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Compare AU

Compare MCCL vs. GMVW

Compare shares and ETFs on the ASX that you can trade on Pearler.

Munro Climate Change Leaders Fund Active ETF

ASX

Buy

Buy

Overview
Performance

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 Munro Climate Change Leaders Fund Active ETF (MCCL) 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

MCCL

GMVW

Popularity

Low

Low

Pearlers invested

35

13

Median incremental investment

$1,010.00

$1,045.25

Median investment frequency

Monthly

Monthly

Median total investment

$2,332.86

$3,535.20

Average age group

26 - 35

> 35

Key Summary

MCCL

GMVW

Strategy

MCCL.AX was created on 2022-01-20 by Munro. The fund's investment portfolio concentrates primarily on theme equity. The Fund is to maximise long term capital appreciation, by investing primarily in a concentrated long-only portfolio of companies focused on decarbonisation and climate change located anywhere in the world. The Fund aims to achieve a return greater than the MSCI All Country World (Net) Index in $A (Net) over a 5 to 7 year period

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 40.51m in AUM and 76 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

GE Vernova Inc (9.23 %)

NextEra Energy Inc (8.82 %)

Linde PLC (7.10 %)

VanEck Australian Equal Wt ETF (221.88 %)

Top 3 industries

Industrials (51.61 %)

Utilities (24.55 %)

Information Technology (12.27 %)

Top 3 countries

United States (73.26 %)

Germany (11.93 %)

China (6.07 %)

Australia (100.00 %)

Management fee

0.9 %

0.35 %

Key Summary

MCCL

GMVW

Issuer

Munro

VanEck

Tracking index

Asset class

ETF

ETF

Management fee

0.9 %

0.35 %

Price

$20.09

$39.11

Size

N/A

$40.546 million

10Y return

N/A

N/A

Annual distribution yield (5Y)

4.91 %

4.96 %

Market

ASX

ASX

First listed date

19/01/2022

28/02/2024

Purchase fee

$6.50

$6.50

Community Stats

MCCL

GMVW

Popularity

Low

Low

Pearlers invested

35

13

Median incremental investment

$1,010.00

$1,045.25

Median investment frequency

Monthly

Monthly

Median total investment

$2,332.86

$3,535.20

Average age group

26 - 35

> 35

Pros and Cons

MCCL

GMVW

Pros

  • Higher exposure to US market

  • Higher exposure to AU market

  • Lower management fee

  • Higher distribution yield

Cons

  • Lower exposure to AU market

  • Higher management fee

  • Lower distribution yield

  • Lower exposure to US market

MCCL

GMVW

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