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Compare WVOL 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, Exchange-Traded Funds (ETFs) are a popular choice. Two well-known options in the Australian Securities Exchange (ASX) are the Edge MSCI World Minimum Volatility (WVOL) and the Global X Australian Bank Credit ETF (BANK). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
WVOL | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 6 | 12 |
Median incremental investment | $3,138.00 | $994.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $4,739.06 | $2,263.19 |
Average age group | > 35 | > 35 |
Key Summary
WVOL | BANK | |
|---|---|---|
Strategy | WVOL.AX was created on 2016-10-11 by iShares. The fund's investment portfolio concentrates primarily on total market equity. The fund aims to provide investors with the performance of the MSCI World Minimum Volatility (AUD) Index, before fees and expenses. | 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 | EXXON MOBIL CORP (1.24 %) JOHNSON & JOHNSON (1.12 %) DUKE ENERGY CORP (1.01 %) | National Australia Bank Ltd Hybrid Security (3.27 %) National Australia Bank Ltd Hybrid Securiy (2.79 %) Westpac Banking Corp Cap Note 3-bbsw+3.10% Perp Non-cum Red T-09-31 (2.44 %) |
Top 3 industries | Information Technology (20.14 %) Health Care (13.50 %) Consumer Staples (10.71 %) | |
Top 3 countries | United States (66.15 %) Japan (10.60 %) Canada (4.16 %) | |
Management fee | 0.3 % | 0.25 % |
Key Summary
WVOL | BANK | |
|---|---|---|
Issuer | iShares | Global X |
Tracking index | MSCI World Minimum Volatility (AUD) Index - AUD | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross |
Asset class | ETF | ETF |
Management fee | 0.3 % | 0.25 % |
Price | $44.80 | $9.97 |
Size | $79.574 million | $189.569 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.73 % | 3.42 % |
Market | ASX | ASX |
First listed date | 14/10/2016 | 23/07/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
WVOL | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 6 | 12 |
Median incremental investment | $3,138.00 | $994.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $4,739.06 | $2,263.19 |
Average age group | > 35 | > 35 |
Pros and Cons
WVOL | BANK | |
|---|---|---|
Pros |
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Cons |
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WVOL | BANK |
|---|---|
Higher exposure to US market | Lower exposure to US market |
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |