At a glance
Side-by-side comparison
| Metric |
FLOT
VanEck Australian Floating Rate ETF
|
QPON
BetaShares Australian Bank Senior Floating Rate Bond ETF
|
|---|---|---|
| Snapshot | ||
| Provider |
VanEck
|
BetaShares
|
| Tracks index |
—
|
Solactive Australian Bank Senior Floating Rate Bond Index
|
| Categories |
Bonds, AU
|
Bonds, AU
|
| Listed since |
—
|
—
|
| Fund size (AUM) |
$1.3bn
|
$2.4bn
|
| Cost & income | ||
| Management fee |
0.22%
|
0.22%
|
| Dividend yield |
4.52%
|
4.29%
|
| Franking |
0%
|
0%
|
| Turnover |
30%
|
30%
|
| Tax drag | 2.17% | 2.09% |
| Returns |
Tax bracket
|
|
| 1-year return |
4.5%
net
|
4.8%
net
|
| 3-year return |
5%
net
|
5.4%
net
|
| 5-year return |
3.9%
net
|
4.2%
net
|
| 10-year return |
—
|
—
|
| Risk | ||
| Volatility (3y) |
0.3%
|
0.5%
|
| Volatility (5y) |
0.7%
|
0.9%
|
| Volatility (10y) |
—
|
—
|
| Sharpe ratio (3y) |
2.92
|
2.51
|
| Sharpe ratio (5y) |
1.29
|
1.15
|
| 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
- Low-cost: a 0.22% management fee keeps more of the return in your pocket.
- Pays a useful 4.52% income yield.
- Has lagged most peers over 3 years (184th of 236).
- Low-cost: a 0.22% management fee keeps more of the return in your pocket.
- Pays a useful 4.29% income yield.
- Has lagged most peers over 3 years (180th of 236).
Frequently Asked Questions
FLOT and QPON are 2 Australian-listed ETFs we compare side by side. FLOT carries the lower management fee (0.22%). Over 5 years, QPON has delivered the higher total return (4.2% a year). The table above breaks down fees, returns, income and risk for each.
FLOT has the lower management fee at 0.22% a year, versus QPON 0.22%.
Over the past 5 years, QPON has delivered the higher total return at 4.2% a year. Past performance is not a reliable indicator of future returns.
FLOT pays the higher at 4.52%. Remember distributions are taxed each year at your marginal rate.
QPON is the larger fund by assets ($2.4bn). Larger funds are typically more liquid and trade on tighter spreads.
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.