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Compare GDX vs. GEAR
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 Betashares Geared Australian Equities Complex ETF (GEAR). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
GDX | GEAR | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 311 | 297 |
Median incremental investment | $1,062.50 | $1,000.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,165.00 | $2,431.80 |
Average age group | > 35 | 26 - 35 |
Key Summary
GDX | GEAR | |
|---|---|---|
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. | GEAR.AX was created on 2014-04-30 by BetaShares. The fund's investment portfolio concentrates primarily on large cap equity. The Fund aims to provide investors with geared exposure to a diversified portfolio of Australian shares as simply as buying any share on the ASX. As the fund is internally geared, investors do not need to take out margin loans and do not have the possibility of margin calls in relation to their investment in the Fund. |
Top 3 holdings | Newmont Corp (11.13 %) Agnico Eagle Mines Ltd (10.95 %) Barrick Mining Corp (7.89 %) | BHP GROUP LTD (25.57 %) COMMONWEALTH BANK OF AUSTRALIA (20.84 %) NATIONAL AUSTRALIA BANK LTD (9.87 %) |
Top 3 industries | Materials (76.97 %) Other (23.03 %) | Other (36.19 %) Financials (21.66 %) Materials (11.94 %) |
Top 3 countries | Canada (54.95 %) United States (15.85 %) South Africa (11.24 %) | Australia (95.42 %) United States (3.04 %) New Zealand (0.60 %) |
Management fee | 0.53 % | 0.8 % |
Key Summary
GDX | GEAR | |
|---|---|---|
Issuer | VanEck | BetaShares |
Tracking index | NYSE Arca Gold Miners Index - AUD | |
Asset class | ETF | ETF |
Management fee | 0.53 % | 0.8 % |
Price | $107.86 | $35.16 |
Size | $1.486 billion | $569.089 million |
10Y return | 248.61 % | 79.30 % |
Annual distribution yield (5Y) | 5.00 % | 5.40 % |
Market | ASX | ASX |
First listed date | 26/06/2015 | 02/05/2014 |
Purchase fee | $6.50 | $6.50 |
Community Stats
GDX | GEAR | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 311 | 297 |
Median incremental investment | $1,062.50 | $1,000.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,165.00 | $2,431.80 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
GDX | GEAR | |
|---|---|---|
Pros |
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Cons |
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GDX | GEAR |
|---|---|
Lower exposure to AU market | Higher 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 |