Compare AU
Compare UMAX 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, shares and ETFs are a popular choice. Two options in the ASX are UMAX and FLOT. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
UMAX | FLOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 44 | 5 |
Median incremental investment | $993.50 | $2,126.36 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,606.62 | $14,707.33 |
Average age group | > 35 | > 35 |
Key Summary
UMAX | FLOT | |
|---|---|---|
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. | FLOT.AX was created on 2017-07-05 by VanEck. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 758.72m in AUM and 194 holdings. 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 | SPX US 02/21/25 C6160 (0 %) ISHARES CORE S&P 500 ETF (98.00 %) USD - UNITED STATES DOLLAR (1.68 %) | VanEck Australian Floating Rate 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 % | 0.22 % |
Key Summary
UMAX | FLOT | |
|---|---|---|
Issuer | BetaShares | VanEck |
Tracking index | Bloomberg AusBond Credit FRN 0+ Yr Index - AUD | |
Asset class | ETF | ETF |
Management fee | 0.79 % | 0.22 % |
Price | $27.73 | $24.97 |
Size | $266.179 million | $754.452 million |
10Y return | 62.07 % | N/A |
Annual distribution/ dividend yield (5Y) | 6.14 % | 2.65 % |
Market | ASX | ASX |
First listed date | 19/09/2014 | 07/07/2017 |
Purchase fee | $6.50 | $6.50 |
Community Stats
UMAX | FLOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 44 | 5 |
Median incremental investment | $993.50 | $2,126.36 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,606.62 | $14,707.33 |
Average age group | > 35 | > 35 |
Pros and Cons
UMAX | FLOT | |
|---|---|---|
Pros |
|
|
Cons |
|
|
UMAX | FLOT |
|---|---|
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 |