It’s time to run a ruler over ETF Securities SelfWealth SMSF Leaders ETF (ASX: SELF) and BetaShares BetaShares Global Sustainability Leaders ETF – CH (ASX: HETH). The ETFs invest in the Australian shares and International shares sectors/industries, respectively.
The ETF Securities SELF ETF (ASX:SELF)
The SelfWealth SELF ETF is an actively managed portfolio of Australian companies, which tracks an index that is made up of top performing SelfWealth member SMSF portfolios.
According to our most recent data, the SELF ETF had $4.34 million of money invested. Given its funds under management (also known as FUM or ‘market cap’) is less than $100 million, you should consider if this ETF is still too small and if it is sustainable for the ETF issuer. At Best ETFs we say an ETF with more than $100 million invested is typically more sustainable than one with less than $100 million (at least). However, there are exceptions to this general rule, especially if the ETF issuer/provider is reputable and committed to growing the ETF’s FUM through effective marketing strategies and distribution to financial advisers.
To learn more about the SELF ETF, read our free ETF investment report once you’re done with this article.
BetaShares Global Sustainability Leaders ETF – CH (ASX:HETH)
The BetaShares HETH ETF provides investors with a currency-hedged exposure to a diversified portfolio of global companies that fit within the environmental, social and governance (ESG) framework set, along with screening out companies with significant exposure to fossil fuels. HETH has been certified by the Responsible Investment Association Australasia (RIAA), as part of the Responsible Investment Certification Program. The HETH ETF invests in teh BetaShares ETHI ETF.
With our numbers for December 2021, HETH’s FUM stood at $176.45 million. Since the HETH’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 Ethical sector should be able to scale well and become profitable for the ETF issuer.
Are the fees for the HETH ETF bad?
BetaShares, the ETF issuer, charges a yearly management fee of 0.62% for the HETH ETF. Meaning, if you invested $2,000 for a full 12-month period you could expect to pay a base management fee of around $12.40.
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 HETH ETF report by clicking here.
