Compare AU
Compare USIG 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 are a popular choice. Two options in the ASX are USIG and BANK. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
USIG | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 13 |
Median incremental investment | $663.53 | $994.50 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $5,143.32 | $993.00 |
Average age group | 26 - 35 | > 35 |
Key Summary
USIG | BANK | |
|---|---|---|
Strategy | N/A | 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 | Global X Usd Corporate Bond (Currency Hedged) ETF (100 %) | Global X Australian Bank Credit ETF (100 %) |
Top 3 industries | ||
Top 3 countries | ||
Management fee | 0 % | 0.25 % |
Key Summary
USIG | BANK | |
|---|---|---|
Issuer | Global X | |
Tracking index | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross | |
Asset class | Stock | ETF |
Management fee | 0 % | 0.25 % |
Price | $9.40 | $9.95 |
Size | N/A | $58.963 million |
10Y return | N/A | N/A |
Annual dividend yield (5Y) | 1.79 % | 1.01 % |
Market | ASX | ASX |
First listed date | 04/04/2023 | 23/07/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
USIG | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 13 |
Median incremental investment | $663.53 | $994.50 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $5,143.32 | $993.00 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
USIG | BANK | |
|---|---|---|
Pros |
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Cons |
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USIG | BANK |
|---|---|
Exposure to 1 market and 1 sector only | Exposure to more markets and sectors |
Higher dividend/distribution yield | Lower dividend/distribution yield |