It’s time to run a ruler over iShares S&P Europe ETF (ASX: IEU) and VanEck Vectors MSCI World Ex-Australia Quality ETF (ASX: QUAL). The ETFs invest across the International shares sector.
The iShares IEU ETF (ASX:IEU)
The iShares IEU ETF provides investors with a broad exposure to leading European companies. This is a low-cost way to access a variety of European companies through a single fund.
According to our most recent data, the IEU ETF had $549.13 million of money invested. With IEU’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 IEU ETF, read our free ETF investment report once you’re done with this article.
VanEck QUAL ETF (ASX:QUAL)
The VanEck QUAL ETF gives investors exposure to large companies from developed countries around the world, excluding Australia.
With our numbers for Dec 2020, QUAL’s FUM stood at $1525.38 million. Since the QUAL’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 Quality factor sector should be able to scale well and become profitable for the ETF issuer.
Are the fees for the QUAL ETF bad?
VanEck, the ETF issuer, charges a yearly management fee of 0.4% for the QUAL ETF. Meaning, if you invested $2,000 for a full 12-month period you could expect to pay a base management fee of around $8.00.
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 QUAL ETF report by clicking here.
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