Compare AU

Compare QPON vs. MHHT

Compare shares and ETFs on the ASX that you can trade on Pearler.

BetaShares Australian Bank Senior Floating Rate Bond ETF

ASX

Buy

Buy

Overview
Performance

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 Australian Bank Senior Floating Rate Bond ETF (QPON) and the Magellan High Conviction Trust - Active ETF (MHHT). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.

Community Stats

QPON

MHHT

Popularity

Low

Low

Pearlers invested

11

8

Median incremental investment

$5,000.00

$1,742.00

Median investment frequency

Monthly

Fortnightly

Median total investment

$2,761.30

$5,033.77

Average age group

> 35

> 35


Key Summary

QPON

MHHT

Strategy

QPON.AX was created on 2017-06-01 by BetaShares. The fund's investment portfolio concentrates primarily on high yield fixed income. QPON.AX aims to track the performance of an index (before fees and expenses) that measures the performance of a portfolio of some of the largest and most liquid senior floating rate bonds issued by Australian banks.

MHHT.AX was created on 2019-10-11 by Magellan. The fund's investment portfolio concentrates primarily on total market equity. The investment objective of the Trust is to achieve attractive risk-adjusted returns over the medium to long-term.

Top 3 holdings

NATIONAL AUSTRALIA BANK LTD FRN MAR-29 (10.02 %)

WESTPAC BANKING CORP FRN MAY-29 (9.98 %)

WESTPAC BANKING CORP FRN JAN-29 (9.97 %)

Amazon.com Inc (9.10 %)

Microsoft Corp (8.58 %)

ASML Holding NV (7.16 %)

Top 3 industries

Other (96.47 %)

Communication Services (3.53 %)

Information Technology (32.18 %)

Consumer Discretionary (21.16 %)

Financials (20.12 %)

Top 3 countries

United States (72.59 %)

Netherlands (7.23 %)

Canada (6.98 %)

Management fee

0.22 %

1.5 %


Key Summary

QPON

MHHT

Issuer

BetaShares

Magellan

Tracking index

Solactive Australian Bank Senior Floating Rate Bond Index - AUD

Asset class

ETF

ETF

Management fee

0.22 %

1.5 %

Price

$26.05

$2.09

Size

$1.551 billion

N/A

10Y return

N/A

N/A

Annual distribution yield (5Y)

2.63 %

1.94 %

Market

ASX

ASX

First listed date

06/06/2017

30/08/2021

Purchase fee

$6.50

$6.50


Community Stats

QPON

MHHT

Popularity

Low

Low

Pearlers invested

11

8

Median incremental investment

$5,000.00

$1,742.00

Median investment frequency

Monthly

Fortnightly

Median total investment

$2,761.30

$5,033.77

Average age group

> 35

> 35


Pros and Cons

QPON

MHHT

Pros

  • Lower management fee

  • Higher price growth

  • Higher distribution yield

  • Higher exposure to US market

Cons

  • Lower exposure to US market

  • Higher management fee

  • Lower price growth

  • Lower distribution yield

QPON

MHHT

Lower exposure to US market

Higher exposure to US market

Lower management fee

Higher management fee

Higher price growth

Lower price growth

Higher distribution yield

Lower distribution yield

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