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Compare MKAX vs. AYLD
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 Global X S&P/ASX 200 Covered Call Complex ETF (AYLD). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MKAX | AYLD | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 15 |
Median incremental investment | $4,990.50 | $1,243.50 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $6,966.60 |
Average age group | 26 - 35 | > 35 |
Key Summary
MKAX | AYLD | |
|---|---|---|
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. | AYLD.AX was created on 2023-01-30 by Global X. The fund's investment portfolio concentrates primarily on total market equity. The Fund aims to provide investors with a return that (before fees and expenses) tracks the performance of the S&P/ASX BuyWrite Index |
Top 3 holdings | KKR & Co Inc Ordinary Shares (16.20 %) Amazon.com Inc (15.25 %) Blackstone Inc (14.34 %) | Commonwealth Bank of Australia (11.32 %) BHP Group Ltd (10.87 %) National Australia Bank Ltd (5.70 %) |
Top 3 industries | Financials (30.27 %) Information Technology (27.44 %) Consumer Discretionary (21.33 %) | Financials (54.87 %) Materials (16.67 %) Health Care (10.24 %) |
Top 3 countries | United States (88.72 %) China (4.98 %) Australia (2.24 %) | Australia (95.22 %) United States (3.21 %) New Zealand (0.60 %) |
Management fee | 1.25 % | 0.6 % |
Key Summary
MKAX | AYLD | |
|---|---|---|
Issuer | Montaka | Global X |
Tracking index | S&P/ASX 200 Index | |
Asset class | ETF | ETF |
Management fee | 1.25 % | 0.6 % |
Price | $2.94 | $10.20 |
Size | N/A | $93.932 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 5.95 % | 7.82 % |
Market | ASX | ASX |
First listed date | 23/06/2020 | 31/01/2023 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MKAX | AYLD | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 15 |
Median incremental investment | $4,990.50 | $1,243.50 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $6,966.60 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
MKAX | AYLD | |
|---|---|---|
Pros |
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Cons |
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MKAX | AYLD |
|---|---|
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 |