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Compare IVV 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 iShares S&P 500 ETF (IVV) 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
IVV | BANK | |
|---|---|---|
Popularity | High | Low |
Pearlers invested | 20,327 | 12 |
Median incremental investment | $993.50 | $1,002.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $3,227.02 | $1,487.02 |
Average age group | 26 - 35 | > 35 |
Key Summary
IVV | BANK | |
|---|---|---|
Strategy | iShares S&P 500 ETF (ASX: IVV) seeks to track the performance of the US S&P 500 index before account fees, expenses, and taxes. The index tracks the top 500 companies on the US stock market. | 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 | ISHARES CORE S&P ETF TRUST (99.97 %) AUD CASH (0.08 %) USD/AUD (0.00 %) | National Australia Bank Ltd Hybrid Security (2.45 %) National Australia Bank Ltd Hybrid Securiy (2.43 %) Commonwealth Bank of Australia 4.52859% (2.18 %) |
Top 3 industries | Other (99.97 %) Communication Services (0.00 %) | |
Top 3 countries | United States (99.41 %) Switzerland (0.28 %) Netherlands (0.13 %) | |
Management fee | 0.04 % | 0.25 % |
Key Summary
IVV | BANK | |
|---|---|---|
Issuer | iShares | Global X |
Tracking index | S&P 500 | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross |
Asset class | ETF | ETF |
Management fee | 0.04 % | 0.25 % |
Price | $68.66 | $9.98 |
Size | $12.918 billion | $146.634 million |
10Y return | 260.92 % | N/A |
Annual distribution yield (5Y) | 1.24 % | 3.43 % |
Market | ASX | ASX |
First listed date | 10/10/2007 | 23/07/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
IVV | BANK | |
|---|---|---|
Popularity | High | Low |
Pearlers invested | 20,327 | 12 |
Median incremental investment | $993.50 | $1,002.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $3,227.02 | $1,487.02 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
IVV | BANK | |
|---|---|---|
Pros |
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Cons |
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IVV | BANK |
|---|---|
Higher exposure to US market | Lower exposure to US market |
Lower management fee | Higher management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |