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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 | 64 | 1 |
Median incremental investment | $1,018.00 | $4,990.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,076.80 | $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 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 | Eli Lilly and Co (4.96 %) Meta Platforms Inc Class A (4.93 %) NVIDIA Corp (4.81 %) | 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 | United States (66.30 %) Japan (9.13 %) Netherlands (4.36 %) | United States (88.72 %) China (4.98 %) Australia (2.24 %) |
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 | $11.97 | $2.97 |
Size | $132.674 million | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 1.21 % | 5.95 % |
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 | 64 | 1 |
Median incremental investment | $1,018.00 | $4,990.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,076.80 | $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 exposure to AU market | Higher exposure to AU market |
Lower exposure to US market | Higher exposure to US market |
Lower management fee | Higher management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |