It’s time to run a ruler over iShares Core MSCI World All Cap ETF (ASX: IWLD) and SPDR S&P/ASX 50 ETF (ASX: SFY). The ETFs invest in the International shares and Australian shares sectors/industries, respectively.
The iShares IWLD ETF (ASX:IWLD)
The iShares IWLD ETF provides investors with exposure to a globally diversified portfolio of over 3,800 companies. This is a low-cost way to access global companies from developed markets through a single fund.
According to our most recent data, the IWLD ETF had $213.6 million of money invested. With IWLD’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 IWLD ETF, read our free ETF investment report once you’re done with this article.
SPDR SFY ETF (ASX:SFY)
The SPDR SFY ETF is the only Australian ETF providing exposure to Australia’s top 50 listed companies, by market capitalisation. SFY provides a low-cost way to invest in the ASX’s top 50 companies through a single fund.
With our numbers for October 2021, SFY’s FUM stood at $762.5 million. Since the SFY’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 SFY ETF bad?
SPDR, the ETF issuer, charges a yearly management fee of 0.29% for the SFY ETF. Meaning, if you invested $2,000 for a full 12-month period you could expect to pay a base management fee of around $5.80.
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 SFY ETF report by clicking here.
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