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Compare GMVW vs. QYLD
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 Geared Australian Equal Weight Complex ETF (GMVW) and the Global X Nasdaq 100 Covered Call Complex ETF (QYLD). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
GMVW | QYLD | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 12 | 28 |
Median incremental investment | $1,016.00 | $1,275.76 |
Median investment frequency | Monthly | Monthly |
Median total investment | $8,357.15 | $8,381.63 |
Average age group | 26 - 35 | > 35 |
Key Summary
GMVW | QYLD | |
|---|---|---|
Strategy | GMVW.AX was created on 2024-02-27 by VanEck. The fund's investment portfolio concentrates primarily on large cap equity. The Fund has a target gearing ratio of 45% to 60%. The gearing ratio may change due to factors such as market movements, applications, redemptions, borrowing costs, expected dividends or changes to the amount borrowed and any restrictions in borrowing agreements. | QYLD.AX was created on 2023-01-30 by Global X. The fund's investment portfolio concentrates primarily on large cap equity. Each Fund aims to provide investors with a return (before fees and other costs) that tracks the performance of the relevant Index. |
Top 3 holdings | VanEck Australian Equal Wt ETF (220.53 %) | NVIDIA Corp (8.80 %) Apple Inc (7.62 %) Microsoft Corp (6.17 %) |
Top 3 industries | Information Technology (61.38 %) Communication Services (17.97 %) Consumer Discretionary (15.85 %) | |
Top 3 countries | Australia (100.00 %) | United States (96.05 %) Canada (1.29 %) Netherlands (1.21 %) |
Management fee | 0.35 % | 0.6 % |
Key Summary
GMVW | QYLD | |
|---|---|---|
Issuer | VanEck | Global X |
Tracking index | Cboe Nasdaq 100 Half BuyWrite V2 Index | |
Asset class | ETF | ETF |
Management fee | 0.35 % | 0.6 % |
Price | $42.53 | $10.85 |
Size | $45.675 million | $26.419 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 4.47 % | 7.80 % |
Market | ASX | ASX |
First listed date | 28/02/2024 | 31/01/2023 |
Purchase fee | $6.50 | $6.50 |
Community Stats
GMVW | QYLD | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 12 | 28 |
Median incremental investment | $1,016.00 | $1,275.76 |
Median investment frequency | Monthly | Monthly |
Median total investment | $8,357.15 | $8,381.63 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
GMVW | QYLD | |
|---|---|---|
Pros |
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Cons |
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GMVW | QYLD |
|---|---|
Higher exposure to AU market | Lower exposure to AU market |
Lower exposure to US market | Higher exposure to US market |
Lower management fee | Higher management fee |
Lower distribution yield | Higher distribution yield |