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Compare L1IF vs. QPON
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 L1 Capital International (Unhedged) Active ETF (L1IF) and the Betashares Australian Bank Senior Floating Rate Bond ETF (QPON). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
L1IF | QPON | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 2 | 21 |
Median incremental investment | $10,065.14 | $4,300.00 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $17,479.62 | $8,008.02 |
Average age group | 26 - 35 | > 35 |
Key Summary
L1IF | QPON | |
|---|---|---|
Strategy | L1IF.AX was created on 2023-11-22 by L1 Capital. The fund's investment portfolio concentrates primarily on total market equity. The objective of the Fund is to outperform the Benchmark net of fees and expenses over rolling 5 year periods. | QPON.AX was created on 2017-06-01 by BetaShares. The fund's investment portfolio concentrates primarily on high yield fixed income. QPON.AX aims to track the performance of an index (before fees and expenses) that measures the performance of a portfolio of some of the largest and most liquid senior floating rate bonds issued by Australian banks. |
Top 3 holdings | HCA Healthcare Inc (8.48 %) AerCap Holdings NV (8.30 %) Microsoft Corp (7.47 %) | AUSTRALIA & NEW ZEALAND BANKING GROUP LTD FRN FEB-30 (10.24 %) NATIONAL AUSTRALIA BANK LTD FRN MAR-30 (9.94 %) NATIONAL AUSTRALIA BANK LTD FRN NOV-29 (9.89 %) |
Top 3 industries | Financials (33.97 %) Consumer Discretionary (19.83 %) Health Care (13.03 %) | Other (96.47 %) Communication Services (3.53 %) |
Top 3 countries | ||
Management fee | 1.2 % | 0.22 % |
Key Summary
L1IF | QPON | |
|---|---|---|
Issuer | L1 Capital | BetaShares |
Tracking index | Solactive Australian Bank Senior Floating Rate Bond Index - AUD | |
Asset class | ETF | ETF |
Management fee | 1.2 % | 0.22 % |
Price | $6.84 | $26.17 |
Size | N/A | $1.777 billion |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.46 % | 2.50 % |
Market | ASX | ASX |
First listed date | 21/11/2023 | 06/06/2017 |
Purchase fee | $6.50 | $6.50 |
Community Stats
L1IF | QPON | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 2 | 21 |
Median incremental investment | $10,065.14 | $4,300.00 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $17,479.62 | $8,008.02 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
L1IF | QPON | |
|---|---|---|
Pros |
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Cons |
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L1IF | QPON |
|---|---|
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |