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Compare FHCO vs. MQAE
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 Macquarie Core Australian Equity Active ETF (MQAE). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
FHCO | MQAE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 23 |
Median incremental investment | $518.50 | $1,146.75 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $458.78 | $2,380.68 |
Average age group | > 35 | > 35 |
Key Summary
FHCO | MQAE | |
|---|---|---|
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 | MQAE.AX was created on 2024-05-13 by Macquarie. The fund's investment portfolio concentrates primarily on total market equity. The Fund aims to outperform the S&P/ASX 300 Accumulation Index (Index) over the medium to long term (before fees). |
Top 3 holdings | BHP Group Ltd (11.72 %) Commonwealth Bank of Australia (10.98 %) National Australia Bank Ltd (9.36 %) | Commonwealth Bank of Australia (8.65 %) BHP Group Ltd (8.46 %) ANZ Group Holdings Ltd (4.68 %) |
Top 3 industries | Financials (53.66 %) Materials (23.25 %) Consumer Discretionary (9.27 %) | Financials (57.24 %) Materials (14.95 %) Health Care (9.85 %) |
Top 3 countries | Australia (96.55 %) United States (2.28 %) New Zealand (1.17 %) | Australia (95.44 %) United States (3.08 %) New Zealand (0.64 %) |
Management fee | 0.85 % | 0.03 % |
Key Summary
FHCO | MQAE | |
|---|---|---|
Issuer | Fidelity | Macquarie |
Tracking index | S&P/ASX 300 Accumulation Index - AUD - Benchmark TR Net | |
Asset class | ETF | ETF |
Management fee | 0.85 % | 0.03 % |
Price | $7.91 | $11.67 |
Size | $2.037 million | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 13.85 % | 1.08 % |
Market | ASX | ASX |
First listed date | 02/06/2024 | 14/05/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
FHCO | MQAE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 23 |
Median incremental investment | $518.50 | $1,146.75 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $458.78 | $2,380.68 |
Average age group | > 35 | > 35 |
Pros and Cons
FHCO | MQAE | |
|---|---|---|
Pros |
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Cons |
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FHCO | MQAE |
|---|---|
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 |
Higher distribution yield | Lower distribution yield |