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Compare QYLD 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 Global X Nasdaq 100 Covered Call Complex ETF (QYLD) 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
QYLD | FLOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 25 | 8 |
Median incremental investment | $1,151.88 | $2,114.18 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,910.66 | $1,485.12 |
Average age group | > 35 | > 35 |
Key Summary
QYLD | FLOT | |
|---|---|---|
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. | 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 938.17m in AUM and 229 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 | NVIDIA Corp (8.98 %) Apple Inc (7.69 %) Microsoft Corp (7.09 %) | Westpac Banking Corp. (2.43 %) National Australia Bank Ltd. (2.08 %) ANZ Group Holdings Ltd. (1.95 %) |
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 % | 0.22 % |
Key Summary
QYLD | FLOT | |
|---|---|---|
Issuer | Global X | VanEck |
Tracking index | Cboe Nasdaq 100 Half BuyWrite V2 Index | Bloomberg AusBond Credit FRN 0+ Yr Index - AUD |
Asset class | ETF | ETF |
Management fee | 0.6 % | 0.22 % |
Price | $11.51 | $24.96 |
Size | $21.786 million | $945.684 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 7.60 % | 2.56 % |
Market | ASX | ASX |
First listed date | 31/01/2023 | 07/07/2017 |
Purchase fee | $6.50 | $6.50 |
Community Stats
QYLD | FLOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 25 | 8 |
Median incremental investment | $1,151.88 | $2,114.18 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,910.66 | $1,485.12 |
Average age group | > 35 | > 35 |
Pros and Cons
QYLD | FLOT | |
|---|---|---|
Pros |
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Cons |
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QYLD | 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 |