VanEck Australian Floating Rate ETF vs Betashares Global Green Bond Currency Hedged ETF
These ETFs invest in different asset classes (shares vs bonds). They are unlikely to share holdings.
Scored across Cost (35%), Fund size (20%), Holdings breadth (25%), Income (20%). Past performance is excluded.
See full breakdown ↓Overlap is calculated from each fund's full published holdings list. These funds invest in different markets, so the expected overlap is approximately 0%.
FLOT and GBND are both Bonds ETFs. FLOT tracks the Bloomberg AusBond Credit FRN 0+ Yr Index and GBND tracks the Solactive Global IG Fixed Rate Green Bond Index - AUD Hedged. FLOT has the lower management fee (0.22% vs 0.39% p.a.). A holdings overlap is not reliably estimable for this pair.
VanEck Australian Floating Rate ETF
VanEck
Betashares Global Green Bond Currency Hedged ETF
BetaShares
Comparison scores reflect how each ETF compares to the other on these specific dimensions only. They are not absolute ratings or recommendations.
Key differences at a glance
FLOT and GBND suit different goals rather than one being "better" than the other. The clearest differences:
Category scores compare these two ETFs only and are not absolute ratings.
FLOT has the lower management fee - the one objective "cheaper" axis.
FLOT is the larger fund. Larger is not inherently better, but greater scale can support tighter spreads and lower closure risk.
GBND spreads exposure across more holdings (FLOT 228, GBND 464); the other is more concentrated. Neither is inherently better - it depends on whether you want breadth or a focused tilt.
FLOT distributes approximately 5% and GBND approximately 2.49%; FLOT carries the higher estimated distribution yield. A higher yield may suit an income focus; a lower one may suit a growth or tax-efficiency focus. Yields are estimates and are not guaranteed; past performance is not a reliable indicator of future returns.
Green highlights the factually lower fee or higher scale/income figure. Performance is never highlighted. Data from issuer disclosures, reviewed quarterly; sector and geography figures for some funds are category-inferred estimates, clearly labelled on each fund's page.
Yield figures are estimates based on recent distributions and may vary. Past distributions are not a reliable indicator of future distributions.
Past performance is not a reliable indicator of future returns.
Top 10 listed holdings for each fund, from issuer disclosures.
FLOT top holdings
GBND top holdings
Based on each fund's most recently published sector and geographic weightings; figures are approximate. Full breakdowns are shown below.
Sector weights for GBNDare approximate, inferred from the fund's category.
FLOT sectors
GBND sectors
FLOT geography
GBND geography
FLOT and GBND can each make sense depending on your objectives, horizon and existing portfolio. The key differences are near the top of this page, and the full side-by-side data is below.
FLOT and GBND do not share enough listed top holdings to reliably estimate a holdings overlap. Compare their fees, holdings and sectors on this page.
FLOT has the lower management fee. FLOT charges 0.22% per year ($22 per year on a $10,000 investment) and GBND charges 0.39% per year ($39 per year on a $10,000 investment). The difference is $17 per year per $10,000 invested.
FLOT (VanEck Australian Floating Rate ETF) manages approximately $1.2B and GBND (Betashares Global Green Bond Currency Hedged ETF) manages approximately $206.4M. Fund size can affect liquidity and bid-ask spreads but does not by itself change the management fee.
FLOT and GBND do not share enough listed top holdings to estimate overlap, so whether holding both duplicates your exposure depends on their full constituent lists.
There is no universally right choice. It depends on your goals, time horizon and existing holdings. FLOT charges 0.22% and GBND charges 0.39%, so FLOT has the lower management fee. Compare their fees, holdings and sectors above and consider each fund's Product Disclosure Statement and Target Market Determination.
General information only.This comparison and the ETFLens tools on this page provide general information about two exchange-traded funds and do not take into account your personal objectives, financial situation or needs. It is not personal financial product or investment advice. ETFLens does not hold an Australian Financial Services Licence (AFSL). Holdings overlap is calculated from each fund's published holdings (full lists where the issuer publishes one, listed top holdings otherwise), and fee data is sourced from fund manager PDS documents and updated quarterly. Past performance is not a reliable indicator of future returns. Consider each fund's Product Disclosure Statement (PDS) and Target Market Determination (TMD), and seek advice from a registered tax agent or licensed financial adviser, before making investment decisions.
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