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Compare PLUS 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, shares and ETFs are a popular choice. Two options in the ASX are PLUS and BANK. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
PLUS | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 3 | 11 |
Median incremental investment | $9,993.50 | $995.50 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $13,582.08 | $993.00 |
Average age group | > 35 | > 35 |
Key Summary
PLUS | BANK | |
|---|---|---|
Strategy | PLUS.AX was created on 2017-05-09 by VanEck. The fund's investment portfolio concentrates primarily on investment grade fixed income. PLUS.AX invests in a diversified portfolio of Australian dollar denominated bonds consisting predominantly of the highest yielding investment grade corporate bonds issued in Australia with the aim of providing investment returns (before fees and other costs) that track the performance of the Markit iBoxx AUD Corporates Yield Plus Index. | 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 | Scentre Group Trust 1 (1.83 %) AusNet Services Holdings Pty Ltd. (1.59 %) Credit Agricole S.A. (1.57 %) | Global X Australian Bank Credit ETF (100 %) |
Top 3 industries | ||
Top 3 countries | ||
Management fee | 0.32 % | 0.25 % |
Key Summary
PLUS | BANK | |
|---|---|---|
Issuer | VanEck | Global X |
Tracking index | Markit iBoxx AUD Corporates Yield Plus Index - AUD | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross |
Asset class | ETF | ETF |
Management fee | 0.32 % | 0.25 % |
Price | $17.28 | $9.93 |
Size | $394.948 million | $91.071 million |
10Y return | N/A | N/A |
Annual distribution/ dividend yield (5Y) | 2.86 % | 2.86 % |
Market | ASX | ASX |
First listed date | 11/05/2017 | 23/07/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
PLUS | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 3 | 11 |
Median incremental investment | $9,993.50 | $995.50 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $13,582.08 | $993.00 |
Average age group | > 35 | > 35 |
Pros and Cons
PLUS | BANK | |
|---|---|---|
Pros |
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Cons |
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PLUS | BANK |
|---|---|
Higher management fee | Lower management fee |
Lower price growth | Higher price growth |