity. YMAX.AX aims to generate attractive quarterly income and reduce the volatility of portfolio returns by implementing an equity income investment strategy over a portfolio of the 20 largest blue-chip shares listed on the ASX. YMAX.AX does not aim to track an index.

Top 3 holdings

VanEck Australian Floating Rate ETF (100 %)

ANZ AU 01/16/25 C29.5 (0 %)

ALL AU 01/16/25 C71 (0 %)

AS51 01/16/25 C8325 (0 %)

Top 3 industries

Financials (41.82 %)

Materials (21.03 %)

Health Care (9.93 %)

Top 3 countries

Australia (100.00 %)

Management fee

0.22 %

0.76 %


Key Summary

FLOT

YMAX

Issuer

VanEck

BetaShares

Tracking index

Bloomberg AusBond Credit FRN 0+ Yr Index - AUD

Asset class

ETF

ETF

Management fee

0.22 %

0.76 %

Price

$24.99

$7.93

Size

$746.843 million

$531.143 million

10Y return

N/A

-28.24 %

Annual dividend/โ€Šdistribution yield (5Y)

2.60 %

10.30 %

Market

ASX

ASX

First listed date

07/07/2017

26/11/2012

Purchase fee

$6.50

$6.50


Community Stats

FLOT

YMAX

Popularity

Low

Low

Pearlers invested

5

43

Median incremental investment

$2,169.28

$1,500.00

Median investment frequency

Fortnightly

Monthly

Median total investment

$12,594.96

$3,719.17

Average age group

> 35

> 35


Pros and Cons

FLOT

YMAX

Pros

  • Lower management fee

  • Higher price growth

  • Higher distribution yield

  • Higher exposure to AU market

Cons

  • Lower exposure to AU market

  • Higher management fee

  • Lower price growth

  • Lower distribution yield

FLOT

YMAX

Lower exposure to AU market

Higher exposure to AU market

Lower management fee

Higher management fee

Higher price growth

Lower price growth

Higher distribution yield

Lower distribution yield

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