Back
Compare AU
Compare TBIL 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 VanEck 1-3 Month Us Treasury Bond ETF (TBIL) 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
TBIL | FLOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 4 | 9 |
Median incremental investment | $994.46 | $2,050.89 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,345.96 | $6,572.37 |
Average age group | > 35 | 26 - 35 |
Key Summary
TBIL | FLOT | |
|---|---|---|
Strategy | TBIL.AX was created on 2023-05-16 by VanEck. The fund's investment portfolio concentrates primarily on investment grade fixed income. 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 | FLOT.AX was created on 2017-07-05 by VanEck. The fund's investment portfolio concentrates primarily on investment grade fixed income. 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 | United States Treasury Bills (11.65 %) United States Treasury Bills (9.07 %) United States Treasury Bills (7.06 %) | Westpac Banking Corp. (1.85 %) VanEck Cash Plus Active ETF (1.63 %) National Australia Bank Ltd. (1.58 %) |
Top 3 industries | ||
Top 3 countries | ||
Management fee | 0.22 % | 0.22 % |
Key Summary
TBIL | FLOT | |
|---|---|---|
Issuer | VanEck | VanEck |
Tracking index | Bloomberg 1-3 Month U.S. Treasury Bill Index - Benchmark TR Gross | Bloomberg AusBond Credit FRN 0+ Yr Index - AUD |
Asset class | ETF | ETF |
Management fee | 0.22 % | 0.22 % |
Price | $48.07 | $24.99 |
Size | $106.927 million | $1.232 billion |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 3.26 % | 2.88 % |
Market | ASX | ASX |
First listed date | 17/05/2023 | 07/07/2017 |
Purchase fee | $6.50 | $6.50 |
Community Stats
TBIL | FLOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 4 | 9 |
Median incremental investment | $994.46 | $2,050.89 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,345.96 | $6,572.37 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
TBIL | FLOT | |
|---|---|---|
Pros |
| |
Cons |
|
TBIL | FLOT |
|---|---|
Higher price growth | Lower price growth |
Higher distribution yield | Lower distribution yield |