PLUS vs BANK - Compare ETFs side by side

At a glance

Comparing PLUS and BANK. BANK has the lower management fee at 0.25% a year, BANK has the higher 1 year return at 3.4% a year, and BANK offers the higher at 4.56%.

Lower fee

BANK 0.25% p.a.

Higher 1 year return

BANK 3.4% p.a.

Higher yield

BANK 4.56%

Larger fund

PLUS $404m

Side-by-side comparison

Metric	PLUS VanEck Australian Corporate Bond Plus ETF	BANK Global X Australian Bank Credit ETF
Snapshot
Provider	VanEck	Global X
Tracks index	—	—
Categories	Bonds, AU	Bonds, AU
Listed since	—	—
Fund size (AUM)	$404m	$189m
Cost & income
Management fee	0.32%	0.25%
Dividend yield	4.52%	4.56%
Franking	0%	0%
Turnover	40%	20%
Tax drag	2.41%	1.94%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	0.2% net	3.4% net
3-year return	5.3% net	—
5-year return	1.3% net	—
10-year return	—	—
Risk
Volatility (3y)	3.5%	—
Volatility (5y)	5.1%	—
Volatility (10y)	—	—
Sharpe ratio (3y)	0.31	—
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

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 4.52% income yield.

Has lagged most peers over 5 years (149th of 189).

Full PLUS 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 4.56% income yield.

Cheaper alternatives exist: ICOR and VACF.

Full BANK analysis →

Frequently Asked Questions

What's the difference between PLUS vs BANK?

PLUS and BANK 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 (3.4% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - PLUS vs BANK?

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

Which has performed higher - PLUS vs BANK?

Over the past 1 year, BANK has delivered the higher total return at 3.4% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

BANK pays the higher at 4.56%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

PLUS is the larger fund by assets ($404m). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

PLUS vs VACF PLUS vs CRED PLUS vs ICOR PLUS vs HCRD PLUS vs ECRD PLUS vs ICME BANK vs VACF BANK vs CRED

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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.