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Compare MFOA vs. SPY
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 State Street SPDR S&P 500 ETF (SPY). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MFOA | SPY | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 315 |
Median incremental investment | $693.50 | $1,193.50 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $11,397.98 | $2,849.85 |
Average age group | 26 - 35 | 26 - 35 |
Key Summary
MFOA | SPY | |
|---|---|---|
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). | SPY.AX was created on 2014-10-13 by SPDR. The fund's investment portfolio concentrates primarily on large cap equity. The SPDR S&P 500 ETF seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500 Index. |
Top 3 holdings | ANZ Group Holdings Ltd (3.43 %) National Australia Bank Ltd (3.19 %) Westpac Banking Corp (3.16 %) | NVIDIA Corp (7.60 %) Apple Inc (6.82 %) Microsoft Corp (5.05 %) |
Top 3 industries | Other (70.40 %) Materials (13.15 %) Health Care (11.52 %) | Information Technology (62.86 %) Consumer Discretionary (15.15 %) Communication Services (13.10 %) |
Top 3 countries | Australia (83.13 %) United States (9.91 %) New Zealand (4.73 %) | United States (99.47 %) Switzerland (0.24 %) China (0.12 %) |
Management fee | 0 % | 0.0945 % |
Key Summary
MFOA | SPY | |
|---|---|---|
Issuer | Milford | SPDR |
Tracking index | RBA Cash Rate - AUD - Benchmark TR Gross | S&P 500 |
Asset class | ETF | ETF |
Management fee | 0 % | 0.0945 % |
Price | $11.34 | $944.07 |
Size | N/A | $955.271 billion |
10Y return | N/A | 251.24 % |
Annual distribution yield (5Y) | 2.09 % | 1.09 % |
Market | ASX | ASX |
First listed date | 15/01/2023 | 13/10/2014 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MFOA | SPY | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 315 |
Median incremental investment | $693.50 | $1,193.50 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $11,397.98 | $2,849.85 |
Average age group | 26 - 35 | 26 - 35 |
Pros and Cons
MFOA | SPY | |
|---|---|---|
Pros |
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Cons |
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MFOA | SPY |
|---|---|
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 |
Higher distribution yield | Lower distribution yield |