It’s time to run a ruler over SPDR S&P Global Dividend Fund ETF (ASX: WDIV) and Betashares Australian Ex-20 Portfolio Diversifier ETF (ASX: EX20). The ETFs invest in the International shares and Australian shares sectors/industries, respectively.
The SPDR WDIV ETF (ASX:WDIV)
WDIV invests in shares of global companies that have a strong track record for paying dividends to their investors (i.e. they have paid a dividend for at least 10 years in a row).
According to our most recent data, the WDIV ETF had $270.41 million of money invested. With WDIV’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 International shares 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 WDIV ETF, read our free ETF investment report once you’re done with this article.
Betashares EX20 ETF (ASX:EX20)
The BetaShares EX20 ETF provides exposure to the largest 180 Australian shares, based on market capitalisation, excluding the top 20.
With our numbers for December 2020, EX20’s FUM stood at $167.29 million. Since the EX20’s FUM is over $100 million, our investing team would say the ETF has met our minimum criteria for the total amount invested, otherwise known as FUM. A very sustainable ETF in the Index sector should be able to scale well and become profitable for the ETF issuer.
Are the fees for the EX20 ETF bad?
Betashares, the ETF issuer, charges a yearly management fee of 0.25% for the EX20 ETF. Meaning, if you invested $2,000 for a full 12-month period you could expect to pay a base management fee of around $5.00.
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 EX20 ETF report by clicking here.