Compare AU

Compare MKAX vs. DRIV

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

Montaka Global Extension Fund (Quoted Managed Hedge Fund)

ASX

Buy

Buy

Overview
Performance

Overview

When it comes to investing in the Australian stock market, shares and ETFs are a popular choice. Two options in the ASX are MKAX and DRIV. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.

Community Stats

MKAX

DRIV

Popularity

Low

Low

Pearlers invested

1

64

Median incremental investment

$4,990.50

$994.50

Median investment frequency

Fortnightly

Monthly

Median total investment

$4,558.40

$1,171.30

Average age group

26 - 35

> 35


Key Summary

MKAX

DRIV

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.

DRIV.AX was created on 2021-12-13 by BetaShares. The fund's investment portfolio concentrates primarily on theme equity. DRIV.AX aims to track the performance of an Index (before fees and expenses) that provides exposure to a portfolio of global companies at the forefront of innovation in automotive technology

Top 3 holdings

Montaka Global Extension Fund (Quoted Managed Hedge Fund) (100 %)

TESLA INC (11.68 %)

VOLVO AB (7.37 %)

PACCAR INC (7.04 %)

Top 3 industries

Other (50.29 %)

Consumer Discretionary (27.81 %)

Information Technology (11.30 %)

Top 3 countries

United States (37.32 %)

China (17.34 %)

Germany (14.05 %)

Management fee

1.25 %

0.67 %


Key Summary

MKAX

DRIV

Issuer

Montaka

BetaShares

Tracking index

Solactive Future Mobility Index - AUD - Benchmark TR Net

Asset class

ETF

ETF

Management fee

1.25 %

0.67 %

Price

$4.54

$8.84

Size

N/A

$12.286 million

10Y return

N/A

N/A

Annual dividend/ distribution yield (5Y)

4.08 %

0.66 %

Market

ASX

ASX

First listed date

23/06/2020

14/12/2021

Purchase fee

$6.50

$6.50


Community Stats

MKAX

DRIV

Popularity

Low

Low

Pearlers invested

1

64

Median incremental investment

$4,990.50

$994.50

Median investment frequency

Fortnightly

Monthly

Median total investment

$4,558.40

$1,171.30

Average age group

26 - 35

> 35


Pros and Cons

MKAX

DRIV

Pros

  • Higher distribution yield

  • Higher exposure to AU market

  • Higher exposure to US market

  • Lower management fee

Cons

  • Lower exposure to AU market

  • Lower exposure to US market

  • Higher management fee

  • Lower distribution yield

MKAX

DRIV

Lower exposure to AU market

Higher exposure to AU market

Lower exposure to US market

Higher exposure to US market

Higher management fee

Lower management fee

Higher distribution yield

Lower distribution yield

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