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Compare L1IF vs. GMVW
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 L1 Capital International (Unhedged) Active ETF (L1IF) and the VanEck Geared Australian Equal Weight Complex ETF (GMVW). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
L1IF | GMVW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 2 | 12 |
Median incremental investment | $10,065.14 | $1,075.00 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $17,760.73 | $6,338.40 |
Average age group | 26 - 35 | > 35 |
Key Summary
L1IF | GMVW | |
|---|---|---|
Strategy | L1IF.AX was created on 2023-11-22 by L1 Capital. The fund's investment portfolio concentrates primarily on total market equity. The objective of the Fund is to outperform the Benchmark net of fees and expenses over rolling 5 year periods. | GMVW.AX was created on 2024-02-27 by VanEck. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 32.53m in AUM and 73 holdings. The Fund has a target gearing ratio of 45% to 60%. The gearing ratio may change due to factors such as market movements, applications, redemptions, borrowing costs, expected dividends or changes to the amount borrowed and any restrictions in borrowing agreements. |
Top 3 holdings | HCA Healthcare Inc (8.48 %) AerCap Holdings NV (8.30 %) Microsoft Corp (7.47 %) | VanEck Australian Equal Wt ETF (221.33 %) |
Top 3 industries | Financials (33.97 %) Consumer Discretionary (19.83 %) Health Care (13.03 %) | |
Top 3 countries | ||
Management fee | 1.2 % | 0.35 % |
Key Summary
L1IF | GMVW | |
|---|---|---|
Issuer | L1 Capital | VanEck |
Tracking index | ||
Asset class | ETF | ETF |
Management fee | 1.2 % | 0.35 % |
Price | $6.95 | $41.70 |
Size | N/A | $34.371 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.46 % | 4.72 % |
Market | ASX | ASX |
First listed date | 21/11/2023 | 28/02/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
L1IF | GMVW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 2 | 12 |
Median incremental investment | $10,065.14 | $1,075.00 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $17,760.73 | $6,338.40 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
L1IF | GMVW | |
|---|---|---|
Pros |
| |
Cons |
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L1IF | GMVW |
|---|---|
Higher management fee | Lower management fee |
Lower distribution yield | Higher distribution yield |