Back
Compare AU
Compare FHCO 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 Fidelity Australian High Conviction Active ETF (FHCO) 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
FHCO | MFOA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 1 |
Median incremental investment | $518.50 | $693.50 |
Median investment frequency | Fortnightly | Fortnightly |
Median total investment | $469.22 | $1,374.66 |
Average age group | > 35 | 26 - 35 |
Key Summary
FHCO | MFOA | |
|---|---|---|
Strategy | FHCO.AX was created on 2024-05-28 by Fidelity. The fund's investment portfolio concentrates primarily on total market equity. To achieve returns in excess of the benchmark over the medium to long term | 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 | Commonwealth Bank of Australia (11.95 %) BHP Group Ltd (10.31 %) National Australia Bank Ltd (9.40 %) | ANZ Group Holdings Ltd (4.48 %) National Australia Bank Ltd (3.45 %) BHP Group Ltd (3.26 %) |
Top 3 industries | Financials (53.66 %) Materials (23.25 %) Consumer Discretionary (9.27 %) | Other (70.40 %) Materials (13.15 %) Health Care (11.52 %) |
Top 3 countries | Australia (96.55 %) United States (2.28 %) New Zealand (1.17 %) | Australia (83.13 %) United States (9.91 %) New Zealand (4.73 %) |
Management fee | 0.85 % | 0 % |
Key Summary
FHCO | MFOA | |
|---|---|---|
Issuer | Fidelity | Milford |
Tracking index | RBA Cash Rate - AUD - Benchmark TR Gross | |
Asset class | ETF | ETF |
Management fee | 0.85 % | 0 % |
Price | $8.09 | $11.50 |
Size | $2.087 million | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 13.85 % | 2.09 % |
Market | ASX | ASX |
First listed date | 02/06/2024 | 15/01/2023 |
Purchase fee | $6.50 | $6.50 |
Community Stats
FHCO | MFOA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 1 |
Median incremental investment | $518.50 | $693.50 |
Median investment frequency | Fortnightly | Fortnightly |
Median total investment | $469.22 | $1,374.66 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
FHCO | MFOA | |
|---|---|---|
Pros |
|
|
Cons |
|
|
FHCO | MFOA |
|---|---|
Higher exposure to AU market | Lower 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 |