CRED vs BANK - Compare ETFs side by side

At a glance

Comparing CRED and BANK. CRED has the lower management fee at 0.25% a year, BANK has the higher 1 year return at 4.2% a year, and CRED offers the higher at 5.23%.

Lower fee

CRED 0.25% p.a.

Higher 1 year return

BANK 4.2% p.a.

Higher yield

CRED 5.23%

Larger fund

CRED $1.9bn

Side-by-side comparison

Metric	CRED BetaShares Australian Investment Grade Bond ETF	BANK Global X Australian Bank Credit ETF
Snapshot
Provider	BetaShares	Global X
Tracks index	Solactive Australian Investment Grade Corporate Bond Select TR Index	—
Categories	Bonds, AU	Bonds, AU
Listed since	—	—
Fund size (AUM)	$1.9bn	$189m
Cost & income
Management fee	0.25%	0.25%
Dividend yield	5.23%	4.73%
Franking	0%	0%
Turnover	30%	20%
Tax drag	2.39%	1.99%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	1.5% net	4.2% net
3-year return	6.5% net	—
5-year return	0.9% net	—
10-year return	—	—
Risk
Volatility (3y)	5.1%	—
Volatility (5y)	7%	—
Volatility (10y)	—	—
Sharpe ratio (3y)	0.48	—
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

CRED BetaShares Australian Investment Grade Bond ETF

Low-cost: a 0.25% management fee keeps more of the return in your pocket.
Pays a useful 5.23% income yield.

Has lagged most peers over 5 years (158th of 188).

Full CRED analysis →

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.

Full BANK analysis →

Frequently Asked Questions

What's the difference between CRED vs BANK?

CRED and BANK are 2 Australian-listed ETFs we compare side by side. CRED 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 - CRED vs BANK?

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

Which has performed higher - CRED vs BANK?

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?

CRED pays the higher at 5.23%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

CRED is the larger fund by assets ($1.9bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

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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.