Compare AU

Compare UMAX vs. BANK

Compare shares and ETFs on the ASX that you can trade on Pearler.

BetaShares S&P 500 Yield Maximiser Fund (Managed Fund)

ASX

Buy

Buy

Overview
Performance

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

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

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/β€Šdividend 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

Pros

  • Higher exposure to US market

  • Higher price growth

  • Higher distribution yield

  • Lower management fee

Cons

  • Higher management fee

  • Lower exposure to US market

  • Lower price growth

  • Lower distribution yield

UMAX

BANK

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

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