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Compare MICH 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, shares and ETFs are a popular choice. Two options in the ASX are MICH and FLOT. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
MICH | FLOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 12 | 8 |
Median incremental investment | $1,143.63 | $2,114.18 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,448.00 | $1,483.93 |
Average age group | > 35 | > 35 |
Key Summary
MICH | FLOT | |
|---|---|---|
Strategy | MICH.AX was created on 2016-07-19 by Magellan. The fund's investment portfolio concentrates primarily on theme equity. To achieve attractive risk adjusted returns over the medium to long-term, While reducing the risk of permanent capital loss | 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 896.84m in AUM and 227 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 | Aena SME SA (6.46 %) Severn Trent PLC (5.77 %) Ferrovial SE (5.40 %) | VanEck Australian Floating Rate ETF (100 %) |
Top 3 industries | Utilities (46.48 %) Industrials (29.85 %) Other (13.74 %) | |
Top 3 countries | United States (38.21 %) Spain (15.62 %) United Kingdom of Great Britain and Northern Ireland (14.04 %) | |
Management fee | 1.05 % | 0.22 % |
Key Summary
MICH | FLOT | |
|---|---|---|
Issuer | Magellan | VanEck |
Tracking index | S&P Global Infrastructure Hedged to USD Index | Bloomberg AusBond Credit FRN 0+ Yr Index - AUD |
Asset class | ETF | ETF |
Management fee | 1.05 % | 0.22 % |
Price | $3.20 | $24.94 |
Size | N/A | $914.025 million |
10Y return | N/A | N/A |
Annual distribution/ dividend yield (5Y) | 4.14 % | 2.52 % |
Market | ASX | ASX |
First listed date | 22/07/2016 | 07/07/2017 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MICH | FLOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 12 | 8 |
Median incremental investment | $1,143.63 | $2,114.18 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,448.00 | $1,483.93 |
Average age group | > 35 | > 35 |
Pros and Cons
MICH | FLOT | |
|---|---|---|
Pros |
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Cons |
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MICH | FLOT |
|---|---|
Higher exposure to AU market | Lower exposure to AU market |
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 |