Compare AU
Compare IGRO 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 iShares High Growth Esg ETF (IGRO) 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
IGRO | FLOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 8 | 5 |
Median incremental investment | $688.29 | $2,126.36 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $5,685.12 | $14,671.99 |
Average age group | > 35 | > 35 |
Key Summary
IGRO | FLOT | |
|---|---|---|
Strategy | IGRO.AX was created on 2022-08-15 by iShares. The fund's investment portfolio concentrates primarily on target outcome asset allocation. The Fund aims to provide investors with the performance of the various indices of the Underlying Funds | 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 750.5m in AUM and 194 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 | iShares Core MSCI Wld Ex Aus ESG ETF (41.52 %) iShares Core MSCI Australia ESG ETF (35.07 %) iShares Core MSCI Wld ex Aus ESG AUHDETF (14.55 %) | Westpac Banking Corp. (2.53 %) National Australia Bank Ltd. (2.52 %) Westpac Banking Corp. (2.20 %) |
Top 3 industries | Other (99.98 %) Communication Services (0.02 %) | |
Top 3 countries | United States (47.22 %) Australia (36.23 %) Japan (3.92 %) | |
Management fee | 0.22 % | 0.22 % |
Key Summary
IGRO | FLOT | |
|---|---|---|
Issuer | iShares | VanEck |
Tracking index | 34% MSCI Australia IMI Custom ESG Leaders Index - 43% MSCI World Ex Australia Custom ESG Leaders Index - 13% MSCI World Ex Australia Custom ESG Leaders Index AUD Hedged - 10% Other Benchmark - Benchmark TR Net | Bloomberg AusBond Credit FRN 0+ Yr Index - AUD |
Asset class | ETF | ETF |
Management fee | 0.22 % | 0.22 % |
Price | $33.72 | $24.91 |
Size | $12.810 million | $759.762 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 1.32 % | 2.65 % |
Market | ASX | ASX |
First listed date | 16/08/2022 | 07/07/2017 |
Purchase fee | $6.50 | $6.50 |
Community Stats
IGRO | FLOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 8 | 5 |
Median incremental investment | $688.29 | $2,126.36 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $5,685.12 | $14,671.99 |
Average age group | > 35 | > 35 |
Pros and Cons
IGRO | FLOT | |
|---|---|---|
Pros |
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Cons |
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IGRO | FLOT |
|---|---|
Higher exposure to AU market | Lower exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |