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Compare MGOC vs. GDX
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 VanEck Gold Miners ETF (GDX). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MGOC | GDX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 39 | 94 |
Median incremental investment | $908.32 | $1,060.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,904.60 | $2,446.10 |
Average age group | > 35 | > 35 |
Key Summary
MGOC | GDX | |
|---|---|---|
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. | GDX.AX was created on 2015-06-26 by VanEck. The fund's investment portfolio concentrates primarily on materials equity. To achieve this investment objective, GDX.AX employs a passive management strategy of investing in the NYSE-listed GDX.AX issued and operated by VanEck in the United States. |
Top 3 holdings | Microsoft Corp (7.50 %) Amazon.com Inc (7.10 %) Mastercard Inc Class A (4.57 %) | Newmont Corp (12.81 %) Agnico Eagle Mines Ltd (12.09 %) Wheaton Precious Metals Corp (7.96 %) |
Top 3 industries | Communication Services (23.97 %) Financials (18.97 %) Information Technology (16.04 %) | Materials (78.11 %) Other (21.89 %) |
Top 3 countries | Canada (52.17 %) United States (17.26 %) Australia (11.76 %) | |
Management fee | 1.35 % | 0.53 % |
Key Summary
MGOC | GDX | |
|---|---|---|
Issuer | Magellan | VanEck |
Tracking index | NYSE Arca Gold Miners Index - AUD | |
Asset class | ETF | ETF |
Management fee | 1.35 % | 0.53 % |
Price | $3.13 | $80.68 |
Size | $7.193 billion | $817.928 million |
10Y return | N/A | 247.61 % |
Annual distribution yield (5Y) | 5.27 % | 1.24 % |
Market | ASX | ASX |
First listed date | 29/11/2020 | 26/06/2015 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MGOC | GDX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 39 | 94 |
Median incremental investment | $908.32 | $1,060.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,904.60 | $2,446.10 |
Average age group | > 35 | > 35 |
Pros and Cons
MGOC | GDX | |
|---|---|---|
Pros |
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Cons |
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MGOC | GDX |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Lower exposure to US market | Higher exposure to US market |
Higher management fee | Lower management fee |
Lower price growth | Higher price growth |
Higher distribution yield | Lower distribution yield |