It’s time to run a ruler over BetaShares Crude Oil Index ETF-Currency Hedged (Synthetic) ETF (ASX: OOO) and Vanguard MSCI International Small Companies Index ETF (ASX: VISM). The ETFs invest in the Commodities and International shares sectors/industries, respectively.
The BetaShares OOO ETF (ASX:OOO)
The BetaShares OOO ETF provides investors with exposure to crude oil futures, hedged into Australian dollars.
According to our most recent data, the OOO ETF had $220.4 million of money invested. With OOO’s total funds under management (FUM) figure over $100 million, the ETF meets our team’s minimum investment criteria for FUM levels. As a general rule, our team draws the line at $100 million for ETFs in the Commodities sector because we believe that, relative to smaller ETFs, achieving this amount of FUM lowers the chance that the ETF issuer will close the ETF.
To learn more about the OOO ETF, read our free ETF investment report once you’re done with this article.
Vanguard VISM ETF (ASX:VISM)
The Vanguard VISM ETF provides investors with exposure to a diversified portfolio of small-cap companies from developed countries around the world, excluding Australia.
With our numbers for December 2020, VISM’s FUM stood at $73.9 million. Given it has less than $100 million invested, ask yourself (or your adviser) if the ETF is still too small (and if you should wait to buy into it). If you’re concerned the ETF might not be established enough, compare it alongside one of the other Growth factor sector ETFs, using our full list of ETFs.
Are the fees for the VISM ETF bad?
Vanguard, the ETF issuer, charges a yearly management fee of 0.32% for the VISM ETF. Meaning, if you invested $2,000 for a full 12-month period you could expect to pay a base management fee of around $6.40.
The management fee is above the average for all ETFs on our list of ASX ETFs, but keep in mind the ETF may be able to justify the higher price tag with superior performance over time.
Did you know that you get access to our free investment report on Best ETFs Australia? View the free VISM ETF report by clicking here.