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Compare MGOC vs. DACE
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 Magellan Global Fund -Open Class Units -Active ETF (MGOC) and the Dimensional Australian Core Equity Trust - Active ETF (DACE). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MGOC | DACE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 43 | 16 |
Median incremental investment | $990.50 | $2,497.46 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,499.12 | $5,245.24 |
Average age group | > 35 | 26 - 35 |
Key Summary
MGOC | DACE | |
|---|---|---|
Strategy | MGOC.AX was created on 2007-07-01 by Magellan. The fund's investment portfolio concentrates primarily on total market equity. The investment objectives of the Fund are to achieve attractive risk-adjusted returns over the medium to long-term while reducing the risk of permanent capital loss. The Fund aims to deliver 9% p.a. net of fees over the economic cycle. | DACE.AX was created on 2006-07-03 by Dimensional. The fund's investment portfolio concentrates primarily on total market equity. The investment objective of the Fund is to provide long-term capital growth by gaining exposure to a diversified portfolio of securities listed in Australia with increased emphasis on higher expected return securities relative to a Market Capitalisation Weighted portfolio |
Top 3 holdings | Amazon.com Inc (7.90 %) Microsoft Corp (7.52 %) Taiwan Semiconductor Manufacturing Co Ltd ADR (5.11 %) | BHP Group Ltd (8.84 %) Commonwealth Bank of Australia (4.17 %) National Australia Bank Ltd (2.98 %) |
Top 3 industries | Consumer Discretionary (24.19 %) Other (18.92 %) Communication Services (17.48 %) | Financials (40.36 %) Materials (26.23 %) Consumer Discretionary (7.34 %) |
Top 3 countries | ||
Management fee | 1.35 % | 0.28 % |
Key Summary
MGOC | DACE | |
|---|---|---|
Issuer | Magellan | Dimensional |
Tracking index | S&P/ASX 300 Index - AUD | |
Asset class | ETF | ETF |
Management fee | 1.35 % | 0.28 % |
Price | $3.12 | $18.19 |
Size | $7.047 billion | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 5.27 % | 2.51 % |
Market | ASX | ASX |
First listed date | 29/11/2020 | 12/11/2023 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MGOC | DACE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 43 | 16 |
Median incremental investment | $990.50 | $2,497.46 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,499.12 | $5,245.24 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
MGOC | DACE | |
|---|---|---|
Pros |
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Cons |
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MGOC | DACE |
|---|---|
Higher management fee | Lower management fee |
Higher distribution yield | Lower distribution yield |