Compare AU
Compare TBIL 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, shares and ETFs are a popular choice. Two options in the ASX are TBIL and BANK. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
TBIL | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 4 | 13 |
Median incremental investment | $687.74 | $994.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $853.88 | $994.00 |
Average age group | > 35 | > 35 |
Key Summary
TBIL | BANK | |
|---|---|---|
Strategy | TBIL.AX was created on 2023-05-16 by VanEck. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 148.5m in AUM and 19 holdings. TBIL.AX invests in a portfolio of US dollar denominated Treasury Bills issued by the US Government with a maturity ranging from 1-3 months with the aim of providing investment returns (before fees and costs) that closely track the returns of the 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 | United States Treasury Bills (10.14 %) United States Treasury Bills (9.06 %) United States Treasury Bills (8.67 %) | Global X Australian Bank Credit ETF (100 %) |
Top 3 industries | ||
Top 3 countries | ||
Management fee | 0.22 % | 0.25 % |
Key Summary
TBIL | BANK | |
|---|---|---|
Issuer | VanEck | Global X |
Tracking index | Bloomberg 1-3 Month U.S. Treasury Bill Index - Benchmark TR Gross | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross |
Asset class | ETF | ETF |
Management fee | 0.22 % | 0.25 % |
Price | $51.75 | $9.94 |
Size | $146.629 million | $58.963 million |
10Y return | N/A | N/A |
Annual distribution/ dividend yield (5Y) | 1.86 % | 1.01 % |
Market | ASX | ASX |
First listed date | 17/05/2023 | 23/07/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
TBIL | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 4 | 13 |
Median incremental investment | $687.74 | $994.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $853.88 | $994.00 |
Average age group | > 35 | > 35 |
Pros and Cons
TBIL | BANK | |
|---|---|---|
Pros |
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Cons |
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TBIL | BANK |
|---|---|
Lower management fee | Higher management fee |
Higher distribution yield | Lower distribution yield |