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Compare MKAX vs. AUST
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 Montaka Global Extension Fund - Complex ETF (MKAX) and the Betashares Managed Risk Australian Shares Complex ETF (AUST). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MKAX | AUST | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 1 |
Median incremental investment | $4,990.50 | $506.85 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $2,010.40 |
Average age group | 26 - 35 | < 26 |
Key Summary
MKAX | AUST | |
|---|---|---|
Strategy | MKAX.AX was created on 2020-06-24 by Montaka. The fund's investment portfolio concentrates primarily on long/short alternatives. The Fund aims to provide Unitholders with long term capital growth, with a focus on managing downside risk. | AUST.AX was created on 2015-11-09 by BetaShares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 32.59m in AUM and 201 holdings. The investment objective of the Fund is: to provide exposure to a broadly diversified portfolio of Australian shares, generally consisting of approximately 200 of the largest equity securities on the ASX, weighted by their market capitalisation, and to reduce the volatility of the Funds equity investment returns and cushion downside risk |
Top 3 holdings | KKR & Co Inc Ordinary Shares (16.20 %) Amazon.com Inc (15.25 %) Blackstone Inc (14.34 %) | COMMONWEALTH BANK OF AUSTRALIA (9.06 %) BHP GROUP LTD (8.90 %) WESTPAC BANKING CORP (4.80 %) |
Top 3 industries | Financials (30.27 %) Information Technology (27.44 %) Consumer Discretionary (21.33 %) | Financials (32.75 %) Materials (18.08 %) Health Care (8.38 %) |
Top 3 countries | United States (88.72 %) China (4.98 %) Australia (2.24 %) | Australia (95.40 %) United States (3.05 %) New Zealand (0.60 %) |
Management fee | 1.25 % | 0.49 % |
Key Summary
MKAX | AUST | |
|---|---|---|
Issuer | Montaka | BetaShares |
Tracking index | S&P/ASX 200 Index - AUD | |
Asset class | ETF | ETF |
Management fee | 1.25 % | 0.49 % |
Price | $3.56 | $17.95 |
Size | N/A | $32.562 million |
10Y return | N/A | 24.83 % |
Annual distribution yield (5Y) | 5.95 % | 3.57 % |
Market | ASX | ASX |
First listed date | 23/06/2020 | 10/11/2015 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MKAX | AUST | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 1 |
Median incremental investment | $4,990.50 | $506.85 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $2,010.40 |
Average age group | 26 - 35 | < 26 |
Pros and Cons
MKAX | AUST | |
|---|---|---|
Pros |
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Cons |
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MKAX | AUST |
|---|---|
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 |
Higher distribution yield | Lower distribution yield |