Back
Compare AU
Compare QMAX 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, Exchange-Traded Funds (ETFs) are a popular choice. Two well-known options in the Australian Securities Exchange (ASX) are the Betashares Nasdaq 100 Yield Maximiser Complex ETF (QMAX) and the Global X Australian Bank Credit ETF (BANK). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
QMAX | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 15 | 12 |
Median incremental investment | $893.50 | $997.75 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $6,625.08 | $2,309.61 |
Average age group | > 35 | > 35 |
Key Summary
QMAX | BANK | |
|---|---|---|
Strategy | QMAX.AX was created on 2022-10-04 by BetaShares. The fund's investment portfolio concentrates primarily on large cap equity. QMAX.AX aims to provide regular income along with exposure to a portfolio of the top 100 companies listed on the Nasdaq stock market. | 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 | INVESCO NASDAQ 100 ETF (66.43 %) BETASHARES NASDAQ 100 ETF (32.88 %) USD - UNITED STATES DOLLAR (0.68 %) | National Australia Bank Ltd Hybrid Security (2.54 %) |
Top 3 industries | Other (99.97 %) Communication Services (0.00 %) | |
Top 3 countries | United States (96.17 %) Canada (1.38 %) Netherlands (0.96 %) | |
Management fee | 0.68 % | 0.25 % |
Key Summary
QMAX | BANK | |
|---|---|---|
Issuer | BetaShares | Global X |
Tracking index | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross | |
Asset class | ETF | ETF |
Management fee | 0.68 % | 0.25 % |
Price | $27.72 | $10.02 |
Size | $31.094 million | $180.563 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 5.74 % | 3.31 % |
Market | ASX | ASX |
First listed date | 06/10/2022 | 23/07/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
QMAX | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 15 | 12 |
Median incremental investment | $893.50 | $997.75 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $6,625.08 | $2,309.61 |
Average age group | > 35 | > 35 |
Pros and Cons
QMAX | BANK | |
|---|---|---|
Pros |
|
|
Cons |
|
|
QMAX | BANK |
|---|---|
Higher exposure to US market | Lower exposure to US market |
Higher management fee | Lower management fee |
Higher distribution yield | Lower distribution yield |