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Compare GMTL vs. WIRE
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 Global X Copper Miners ETF (WIRE). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
GMTL | WIRE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 16 | 316 |
Median incremental investment | $993.50 | $1,293.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,179.16 | $2,128.56 |
Average age group | > 35 | > 35 |
Key Summary
GMTL | WIRE | |
|---|---|---|
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 | WIRE.AX was created on 2022-11-23 by Global X. The fund's investment portfolio concentrates primarily on materials equity. The Fund aims to provide investors with a return that (before fees and expenses) tracks the performance of the Solactive Global Copper Miners Total Return Index. |
Top 3 holdings | Boliden AB (5.00 %) Albemarle Corp (4.96 %) Lundin Mining Corp (4.54 %) | Lundin Mining Corp (6.28 %) Sumitomo Metal Mining Co Ltd (6.05 %) Boliden AB (5.40 %) |
Top 3 industries | Materials (100.00 %) Other (14.87 %) Industrials (8.50 %) | Materials (89.37 %) Other (10.63 %) |
Top 3 countries | China (33.72 %) Canada (17.14 %) United States (13.77 %) | Canada (32.90 %) China (15.64 %) United States (10.73 %) |
Management fee | 0.69 % | 0.65 % |
Key Summary
GMTL | WIRE | |
|---|---|---|
Issuer | Global X | Global X |
Tracking index | BITA Global Green Energy Metals Index - AUD - Benchmark TR Net | Solactive Global Copper Miners Index |
Asset class | ETF | ETF |
Management fee | 0.69 % | 0.65 % |
Price | $14.53 | $23.78 |
Size | $13.406 million | $752.415 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 0.82 % | 1.28 % |
Market | ASX | ASX |
First listed date | 25/10/2022 | 22/11/2022 |
Purchase fee | $6.50 | $6.50 |
Community Stats
GMTL | WIRE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 16 | 316 |
Median incremental investment | $993.50 | $1,293.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,179.16 | $2,128.56 |
Average age group | > 35 | > 35 |
Pros and Cons
GMTL | WIRE | |
|---|---|---|
Pros |
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Cons |
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GMTL | WIRE |
|---|---|
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 |
Lower distribution yield | Higher distribution yield |