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Compare MCGG vs. ITEK
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 Munro Concentrated Global Growth Active ETF (MCGG) and the iShares Future Tech Innovators ETF (ITEK). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MCGG | ITEK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 13 | 2 |
Median incremental investment | $1,014.14 | $2,500.00 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $4,097.00 | $5,694.38 |
Average age group | > 35 | > 35 |
Key Summary
MCGG | ITEK | |
|---|---|---|
Strategy | MCGG.AX was created on 2022-02-03 by Munro. The fund's investment portfolio concentrates primarily on total market equity. To maximise long term capital appreciation primarily through exposure to a concentrated portfolio of growth-oriented equities issued by companies located anywhere in the world, except Australia. | 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 |
Top 3 holdings | Amazon.com Inc (5.01 %) NVIDIA Corp (4.74 %) Microsoft Corp (4.26 %) | iShares Smart City Infra ETF USD Inc (16.83 %) iShares Digitalisation ETF USD Acc (16.82 %) iShares Automation&Robotics ETF USD Dist (16.78 %) |
Top 3 industries | Information Technology (20.93 %) Communication Services (18.46 %) Other (17.41 %) | Other (99.97 %) Communication Services (0.00 %) |
Top 3 countries | United States (53.40 %) Japan (7.60 %) China (4.56 %) | |
Management fee | 0.7 % | 0.63 % |
Key Summary
MCGG | ITEK | |
|---|---|---|
Issuer | Munro | iShares |
Tracking index | ||
Asset class | ETF | ETF |
Management fee | 0.7 % | 0.63 % |
Price | $14.37 | $29.86 |
Size | N/A | $7.264 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 5.58 % | 0.49 % |
Market | ASX | ASX |
First listed date | 02/02/2022 | 16/08/2022 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MCGG | ITEK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 13 | 2 |
Median incremental investment | $1,014.14 | $2,500.00 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $4,097.00 | $5,694.38 |
Average age group | > 35 | > 35 |
Pros and Cons
MCGG | ITEK | |
|---|---|---|
Pros |
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Cons |
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MCGG | ITEK |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Lower exposure to US market | Higher exposure to US market |
Higher management fee | Lower management fee |
Higher distribution yield | Lower distribution yield |