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Compare MFOA vs. OPPT
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 Magellan Global Opportunities Fund - Active ETF (OPPT). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MFOA | OPPT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 6 |
Median incremental investment | $693.50 | $0 |
Median investment frequency | Fortnightly | N/A |
Median total investment | $11,528.76 | $4,587.98 |
Average age group | 26 - 35 | > 35 |
Key Summary
MFOA | OPPT | |
|---|---|---|
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). | OPPT.AX was created on 2019-10-11 by Magellan. The fund's investment portfolio concentrates primarily on total market equity. To outperform the MSCI World Net Total Return Index (AUD) net of fees over periods of three years or longer. |
Top 3 holdings | ANZ Group Holdings Ltd (3.43 %) National Australia Bank Ltd (3.19 %) Westpac Banking Corp (3.16 %) | Microsoft Corp (8.00 %) Amazon.com Inc (7.38 %) Mastercard Inc Class A (5.98 %) |
Top 3 industries | Other (70.40 %) Materials (13.15 %) Health Care (11.52 %) | |
Top 3 countries | Australia (83.13 %) United States (9.91 %) New Zealand (4.73 %) | |
Management fee | 0 % | 0 % |
Key Summary
MFOA | OPPT | |
|---|---|---|
Issuer | Milford | Magellan |
Tracking index | RBA Cash Rate - AUD - Benchmark TR Gross | MSCI World Index |
Asset class | ETF | ETF |
Management fee | 0 % | 0 % |
Price | $11.46 | $1.575 |
Size | N/A | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.09 % | 6.83 % |
Market | ASX | ASX |
First listed date | 15/01/2023 | 30/08/2021 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MFOA | OPPT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 6 |
Median incremental investment | $693.50 | $0 |
Median investment frequency | Fortnightly | N/A |
Median total investment | $11,528.76 | $4,587.98 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
MFOA | OPPT | |
|---|---|---|
Pros |
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Cons |
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MFOA | OPPT |
|---|---|
Higher exposure to AU market | Lower exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Lower distribution yield | Higher distribution yield |