Compare AU
Compare QMAX 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 BetaShares Nasdaq 100 Yield Max (Managed Fund) (QMAX) 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
QMAX | FLOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 7 | 5 |
Median incremental investment | $1,582.66 | $2,126.36 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $7,425.73 | $14,671.99 |
Average age group | > 35 | > 35 |
Key Summary
QMAX | FLOT | |
|---|---|---|
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. | 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 750.5m in AUM and 194 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 | NDX UL 02/21/25 C22225 (0 %) INVESCO NASDAQ 100 ETF (59.15 %) BETASHARES NASDAQ 100 ETF (39.60 %) | Westpac Banking Corp. (2.53 %) National Australia Bank Ltd. (2.52 %) Westpac Banking Corp. (2.20 %) |
Top 3 industries | Other (99.97 %) Communication Services (0.00 %) | |
Top 3 countries | United States (97.16 %) Netherlands (0.95 %) Brazil (0.69 %) | |
Management fee | 0.68 % | 0.22 % |
Key Summary
QMAX | FLOT | |
|---|---|---|
Issuer | BetaShares | VanEck |
Tracking index | Bloomberg AusBond Credit FRN 0+ Yr Index - AUD | |
Asset class | ETF | ETF |
Management fee | 0.68 % | 0.22 % |
Price | $30.99 | $24.91 |
Size | $28.736 million | $759.762 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 3.00 % | 2.65 % |
Market | ASX | ASX |
First listed date | 06/10/2022 | 07/07/2017 |
Purchase fee | $6.50 | $6.50 |
Community Stats
QMAX | FLOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 7 | 5 |
Median incremental investment | $1,582.66 | $2,126.36 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $7,425.73 | $14,671.99 |
Average age group | > 35 | > 35 |
Pros and Cons
QMAX | FLOT | |
|---|---|---|
Pros |
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Cons |
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QMAX | 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 |