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Compare GOVT vs. GMVW
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 State Street SPDR S&P/ASX Iboxx Aus Government Bond ETF (GOVT) and the VanEck Geared Australian Equal Weight Complex ETF (GMVW). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
GOVT | GMVW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 4 | 13 |
Median incremental investment | $127.00 | $1,045.25 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $3,323.38 | $3,324.60 |
Average age group | > 35 | > 35 |
Key Summary
GOVT | GMVW | |
|---|---|---|
Strategy | GOVT.AX was created on 2012-07-26 by SPDR. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 73.31m in AUM and 117 holdings. The State Street SPDR S&P/ASX iBoxx Australian Government Bond ETF seeks to closely track, before fees and expenses, the returns of the S&P/ASX iBoxx Australian & State Governments 0+ Index. | 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 40.4m in AUM and 77 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. |
Top 3 holdings | Australia (Commonwealth of) 3.25% (3.05 %) Australia (Commonwealth of) 2.75% (3.01 %) Australia (Commonwealth of) 2.75% (3.00 %) | VanEck Australian Equal Wt ETF (218.40 %) |
Top 3 industries | ||
Top 3 countries | Australia (100.00 %) | |
Management fee | 0.1 % | 0.35 % |
Key Summary
GOVT | GMVW | |
|---|---|---|
Issuer | SPDR | VanEck |
Tracking index | S&P/ASX iBoxx Australian & State Governments 0+ Index - AUD - Benchmark TR Gross | |
Asset class | ETF | ETF |
Management fee | 0.1 % | 0.35 % |
Price | $24.05 | $36.04 |
Size | $72.500 million | $39.718 million |
10Y return | -6.78 % | N/A |
Annual distribution yield (5Y) | 1.80 % | 4.96 % |
Market | ASX | ASX |
First listed date | 27/07/2012 | 28/02/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
GOVT | GMVW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 4 | 13 |
Median incremental investment | $127.00 | $1,045.25 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $3,323.38 | $3,324.60 |
Average age group | > 35 | > 35 |
Pros and Cons
GOVT | GMVW | |
|---|---|---|
Pros |
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Cons |
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GOVT | GMVW |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |