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Compare LEND 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 VanEck Glbl Listed Private Credit (Aud Hedged) ETF (LEND) 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
LEND | FLOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 23 | 11 |
Median incremental investment | $1,233.00 | $2,114.18 |
Median investment frequency | Monthly | Monthly |
Median total investment | $6,140.26 | $2,267.72 |
Average age group | > 35 | > 35 |
Key Summary
LEND | FLOT | |
|---|---|---|
Strategy | LEND.AX was created on 2024-01-31 by VanEck. The fund's investment portfolio concentrates primarily on broad credit fixed income. The Fund aims to provide investment returns before fees and other costs which track the performance of its Reference Index in Australian dollars. The Fund does not necessarily aim to perfectly replicate the Reference Index on a one-to-one basis. | 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 1023.22m in AUM and 229 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 | Golub Capital BDC Inc (8.20 %) Blackstone Secured Lending Fund Ordinary Shares (8.11 %) Blue Owl Capital Corp Ordinary Shares (7.91 %) | Westpac Banking Corp. (2.05 %) VanEck Cash Plus Active ETF (1.81 %) National Australia Bank Ltd. (1.76 %) |
Top 3 industries | ||
Top 3 countries | United States (100.00 %) | |
Management fee | 0.65 % | 0.22 % |
Key Summary
LEND | FLOT | |
|---|---|---|
Issuer | VanEck | VanEck |
Tracking index | Bloomberg AusBond Credit FRN 0+ Yr Index - AUD | |
Asset class | ETF | ETF |
Management fee | 0.65 % | 0.22 % |
Price | $14.38 | $24.92 |
Size | $212.938 million | $1.079 billion |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 7.12 % | 2.71 % |
Market | ASX | ASX |
First listed date | 01/02/2024 | 07/07/2017 |
Purchase fee | $6.50 | $6.50 |
Community Stats
LEND | FLOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 23 | 11 |
Median incremental investment | $1,233.00 | $2,114.18 |
Median investment frequency | Monthly | Monthly |
Median total investment | $6,140.26 | $2,267.72 |
Average age group | > 35 | > 35 |
Pros and Cons
LEND | FLOT | |
|---|---|---|
Pros |
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Cons |
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LEND | FLOT |
|---|---|
Higher exposure to US market | Lower exposure to US market |
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Higher distribution yield | Lower distribution yield |