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Compare AU
Compare GDX vs. MVE
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 S&P/ASX Midcap ETF (MVE). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
GDX | MVE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 258 | 48 |
Median incremental investment | $1,326.50 | $847.86 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,756.50 | $3,761.15 |
Average age group | > 35 | > 35 |
Key Summary
GDX | MVE | |
|---|---|---|
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. | MVE.AX was created on 2013-10-14 by VanEck. The fund's investment portfolio concentrates primarily on mid cap equity. The Fund is designed to capture the performance of the 50 midcap companies listed on ASX having Market Capitalisation ranking from 51 to 100. |
Top 3 holdings | Agnico Eagle Mines Ltd (9.85 %) Newmont Corp (8.43 %) Barrick Mining Corp (6.25 %) | PLS Group Ltd (4.34 %) ALS Ltd (3.73 %) Orica Ltd (3.26 %) |
Top 3 industries | Materials (76.97 %) Other (23.03 %) | Materials (20.27 %) Consumer Discretionary (20.22 %) Real Estate (18.54 %) |
Top 3 countries | Canada (54.95 %) United States (15.85 %) South Africa (11.24 %) | Australia (87.98 %) United States (6.16 %) United Kingdom of Great Britain and Northern Ireland (2.27 %) |
Management fee | 0.53 % | 0.45 % |
Key Summary
GDX | MVE | |
|---|---|---|
Issuer | VanEck | VanEck |
Tracking index | NYSE Arca Gold Miners Index - AUD | S&P/ASX Midcap 50 Index - AUD |
Asset class | ETF | ETF |
Management fee | 0.53 % | 0.45 % |
Price | $149.00 | $43.99 |
Size | $1.859 billion | $486.366 million |
10Y return | 461.63 % | 174.08 % |
Annual distribution yield (5Y) | 1.44 % | 2.80 % |
Market | ASX | ASX |
First listed date | 26/06/2015 | 16/10/2013 |
Purchase fee | $6.50 | $6.50 |
Community Stats
GDX | MVE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 258 | 48 |
Median incremental investment | $1,326.50 | $847.86 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,756.50 | $3,761.15 |
Average age group | > 35 | > 35 |
Pros and Cons
GDX | MVE | |
|---|---|---|
Pros |
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Cons |
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GDX | MVE |
|---|---|
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 |