QUAL and WXOZ: 2 ASX ETFs to follow

In this article, we’ll try to explain why the VanEck Vectors MSCI World Ex-Australia Quality ETF (ASX: QUAL) and SPDR S&P World ex Australian Fund ETF (ASX: WXOZ) are two ASX ETFs worth taking a look at in FY21.

Some things you should know about the QUAL ETF

The VanEck QUAL ETF gives investors exposure to large companies from developed countries around the world, excluding Australia.

According to our most recent data, the QUAL ETF had $2831.33 million of money invested. With QUAL’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.

Like the look of the QUAL ETF? Grab our ETF free investment report.

The WXOZ ETF – a quick look for savvy investors

The SPDR WXOZ Fund invests in shares of larger companies listed on stock markets outside of Australia, without hedging.

With our numbers for December 2021, WXOZ’s FUM stood at $301.04 million. Since the WXOZ’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 WXOZ ETF bad?

SPDR, the ETF issuer, charges a yearly management fee of 0.30% for the WXOZ ETF. Meaning, if you invested $2,000 for a full 12-month period you could expect to pay a base management fee of around $6.00.

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.

The SPDR WXOZ ETF might be one idea for the watchlist but before you go any further, click here to get our full ETF review – it’s free.

$50,000 per year in passive income from shares? Yes, please!

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his brand new passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

You can INSTANTLY access Owen’s report, and 24/7 access to the Rask community, for FREE by CLICKING HERE NOW or the button below.

Unsubscribe anytime. Read our TermsFinancial Services GuidePrivacy Policy. We’ll never sell your email address. Our company is Australian owned.

Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.