Compare AU
Compare GOVT vs. MICH
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 SPDR S&P/ASX Australian Government Bond Fund (GOVT) and the Magellan Infrastructure Fund (Currency Hedged)(Managed Fund) (MICH). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
GOVT | MICH | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 5 | 13 |
Median incremental investment | $123.50 | $1,068.57 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $2,028.60 | $1,476.30 |
Average age group | > 35 | > 35 |
Key Summary
GOVT | MICH | |
|---|---|---|
Strategy | GOVT.AX was created on 2012-07-26 by SPDR. The fund's investment portfolio concentrates primarily on investment grade fixed income. The SPDR S&P/ASX Australian Government Bond Fund seeks to closely track, before fees and expenses, the returns of the S&P/ASX Government Bond Index. | MICH.AX was created on 2016-07-19 by Magellan. The fund's investment portfolio concentrates primarily on theme equity. To achieve attractive risk adjusted returns over the medium to long-term, While reducing the risk of permanent capital loss |
Top 3 holdings | Australia (Commonwealth of) 4.5% (2.63 %) Australia (Commonwealth of) 4.75% (2.58 %) Australia (Commonwealth of) 1% (2.57 %) | Aena SME SA (6.97 %) Ferrovial SE (6.23 %) Vinci SA (5.87 %) |
Top 3 industries | Industrials (46.99 %) Utilities (45.11 %) Other (7.90 %) | |
Top 3 countries | United States (38.21 %) Spain (15.62 %) United Kingdom of Great Britain and Northern Ireland (14.04 %) | |
Management fee | 0.1 % | 1.05 % |
Key Summary
GOVT | MICH | |
|---|---|---|
Issuer | SPDR | Magellan |
Tracking index | S&P/ASX Government Bond Index - AUD | S&P Global Infrastructure Hedged to USD Index |
Asset class | ETF | ETF |
Management fee | 0.1 % | 1.05 % |
Price | $24.15 | $2.85 |
Size | $53.257 million | N/A |
10Y return | -7.40 % | N/A |
Annual distribution yield (5Y) | 1.66 % | 4.12 % |
Market | ASX | ASX |
First listed date | 27/07/2012 | 22/07/2016 |
Purchase fee | $6.50 | $6.50 |
Community Stats
GOVT | MICH | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 5 | 13 |
Median incremental investment | $123.50 | $1,068.57 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $2,028.60 | $1,476.30 |
Average age group | > 35 | > 35 |
Pros and Cons
GOVT | MICH | |
|---|---|---|
Pros |
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Cons |
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GOVT | MICH |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Lower exposure to US market | Higher exposure to US market |
Lower management fee | Higher management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |