It’s time to run a ruler over Vanguard FTSE Europe Shares ETF (ASX: VEQ) and SPDR Dow Jones Global Select Real Estate Fund ETF (ASX: DJRE). The ETFs invest across the International shares sector.
The Vanguard VEQ ETF (ASX:VEQ)
The Vanguard VEQ ETF provides investors with exposure to a diversified portfolio of large-cap companies listed in major European markets.
According to our most recent data, the VEQ ETF had $233.67 million of money invested. With VEQ’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 VEQ ETF, read our free ETF investment report once you’re done with this article.
SPDR DJRE ETF (ASX:DJRE)
The DJRE ETF by SPDR invests in global shares/securities of listed real estate investment trusts (REITs). Investors can use these property-focused ETFs to get global exposure to a broad basket of trusts and companies exposed to property, including office spaces, commercial rental spaces and construction projects.
With our numbers for December 2020, DJRE’s FUM stood at $339.85 million. Since the DJRE’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.
Are the fees for the DJRE ETF bad?
SPDR, the ETF issuer, charges a yearly management fee of 0.50% for the DJRE ETF. Meaning, if you invested $2,000 for a full 12-month period you could expect to pay a base management fee of around $10.00.
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 DJRE ETF report by clicking here.
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