Compare AU
Compare MKAX vs. GDX
Compare shares and ETFs on the ASX that you can trade on Pearler.
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 GDX. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
MKAX | GDX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 65 |
Median incremental investment | $4,990.50 | $1,111.87 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $2,533.56 |
Average age group | 26 - 35 | > 35 |
Key Summary
MKAX | GDX | |
|---|---|---|
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. | GDX.AX was created on 2015-06-26 by VanEck. The fund's investment portfolio concentrates primarily on materials equity. To achieve this investment objective, GDX.AX employs a passive management strategy of investing in the NYSE-listed GDX.AX issued and operated by VanEck in the United States. |
Top 3 holdings | Montaka Global Extension Fund (Quoted Managed Hedge Fund) (100 %) | Newmont Corp (11.86 %) Agnico Eagle Mines Ltd (10.43 %) Barrick Gold Corp (7.42 %) |
Top 3 industries | Materials (87.37 %) Other (12.63 %) | |
Top 3 countries | Canada (52.17 %) United States (17.26 %) Australia (11.76 %) | |
Management fee | 1.25 % | 0.53 % |
Key Summary
MKAX | GDX | |
|---|---|---|
Issuer | Montaka | VanEck |
Tracking index | NYSE Arca Gold Miners Index - AUD | |
Asset class | ETF | ETF |
Management fee | 1.25 % | 0.53 % |
Price | $4.70 | $58.92 |
Size | N/A | $606.826 million |
10Y return | N/A | N/A |
Annual dividend/ distribution yield (5Y) | 4.08 % | 1.26 % |
Market | ASX | ASX |
First listed date | 23/06/2020 | 26/06/2015 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MKAX | GDX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 65 |
Median incremental investment | $4,990.50 | $1,111.87 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $2,533.56 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
MKAX | GDX | |
|---|---|---|
Pros |
|
|
Cons |
|
|
MKAX | GDX |
|---|---|
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 |
Lower price growth | Higher price growth |
Higher distribution yield | Lower distribution yield |