Back
Compare AU
Compare MFOA vs. ILB
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 iShares Government Inflation ETF (ILB). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MFOA | ILB | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 22 |
Median incremental investment | $693.50 | $1,175.25 |
Median investment frequency | Fortnightly | Fortnightly |
Median total investment | $11,478.46 | $4,378.85 |
Average age group | 26 - 35 | > 35 |
Key Summary
MFOA | ILB | |
|---|---|---|
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). | ILB.AX was created on 2012-03-12 by iShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 1087.91m in AUM and 11 holdings. The fund aims to provide investors with the performance of the Bloomberg AusBond Inflation Government 0+ Yr Index, before fees and expenses. The index is designed to measure the performance of a segment of the Australian bond market comprised of inflation-linked fixed income securities. |
Top 3 holdings | ANZ Group Holdings Ltd (3.43 %) National Australia Bank Ltd (3.19 %) Westpac Banking Corp (3.16 %) | AUSTRALIA (COMMONWEALTH OF) RegS (19.14 %) AUSTRALIA (COMMONWEALTH OF) RegS (15.84 %) AUSTRALIA (COMMONWEALTH OF) RegS (14.80 %) |
Top 3 industries | Other (70.40 %) Materials (13.15 %) Health Care (11.52 %) | Other (99.80 %) Communication Services (0.20 %) |
Top 3 countries | Australia (83.13 %) United States (9.91 %) New Zealand (4.73 %) | |
Management fee | 0 % | 0.18 % |
Key Summary
MFOA | ILB | |
|---|---|---|
Issuer | Milford | iShares |
Tracking index | RBA Cash Rate - AUD - Benchmark TR Gross | Bloomberg AusBond Inflation Government (0+Y) Index - AUD-Australian Dollar |
Asset class | ETF | ETF |
Management fee | 0 % | 0.18 % |
Price | $11.45 | $125.34 |
Size | N/A | $1.081 billion |
10Y return | N/A | 10.23 % |
Annual distribution yield (5Y) | 2.09 % | 1.23 % |
Market | ASX | ASX |
First listed date | 15/01/2023 | 14/03/2012 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MFOA | ILB | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 22 |
Median incremental investment | $693.50 | $1,175.25 |
Median investment frequency | Fortnightly | Fortnightly |
Median total investment | $11,478.46 | $4,378.85 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
MFOA | ILB | |
|---|---|---|
Pros |
| |
Cons |
|
MFOA | ILB |
|---|---|
Higher exposure to AU market | Lower exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Lower management fee | Higher management fee |
Higher price growth | Lower price growth |
Higher distribution yield | Lower distribution yield |