The BetaShares FTSE RAFI Australia 200 ETF (ASX:QOZ)
The BetaShares QOZ ETF provides exposure to a âfundamentally weightedâ index of 200 large Australian shares. This ETF focuses on weighting the portfolio with a focus on âeconomic importanceâ rather than market capitalisation, while also aiming to outperform traditional market-cap weighted indices.
According to our most recent data, the QOZ ETF had $406.04 million of money invested. With QOZ’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 Australian 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 QOZ ETF, read our free ETF investment report once you’re done with this article.
Vanguard FTSE Europe Shares ETF (ASX:VEQ)
The Vanguard VEQ ETF provides investors with exposure to a diversified portfolio of large-cap companies listed in major European markets.
With our numbers for July 2022, VEQ’s FUM stood at $288.08 million. Since the VEQ’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.
A look at the VEQ ETF fee load?
Vanguard, the ETF issuer, charges a yearly management fee of 0.35% for the VEQ ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $7.00.
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 VEQ ETF report by clicking here.
