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Compare BBOZ vs. MKAX
Compare shares and ETFs on the ASX that you can trade on Pearler.
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 Betashares Aus Equities Strong Bear Complex ETF (BBOZ) 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
BBOZ | MKAX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 13 | 1 |
Median incremental investment | $3,054.75 | $860.42 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,209.88 | $2,115.09 |
Average age group | > 35 | 26 - 35 |
Key Summary
BBOZ | MKAX | |
|---|---|---|
Strategy | BBOZ.AX was created on 2015-04-17 by BetaShares. The fund's investment portfolio concentrates primarily on large cap equity. The Fund aims to help investors profit from, or protect against, a declining Australian share market. It seeks to generate magnified returns that are negatively correlated to the returns of the Australian share market (as measured by the S&P/ASX 200 Index) | 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 | SPI 200 FUTURES DEC26 (0 %) AUD - AUSTRALIA DOLLAR (81.65 %) BETASHARES AUSTRALIAN CASH PLUS FUND (18.35 %) | KKR & Co Inc Ordinary Shares (16.20 %) Amazon.com Inc (15.25 %) Blackstone Inc (14.34 %) |
Top 3 industries | Other (68.91 %) Communication Services (31.09 %) | Financials (30.27 %) Information Technology (27.44 %) Consumer Discretionary (21.33 %) |
Top 3 countries | United States (88.72 %) China (4.98 %) Australia (2.24 %) | |
Management fee | 1.38 % | 1.25 % |
Key Summary
BBOZ | MKAX | |
|---|---|---|
Issuer | BetaShares | Montaka |
Tracking index | ||
Asset class | ETF | ETF |
Management fee | 1.38 % | 1.25 % |
Price | $21.96 | $3.31 |
Size | $164.523 million | N/A |
10Y return | 3.68 % | N/A |
Annual distribution yield (5Y) | 0.67 % | 7.00 % |
Market | ASX | ASX |
First listed date | 20/04/2015 | 23/06/2020 |
Purchase fee | $6.50 | $6.50 |
Community Stats
BBOZ | MKAX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 13 | 1 |
Median incremental investment | $3,054.75 | $860.42 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,209.88 | $2,115.09 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
BBOZ | MKAX | |
|---|---|---|
Pros |
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Cons |
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BBOZ | MKAX |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Lower exposure to US market | Higher exposure to US market |
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |