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Compare GDX vs. GMVW
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 Geared Australian Equal Weight Complex ETF (GMVW). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
GDX | GMVW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 258 | 13 |
Median incremental investment | $1,326.50 | $1,045.25 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,756.50 | $3,458.70 |
Average age group | > 35 | > 35 |
Key Summary
GDX | GMVW | |
|---|---|---|
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. | GMVW.AX was created on 2024-02-27 by VanEck. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 40.4m in AUM and 77 holdings. The Fund has a target gearing ratio of 45% to 60%. The gearing ratio may change due to factors such as market movements, applications, redemptions, borrowing costs, expected dividends or changes to the amount borrowed and any restrictions in borrowing agreements. |
Top 3 holdings | Agnico Eagle Mines Ltd (9.85 %) Newmont Corp (8.43 %) Barrick Mining Corp (6.25 %) | VanEck Australian Equal Wt ETF (220.19 %) |
Top 3 industries | Materials (76.97 %) Other (23.03 %) | |
Top 3 countries | Canada (54.95 %) United States (15.85 %) South Africa (11.24 %) | Australia (100.00 %) |
Management fee | 0.53 % | 0.35 % |
Key Summary
GDX | GMVW | |
|---|---|---|
Issuer | VanEck | VanEck |
Tracking index | NYSE Arca Gold Miners Index - AUD | |
Asset class | ETF | ETF |
Management fee | 0.53 % | 0.35 % |
Price | $149.00 | $38.43 |
Size | $1.801 billion | $39.718 million |
10Y return | 473.52 % | N/A |
Annual distribution yield (5Y) | 1.44 % | 4.96 % |
Market | ASX | ASX |
First listed date | 26/06/2015 | 28/02/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
GDX | GMVW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 258 | 13 |
Median incremental investment | $1,326.50 | $1,045.25 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,756.50 | $3,458.70 |
Average age group | > 35 | > 35 |
Pros and Cons
GDX | GMVW | |
|---|---|---|
Pros |
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Cons |
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GDX | GMVW |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |