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Compare IGRO vs. MKAX
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 High Growth Esg ETF (IGRO) and the Montaka Global Extension Fund - Complex ETF (MKAX). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
IGRO | MKAX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 13 | 1 |
Median incremental investment | $755.47 | $4,990.50 |
Median investment frequency | Quarterly | Fortnightly |
Median total investment | $1,850.68 | $4,558.40 |
Average age group | > 35 | 26 - 35 |
Key Summary
IGRO | MKAX | |
|---|---|---|
Strategy | IGRO.AX was created on 2022-08-15 by iShares. The fund's investment portfolio concentrates primarily on target outcome asset allocation. The Fund aims to provide investors with the performance of the various indices of the Underlying Funds | MKAX.AX was created on 2020-06-24 by Montaka. The fund's investment portfolio concentrates primarily on long/short alternatives. The Fund aims to provide Unitholders with long term capital growth, with a focus on managing downside risk. |
Top 3 holdings | iShares Core MSCI Wld Ex Aus ESG ETF (43.45 %) iShares Core MSCI Australia ESG ETF (28.34 %) iShares Core MSCI Wld ex Aus ESG AUHDETF (18.51 %) | KKR & Co Inc Ordinary Shares (16.20 %) Amazon.com Inc (15.25 %) Blackstone Inc (14.34 %) |
Top 3 industries | Other (99.98 %) Communication Services (0.02 %) | Financials (30.27 %) Information Technology (27.44 %) Consumer Discretionary (21.33 %) |
Top 3 countries | United States (47.22 %) Australia (36.23 %) Japan (3.92 %) | |
Management fee | 0.22 % | 1.25 % |
Key Summary
IGRO | MKAX | |
|---|---|---|
Issuer | iShares | Montaka |
Tracking index | 34% MSCI Australia IMI Custom ESG Leaders Index - 43% MSCI World Ex Australia Custom ESG Leaders Index - 13% MSCI World Ex Australia Custom ESG Leaders Index AUD Hedged - 10% Other Benchmark - Benchmark TR Net | |
Asset class | ETF | ETF |
Management fee | 0.22 % | 1.25 % |
Price | $35.13 | $4.10 |
Size | $21.583 million | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.33 % | 4.82 % |
Market | ASX | ASX |
First listed date | 16/08/2022 | 23/06/2020 |
Purchase fee | $6.50 | $6.50 |
Community Stats
IGRO | MKAX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 13 | 1 |
Median incremental investment | $755.47 | $4,990.50 |
Median investment frequency | Quarterly | Fortnightly |
Median total investment | $1,850.68 | $4,558.40 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
IGRO | MKAX | |
|---|---|---|
Pros |
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Cons |
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IGRO | MKAX |
|---|---|
Higher exposure to AU market | Lower exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |