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Compare ILC 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 S&P/ASX 20 ETF (ILC) 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
ILC | MKAX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 31 | 1 |
Median incremental investment | $942.11 | $4,990.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $4,173.22 | $4,558.40 |
Average age group | > 35 | 26 - 35 |
Key Summary
ILC | MKAX | |
|---|---|---|
Strategy | ILC.AX was created on 2010-12-06 by iShares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 742.79m in AUM and 21 holdings. The Fund aims to provide investors with the performance of an index, before fees and expenses. The index is designed to measure the performance of the 20 largest Australian securities listed on the ASX. | 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 | COMMONWEALTH BANK OF AUSTRALIA (17.31 %) BHP GROUP LTD (12.76 %) WESTPAC BANKING CORPORATION CORP (7.98 %) | KKR & Co Inc Ordinary Shares (16.20 %) Amazon.com Inc (15.25 %) Blackstone Inc (14.34 %) |
Top 3 industries | Financials (44.72 %) Materials (17.08 %) Consumer Discretionary (8.98 %) | Financials (30.27 %) Information Technology (27.44 %) Consumer Discretionary (21.33 %) |
Top 3 countries | Australia (98.61 %) United States (1.39 %) | |
Management fee | 0.24 % | 1.25 % |
Key Summary
ILC | MKAX | |
|---|---|---|
Issuer | iShares | Montaka |
Tracking index | S&P/ASX 20 - AUD | |
Asset class | ETF | ETF |
Management fee | 0.24 % | 1.25 % |
Price | $32.84 | $4.27 |
Size | $740.257 million | N/A |
10Y return | 48.66 % | N/A |
Annual distribution yield (5Y) | 4.63 % | 4.82 % |
Market | ASX | ASX |
First listed date | 09/12/2010 | 23/06/2020 |
Purchase fee | $6.50 | $6.50 |
Community Stats
ILC | MKAX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 31 | 1 |
Median incremental investment | $942.11 | $4,990.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $4,173.22 | $4,558.40 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
ILC | MKAX | |
|---|---|---|
Pros |
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Cons |
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ILC | 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 |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |