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Compare QYLD 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 Global X Nasdaq 100 Covered Call Complex ETF (QYLD) 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
QYLD | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 23 | 12 |
Median incremental investment | $1,118.50 | $1,002.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,604.40 | $1,488.51 |
Average age group | > 35 | > 35 |
Key Summary
QYLD | BANK | |
|---|---|---|
Strategy | QYLD.AX was created on 2023-01-30 by Global X. The fund's investment portfolio concentrates primarily on large cap equity. Each Fund aims to provide investors with a return (before fees and other costs) that tracks the performance of the relevant 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 | NVIDIA Corp (10.03 %) Apple Inc (8.94 %) Microsoft Corp (8.26 %) | National Australia Bank Ltd Hybrid Security (2.45 %) National Australia Bank Ltd Hybrid Securiy (2.43 %) Commonwealth Bank of Australia 4.58915% (2.17 %) |
Top 3 industries | Information Technology (61.38 %) Communication Services (17.97 %) Consumer Discretionary (15.85 %) | |
Top 3 countries | United States (97.34 %) Netherlands (0.82 %) Brazil (0.69 %) | |
Management fee | 0.6 % | 0.25 % |
Key Summary
QYLD | BANK | |
|---|---|---|
Issuer | Global X | Global X |
Tracking index | Cboe Nasdaq 100 Half BuyWrite V2 Index | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross |
Asset class | ETF | ETF |
Management fee | 0.6 % | 0.25 % |
Price | $11.46 | $9.99 |
Size | $22.308 million | $146.634 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 7.57 % | 3.43 % |
Market | ASX | ASX |
First listed date | 31/01/2023 | 23/07/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
QYLD | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 23 | 12 |
Median incremental investment | $1,118.50 | $1,002.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,604.40 | $1,488.51 |
Average age group | > 35 | > 35 |
Pros and Cons
QYLD | BANK | |
|---|---|---|
Pros |
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Cons |
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QYLD | BANK |
|---|---|
Higher exposure to US market | Lower exposure to US market |
Higher management fee | Lower management fee |
Higher distribution yield | Lower distribution yield |