Compare AU
Compare MICH vs. GEAR
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 Infrastructure Fund (Currency Hedged)(Managed Fund) (MICH) and the BetaShares Geared Australian Equity Fund (Hedge Fund) (GEAR). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MICH | GEAR | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 13 | 196 |
Median incremental investment | $1,068.57 | $1,000.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,476.30 | $2,273.76 |
Average age group | > 35 | 26 - 35 |
Key Summary
MICH | GEAR | |
|---|---|---|
Strategy | MICH.AX was created on 2016-07-19 by Magellan. The fund's investment portfolio concentrates primarily on theme equity. To achieve attractive risk adjusted returns over the medium to long-term, While reducing the risk of permanent capital loss | GEAR.AX was created on 2014-04-30 by BetaShares. The fund's investment portfolio concentrates primarily on large cap equity. The Fund aims to provide investors with geared exposure to a diversified portfolio of Australian shares as simply as buying any share on the ASX. As the fund is internally geared, investors do not need to take out margin loans and do not have the possibility of margin calls in relation to their investment in the Fund. |
Top 3 holdings | Aena SME SA (6.97 %) Ferrovial SE (6.23 %) Vinci SA (5.87 %) | COMMONWEALTH BANK OF AUSTRALIA (19.29 %) BHP GROUP LTD (19.01 %) CSL LTD (12.95 %) |
Top 3 industries | Industrials (46.99 %) Utilities (45.11 %) Other (7.90 %) | Other (35.58 %) Financials (20.56 %) Materials (12.96 %) |
Top 3 countries | United States (38.21 %) Spain (15.62 %) United Kingdom of Great Britain and Northern Ireland (14.04 %) | Australia (94.91 %) United States (3.06 %) New Zealand (1.56 %) |
Management fee | 1.05 % | 0.8 % |
Key Summary
MICH | GEAR | |
|---|---|---|
Issuer | Magellan | BetaShares |
Tracking index | S&P Global Infrastructure Hedged to USD Index | |
Asset class | ETF | ETF |
Management fee | 1.05 % | 0.8 % |
Price | $2.85 | $31.58 |
Size | N/A | $492.306 million |
10Y return | N/A | 60.14 % |
Annual distribution yield (5Y) | 4.12 % | 9.20 % |
Market | ASX | ASX |
First listed date | 22/07/2016 | 02/05/2014 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MICH | GEAR | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 13 | 196 |
Median incremental investment | $1,068.57 | $1,000.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,476.30 | $2,273.76 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
MICH | GEAR | |
|---|---|---|
Pros |
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Cons |
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MICH | GEAR |
|---|---|
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 |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |