Compare AU
Compare GDX vs. CNEW
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 VanEck Gold Miners ETF (GDX) and the VanEck China New Economy ETF (CNEW). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
GDX | CNEW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 64 | 48 |
Median incremental investment | $1,124.67 | $713.66 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,907.23 | $1,908.27 |
Average age group | > 35 | > 35 |
Key Summary
GDX | CNEW | |
|---|---|---|
Strategy | GDX.AX was created on 2015-06-26 by VanEck. The fund's investment portfolio concentrates primarily on materials equity. To achieve this investment objective, GDX.AX employs a passive management strategy of investing in the NYSE-listed GDX.AX issued and operated by VanEck in the United States. | CNEW.AX was created on 2018-11-08 by VanEck. The fund's investment portfolio concentrates primarily on total market equity. CNEW.AX gives investors a portfolio of the most fundamentally sound companies in China having the best growth prospects in sectors making up the New Economy, namely technology, health care, consumer staples and consumer discretionary. CNEW.AX aims to provide investment returns, before fees and other costs, which track the performance of the Index. |
Top 3 holdings | Newmont Corp (12.18 %) Agnico Eagle Mines Ltd (11.77 %) Wheaton Precious Metals Corp (7.17 %) | Flaircomm Microelectronics Inc Ordinary Shares - Class A (1.36 %) MotoMotion China Corp Class A (1.17 %) Gambol Pet Group Co Ltd Class A (1.14 %) |
Top 3 industries | Materials (87.83 %) Other (12.17 %) | Information Technology (40.06 %) Consumer Staples (39.82 %) Other (36.77 %) |
Top 3 countries | Canada (52.17 %) United States (17.26 %) Australia (11.76 %) | China (100.00 %) |
Management fee | 0.53 % | 0.95 % |
Key Summary
GDX | CNEW | |
|---|---|---|
Issuer | VanEck | VanEck |
Tracking index | NYSE Arca Gold Miners Index - AUD | CSI MarketGrader China New Economy Index - CNY |
Asset class | ETF | ETF |
Management fee | 0.53 % | 0.95 % |
Price | $65.55 | $6.99 |
Size | $660.687 million | $113.054 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 1.14 % | 1.53 % |
Market | ASX | ASX |
First listed date | 26/06/2015 | 09/11/2018 |
Purchase fee | $6.50 | $6.50 |
Community Stats
GDX | CNEW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 64 | 48 |
Median incremental investment | $1,124.67 | $713.66 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,907.23 | $1,908.27 |
Average age group | > 35 | > 35 |
Pros and Cons
GDX | CNEW | |
|---|---|---|
Pros |
|
|
Cons |
|
|
GDX | CNEW |
|---|---|
Higher exposure to AU market | Lower exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Lower management fee | Higher management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |