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Compare GRNV 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 VanEck MSCI Australian Sustainable Equity ETF (GRNV) 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
GRNV | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 636 | 12 |
Median incremental investment | $696.90 | $997.75 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,673.82 | $2,307.31 |
Average age group | 26 - 35 | > 35 |
Key Summary
GRNV | BANK | |
|---|---|---|
Strategy | GRNV.AX was created on 2016-04-27 by VanEck. The fund's investment portfolio concentrates primarily on total market equity. GRNV.AX gives investors access to a diversified portfolio of sustainable Australian companies selected on the basis of in-depth analysis by world leading research agency MSCI ESG Research. GRNV.AX aims to provide investment returns, before fees and other costs, which track the performance of the 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 | Macquarie Group Ltd (5.41 %) CSL Ltd (5.38 %) Westpac Banking Corp (5.28 %) | National Australia Bank Ltd Hybrid Security (2.38 %) |
Top 3 industries | Financials (43.98 %) Industrials (18.56 %) Real Estate (12.17 %) | |
Top 3 countries | Australia (100.00 %) | |
Management fee | 0.35 % | 0.25 % |
Key Summary
GRNV | BANK | |
|---|---|---|
Issuer | VanEck | Global X |
Tracking index | MSCI Australia IMI Select SRI Screened Index - AUD | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross |
Asset class | ETF | ETF |
Management fee | 0.35 % | 0.25 % |
Price | $32.91 | $10.00 |
Size | $242.217 million | $176.584 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 3.31 % | 3.50 % |
Market | ASX | ASX |
First listed date | 02/05/2016 | 23/07/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
GRNV | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 636 | 12 |
Median incremental investment | $696.90 | $997.75 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,673.82 | $2,307.31 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
GRNV | BANK | |
|---|---|---|
Pros |
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Cons |
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GRNV | BANK |
|---|---|
Higher exposure to AU market | Lower exposure to AU market |
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |