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Compare MKAX vs. DACE
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 Dimensional Australian Core Equity Trust - Active ETF (DACE). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MKAX | DACE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 19 |
Median incremental investment | $4,990.50 | $2,493.50 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $3,867.84 |
Average age group | 26 - 35 | 26 - 35 |
Key Summary
MKAX | DACE | |
|---|---|---|
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. | DACE.AX was created on 2006-07-03 by Dimensional. The fund's investment portfolio concentrates primarily on total market equity. The investment objective of the Fund is to provide long-term capital growth by gaining exposure to a diversified portfolio of securities listed in Australia with increased emphasis on higher expected return securities relative to a Market Capitalisation Weighted portfolio |
Top 3 holdings | KKR & Co Inc Ordinary Shares (16.20 %) Amazon.com Inc (15.25 %) Blackstone Inc (14.34 %) | BHP Group Ltd (8.53 %) Commonwealth Bank of Australia (3.81 %) Westpac Banking Corp (2.81 %) |
Top 3 industries | Financials (30.27 %) Information Technology (27.44 %) Consumer Discretionary (21.33 %) | Financials (40.36 %) Materials (26.23 %) Consumer Discretionary (7.34 %) |
Top 3 countries | ||
Management fee | 1.25 % | 0.28 % |
Key Summary
MKAX | DACE | |
|---|---|---|
Issuer | Montaka | Dimensional |
Tracking index | S&P/ASX 300 Index - AUD | |
Asset class | ETF | ETF |
Management fee | 1.25 % | 0.28 % |
Price | $3.75 | $18.96 |
Size | N/A | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 5.64 % | 2.57 % |
Market | ASX | ASX |
First listed date | 23/06/2020 | 12/11/2023 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MKAX | DACE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 19 |
Median incremental investment | $4,990.50 | $2,493.50 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $3,867.84 |
Average age group | 26 - 35 | 26 - 35 |
Pros and Cons
MKAX | DACE | |
|---|---|---|
Pros |
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Cons |
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MKAX | DACE |
|---|---|
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Higher distribution yield | Lower distribution yield |