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Compare GARP vs. MKAX
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 Montaka Global Extension Fund - Complex ETF (MKAX). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
GARP | MKAX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 74 | 1 |
Median incremental investment | $1,021.75 | $4,990.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,112.50 | $4,558.40 |
Average age group | > 35 | 26 - 35 |
Key Summary
GARP | MKAX | |
|---|---|---|
Strategy | GARP.AX was created on 2024-09-24 by Global X. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 124.16m in AUM and 251 holdings. 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. | MKAX.AX was created on 2020-06-24 by Montaka. The fund's investment portfolio concentrates primarily on long/short alternatives. The Fund aims to provide Unitholders with long term capital growth, with a focus on managing downside risk. |
Top 3 holdings | Alphabet Inc Class C (7.17 %) NVIDIA Corp (5.80 %) Microsoft Corp (4.74 %) | KKR & Co Inc Ordinary Shares (16.20 %) Amazon.com Inc (15.25 %) Blackstone Inc (14.34 %) |
Top 3 industries | Information Technology (29.10 %) Other (22.79 %) Communication Services (20.23 %) | Financials (30.27 %) Information Technology (27.44 %) Consumer Discretionary (21.33 %) |
Top 3 countries | ||
Management fee | 0 % | 1.25 % |
Key Summary
GARP | MKAX | |
|---|---|---|
Issuer | Global X | Montaka |
Tracking index | S&P World Ex-Australia GARP Index - AUD - Benchmark TR Gross | |
Asset class | ETF | ETF |
Management fee | 0 % | 1.25 % |
Price | $12.94 | $4.22 |
Size | $126.839 million | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 1.09 % | 4.82 % |
Market | ASX | ASX |
First listed date | 25/09/2024 | 23/06/2020 |
Purchase fee | $6.50 | $6.50 |
Community Stats
GARP | MKAX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 74 | 1 |
Median incremental investment | $1,021.75 | $4,990.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,112.50 | $4,558.40 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
GARP | MKAX | |
|---|---|---|
Pros |
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Cons |
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GARP | MKAX |
|---|---|
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |