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Compare IEU 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 iShares Europe ETF (IEU) 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
IEU | WIRE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 143 | 316 |
Median incremental investment | $1,092.07 | $1,293.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,317.20 | $2,128.56 |
Average age group | 26 - 35 | > 35 |
Key Summary
IEU | WIRE | |
|---|---|---|
Strategy | IEU.AX was created on 2000-07-25 by iShares. The fund's investment portfolio concentrates primarily on total market equity. The fund aims to provide investors with the performance of the S&P Europe 350TM Index, before fees and expenses. The index is designed to measure the performance of large capitalisation equities and covers 16 major developed European markets | 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 | ISHARES EUROPE ETF TRUST (99.97 %) AUD CASH (0.12 %) USD/AUD (0.00 %) | Lundin Mining Corp (6.28 %) Sumitomo Metal Mining Co Ltd (6.05 %) Boliden AB (5.40 %) |
Top 3 industries | Other (99.93 %) Communication Services (0.07 %) | Materials (89.37 %) Other (10.63 %) |
Top 3 countries | United Kingdom of Great Britain and Northern Ireland (22.55 %) Switzerland (14.59 %) Germany (14.45 %) | Canada (32.90 %) China (15.64 %) United States (10.73 %) |
Management fee | 0.59 % | 0.65 % |
Key Summary
IEU | WIRE | |
|---|---|---|
Issuer | iShares | Global X |
Tracking index | S&P Europe 350 Index - AUD | Solactive Global Copper Miners Index |
Asset class | ETF | ETF |
Management fee | 0.59 % | 0.65 % |
Price | $96.55 | $23.52 |
Size | $897.196 million | $752.415 million |
10Y return | 88.02 % | N/A |
Annual distribution yield (5Y) | 2.62 % | 1.28 % |
Market | ASX | ASX |
First listed date | 10/10/2007 | 22/11/2022 |
Purchase fee | $6.50 | $6.50 |
Community Stats
IEU | WIRE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 143 | 316 |
Median incremental investment | $1,092.07 | $1,293.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,317.20 | $2,128.56 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
IEU | WIRE | |
|---|---|---|
Pros |
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Cons |
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IEU | WIRE |
|---|---|
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 |
Higher distribution yield | Lower distribution yield |