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Compare BNKS vs. MGOC
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 Global Banks Currency Hedged ETF (BNKS) and the Magellan Global Fund -Open Class Units -Active ETF (MGOC). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
BNKS | MGOC | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 54 | 41 |
Median incremental investment | $993.50 | $992.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,550.34 | $2,456.00 |
Average age group | 26 - 35 | > 35 |
Key Summary
BNKS | MGOC | |
|---|---|---|
Strategy | BNKS.AX was created on 2016-07-28 by BetaShares. The fund's investment portfolio concentrates primarily on financials equity. BNKS.AX aims to track the performance of an index (before fees and expenses) that comprises the largest global banks (ex-Australia), hedged into Australian dollars. | MGOC.AX was created on 2007-07-01 by Magellan. The fund's investment portfolio concentrates primarily on total market equity. The investment objectives of the Fund are to achieve attractive risk-adjusted returns over the medium to long-term while reducing the risk of permanent capital loss. The Fund aims to deliver 9% p.a. net of fees over the economic cycle. |
Top 3 holdings | HKD - HONG KONG DOLLAR (0 %) DKK - DANISH KRONE (0 %) KRW - KOREAN WON (0 %) | Amazon.com Inc (7.90 %) Microsoft Corp (7.52 %) Taiwan Semiconductor Manufacturing Co Ltd ADR (5.11 %) |
Top 3 industries | Other (85.83 %) Communication Services (33.49 %) Financials (10.82 %) | Consumer Discretionary (24.19 %) Other (18.92 %) Communication Services (17.48 %) |
Top 3 countries | United States (34.16 %) Canada (15.63 %) Japan (8.37 %) | |
Management fee | 0.57 % | 1.35 % |
Key Summary
BNKS | MGOC | |
|---|---|---|
Issuer | BetaShares | Magellan |
Tracking index | Nasdaq Global ex-Australia Banks Hedged AUD Index - AUD | |
Asset class | ETF | ETF |
Management fee | 0.57 % | 1.35 % |
Price | $12.10 | $3.09 |
Size | $130.807 million | $7.047 billion |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.29 % | 5.27 % |
Market | ASX | ASX |
First listed date | 01/08/2016 | 29/11/2020 |
Purchase fee | $6.50 | $6.50 |
Community Stats
BNKS | MGOC | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 54 | 41 |
Median incremental investment | $993.50 | $992.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,550.34 | $2,456.00 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
BNKS | MGOC | |
|---|---|---|
Pros |
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Cons |
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BNKS | MGOC |
|---|---|
Higher exposure to US market | Lower exposure to US market |
Lower management fee | Higher management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |