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Compare TECH 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 Morningstar Global Technology ETF (TECH) 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
TECH | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 205 | 12 |
Median incremental investment | $730.87 | $997.75 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,634.00 | $2,309.61 |
Average age group | > 35 | > 35 |
Key Summary
TECH | BANK | |
|---|---|---|
Strategy | The Global X Morningstar Global Technology ETF (TECH: ASX) seeks to track the performance of the Morningstar Developed Markets Technology Moat Focus Index before considering any fees, expenses, or taxes. | 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 | Infineon Technologies AG (5.68 %) Sensata Technologies Holding PLC (4.96 %) Marvell Technology Inc (4.80 %) | National Australia Bank Ltd Hybrid Security (2.53 %) |
Top 3 industries | Information Technology (79.96 %) Financials (10.64 %) Industrials (9.70 %) | |
Top 3 countries | United States (62.10 %) Netherlands (9.59 %) Germany (6.87 %) | |
Management fee | 0.45 % | 0.25 % |
Key Summary
TECH | BANK | |
|---|---|---|
Issuer | Global X | Global X |
Tracking index | Morningstar Developed Markets Technology Moat Focus Index - USD | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross |
Asset class | ETF | ETF |
Management fee | 0.45 % | 0.25 % |
Price | $86.00 | $10.02 |
Size | $278.304 million | $180.563 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 6.51 % | 3.50 % |
Market | ASX | ASX |
First listed date | 11/04/2017 | 23/07/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
TECH | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 205 | 12 |
Median incremental investment | $730.87 | $997.75 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,634.00 | $2,309.61 |
Average age group | > 35 | > 35 |
Pros and Cons
TECH | BANK | |
|---|---|---|
Pros |
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Cons |
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TECH | BANK |
|---|---|
Higher exposure to US market | Lower exposure to US market |
Higher management fee | Lower management fee |
Lower price growth | Higher price growth |
Higher distribution yield | Lower distribution yield |