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Compare CLNE vs. MFOA
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 Milford Australian Absolute Growth Complex ETF (MFOA). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
CLNE | MFOA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 454 | 2 |
Median incremental investment | $682.75 | $565.60 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,262.70 | $5,405.80 |
Average age group | > 35 | 26 - 35 |
Key Summary
CLNE | MFOA | |
|---|---|---|
Strategy | CLNE.AX was created on 2021-03-08 by VanEck. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 78.4m in AUM and 30 holdings. Each Fund aims to provide investment returns before fees and other costs which track the performance of its Reference Index in Australian dollars. | MFOA.AX was created on 2023-01-16 by Milford. The fund's investment portfolio concentrates primarily on multi-strategy alternatives. The Fund targets absolute returns with an annualised return objective of 5% above the RBA cash rate while seeking to preserve investor capital over rolling three year periods (net of fees). |
Top 3 holdings | Vestas Wind Systems AS (6.19 %) EDP-Energias De Portugal SA (5.21 %) Verbund AG Class A (5.20 %) | BHP Group Ltd (5.83 %) Commonwealth Bank of Australia (5.22 %) Woodside Energy Group Ltd (3.73 %) |
Top 3 industries | Utilities (56.33 %) Industrials (33.50 %) Other (10.25 %) | Other (70.40 %) Materials (13.15 %) Health Care (11.52 %) |
Top 3 countries | United States (43.28 %) New Zealand (8.82 %) Denmark (8.44 %) | Australia (83.13 %) United States (9.91 %) New Zealand (4.73 %) |
Management fee | 0.65 % | 0 % |
Key Summary
CLNE | MFOA | |
|---|---|---|
Issuer | VanEck | Milford |
Tracking index | S&P Global Clean Energy Transition | RBA Cash Rate - AUD - Benchmark TR Gross |
Asset class | ETF | ETF |
Management fee | 0.65 % | 0 % |
Price | $8.28 | $10.19 |
Size | $75.644 million | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 1.13 % | 3.65 % |
Market | ASX | ASX |
First listed date | 09/03/2021 | 15/01/2023 |
Purchase fee | $6.50 | $6.50 |
Community Stats
CLNE | MFOA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 454 | 2 |
Median incremental investment | $682.75 | $565.60 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,262.70 | $5,405.80 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
CLNE | MFOA | |
|---|---|---|
Pros |
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Cons |
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CLNE | MFOA |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Higher management fee | Lower management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |