At a glance
Side-by-side comparison
| Metric |
QPON
BetaShares Australian Bank Senior Floating Rate Bond ETF
|
FLOT
VanEck Australian Floating Rate ETF
|
|---|---|---|
| Snapshot | ||
| Provider |
BetaShares
|
VanEck
|
| Tracks index |
Solactive Australian Bank Senior Floating Rate Bond Index
|
—
|
| Categories |
Bonds, AU
|
Bonds, AU
|
| Listed since |
—
|
—
|
| Fund size (AUM) |
$2.2bn
|
$1.2bn
|
| Cost & income | ||
| Management fee |
0.22%
|
0.22%
|
| Dividend yield |
4.13%
|
4.46%
|
| Franking |
0%
|
0%
|
| Turnover |
30%
|
30%
|
| Tax drag | 2.04% | 2.15% |
| Returns |
Tax bracket
|
|
| 1-year return |
5.1%
net
|
4.7%
net
|
| 3-year return |
5.5%
net
|
5%
net
|
| 5-year return |
4%
net
|
3.7%
net
|
| 10-year return |
—
|
—
|
| Risk | ||
| Volatility (3y) |
0.5%
|
0.3%
|
| Volatility (5y) |
0.9%
|
0.7%
|
| Volatility (10y) |
—
|
—
|
| Sharpe ratio (3y) |
2.67
|
—
|
| Sharpe ratio (5y) |
1.09
|
1.26
|
| 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 4.13% income yield.
- Has lagged most peers over 3 years (172nd of 226).
- Low-cost: a 0.22% management fee keeps more of the return in your pocket.
- Pays a useful 4.46% income yield.
- Has lagged most peers over 3 years (178th of 226).
Frequently Asked Questions
QPON and FLOT are 2 Australian-listed ETFs we compare side by side. QPON carries the lower management fee (0.22%). Over 5 years, QPON has delivered the higher total return (4% a year). The table above breaks down fees, returns, income and risk for each.
QPON has the lower management fee at 0.22% a year, versus FLOT 0.22%.
Over the past 5 years, QPON has delivered the higher total return at 4% a year. Past performance is not a reliable indicator of future returns.
FLOT pays the higher at 4.46%. Remember distributions are taxed each year at your marginal rate.
QPON is the larger fund by assets ($2.2bn). 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.