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Compare GMVW vs. BNKS
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 VanEck Geared Australian Equal Weight Complex ETF (GMVW) and the Betashares Global Banks Currency Hedged ETF (BNKS). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
GMVW | BNKS | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 12 | 36 |
Median incremental investment | $1,075.00 | $1,000.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $6,186.40 | $1,702.36 |
Average age group | > 35 | > 35 |
Key Summary
GMVW | BNKS | |
|---|---|---|
Strategy | GMVW.AX was created on 2024-02-27 by VanEck. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 32.53m in AUM and 73 holdings. The Fund has a target gearing ratio of 45% to 60%. The gearing ratio may change due to factors such as market movements, applications, redemptions, borrowing costs, expected dividends or changes to the amount borrowed and any restrictions in borrowing agreements. | BNKS.AX was created on 2016-07-28 by BetaShares. The fund's investment portfolio concentrates primarily on financials equity. BNKS.AX aims to track the performance of an index (before fees and expenses) that comprises the largest global banks (ex-Australia), hedged into Australian dollars. |
Top 3 holdings | VanEck Australian Equal Wt ETF (218.14 %) | BRL - BRAZILIAN REAL (0 %) AUD - AUSTRALIA DOLLAR (0 %) CAD - CANADA DOLLAR (0 %) |
Top 3 industries | Other (85.83 %) Communication Services (33.49 %) Financials (10.82 %) | |
Top 3 countries | United States (34.16 %) Canada (15.63 %) Japan (8.37 %) | |
Management fee | 0.35 % | 0.57 % |
Key Summary
GMVW | BNKS | |
|---|---|---|
Issuer | VanEck | BetaShares |
Tracking index | Nasdaq Global ex-Australia Banks Hedged AUD Index - AUD | |
Asset class | ETF | ETF |
Management fee | 0.35 % | 0.57 % |
Price | $40.70 | $11.53 |
Size | $34.371 million | $120.280 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 4.72 % | 2.29 % |
Market | ASX | ASX |
First listed date | 28/02/2024 | 01/08/2016 |
Purchase fee | $6.50 | $6.50 |
Community Stats
GMVW | BNKS | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 12 | 36 |
Median incremental investment | $1,075.00 | $1,000.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $6,186.40 | $1,702.36 |
Average age group | > 35 | > 35 |
Pros and Cons
GMVW | BNKS | |
|---|---|---|
Pros |
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Cons |
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GMVW | BNKS |
|---|---|
Lower exposure to US market | Higher exposure to US market |
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Higher distribution yield | Lower distribution yield |