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Compare MKAX vs. QFN
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 Betashares Australian Financials Sector ETF (QFN). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MKAX | QFN | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 32 |
Median incremental investment | $4,990.50 | $746.50 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $2,738.88 |
Average age group | 26 - 35 | > 35 |
Key Summary
MKAX | QFN | |
|---|---|---|
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. | QFN.AX was created on 2010-12-10 by BetaShares. The fund's investment portfolio concentrates primarily on financials equity. The ETF currently has 99.24m in AUM and 28 holdings. QFN.AX aims to track the performance of an index (before fees and expenses) comprising the largest ASX-listed companies in the financial sector, including the Big 4 banks and insurance companies but excluding Real Estate Investment Trusts. |
Top 3 holdings | KKR & Co Inc Ordinary Shares (16.20 %) Amazon.com Inc (15.25 %) Blackstone Inc (14.34 %) | S&P/ASX200 F-REIT MAR26 (0 %) COMMONWEALTH BANK OF AUSTRALIA (29.73 %) WESTPAC BANKING CORP (15.29 %) |
Top 3 industries | Financials (30.27 %) Information Technology (27.44 %) Consumer Discretionary (21.33 %) | Financials (98.17 %) Communication Services (2.56 %) Other (1.83 %) |
Top 3 countries | Australia (99.69 %) United States (0.31 %) | |
Management fee | 1.25 % | 0.34 % |
Key Summary
MKAX | QFN | |
|---|---|---|
Issuer | Montaka | BetaShares |
Tracking index | Solactive Australia Financials Ex-REITs Sector Index | |
Asset class | ETF | ETF |
Management fee | 1.25 % | 0.34 % |
Price | $3.69 | $17.06 |
Size | N/A | $99.836 million |
10Y return | N/A | 69.25 % |
Annual distribution yield (5Y) | 5.95 % | 3.13 % |
Market | ASX | ASX |
First listed date | 23/06/2020 | 15/12/2010 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MKAX | QFN | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 32 |
Median incremental investment | $4,990.50 | $746.50 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $2,738.88 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
MKAX | QFN | |
|---|---|---|
Pros |
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Cons |
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MKAX | QFN |
|---|---|
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 |