Compare AU
Compare CLNE vs. CNEW
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 S&P Global Clean Energy ETF (CLNE) and the China Growth Companies (CNEW). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
CLNE | CNEW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 505 | 52 |
Median incremental investment | $680.00 | $702.18 |
Median investment frequency | Monthly | Monthly |
Median total investment | $820.99 | $1,935.57 |
Average age group | 26 - 35 | > 35 |
Key Summary
CLNE | CNEW | |
|---|---|---|
Strategy | CLNE.AX was created on 2021-03-08 by VanEck. The fund's investment portfolio concentrates primarily on theme equity. Each Fund aims to provide investment returns before fees and other costs which track the performance of its Reference Index in Australian dollars. | CNEW.AX was created on 2018-11-08 by VanEck. The fund's investment portfolio concentrates primarily on total market equity. CNEW.AX gives investors a portfolio of the most fundamentally sound companies in China having the best growth prospects in sectors making up the New Economy, namely technology, health care, consumer staples and consumer discretionary. CNEW.AX aims to provide investment returns, before fees and other costs, which track the performance of the Index. |
Top 3 holdings | NEXTracker Inc Ordinary Shares - Class A (5.57 %) Ormat Technologies Inc (5.55 %) Contact Energy Ltd (5.16 %) | Changbai Mountain Tourism Co Ltd Class A (1.57 %) Zhejiang China Commodities City Group Co Ltd Class A (1.20 %) Toread Holdings Group Co Ltd Class A (1.15 %) |
Top 3 industries | Utilities (70.64 %) Industrials (11.37 %) Information Technology (9.24 %) | Consumer Discretionary (42.76 %) Other (36.77 %) Industrials (19.40 %) |
Top 3 countries | United States (34.61 %) New Zealand (9.16 %) Denmark (8.55 %) | China (100.00 %) |
Management fee | 0.65 % | 0.95 % |
Key Summary
CLNE | CNEW | |
|---|---|---|
Issuer | VanEck | VanEck |
Tracking index | S&P Global Clean Energy | CSI MarketGrader China New Economy Index - CNY |
Asset class | ETF | ETF |
Management fee | 0.65 % | 0.95 % |
Price | $5.51 | $7.09 |
Size | $64.075 million | $122.169 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 0.77 % | 1.53 % |
Market | ASX | ASX |
First listed date | 09/03/2021 | 09/11/2018 |
Purchase fee | $6.50 | $6.50 |
Community Stats
CLNE | CNEW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 505 | 52 |
Median incremental investment | $680.00 | $702.18 |
Median investment frequency | Monthly | Monthly |
Median total investment | $820.99 | $1,935.57 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
CLNE | CNEW | |
|---|---|---|
Pros |
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Cons |
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CLNE | CNEW |
|---|---|
Higher exposure to US market | Lower exposure to US market |
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |