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Compare GARP vs. MMKT
Compare shares and ETFs on the ASX that you can trade on Pearler.
Overview
When it comes to investing in the Australian stock market, shares and ETFs are a popular choice. Two options in the ASX are GARP and MMKT. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
GARP | MMKT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 67 | 27 |
Median incremental investment | $1,019.25 | $7,993.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,155.16 | $6,256.25 |
Average age group | > 35 | > 35 |
Key Summary
GARP | MMKT | |
|---|---|---|
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. | MMKT.AX was created on 2023-11-22 by BetaShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. MMKT.AX aims to generate a yield (before fees and expenses) that exceeds the Bloomberg AusBond Bank Bill Index (Benchmark), from a portfolio of Australian dollar cash and short-term money market securities issued by investment grade entities |
Top 3 holdings | Eli Lilly and Co (5.42 %) Alphabet Inc Class C (5.05 %) Meta Platforms Inc Class A (5.00 %) | Betashares Australian Cash Plus Active ETF (100 %) |
Top 3 industries | Information Technology (29.10 %) Other (22.79 %) Communication Services (20.23 %) | |
Top 3 countries | United States (66.30 %) Japan (9.13 %) Netherlands (4.36 %) | |
Management fee | 0 % | 0 % |
Key Summary
GARP | MMKT | |
|---|---|---|
Issuer | Global X | BetaShares |
Tracking index | S&P World Ex-Australia GARP Index - AUD - Benchmark TR Gross | Bloomberg AusBond Bank Bill Index - AUD |
Asset class | ETF | ETF |
Management fee | 0 % | 0 % |
Price | $12.47 | $50.07 |
Size | $132.767 million | $517.620 million |
10Y return | N/A | N/A |
Annual distribution/ dividend yield (5Y) | 1.21 % | 3.19 % |
Market | ASX | ASX |
First listed date | 25/09/2024 | 23/11/2023 |
Purchase fee | $6.50 | $6.50 |
Community Stats
GARP | MMKT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 67 | 27 |
Median incremental investment | $1,019.25 | $7,993.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,155.16 | $6,256.25 |
Average age group | > 35 | > 35 |
Pros and Cons
GARP | MMKT | |
|---|---|---|
Pros |
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Cons |
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GARP | MMKT |
|---|---|
Higher exposure to US market | Lower exposure to US market |
Lower distribution yield | Higher distribution yield |