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Compare ITEK vs. ISEC
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 Nasdaq Top 30 ETF (ITEK) and the iShares Enhanced Cash ETF (ISEC). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
ITEK | ISEC | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 2 | 7 |
Median incremental investment | $700.00 | $9,990.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $5,672.27 | $42,919.50 |
Average age group | > 35 | > 35 |
Key Summary
ITEK | ISEC | |
|---|---|---|
Strategy | ITEK.AX was created on 2022-08-15 by iShares. The fund's investment portfolio concentrates primarily on theme equity. The Fund aims to provide investors with the performance of the equally weighted return of the various indices of the Underlying Funds in which the Fund invests, before fees and expenses | ISEC.AX was created on 2017-06-02 by iShares. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 629.37m in AUM and 6 holdings. The Fund aims to provide investors with performance, before fees and expenses, in excess of the performance of an index comprised of Australian bank bills. |
Top 3 holdings | iShares Nasdaq Top 30 Stocks ETF (99.98 %) | RBC MONEY MARKET 11AM (13.55 %) UNITED OVERSEAS BANK LTD (SYDNEY B (5.02 %) NORFINA LTD (2.81 %) |
Top 3 industries | Other (99.97 %) Communication Services (0.00 %) | Other (99.33 %) Communication Services (0.87 %) Consumer Discretionary (0.67 %) |
Top 3 countries | United States (98.65 %) Canada (1.35 %) | |
Management fee | 0.63 % | 0.12 % |
Key Summary
ITEK | ISEC | |
|---|---|---|
Issuer | iShares | iShares |
Tracking index | S&P/ASX Bank Bill Index - AUD | |
Asset class | ETF | ETF |
Management fee | 0.63 % | 0.12 % |
Price | $29.39 | $100.75 |
Size | $7.868 million | $635.836 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 1.40 % | 2.22 % |
Market | ASX | ASX |
First listed date | 16/08/2022 | 06/06/2017 |
Purchase fee | $6.50 | $6.50 |
Community Stats
ITEK | ISEC | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 2 | 7 |
Median incremental investment | $700.00 | $9,990.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $5,672.27 | $42,919.50 |
Average age group | > 35 | > 35 |
Pros and Cons
ITEK | ISEC | |
|---|---|---|
Pros |
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Cons |
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ITEK | ISEC |
|---|---|
Higher exposure to US market | Lower exposure to US market |
Higher management fee | Lower management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |