Compare AU
Compare UMAX 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 UMAX and BANK. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
UMAX | BANK | |
---|---|---|
Popularity | Low | Low |
Pearlers invested | 44 | 14 |
Median incremental investment | $993.50 | $995.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,600.04 | $1,002.00 |
Average age group | > 35 | > 35 |
Key Summary
UMAX | BANK | |
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Strategy | UMAX.AX was created on 2014-09-17 by BetaShares. The fund's investment portfolio concentrates primarily on large cap equity. UMAX.AX aims to generate attractive quarterly income and reduce the volatility of portfolio returns by implementing an equity income investment strategy over a portfolio of stocks comprising the S&P 500 Index. UMAX.AX does not aim to track an 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 | SPX US 02/21/25 C6160 (0 %) ISHARES CORE S&P 500 ETF (98.00 %) USD - UNITED STATES DOLLAR (1.68 %) | Global X Australian Bank Credit ETF (100 %) |
Top 3 industries | Other (99.94 %) Communication Services (0.06 %) | |
Top 3 countries | United States (99.40 %) Switzerland (0.28 %) Netherlands (0.13 %) | |
Management fee | 0.79 % | 0.25 % |
Key Summary
UMAX | BANK | |
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Issuer | BetaShares | Global X |
Tracking index | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross | |
Asset class | ETF | ETF |
Management fee | 0.79 % | 0.25 % |
Price | $27.60 | $10.02 |
Size | $266.179 million | $43.976 million |
10Y return | 60.09 % | N/A |
Annual distribution/βdividend yield (5Y) | 6.14 % | 0.62 % |
Market | ASX | ASX |
First listed date | 19/09/2014 | 23/07/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
UMAX | BANK | |
---|---|---|
Popularity | Low | Low |
Pearlers invested | 44 | 14 |
Median incremental investment | $993.50 | $995.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,600.04 | $1,002.00 |
Average age group | > 35 | > 35 |
Pros and Cons
UMAX | BANK | |
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Pros |
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Cons |
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UMAX | BANK |
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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 |