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Compare MKAX vs. QRE
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 Resources Sector ETF (QRE). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MKAX | QRE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 92 |
Median incremental investment | $4,990.50 | $993.50 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $2,088.24 |
Average age group | 26 - 35 | > 35 |
Key Summary
MKAX | QRE | |
|---|---|---|
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. | QRE.AX was created on 2010-12-10 by BetaShares. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 458.7m in AUM and 49 holdings. QRE.AX aims to track the performance an index (before fees and expenses) comprising the largest ASX-listed companies in the resources sector, including BHP, Rio Tinto, Woodside Petroleum and more. |
Top 3 holdings | KKR & Co Inc Ordinary Shares (16.20 %) Amazon.com Inc (15.25 %) Blackstone Inc (14.34 %) | S&P/ASX 200 R IDX MAR26 (0 %) BHP GROUP LTD (34.38 %) RIO TINTO LTD (7.88 %) |
Top 3 industries | Financials (30.27 %) Information Technology (27.44 %) Consumer Discretionary (21.33 %) | Materials (73.55 %) Energy (18.66 %) Utilities (3.92 %) |
Top 3 countries | Australia (97.20 %) United States (2.39 %) China (0.41 %) | |
Management fee | 1.25 % | 0.34 % |
Key Summary
MKAX | QRE | |
|---|---|---|
Issuer | Montaka | BetaShares |
Tracking index | Solactive Australia Resources Sector Index - AUD - Benchmark TR Gross | |
Asset class | ETF | ETF |
Management fee | 1.25 % | 0.34 % |
Price | $3.75 | $9.28 |
Size | N/A | $439.229 million |
10Y return | N/A | 227.92 % |
Annual distribution yield (5Y) | 5.64 % | 6.16 % |
Market | ASX | ASX |
First listed date | 23/06/2020 | 15/12/2010 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MKAX | QRE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 92 |
Median incremental investment | $4,990.50 | $993.50 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $2,088.24 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
MKAX | QRE | |
|---|---|---|
Pros |
| |
Cons |
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MKAX | QRE |
|---|---|
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 |
Lower distribution yield | Higher distribution yield |