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Compare MFOA vs. FOOD
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 Milford Australian Absolute Growth Complex ETF (MFOA) and the Betashares Glb Agriculture Comp Currency Hdgd ETF (FOOD). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MFOA | FOOD | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 3 | 63 |
Median incremental investment | $565.60 | $1,000.44 |
Median investment frequency | Monthly | Monthly |
Median total investment | $634.70 | $1,731.14 |
Average age group | 26 - 35 | > 35 |
Key Summary
MFOA | FOOD | |
|---|---|---|
Strategy | MFOA.AX was created on 2023-01-16 by Milford. The fund's investment portfolio concentrates primarily on multi-strategy alternatives. The Fund targets absolute returns with an annualised return objective of 5% above the RBA cash rate while seeking to preserve investor capital over rolling three year periods (net of fees). | FOOD.AX was created on 2016-08-02 by BetaShares. The fund's investment portfolio concentrates primarily on theme equity. The Investment objective of the Betashares Global Agriculture Companies ETF - Currency Hedged is to provide an investment returns that aims to track the performance of the Nasdaq Global ex - Australia company hedged AUD Index. |
Top 3 holdings | National Australia Bank Ltd (3.82 %) Westpac Banking Corp (3.81 %) ANZ Group Holdings Ltd (3.66 %) | BRL - BRAZILIAN REAL (0 %) CAD - CANADA DOLLAR (0 %) AUD - AUSTRALIA DOLLAR (0 %) |
Top 3 industries | Other (70.40 %) Materials (13.15 %) Health Care (11.52 %) | Other (83.95 %) Communication Services (33.94 %) Consumer Staples (6.64 %) |
Top 3 countries | Australia (83.13 %) United States (9.91 %) New Zealand (4.73 %) | United States (44.88 %) Japan (18.72 %) Norway (9.47 %) |
Management fee | 0 % | 0.47 % |
Key Summary
MFOA | FOOD | |
|---|---|---|
Issuer | Milford | BetaShares |
Tracking index | RBA Cash Rate - AUD - Benchmark TR Gross | Nasdaq Global ex-Australia Agriculture Companies Hedged AUD Index - AUD |
Asset class | ETF | ETF |
Management fee | 0 % | 0.47 % |
Price | $11.51 | $8.44 |
Size | N/A | $78.347 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.09 % | 2.22 % |
Market | ASX | ASX |
First listed date | 15/01/2023 | 04/08/2016 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MFOA | FOOD | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 3 | 63 |
Median incremental investment | $565.60 | $1,000.44 |
Median investment frequency | Monthly | Monthly |
Median total investment | $634.70 | $1,731.14 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
MFOA | FOOD | |
|---|---|---|
Pros |
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Cons |
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MFOA | FOOD |
|---|---|
Higher exposure to AU market | Lower exposure to AU market |
Lower exposure to US market | Higher exposure to US market |
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |