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Compare L1IF vs. MVE
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 S&P/ASX Midcap ETF (MVE). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
L1IF | MVE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 3 | 46 |
Median incremental investment | $7,866.82 | $975.29 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $5,178.81 | $3,708.38 |
Average age group | 26 - 35 | > 35 |
Key Summary
L1IF | MVE | |
|---|---|---|
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. | MVE.AX was created on 2013-10-14 by VanEck. The fund's investment portfolio concentrates primarily on mid cap equity. The ETF currently has 511.84m in AUM and 51 holdings. The Fund is designed to capture the performance of the 50 midcap companies listed on ASX having Market Capitalisation ranking from 51 to 100. |
Top 3 holdings | AerCap Holdings NV (9.53 %) Amazon.com Inc (8.36 %) NVIDIA Corp (6.42 %) | Mineral Resources Ltd (3.26 %) Sandfire Resources Ltd (3.13 %) Orica Ltd (3.10 %) |
Top 3 industries | Financials (33.97 %) Consumer Discretionary (19.83 %) Health Care (13.03 %) | Materials (20.27 %) Consumer Discretionary (20.22 %) Real Estate (18.54 %) |
Top 3 countries | United States (90.45 %) France (3.54 %) Spain (2.79 %) | Australia (87.98 %) United States (6.16 %) United Kingdom of Great Britain and Northern Ireland (2.27 %) |
Management fee | 1.2 % | 0.45 % |
Key Summary
L1IF | MVE | |
|---|---|---|
Issuer | L1 Capital | VanEck |
Tracking index | S&P/ASX Midcap 50 Index - AUD | |
Asset class | ETF | ETF |
Management fee | 1.2 % | 0.45 % |
Price | $6.27 | $44.40 |
Size | N/A | $503.695 million |
10Y return | N/A | 90.72 % |
Annual distribution yield (5Y) | 1.84 % | 2.90 % |
Market | ASX | ASX |
First listed date | 21/11/2023 | 16/10/2013 |
Purchase fee | $6.50 | $6.50 |
Community Stats
L1IF | MVE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 3 | 46 |
Median incremental investment | $7,866.82 | $975.29 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $5,178.81 | $3,708.38 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
L1IF | MVE | |
|---|---|---|
Pros |
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Cons |
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L1IF | MVE |
|---|---|
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 price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |