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Compare HJHI vs. FLOT
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 Hejaz High Income Active ETF (HJHI) and the VanEck Australian Floating Rate ETF (FLOT). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
HJHI | FLOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 6 | 11 |
Median incremental investment | $501.50 | $2,111.22 |
Median investment frequency | Monthly | Monthly |
Median total investment | $3,709.75 | $2,269.54 |
Average age group | 26 - 35 | > 35 |
Key Summary
HJHI | FLOT | |
|---|---|---|
Strategy | HJHI.AX was created on 2024-05-02 by Hejaz . The fund's investment portfolio concentrates primarily on total market equity. To achieve a (total) return at least equal to movements in the Benchmark over a rolling 5 to 7-year timeframe through exposure to a diversified portfolio of Shariah Compliant listed companies with a proven history of significant dividends and a market capitalisation exceeding $2 billion. | FLOT.AX was created on 2017-07-05 by VanEck. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 1128.81m in AUM and 232 holdings. 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. |
Top 3 holdings | Merck & Co Inc (6.40 %) Newmont Corp (6.36 %) Okuma Corp (6.12 %) | Westpac Banking Corp. (2.01 %) VanEck Cash Plus Active ETF (1.76 %) National Australia Bank Ltd. (1.72 %) |
Top 3 industries | Consumer Discretionary (43.19 %) Industrials (20.54 %) Materials (17.71 %) | |
Top 3 countries | United States (20.93 %) China (15.00 %) Canada (13.08 %) | |
Management fee | 1.1 % | 0.22 % |
Key Summary
HJHI | FLOT | |
|---|---|---|
Issuer | Hejaz | VanEck |
Tracking index | Bloomberg AusBond Credit FRN 0+ Yr Index - AUD | |
Asset class | ETF | ETF |
Management fee | 1.1 % | 0.22 % |
Price | $1.10 | $24.94 |
Size | N/A | $1.136 billion |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 1.85 % | 2.71 % |
Market | ASX | ASX |
First listed date | 29/04/2024 | 07/07/2017 |
Purchase fee | $6.50 | $6.50 |
Community Stats
HJHI | FLOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 6 | 11 |
Median incremental investment | $501.50 | $2,111.22 |
Median investment frequency | Monthly | Monthly |
Median total investment | $3,709.75 | $2,269.54 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
HJHI | FLOT | |
|---|---|---|
Pros |
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Cons |
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HJHI | FLOT |
|---|---|
Higher exposure to AU market | Lower exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |