Compare AU
Compare IPAY vs. UMAX
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 BetaShares Future of Payments ETF (IPAY) and the BetaShares S&P 500 Yield Maximiser Fund (Managed Fund) (UMAX). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
IPAY | UMAX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 2 | 43 |
Median incremental investment | $516.50 | $993.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $962.20 | $2,588.76 |
Average age group | > 35 | > 35 |
Key Summary
IPAY | UMAX | |
|---|---|---|
Strategy | IPAY.AX was created on 2021-12-13 by BetaShares. The fund's investment portfolio concentrates primarily on total market equity. IPAY.AX aims to track the performance of an Index (before fees and expenses) that provides exposure to a | UMAX.AX was created on 2014-09-17 by BetaShares. The fund's investment portfolio concentrates primarily on large cap equity. UMAX.AX aims to generate attractive quarterly income and reduce the volatility of portfolio returns by implementing an equity income investment strategy over a portfolio of stocks comprising the S&P 500 Index. UMAX.AX does not aim to track an index. |
Top 3 holdings | AMERICAN EXPRESS CO (6.43 %) PAYPAL HOLDINGS INC (6.24 %) VISA INC (6.13 %) | SPX US 01/17/25 C6090 (0 %) ISHARES CORE S&P 500 ETF (97.18 %) AUD - AUSTRALIA DOLLAR (1.57 %) |
Top 3 industries | Financials (80.80 %) Other (13.73 %) Information Technology (5.47 %) | Other (99.94 %) Communication Services (0.06 %) |
Top 3 countries | United States (82.97 %) Netherlands (4.72 %) United Kingdom of Great Britain and Northern Ireland (3.47 %) | United States (99.40 %) Switzerland (0.28 %) Netherlands (0.13 %) |
Management fee | 0.67 % | 0.79 % |
Key Summary
IPAY | UMAX | |
|---|---|---|
Issuer | BetaShares | BetaShares |
Tracking index | Nasdaq CTA Global Digital Payments Index - AUD - Benchmark TR Net | |
Asset class | ETF | ETF |
Management fee | 0.67 % | 0.79 % |
Price | $14.15 | $27.45 |
Size | $3.053 million | $260.470 million |
10Y return | N/A | 74.51 % |
Annual distribution yield (5Y) | - % | 6.14 % |
Market | ASX | ASX |
First listed date | 14/12/2021 | 19/09/2014 |
Purchase fee | $6.50 | $6.50 |
Community Stats
IPAY | UMAX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 2 | 43 |
Median incremental investment | $516.50 | $993.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $962.20 | $2,588.76 |
Average age group | > 35 | > 35 |
Pros and Cons
IPAY | UMAX | |
|---|---|---|
Pros |
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Cons |
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IPAY | UMAX |
|---|---|
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 price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |