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Compare MHHT vs. ICOR

Compare shares and ETFs on the ASX that you can trade on Pearler.

Magellan High Conviction Trust - Active ETF

ASX

Buy

Buy

Overview
Performance

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 Core Aussie Corporate Bonds (ICOR). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.

Community Stats

MHHT

ICOR

Popularity

Low

Low

Pearlers invested

8

4

Median incremental investment

$1,742.00

$556.14

Median investment frequency

Fortnightly

Monthly

Median total investment

$5,081.94

$3,382.44

Average age group

> 35

26 - 35


Key Summary

MHHT

ICOR

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.

ICOR.AX was created on 2020-05-27 by iShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. The Fund aims to provide investors with the performance of an index, before fees and expenses.

Top 3 holdings

Amazon.com Inc (9.10 %)

Microsoft Corp (8.58 %)

ASML Holding NV (7.16 %)

NATIONAL AUSTRALIA BANK LTD MTN RegS (1.44 %)

LONSDALE FINANCE PTY LTD MTN RegS (1.39 %)

AUSGRID FINANCE PTY LTD MTN (1.26 %)

Top 3 industries

Information Technology (32.18 %)

Consumer Discretionary (21.16 %)

Financials (20.12 %)

Other (97.20 %)

Communication Services (1.33 %)

Utilities (0.68 %)

Top 3 countries

United States (72.59 %)

Netherlands (7.23 %)

Canada (6.98 %)

Management fee

1.5 %

0.15 %


Key Summary

MHHT

ICOR

Issuer

Magellan

iShares

Tracking index

Bloomberg AusBond Credit (0+Y) Index - AUD

Asset class

ETF

ETF

Management fee

1.5 %

0.15 %

Price

$2.11

$95.28

Size

N/A

$252.446 million

10Y return

N/A

N/A

Annual distribution yield (5Y)

1.94 %

2.09 %

Market

ASX

ASX

First listed date

30/08/2021

28/05/2020

Purchase fee

$6.50

$6.50


Community Stats

MHHT

ICOR

Popularity

Low

Low

Pearlers invested

8

4

Median incremental investment

$1,742.00

$556.14

Median investment frequency

Fortnightly

Monthly

Median total investment

$5,081.94

$3,382.44

Average age group

> 35

26 - 35


Pros and Cons

MHHT

ICOR

Pros

  • Higher exposure to US market

  • Lower management fee

  • Higher distribution yield

Cons

  • Higher management fee

  • Lower distribution yield

  • Lower exposure to US market

MHHT

ICOR

Higher exposure to US market

Lower exposure to US market

Higher management fee

Lower management fee

Lower distribution yield

Higher distribution yield

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