It’s time to run a ruler over iShares FTSE China Large-Cap ETF (ASX: IZZ) and Vanguard Australian Property Securities Index ETF (ASX: VAP). The ETFs invest in the International shares and Australian shares sectors/industries, respectively.
The iShares IZZ ETF (ASX:IZZ)
The iShares IZZ ETF provides investors with exposure to the 50 largest and most liquid companies in China which are listed on the Hong Kong Stock Exchange.
According to our most recent data, the IZZ ETF had $185.97 million of money invested. With IZZ’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 IZZ ETF, read our free ETF investment report once you’re done with this article.
Vanguard VAP ETF (ASX:VAP)
The Vanguard VAP ETF provides investors with low-cost exposure to listed Australian property companies and real estate investment trusts (REITs).
With our numbers for December 2021, VAP’s FUM stood at $2645.03 million. Since the VAP’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 Property sector should be able to scale well and become profitable for the ETF issuer.
A look at the VAP ETF fee load?
Vanguard, the ETF issuer, charges a yearly management fee of 0.0023 for the VAP ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $4.60.
This management fee is below the average for all ETFs on our Best ETFs Australia list of ETFs. However, you might still be able to find a cheaper ETF for less.
Did you know that you get access to our free investment report on Best ETFs Australia? View the free VAP ETF report by clicking here.
