Don’t you wonder if now is the time to start analysing the SPDR S&P World ex Australian (Hedged) Fund ETF (ASX: WXHG) and BetaShares Australian Sustainability Leaders ETF (ASX: FAIR)? These Exchange-Traded Funds (ETFs) aim to provide exposure to the International shares and Australian shares sectors, respectively.
Is the WXHG ETF a good investment? Here’s where you start…
The SPDR WXHG Fund invests in shares of larger companies listed on stock markets outside of Australia, and provides a hedged exposure.
According to our most recent data, the WXHG ETF had $150.32 million of money invested. With WXHG’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.
Get our team’s WXHG ETF review, available free when you click this link: access the free investment report.
A quick take of the FAIR ETF
The BetaShares FAIR ETF provides exposure to the largest Australian shares and focuses on companies which operate ethically. FAIR has been certified by the Responsible Investment Association Australasia (RIAA), as part of the Responsible Investment Certification Program.
With our numbers for December 2021, FAIR’s FUM stood at $1346.15 million. Since the FAIR’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.
A look at the FAIR ETF fee load?
BetaShares, the ETF issuer, charges a yearly management fee of 0.0049 for the FAIR ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $9.80.
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: you can get our full ETF review of FAIR by clicking here?
