Compare AU

Compare GDX vs. CNEW

Compare shares and ETFs on the ASX that you can trade on Pearler.

VanEck Gold Miners ETF

ASX

Buy

Buy

Overview
Performance

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

  • Higher exposure to AU market

  • Higher exposure to US market

  • Lower management fee

  • Higher price growth

  • Higher distribution yield

Cons

  • Lower distribution yield

  • Lower exposure to AU market

  • Lower exposure to US market

  • Higher management fee

  • Lower price growth

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

Home