Compare AU
Compare MHHT vs. EIGA
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 High Conviction Trust - Active ETF (MHHT) and the Aussie Dividends (EIGA). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MHHT | EIGA | |
---|---|---|
Popularity | Low | Low |
Pearlers invested | 8 | 62 |
Median incremental investment | $1,742.00 | $599.39 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $5,081.94 | $1,505.43 |
Average age group | > 35 | > 35 |
Key Summary
MHHT | EIGA | |
---|---|---|
Strategy | MHHT.AX was created on 2019-10-11 by Magellan. The fund's investment portfolio concentrates primarily on total market equity. The investment objective of the Trust is to achieve attractive risk-adjusted returns over the medium to long-term. | EIGA.AX was created on 2018-05-07 by Perennial. The fund's investment portfolio concentrates primarily on total market equity. The objective of the Fund is to provide investors with an attractive level of tax effective income, paid via monthly distributions. The Fund aims to provide a gross yield, adjusted for applicable franking credits, above that provided by the S&P/ASX 300 Franking Credit Adjusted Daily Total Return Index (Tax-Exempt). |
Top 3 holdings | Amazon.com Inc (9.10 %) Microsoft Corp (8.58 %) ASML Holding NV (7.16 %) | BHP Group Ltd (13.12 %) Commonwealth Bank of Australia (6.19 %) CSL Ltd (6.01 %) |
Top 3 industries | Information Technology (32.18 %) Consumer Discretionary (21.16 %) Financials (20.12 %) | Materials (36.73 %) Financials (26.98 %) Health Care (10.75 %) |
Top 3 countries | United States (72.59 %) Netherlands (7.23 %) Canada (6.98 %) | Australia (97.92 %) United States (2.08 %) |
Management fee | 1.5 % | 0.8 % |
Key Summary
MHHT | EIGA | |
---|---|---|
Issuer | Magellan | Perennial |
Tracking index | S&P/ASX 300 Franking Credit Adjusted Daily Total Return Index - AUD - Benchmark TR Net | |
Asset class | ETF | ETF |
Management fee | 1.5 % | 0.8 % |
Price | $2.11 | $3.89 |
Size | N/A | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 1.94 % | 6.44 % |
Market | ASX | ASX |
First listed date | 30/08/2021 | 07/05/2018 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MHHT | EIGA | |
---|---|---|
Popularity | Low | Low |
Pearlers invested | 8 | 62 |
Median incremental investment | $1,742.00 | $599.39 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $5,081.94 | $1,505.43 |
Average age group | > 35 | > 35 |
Pros and Cons
MHHT | EIGA | |
---|---|---|
Pros |
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Cons |
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MHHT | EIGA |
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Lower exposure to AU market | Higher exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |