Back
Compare AU
Compare MFOA vs. IOZ
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 Core S&P/ASX 200 ETF (IOZ). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MFOA | IOZ | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 929 |
Median incremental investment | $693.50 | $1,000.00 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $1,374.66 | $2,911.82 |
Average age group | 26 - 35 | > 35 |
Key Summary
MFOA | IOZ | |
|---|---|---|
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). | The fund seeks to track the performance of the S&P/ASX 200 Accumulation Index before considering fees, expenses, and taxes. The index consists of the 200 largest Australian securities listed on the ASX. |
Top 3 holdings | BHP Group Ltd (4.15 %) Westpac Banking Corp (3.32 %) CSL Ltd (3.25 %) | COMMONWEALTH BANK OF AUSTRALIA (10.63 %) BHP GROUP LTD (7.83 %) WESTPAC BANKING CORPORATION CORP (4.90 %) |
Top 3 industries | Other (70.40 %) Materials (13.15 %) Health Care (11.52 %) | Financials (33.09 %) Materials (17.71 %) Health Care (8.35 %) |
Top 3 countries | Australia (83.13 %) United States (9.91 %) New Zealand (4.73 %) | Australia (95.21 %) United States (3.22 %) New Zealand (0.60 %) |
Management fee | 0 % | 0.05 % |
Key Summary
MFOA | IOZ | |
|---|---|---|
Issuer | Milford | iShares |
Tracking index | RBA Cash Rate - AUD - Benchmark TR Gross | S&P ASX 200 |
Asset class | ETF | ETF |
Management fee | 0 % | 0.05 % |
Price | $11.50 | $35.51 |
Size | N/A | $7.861 billion |
10Y return | N/A | 70.07 % |
Annual distribution yield (5Y) | 2.09 % | 4.03 % |
Market | ASX | ASX |
First listed date | 15/01/2023 | 09/12/2010 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MFOA | IOZ | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 929 |
Median incremental investment | $693.50 | $1,000.00 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $1,374.66 | $2,911.82 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
MFOA | IOZ | |
|---|---|---|
Pros |
|
|
Cons |
|
|
MFOA | IOZ |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |