GDX and ISO: 2 ASX ETFs to follow

In this article, we’ll try to explain why the VanEck Vectors Gold Miners ETF (ASX: GDX) and iShares S&P/ASX Small Ordinaries ETF (ASX: ISO) are two ASX ETFs worth taking a look at in FY21.

Some things you should know about the GDX ETF

The VanEck GDX ETF gives investors exposure to companies from around the world which are involved primarily in gold mining.

According to our most recent data, the GDX ETF had $390.44 million of money invested. With GDX’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.

Like the look of the GDX ETF? Grab our ETF free investment report.

The ISO ETF – a quick look for savvy investors

The iShares ISO ETF provides exposure to 200 small cap Australian shares. This is a low-cost way to access small Australian companies through a single fund.

With our numbers for July 2022, ISO’s FUM stood at $121.13 million. Since the ISO’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 ISO ETF fee load?

iShares, the ETF issuer, charges a yearly management fee of 0.55% for the ISO ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $11.00.

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.

The iShares ISO ETF might be one idea for the watchlist but before you go any further, click here to get our full ETF review – it’s free.

$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.

You can INSTANTLY access Owen’s report, and 24/7 access to the Rask community, for FREE by CLICKING HERE NOW or the button below.

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