Compare AU

Compare CNEW vs. IGRO

Compare shares and ETFs on the ASX that you can trade on Pearler.

VanEck China New Economy ETF

ASX

Buy

Buy

Overview
Performance

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 China New Economy ETF (CNEW) 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

CNEW

IGRO

Popularity

Low

Low

Pearlers invested

50

8

Median incremental investment

$703.09

$676.50

Median investment frequency

Monthly

Monthly

Median total investment

$1,911.00

$5,636.25

Average age group

> 35

> 35


Key Summary

CNEW

IGRO

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.

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

Changbai Mountain Tourism Co Ltd Class A (1.89 %)

Zhejiang China Commodities City Group Co Ltd Class A (1.28 %)

Lontium Semiconductor Corp Class A (1.23 %)

iShares Core MSCI Wld Ex Aus ESG ETF (41.73 %)

iShares Core MSCI Australia ESG ETF (34.56 %)

iShares Core MSCI Wld ex Aus ESG AUHDETF (14.59 %)

Top 3 industries

Other (36.77 %)

Information Technology (30.19 %)

Consumer Staples (28.92 %)

Other (99.98 %)

Communication Services (0.02 %)

Top 3 countries

China (100.00 %)

United States (47.22 %)

Australia (36.23 %)

Japan (3.92 %)

Management fee

0.95 %

0.22 %


Key Summary

CNEW

IGRO

Issuer

VanEck

iShares

Tracking index

CSI MarketGrader China New Economy Index - CNY

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

0.95 %

0.22 %

Price

$7.00

$33.75

Size

$113.167 million

$11.991 million

10Y return

N/A

N/A

Annual distribution yield (5Y)

1.53 %

1.32 %

Market

ASX

ASX

First listed date

09/11/2018

16/08/2022

Purchase fee

$6.50

$6.50


Community Stats

CNEW

IGRO

Popularity

Low

Low

Pearlers invested

50

8

Median incremental investment

$703.09

$676.50

Median investment frequency

Monthly

Monthly

Median total investment

$1,911.00

$5,636.25

Average age group

> 35

> 35


Pros and Cons

CNEW

IGRO

Pros

  • Higher price growth

  • Higher distribution yield

  • Higher exposure to AU market

  • Higher exposure to US market

  • Lower management fee

Cons

  • Lower exposure to AU market

  • Lower exposure to US market

  • Higher management fee

  • Lower price growth

  • Lower distribution yield

CNEW

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

Higher price growth

Lower price growth

Higher distribution yield

Lower distribution yield

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