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Compare GMTL vs. IBAL

Compare shares and ETFs on the ASX that you can trade on Pearler.

Global X Green Metal Miners ETF

ASX

Buy

Buy

iShares Balanced Esg ETF

ASX

Overview
Performance

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 iShares Balanced Esg ETF (IBAL). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.

Community Stats

GMTL

IBAL

Popularity

Low

Low

Pearlers invested

3

1

Median incremental investment

$993.50

$993.50

Median investment frequency

Monthly

Weekly

Median total investment

$559.20

$946.11

Average age group

> 35

> 35


Key Summary

GMTL

IBAL

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

IBAL.AX was created on 2022-08-15 by iShares. The fund's investment portfolio concentrates primarily on target outcome asset allocation. The Fund aims to provide investors with the performance of the various indices of the Underlying Funds in which the Fund invests, in proportion to a Balanced long term Strategic Asset Allocation .

Top 3 holdings

First Quantum Minerals Ltd (5.76 %)

Boliden AB (5.27 %)

Antofagasta PLC (4.63 %)

iShares Core MSCI Wld Ex Aus ESG ETF (23.89 %)

iShares Treasury ETF (16.32 %)

iShares Core MSCI Australia ESG ETF (16.19 %)

Top 3 industries

Materials (100.00 %)

Other (14.87 %)

Industrials (8.14 %)

Other (99.97 %)

Communication Services (0.03 %)

Top 3 countries

China (31.28 %)

Canada (18.48 %)

United States (17.30 %)

United States (47.38 %)

Australia (36.02 %)

Japan (3.94 %)

Management fee

0.69 %

0.22 %


Key Summary

GMTL

IBAL

Issuer

Global X

iShares

Tracking index

BITA Global Green Energy Metals Index - AUD - Benchmark TR Net

Asset class

ETF

ETF

Management fee

0.69 %

0.22 %

Price

$6.99

$28.67

Size

$2.367 million

$16.543 million

10Y return

N/A

N/A

Annual distribution yield (5Y)

0.44 %

1.53 %

Market

ASX

ASX

First listed date

25/10/2022

16/08/2022

Purchase fee

$6.50

$6.50


Community Stats

GMTL

IBAL

Popularity

Low

Low

Pearlers invested

3

1

Median incremental investment

$993.50

$993.50

Median investment frequency

Monthly

Weekly

Median total investment

$559.20

$946.11

Average age group

> 35

> 35


Pros and Cons

GMTL

IBAL

Pros

  • Higher exposure to AU market

  • Higher exposure to US market

  • Lower management fee

  • Higher distribution yield

Cons

  • Lower exposure to AU market

  • Lower exposure to US market

  • Higher management fee

  • Lower distribution yield

GMTL

IBAL

Lower exposure to AU market

Higher exposure to AU market

Lower exposure to US market

Higher exposure to US market

Higher management fee

Lower management fee

Lower distribution yield

Higher distribution yield