Are the VBND and SNAS ETFs worth watching in Oct?

It’s time to run a ruler over Vanguard Global Aggregate Bond Index (Hedged) ETF (ASX: VBND) and Global X ETFS Ultra Short Nasdaq 100 Hedge Fund (ASX: SNAS). The ETFs invest in the Fixed interest – International and International shares sectors/industries, respectively.

The Vanguard Global Aggregate Bond Index (Hedged) ETF (ASX:VBND)

The Vanguard VBND ETF provides investors with exposure to government debt and investment-grade corporate debt from developed markets around the world.

According to our most recent data, the VBND ETF had $489.11 million of money invested. With VBND’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 Fixed interest – International 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 VBND ETF, read our free ETF investment report once you’re done with this article.

Global X ETFS Ultra Short Nasdaq 100 Hedge Fund (ASX:SNAS)

The Global X Ultra Short Nasdaq 100 Hedge Fund (ASX: SNAS) is an ETF designed for trading, since it provides a negative (or ‘inverse’ or ‘opposite’) exposure to the popular Nasdaq-100 index.

With our numbers for July 2022, SNAS’s FUM stood at $34.24 million. Given it has less than $100 million invested, ask yourself (or your adviser) if the ETF is still too small (and if you should wait to buy into it). If you’re concerned the ETF might not be established enough, compare it alongside one of the other Hedge fund sector ETFs, using our full list of ETFs.

A look at the SNAS ETF fee load?

Global X, the ETF issuer, charges a yearly management fee of 1.% for the SNAS ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $20.00.

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 SNAS ETF report by clicking here.

$50,000 per year in passive income from shares? Yes, please!

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his brand new passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

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