Compare AU
Compare CLNE vs. IGRO
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 VanEck Global Clean Energy ETF (CLNE) and the iShares High Growth Esg ETF (IGRO). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
CLNE | IGRO | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 485 | 9 |
Median incremental investment | $682.03 | $734.29 |
Median investment frequency | Monthly | Monthly |
Median total investment | $853.74 | $2,704.70 |
Average age group | 26 - 35 | > 35 |
Key Summary
CLNE | IGRO | |
|---|---|---|
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. | IGRO.AX was created on 2022-08-15 by iShares. The fund's investment portfolio concentrates primarily on target outcome asset allocation. The Fund aims to provide investors with the performance of the various indices of the Underlying Funds |
Top 3 holdings | Vestas Wind Systems AS (5.30 %) Orsted AS (4.82 %) Neoen SA (4.80 %) | iShares Core MSCI Wld Ex Aus ESG ETF (41.17 %) iShares Core MSCI Australia ESG ETF (35.10 %) iShares Core MSCI Wld ex Aus ESG AUHDETF (14.52 %) |
Top 3 industries | Utilities (59.37 %) Industrials (20.66 %) Other (19.97 %) | Other (99.98 %) Communication Services (0.02 %) |
Top 3 countries | United States (34.61 %) New Zealand (9.16 %) Denmark (8.55 %) | United States (47.22 %) Australia (36.23 %) Japan (3.92 %) |
Management fee | 0.65 % | 0.22 % |
Key Summary
CLNE | IGRO | |
|---|---|---|
Issuer | VanEck | iShares |
Tracking index | S&P Global Clean Energy Transition | 34% MSCI Australia IMI Custom ESG Leaders Index - 43% MSCI World Ex Australia Custom ESG Leaders Index - 13% MSCI World Ex Australia Custom ESG Leaders Index AUD Hedged - 10% Other Benchmark - Benchmark TR Net |
Asset class | ETF | ETF |
Management fee | 0.65 % | 0.22 % |
Price | $5.61 | $31.85 |
Size | $58.423 million | $13.917 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 0.77 % | 1.41 % |
Market | ASX | ASX |
First listed date | 09/03/2021 | 16/08/2022 |
Purchase fee | $6.50 | $6.50 |
Community Stats
CLNE | IGRO | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 485 | 9 |
Median incremental investment | $682.03 | $734.29 |
Median investment frequency | Monthly | Monthly |
Median total investment | $853.74 | $2,704.70 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
CLNE | IGRO | |
|---|---|---|
Pros |
| |
Cons |
|
CLNE | IGRO |
|---|---|
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 |
Lower distribution yield | Higher distribution yield |