The BetaShares Ethical Diversified Growth ETF (ASX:DGGF)
The BetaShares DGGF ETF provides investors with a diversified portfolio of ethical assets, including shares and bonds, by screening out unethical industries and giving preference to sustainable companies.
According to our most recent data, the DGGF ETF had $23.7 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 DGGF ETF, read our free ETF investment report once you’re done with this article.
iShares S&P Asia 50 ETF (ASX:IAA)
The iShares IAA ETF provides exposure to the performance of 50 large, established Asian companies listed on the stock exchanges of China, Hong Kong, South Korea, Singapore, Taiwan, and Macau.
With our numbers for July 2022, IAA’s FUM stood at $665.39 million. Since the IAA’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.
A look at the IAA ETF fee load?
iShares, the ETF issuer, charges a yearly management fee of 0.51% for the IAA ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $10.20.
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 IAA ETF report by clicking here.
