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Compare GARP vs. BANK
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 Global X S&P World Ex Australia Garp ETF (GARP) and the Global X Australian Bank Credit ETF (BANK). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
GARP | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 74 | 12 |
Median incremental investment | $1,018.25 | $1,002.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,101.13 | $1,487.02 |
Average age group | > 35 | > 35 |
Key Summary
GARP | BANK | |
|---|---|---|
Strategy | GARP.AX was created on 2024-09-24 by Global X. The fund's investment portfolio concentrates primarily on total market equity. The investment objective of the Fund is to provide investors with a return that (before fees and expenses) tracks the performance of the S&P World Ex-Australia GARP.AX Index. | BANK.AX was created on 2024-07-22 by Global X. The fund's investment portfolio concentrates primarily on investment grade fixed income. The investment objective of the Fund is to provide investors a return (before fees and expenses) that tracks the performance of the Solactive Australian Bank Credit Index, a published index, by holding a portfolio of Bonds and Hybrid Securities that may comprise all or a representation of the securities comprising the Index. |
Top 3 holdings | Alphabet Inc Class C (6.52 %) NVIDIA Corp (6.23 %) Microsoft Corp (4.96 %) | National Australia Bank Ltd Hybrid Security (2.45 %) National Australia Bank Ltd Hybrid Securiy (2.43 %) Commonwealth Bank of Australia 4.52859% (2.18 %) |
Top 3 industries | Information Technology (29.10 %) Other (22.79 %) Communication Services (20.23 %) | |
Top 3 countries | ||
Management fee | 0 % | 0.25 % |
Key Summary
GARP | BANK | |
|---|---|---|
Issuer | Global X | Global X |
Tracking index | S&P World Ex-Australia GARP Index - AUD - Benchmark TR Gross | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross |
Asset class | ETF | ETF |
Management fee | 0 % | 0.25 % |
Price | $12.93 | $9.98 |
Size | $124.128 million | $146.634 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 1.09 % | 3.43 % |
Market | ASX | ASX |
First listed date | 25/09/2024 | 23/07/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
GARP | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 74 | 12 |
Median incremental investment | $1,018.25 | $1,002.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,101.13 | $1,487.02 |
Average age group | > 35 | > 35 |
Pros and Cons
GARP | BANK | |
|---|---|---|
Pros |
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Cons |
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GARP | BANK |
|---|---|
Lower management fee | Higher management fee |
Lower distribution yield | Higher distribution yield |