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Compare ITEK vs. MQAE
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 Nasdaq Top 30 ETF (ITEK) and the Macquarie Core Australian Equity Active ETF (MQAE). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
ITEK | MQAE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 23 |
Median incremental investment | $2,500.00 | $1,146.75 |
Median investment frequency | Monthly | Monthly |
Median total investment | $10,640.96 | $2,380.68 |
Average age group | > 35 | > 35 |
Key Summary
ITEK | MQAE | |
|---|---|---|
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 | MQAE.AX was created on 2024-05-13 by Macquarie. The fund's investment portfolio concentrates primarily on total market equity. The Fund aims to outperform the S&P/ASX 300 Accumulation Index (Index) over the medium to long term (before fees). |
Top 3 holdings | iShares Nasdaq Top 30 Stocks ETF (99.93 %) | Commonwealth Bank of Australia (8.65 %) BHP Group Ltd (8.46 %) ANZ Group Holdings Ltd (4.68 %) |
Top 3 industries | Other (99.97 %) Communication Services (0.00 %) | Financials (57.24 %) Materials (14.95 %) Health Care (9.85 %) |
Top 3 countries | United States (98.65 %) Canada (1.35 %) | Australia (95.44 %) United States (3.08 %) New Zealand (0.64 %) |
Management fee | 0.63 % | 0.03 % |
Key Summary
ITEK | MQAE | |
|---|---|---|
Issuer | iShares | Macquarie |
Tracking index | S&P/ASX 300 Accumulation Index - AUD - Benchmark TR Net | |
Asset class | ETF | ETF |
Management fee | 0.63 % | 0.03 % |
Price | $30.23 | $11.67 |
Size | $7.970 million | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 0.77 % | 1.08 % |
Market | ASX | ASX |
First listed date | 16/08/2022 | 14/05/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
ITEK | MQAE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 23 |
Median incremental investment | $2,500.00 | $1,146.75 |
Median investment frequency | Monthly | Monthly |
Median total investment | $10,640.96 | $2,380.68 |
Average age group | > 35 | > 35 |
Pros and Cons
ITEK | MQAE | |
|---|---|---|
Pros |
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Cons |
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ITEK | MQAE |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Higher management fee | Lower management fee |
Lower distribution yield | Higher distribution yield |