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Compare MFOA vs. RARI
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 Russell Investments Australian Responsible Investment ETF (RARI). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MFOA | RARI | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 59 |
Median incremental investment | $693.50 | $900.00 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $11,709.84 | $2,520.00 |
Average age group | 26 - 35 | > 35 |
Key Summary
MFOA | RARI | |
|---|---|---|
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). | RARI.AX was created on 2015-04-01 by Russell. The fund's investment portfolio concentrates primarily on high dividend yield equity. To aim to provide a total return before costs and tax, in line with the Russell Australia ESG High Dividend Index over the long term. |
Top 3 holdings | ANZ Group Holdings Ltd (4.48 %) National Australia Bank Ltd (3.45 %) BHP Group Ltd (3.26 %) | Commonwealth Bank of Australia (12.03 %) National Australia Bank Ltd (6.57 %) Westpac Banking Corp (5.94 %) |
Top 3 industries | Other (70.40 %) Materials (13.15 %) Health Care (11.52 %) | Financials (61.74 %) Health Care (11.46 %) Consumer Discretionary (9.08 %) |
Top 3 countries | Australia (83.13 %) United States (9.91 %) New Zealand (4.73 %) | Australia (100.00 %) |
Management fee | 0 % | 0.45 % |
Key Summary
MFOA | RARI | |
|---|---|---|
Issuer | Milford | Russell |
Tracking index | RBA Cash Rate - AUD - Benchmark TR Gross | Russell Australia ESG High Dividend Index - AUD |
Asset class | ETF | ETF |
Management fee | 0 % | 0.45 % |
Price | $11.63 | $30.47 |
Size | N/A | $467.374 million |
10Y return | N/A | 35.12 % |
Annual distribution yield (5Y) | 2.09 % | 3.70 % |
Market | ASX | ASX |
First listed date | 15/01/2023 | 08/04/2015 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MFOA | RARI | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 59 |
Median incremental investment | $693.50 | $900.00 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $11,709.84 | $2,520.00 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
MFOA | RARI | |
|---|---|---|
Pros |
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Cons |
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MFOA | RARI |
|---|---|
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 |