Compare AU
Compare ITEK vs. GEAR
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 Future Tech Innovators ETF (ITEK) and the Aussie Shares (geared) (GEAR). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
ITEK | GEAR | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 2 | 193 |
Median incremental investment | $2,500.00 | $1,000.00 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $5,568.75 | $2,295.43 |
Average age group | > 35 | 26 - 35 |
Key Summary
ITEK | GEAR | |
|---|---|---|
Strategy | ITEK.AX was created on 2022-08-15 by iShares. The fund's investment portfolio concentrates primarily on theme equity. The Fund aims to provide investors with the performance of the equally weighted return of the various indices of the Underlying Funds in which the Fund invests, before fees and expenses | GEAR.AX was created on 2014-04-30 by BetaShares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 430.08m in AUM and 201 holdings. The Fund aims to provide investors with geared exposure to a diversified portfolio of Australian shares as simply as buying any share on the ASX. As the fund is internally geared, investors do not need to take out margin loans and do not have the possibility of margin calls in relation to their investment in the Fund. |
Top 3 holdings | iShares Digitalisation ETF USD Acc (17.14 %) iShares Automation&Robotics ETF USD Dist (17.06 %) iShares Smart City Infra ETF USD Inc (16.66 %) | COMMONWEALTH BANK OF AUSTRALIA (19.29 %) BHP GROUP LTD (19.01 %) CSL LTD (12.95 %) |
Top 3 industries | Other (99.97 %) Communication Services (0.00 %) | Other (35.58 %) Financials (20.56 %) Materials (12.96 %) |
Top 3 countries | United States (53.40 %) Japan (7.60 %) China (4.56 %) | Australia (94.91 %) United States (3.06 %) New Zealand (1.56 %) |
Management fee | 0.63 % | 0.8 % |
Key Summary
ITEK | GEAR | |
|---|---|---|
Issuer | iShares | BetaShares |
Tracking index | ||
Asset class | ETF | ETF |
Management fee | 0.63 % | 0.8 % |
Price | $29.70 | $32.33 |
Size | $5.613 million | $459.370 million |
10Y return | N/A | 78.82 % |
Annual distribution yield (5Y) | 0.08 % | 9.20 % |
Market | ASX | ASX |
First listed date | 16/08/2022 | 02/05/2014 |
Purchase fee | $6.50 | $6.50 |
Community Stats
ITEK | GEAR | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 2 | 193 |
Median incremental investment | $2,500.00 | $1,000.00 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $5,568.75 | $2,295.43 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
ITEK | GEAR | |
|---|---|---|
Pros |
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Cons |
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ITEK | GEAR |
|---|---|
Lower exposure to AU market | Higher 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 |