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Compare GMTL vs. MFOA
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 Milford Australian Absolute Growth Complex ETF (MFOA). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
GMTL | MFOA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 17 | 3 |
Median incremental investment | $993.50 | $565.60 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,101.86 | $635.80 |
Average age group | > 35 | 26 - 35 |
Key Summary
GMTL | MFOA | |
|---|---|---|
Strategy | GMTL.AX was created on 2022-10-26 by Global X. The fund's investment portfolio concentrates primarily on theme equity. 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 | MFOA.AX was created on 2023-01-16 by Milford. The fund's investment portfolio concentrates primarily on multi-strategy alternatives. The Fund targets absolute returns with an annualised return objective of 5% above the RBA cash rate while seeking to preserve investor capital over rolling three year periods (net of fees). |
Top 3 holdings | Freeport-McMoRan Inc (7.56 %) Glencore PLC (7.53 %) Anglo American PLC (7.22 %) | National Australia Bank Ltd (3.82 %) Westpac Banking Corp (3.81 %) ANZ Group Holdings Ltd (3.66 %) |
Top 3 industries | Materials (100.00 %) Other (14.87 %) Industrials (8.50 %) | Other (70.40 %) Materials (13.15 %) Health Care (11.52 %) |
Top 3 countries | China (33.72 %) Canada (17.14 %) United States (13.77 %) | Australia (83.13 %) United States (9.91 %) New Zealand (4.73 %) |
Management fee | 0.69 % | 0 % |
Key Summary
GMTL | MFOA | |
|---|---|---|
Issuer | Global X | Milford |
Tracking index | BITA Global Green Energy Metals Index - AUD - Benchmark TR Net | RBA Cash Rate - AUD - Benchmark TR Gross |
Asset class | ETF | ETF |
Management fee | 0.69 % | 0 % |
Price | $15.15 | $11.59 |
Size | $10.351 million | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 0.82 % | 2.09 % |
Market | ASX | ASX |
First listed date | 25/10/2022 | 15/01/2023 |
Purchase fee | $6.50 | $6.50 |
Community Stats
GMTL | MFOA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 17 | 3 |
Median incremental investment | $993.50 | $565.60 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,101.86 | $635.80 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
GMTL | MFOA | |
|---|---|---|
Pros |
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Cons |
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GMTL | MFOA |
|---|---|
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 |
Lower distribution yield | Higher distribution yield |