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Compare AU

Compare ALFA vs. MKAX

Compare shares and ETFs on the ASX that you can trade on Pearler.

VanEck Australian Long Short Complex ETF

ASX

Buy

Buy

Overview
Performance

Overview

When it comes to investing in the Australian stock market, Exchange-Traded Funds (ETFs) are a popular choice. Two well-known options in the Australian Securities Exchange (ASX) are the VanEck Australian Long Short Complex ETF (ALFA) and the Montaka Global Extension Fund - Complex ETF (MKAX). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.

Community Stats

ALFA

MKAX

Popularity

Low

Low

Pearlers invested

17

1

Median incremental investment

$996.75

$4,990.50

Median investment frequency

Fortnightly

Fortnightly

Median total investment

$2,081.20

$4,558.40

Average age group

> 35

26 - 35

Key Summary

ALFA

MKAX

Strategy

ALFA.AX was created on 2025-01-21 by VanEck. The fund's investment portfolio concentrates primarily on long/short alternatives. The Fund aims to outperform the S&P/ASX 200 Accumulation Index (Benchmark) over the medium to long term after fees and other costs. There is no guarantee that this objective will be achieved.

MKAX.AX was created on 2020-06-24 by Montaka. The fund's investment portfolio concentrates primarily on long/short alternatives. The Fund aims to provide Unitholders with long term capital growth, with a focus on managing downside risk.

Top 3 holdings

Woodside Energy Group Ltd (7.19 %)

Telstra Group Ltd (5.98 %)

Transurban Group (4.99 %)

KKR & Co Inc Ordinary Shares (16.20 %)

Amazon.com Inc (15.25 %)

Blackstone Inc (14.34 %)

Top 3 industries

Financials (30.27 %)

Information Technology (27.44 %)

Consumer Discretionary (21.33 %)

Top 3 countries

Australia (100.00 %)

United States (88.72 %)

China (4.98 %)

Australia (2.24 %)

Management fee

0.39 %

1.25 %

Key Summary

ALFA

MKAX

Issuer

VanEck

Montaka

Tracking index

Asset class

ETF

ETF

Management fee

0.39 %

1.25 %

Price

$23.65

$2.96

Size

$33.637 million

N/A

10Y return

N/A

N/A

Annual distribution yield (5Y)

0.51 %

5.95 %

Market

ASX

ASX

First listed date

22/01/2025

23/06/2020

Purchase fee

$6.50

$6.50

Community Stats

ALFA

MKAX

Popularity

Low

Low

Pearlers invested

17

1

Median incremental investment

$996.75

$4,990.50

Median investment frequency

Fortnightly

Fortnightly

Median total investment

$2,081.20

$4,558.40

Average age group

> 35

26 - 35

Pros and Cons

ALFA

MKAX

Pros

  • Higher exposure to AU market

  • Lower management fee

  • Higher price growth

  • Higher exposure to US market

  • Higher distribution yield

Cons

  • Lower exposure to US market

  • Lower distribution yield

  • Lower exposure to AU market

  • Higher management fee

  • Lower price growth

ALFA

MKAX

Higher exposure to AU market

Lower exposure to AU market

Lower exposure to US market

Higher exposure to US market

Lower management fee

Higher management fee

Higher price growth

Lower price growth

Lower distribution yield

Higher distribution yield