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Compare MKAX vs. IHWL
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 iShares Core MSCI World Ex Aus Esg (Aud Hed) ETF (IHWL). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MKAX | IHWL | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 54 |
Median incremental investment | $4,990.50 | $1,704.32 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $6,154.40 |
Average age group | 26 - 35 | > 35 |
Key Summary
MKAX | IHWL | |
|---|---|---|
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. | IHWL.AX was created on 2016-04-22 by iShares. The fund's investment portfolio concentrates primarily on total market equity. The fund aims to provide investors with the performance of the MSCI World Investable Market AUD Hedged Index, before fees and expenses. The index is designed to measure the AUD hedged performance of global, developed market large-, mid- and small-capitalisation companies. |
Top 3 holdings | KKR & Co Inc Ordinary Shares (16.20 %) Amazon.com Inc (15.25 %) Blackstone Inc (14.34 %) | NVIDIA CORP (10.94 %) MICROSOFT CORP (9.12 %) ALPHABET INC CLASS A (2.98 %) |
Top 3 industries | Financials (30.27 %) Information Technology (27.44 %) Consumer Discretionary (21.33 %) | Information Technology (31.54 %) Financials (15.76 %) Industrials (10.78 %) |
Top 3 countries | United States (74.50 %) Japan (6.43 %) United Kingdom of Great Britain and Northern Ireland (3.39 %) | |
Management fee | 1.25 % | 0.12 % |
Key Summary
MKAX | IHWL | |
|---|---|---|
Issuer | Montaka | iShares |
Tracking index | MSCI World IMI 100% Hedged to AUD Net Variant | |
Asset class | ETF | ETF |
Management fee | 1.25 % | 0.12 % |
Price | $3.56 | $62.80 |
Size | N/A | $935.155 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 5.95 % | 4.03 % |
Market | ASX | ASX |
First listed date | 23/06/2020 | 28/04/2016 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MKAX | IHWL | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 54 |
Median incremental investment | $4,990.50 | $1,704.32 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $6,154.40 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
MKAX | IHWL | |
|---|---|---|
Pros |
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Cons |
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MKAX | IHWL |
|---|---|
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 |