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Compare GARP 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 Global X S&P World Ex Australia Garp ETF (GARP) 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
GARP | MFOA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 74 | 1 |
Median incremental investment | $1,020.00 | $693.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,449.70 | $1,374.66 |
Average age group | > 35 | 26 - 35 |
Key Summary
GARP | MFOA | |
|---|---|---|
Strategy | GARP.AX was created on 2024-09-24 by Global X. The fund's investment portfolio concentrates primarily on total market equity. The investment objective of the Fund is to provide investors with a return that (before fees and expenses) tracks the performance of the S&P World Ex-Australia GARP.AX Index. | 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 | Eli Lilly and Co (5.31 %) Alphabet Inc Class C (4.94 %) NVIDIA Corp (4.90 %) | BHP Group Ltd (4.15 %) Westpac Banking Corp (3.32 %) CSL Ltd (3.25 %) |
Top 3 industries | Information Technology (29.10 %) Other (22.79 %) Communication Services (20.23 %) | Other (70.40 %) Materials (13.15 %) Health Care (11.52 %) |
Top 3 countries | ||
Management fee | 0 % | 0 % |
Key Summary
GARP | MFOA | |
|---|---|---|
Issuer | Global X | Milford |
Tracking index | S&P World Ex-Australia GARP Index - AUD - Benchmark TR Gross | RBA Cash Rate - AUD - Benchmark TR Gross |
Asset class | ETF | ETF |
Management fee | 0 % | 0 % |
Price | $13.09 | $11.46 |
Size | $138.354 million | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 1.21 % | 2.09 % |
Market | ASX | ASX |
First listed date | 25/09/2024 | 15/01/2023 |
Purchase fee | $6.50 | $6.50 |
Community Stats
GARP | MFOA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 74 | 1 |
Median incremental investment | $1,020.00 | $693.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,449.70 | $1,374.66 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
GARP | MFOA | |
|---|---|---|
Pros |
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Cons |
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GARP | MFOA |
|---|---|
Lower distribution yield | Higher distribution yield |