Grow it · ETFs

BANK vs PLUS

Compare fees, returns, income and risk for these 2 ASX-listed ETFs side by side.

At a glance

Comparing BANK and PLUS. BANK has the lower management fee at 0.25% a year, BANK has the higher 1 year return at 4.2% a year, and BANK offers the higher at 4.73%.
Lower fee
BANK 0.25% p.a.
Higher 1 year return
BANK 4.2% p.a.
Higher yield
BANK 4.73%
Larger fund
PLUS $357m

Side-by-side comparison

Metric BANK
Global X Australian Bank Credit ETF
PLUS
VanEck Australian Corporate Bond Plus ETF
Snapshot
Provider
Global X
VanEck
Tracks index
Categories
Bonds, AU
Bonds, AU
Listed since
Fund size (AUM)
$189m
$357m
Cost & income
Management fee
0.25%
0.32%
Dividend yield
4.73%
4.38%
Franking
0%
0%
Turnover
20%
40%
Tax drag 1.99% 2.36%
Returns
Tax bracket
1-year return
4.2%
net
2%
net
3-year return
5.7%
net
5-year return
1.3%
net
10-year return
Risk
Volatility (3y)
3.5%
Volatility (5y)
5.1%
Volatility (10y)
Sharpe ratio (3y)
0.44
Sharpe ratio (5y)
Sharpe ratio (10y)
Bid/ask spread

marks the strongest fund in each row. “net” shows the after-tax return at your selected bracket. “—” means we don’t have that data point yet.

Each fund at a glance

BANK Global X Australian Bank Credit ETF
  • Low-cost: a 0.25% management fee keeps more of the return in your pocket.
  • Pays a useful 4.73% income yield.
  • Cheaper alternatives exist: ICOR and VACF.
PLUS VanEck Australian Corporate Bond Plus ETF
  • Low-cost: a 0.32% management fee keeps more of the return in your pocket.
  • Pays a useful 4.38% income yield.
  • Has lagged most peers over 5 years (155th of 188).

Frequently Asked Questions

What's the difference between BANK vs PLUS?

BANK and PLUS are 2 Australian-listed ETFs we compare side by side. BANK carries the lower management fee (0.25%). Over 1 year, BANK has delivered the higher total return (4.2% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - BANK vs PLUS?

BANK has the lower management fee at 0.25% a year, versus PLUS 0.32%.

Which has performed higher - BANK vs PLUS?

Over the past 1 year, BANK has delivered the higher total return at 4.2% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

BANK pays the higher at 4.73%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

PLUS is the larger fund by assets ($357m). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

General information only, generated from each fund's published data — not personal financial advice. Past performance is not a reliable indicator of future returns. Consider your own circumstances or seek licensed advice before investing.

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