Back
Compare AU
Compare MKAX vs. IJP
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 MSCI Japan ETF (IJP). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MKAX | IJP | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 100 |
Median incremental investment | $4,990.50 | $1,063.01 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $2,886.98 |
Average age group | 26 - 35 | > 35 |
Key Summary
MKAX | IJP | |
|---|---|---|
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. | IJP.AX was created on 1996-03-12 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 Japan Index, before fees and expenses. The index is designed to measure the performance of Japanese large-, mid- & small- capitalisation companies. |
Top 3 holdings | KKR & Co Inc Ordinary Shares (16.20 %) Amazon.com Inc (15.25 %) Blackstone Inc (14.34 %) | ISHARES MSCI JAPAN ETF (99.65 %) AUD CASH (0.34 %) USD CASH (0.00 %) |
Top 3 industries | Financials (30.27 %) Information Technology (27.44 %) Consumer Discretionary (21.33 %) | Other (99.99 %) Communication Services (0.01 %) |
Top 3 countries | United States (88.72 %) China (4.98 %) Australia (2.24 %) | Japan (100.00 %) |
Management fee | 1.25 % | 0.5 % |
Key Summary
MKAX | IJP | |
|---|---|---|
Issuer | Montaka | iShares |
Tracking index | MSCI Japan Index - AUD | |
Asset class | ETF | ETF |
Management fee | 1.25 % | 0.5 % |
Price | $2.94 | $122.85 |
Size | N/A | $1.291 billion |
10Y return | N/A | 99.17 % |
Annual distribution yield (5Y) | 5.95 % | 1.90 % |
Market | ASX | ASX |
First listed date | 23/06/2020 | 10/10/2007 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MKAX | IJP | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 100 |
Median incremental investment | $4,990.50 | $1,063.01 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $2,886.98 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
MKAX | IJP | |
|---|---|---|
Pros |
|
|
Cons |
|
|
MKAX | IJP |
|---|---|
Higher exposure to AU market | Lower 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 |
Higher distribution yield | Lower distribution yield |