Compare AU
Compare CNEW vs. EIGA
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 China Growth Companies (CNEW) and the Aussie Dividends (EIGA). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
CNEW | EIGA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 52 | 62 |
Median incremental investment | $702.18 | $599.39 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,935.57 | $1,505.43 |
Average age group | > 35 | > 35 |
Key Summary
CNEW | EIGA | |
|---|---|---|
Strategy | 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. | EIGA.AX was created on 2018-05-07 by Perennial. The fund's investment portfolio concentrates primarily on total market equity. The objective of the Fund is to provide investors with an attractive level of tax effective income, paid via monthly distributions. The Fund aims to provide a gross yield, adjusted for applicable franking credits, above that provided by the S&P/ASX 300 Franking Credit Adjusted Daily Total Return Index (Tax-Exempt). |
Top 3 holdings | 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 %) | BHP Group Ltd (13.12 %) Commonwealth Bank of Australia (6.19 %) CSL Ltd (6.01 %) |
Top 3 industries | Consumer Discretionary (43.16 %) Other (36.77 %) Information Technology (27.66 %) | Materials (36.73 %) Financials (26.98 %) Health Care (10.75 %) |
Top 3 countries | China (100.00 %) | Australia (97.92 %) United States (2.08 %) |
Management fee | 0.95 % | 0.8 % |
Key Summary
CNEW | EIGA | |
|---|---|---|
Issuer | VanEck | Perennial |
Tracking index | CSI MarketGrader China New Economy Index - CNY | S&P/ASX 300 Franking Credit Adjusted Daily Total Return Index - AUD - Benchmark TR Net |
Asset class | ETF | ETF |
Management fee | 0.95 % | 0.8 % |
Price | $7.09 | $3.89 |
Size | $116.261 million | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 1.53 % | 6.44 % |
Market | ASX | ASX |
First listed date | 09/11/2018 | 07/05/2018 |
Purchase fee | $6.50 | $6.50 |
Community Stats
CNEW | EIGA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 52 | 62 |
Median incremental investment | $702.18 | $599.39 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,935.57 | $1,505.43 |
Average age group | > 35 | > 35 |
Pros and Cons
CNEW | EIGA | |
|---|---|---|
Pros |
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Cons |
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CNEW | EIGA |
|---|---|
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 |