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Compare AU
Compare GDX vs. GOVT
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 SPDR S&P/ASX Iboxx Australian Government Bond ETF (GOVT). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
GDX | GOVT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 121 | 4 |
Median incremental investment | $1,443.50 | $125.75 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,993.70 | $3,400.38 |
Average age group | > 35 | > 35 |
Key Summary
GDX | GOVT | |
|---|---|---|
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. | GOVT.AX was created on 2012-07-26 by SPDR. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 65.79m in AUM and 113 holdings. The SPDR S&P/ASX iBoxx Australian Government Bond ETF seeks to closely track, before fees and expenses, the returns of the S&P/ASX iBoxx Australian & State Governments 0+ Index. |
Top 3 holdings | Newmont Corp (13.73 %) Agnico Eagle Mines Ltd (12.49 %) Wheaton Precious Metals Corp (8.25 %) | Australia (Commonwealth of) 2.75% (3.01 %) Australia (Commonwealth of) 4.75% (3.00 %) Australia (Commonwealth of) 3.25% (3.00 %) |
Top 3 industries | Materials (76.97 %) Other (23.03 %) | |
Top 3 countries | Canada (52.17 %) United States (17.26 %) Australia (11.76 %) | |
Management fee | 0.53 % | 0.1 % |
Key Summary
GDX | GOVT | |
|---|---|---|
Issuer | VanEck | SPDR |
Tracking index | NYSE Arca Gold Miners Index - AUD | S&P/ASX iBoxx Australian & State Governments 0+ Index - AUD - Benchmark TR Gross |
Asset class | ETF | ETF |
Management fee | 0.53 % | 0.1 % |
Price | $99.79 | $24.73 |
Size | $997.779 million | $65.568 million |
10Y return | 414.38 % | -5.10 % |
Annual distribution yield (5Y) | 1.24 % | 1.73 % |
Market | ASX | ASX |
First listed date | 26/06/2015 | 27/07/2012 |
Purchase fee | $6.50 | $6.50 |
Community Stats
GDX | GOVT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 121 | 4 |
Median incremental investment | $1,443.50 | $125.75 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,993.70 | $3,400.38 |
Average age group | > 35 | > 35 |
Pros and Cons
GDX | GOVT | |
|---|---|---|
Pros |
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Cons |
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GDX | GOVT |
|---|---|
Higher exposure to AU market | Lower 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 |