Compare AU

Compare UMAX vs. FLOT

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 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/β€Šdividend 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

  • 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

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

Home