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Compare AU

Compare GMVW vs. UYLD

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

VanEck Geared Australian Equal Weight Complex ETF

ASX

Buy

Buy

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 VanEck Geared Australian Equal Weight Complex ETF (GMVW) and the Global X S&P 500 Covered Call Complex ETF (UYLD). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.

Community Stats

GMVW

UYLD

Popularity

Low

Low

Pearlers invested

13

10

Median incremental investment

$1,074.75

$1,210.13

Median investment frequency

Monthly

Fortnightly

Median total investment

$3,381.30

$3,126.96

Average age group

> 35

> 35

Key Summary

GMVW

UYLD

Strategy

GMVW.AX was created on 2024-02-27 by VanEck. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 39.36m in AUM and 77 holdings. 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.

UYLD.AX was created on 2023-01-30 by Global X. The fund's investment portfolio concentrates primarily on total market equity. The Fund aims to provide investors with a return that (before fees and expenses) tracks the performance of the Cboe S&P 500 BuyWrite Index.

Top 3 holdings

VanEck Australian Equal Wt ETF (223.17 %)

NVIDIA Corp (7.84 %)

Apple Inc (6.91 %)

Microsoft Corp (5.10 %)

Top 3 industries

Information Technology (62.88 %)

Consumer Discretionary (14.80 %)

Communication Services (13.64 %)

Top 3 countries

Australia (100.00 %)

United States (99.47 %)

Switzerland (0.24 %)

China (0.12 %)

Management fee

0.35 %

0.6 %

Key Summary

GMVW

UYLD

Issuer

VanEck

Global X

Tracking index

CBOE S&P 500 BuyWrite Index

Asset class

ETF

ETF

Management fee

0.35 %

0.6 %

Price

$37.57

$10.32

Size

$39.691 million

$12.512 million

10Y return

N/A

N/A

Annual distribution yield (5Y)

4.96 %

6.42 %

Market

ASX

ASX

First listed date

28/02/2024

31/01/2023

Purchase fee

$6.50

$6.50

Community Stats

GMVW

UYLD

Popularity

Low

Low

Pearlers invested

13

10

Median incremental investment

$1,074.75

$1,210.13

Median investment frequency

Monthly

Fortnightly

Median total investment

$3,381.30

$3,126.96

Average age group

> 35

> 35

Pros and Cons

GMVW

UYLD

Pros

  • Higher exposure to AU market

  • Lower management fee

  • Higher exposure to US market

  • Higher distribution yield

Cons

  • Lower exposure to US market

  • Lower distribution yield

  • Lower exposure to AU market

  • Higher management fee

GMVW

UYLD

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