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Compare PLUS vs. ISEC
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 Australian Corporate Bond Plus ETF (PLUS) and the iShares Enhanced Cash ETF (ISEC). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
PLUS | ISEC | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 3 | 7 |
Median incremental investment | $9,993.50 | $7,254.52 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $13,157.64 | $42,825.78 |
Average age group | > 35 | > 35 |
Key Summary
PLUS | ISEC | |
|---|---|---|
Strategy | PLUS.AX was created on 2017-05-09 by VanEck. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 368.5m in AUM and 165 holdings. 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. | ISEC.AX was created on 2017-06-02 by iShares. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 527.52m in AUM and 6 holdings. The Fund aims to provide investors with performance, before fees and expenses, in excess of the performance of an index comprised of Australian bank bills. |
Top 3 holdings | VanEck Cash Plus Active ETF (1.53 %) | RBC MONEY MARKET 11AM (13.55 %) UNITED OVERSEAS BANK LTD (SYDNEY B (5.02 %) NORFINA LTD (2.81 %) |
Top 3 industries | Other (99.33 %) Communication Services (0.87 %) Consumer Discretionary (0.67 %) | |
Top 3 countries | ||
Management fee | 0.32 % | 0.12 % |
Key Summary
PLUS | ISEC | |
|---|---|---|
Issuer | VanEck | iShares |
Tracking index | Markit iBoxx AUD Corporates Yield Plus Index - AUD | S&P/ASX Bank Bill Index - AUD |
Asset class | ETF | ETF |
Management fee | 0.32 % | 0.12 % |
Price | $16.71 | $100.59 |
Size | $364.560 million | $635.987 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.99 % | 2.23 % |
Market | ASX | ASX |
First listed date | 11/05/2017 | 06/06/2017 |
Purchase fee | $6.50 | $6.50 |
Community Stats
PLUS | ISEC | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 3 | 7 |
Median incremental investment | $9,993.50 | $7,254.52 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $13,157.64 | $42,825.78 |
Average age group | > 35 | > 35 |
Pros and Cons
PLUS | ISEC | |
|---|---|---|
Pros |
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Cons |
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PLUS | ISEC |
|---|---|
Higher management fee | Lower management fee |
Lower price growth | Higher price growth |
Higher distribution yield | Lower distribution yield |