Compare AU
Compare SNAS vs. IBAL
Compare shares and ETFs on the ASX that you can trade on Pearler.
Overview
When it comes to investing in the Australian stock market, shares and ETFs are a popular choice. Two options in the ASX are SNAS and IBAL. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
SNAS | IBAL | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 21 | 1 |
Median incremental investment | $2,000.00 | $993.50 |
Median investment frequency | Monthly | Weekly |
Median total investment | $1,308.62 | $967.56 |
Average age group | > 35 | > 35 |
Key Summary
SNAS | IBAL | |
|---|---|---|
Strategy | SNAS.AX was created on 2020-07-13 by ETFS. The fund's investment portfolio concentrates primarily on multi-strategy alternatives. The investment objective of the Fund is to provide investors with geared returns (before fees and expenses), that are inversely related with the performance of the Nasdaq 100 Index (the Index). | IBAL.AX was created on 2022-08-15 by iShares. The fund's investment portfolio concentrates primarily on target outcome asset allocation. The Fund aims to provide investors with the performance of the various indices of the Underlying Funds in which the Fund invests, in proportion to a Balanced long term Strategic Asset Allocation . |
Top 3 holdings | Nasdaq 100 Short Hedge Fund (100 %) | iShares Core MSCI Wld Ex Aus ESG ETF (20.89 %) iShares Core MSCI Australia ESG ETF (19.85 %) iShares Treasury ETF (19.00 %) |
Top 3 industries | Other (99.97 %) Communication Services (0.03 %) | |
Top 3 countries | United States (47.38 %) Australia (36.02 %) Japan (3.94 %) | |
Management fee | 1 % | 0.22 % |
Key Summary
SNAS | IBAL | |
|---|---|---|
Issuer | ETFS | iShares |
Tracking index | NASDAQ 100 Index | |
Asset class | ETF | ETF |
Management fee | 1 % | 0.22 % |
Price | $22.18 | $29.32 |
Size | $39.693 million | $12.489 million |
10Y return | N/A | N/A |
Annual dividend/ distribution yield (5Y) | - % | 1.30 % |
Market | ASX | ASX |
First listed date | 12/07/2020 | 16/08/2022 |
Purchase fee | $6.50 | $6.50 |
Community Stats
SNAS | IBAL | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 21 | 1 |
Median incremental investment | $2,000.00 | $993.50 |
Median investment frequency | Monthly | Weekly |
Median total investment | $1,308.62 | $967.56 |
Average age group | > 35 | > 35 |
Pros and Cons
SNAS | IBAL | |
|---|---|---|
Pros |
| |
Cons |
|
SNAS | IBAL |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Lower exposure to US market | Higher exposure to US market |
Higher management fee | Lower management fee |
Lower distribution yield | Higher distribution yield |