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Compare CNEW vs. MVE
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 China New Economy ETF (CNEW) and the VanEck S&P/ASX Midcap ETF (MVE). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
CNEW | MVE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 62 | 46 |
Median incremental investment | $796.75 | $825.46 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,238.58 | $3,890.21 |
Average age group | > 35 | > 35 |
Key Summary
CNEW | MVE | |
|---|---|---|
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. | MVE.AX was created on 2013-10-14 by VanEck. The fund's investment portfolio concentrates primarily on mid cap equity. The Fund is designed to capture the performance of the 50 midcap companies listed on ASX having Market Capitalisation ranking from 51 to 100. |
Top 3 holdings | Eoptolink Technology Inc Ltd Class A (2.45 %) Zhejiang Taotao Vehicles Co Ltd Ordinary Shares - Class A (2.14 %) Victory Giant Technology (HuiZhou)Co Ltd Class A (1.88 %) | Lynas Rare Earths Ltd (5.15 %) Washington H Soul Pattinson and Co Ltd (3.93 %) JB Hi Fi Ltd (3.64 %) |
Top 3 industries | Information Technology (33.78 %) Health Care (27.01 %) Consumer Discretionary (20.43 %) | Materials (20.27 %) Consumer Discretionary (20.22 %) Real Estate (18.54 %) |
Top 3 countries | China (100.00 %) | Australia (94.11 %) New Zealand (3.28 %) United States (2.61 %) |
Management fee | 0.95 % | 0.45 % |
Key Summary
CNEW | MVE | |
|---|---|---|
Issuer | VanEck | VanEck |
Tracking index | CSI MarketGrader China New Economy Index - CNY | S&P/ASX Midcap 50 Index - AUD |
Asset class | ETF | ETF |
Management fee | 0.95 % | 0.45 % |
Price | $8.17 | $46.87 |
Size | $102.580 million | $433.318 million |
10Y return | N/A | 168.44 % |
Annual distribution yield (5Y) | 1.45 % | 2.77 % |
Market | ASX | ASX |
First listed date | 09/11/2018 | 16/10/2013 |
Purchase fee | $6.50 | $6.50 |
Community Stats
CNEW | MVE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 62 | 46 |
Median incremental investment | $796.75 | $825.46 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,238.58 | $3,890.21 |
Average age group | > 35 | > 35 |
Pros and Cons
CNEW | MVE | |
|---|---|---|
Pros |
| |
Cons |
|
CNEW | MVE |
|---|---|
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 price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |