Compare AU
Compare GMTL 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 Global X Green Metal Miners ETF (GMTL) 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
GMTL | GEAR | |
---|---|---|
Popularity | Low | Low |
Pearlers invested | 3 | 213 |
Median incremental investment | $993.50 | $1,000.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $559.20 | $1,972.68 |
Average age group | > 35 | 26 - 35 |
Key Summary
GMTL | GEAR | |
---|---|---|
Strategy | GMTL.AX was created on 2022-10-26 by Global X. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 2.29m in AUM and 45 holdings. The Fund aims to provide investors with a return that (before fees and expenses) tracks the performance of the BITA Global Green Energy Metals Index | GEAR.AX was created on 2014-04-30 by BetaShares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 443.43m in AUM and 202 holdings. 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 | First Quantum Minerals Ltd (5.43 %) Boliden AB (5.23 %) China Northern Rare Earth (Group) High-Tech Co Ltd Class A (4.65 %) | COMMONWEALTH BANK OF AUSTRALIA (24.92 %) BHP GROUP LTD (20.52 %) CSL LTD (12.58 %) |
Top 3 industries | Materials (100.00 %) Other (14.87 %) Industrials (8.14 %) | Other (39.11 %) Financials (20.99 %) Materials (11.32 %) |
Top 3 countries | China (31.28 %) Canada (18.48 %) United States (17.30 %) | Australia (94.91 %) United States (3.06 %) New Zealand (1.56 %) |
Management fee | 0.69 % | 0.8 % |
Key Summary
GMTL | GEAR | |
---|---|---|
Issuer | Global X | BetaShares |
Tracking index | BITA Global Green Energy Metals Index - AUD - Benchmark TR Net | |
Asset class | ETF | ETF |
Management fee | 0.69 % | 0.8 % |
Price | $6.99 | $29.01 |
Size | $2.348 million | $483.682 million |
10Y return | N/A | 17.45 % |
Annual distribution yield (5Y) | 0.44 % | 8.59 % |
Market | ASX | ASX |
First listed date | 25/10/2022 | 02/05/2014 |
Purchase fee | $6.50 | $6.50 |
Community Stats
GMTL | GEAR | |
---|---|---|
Popularity | Low | Low |
Pearlers invested | 3 | 213 |
Median incremental investment | $993.50 | $1,000.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $559.20 | $1,972.68 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
GMTL | GEAR | |
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Pros |
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Cons |
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GMTL | GEAR |
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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 |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |