Compare AU

Compare MKAX vs. QRE

Compare shares and ETFs on the ASX that you can trade on Pearler.

Montaka Global Extension Fund (Quoted Managed Hedge Fund)

ASX

Buy

Buy

Overview
Performance

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 QRE. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.

Community Stats

MKAX

QRE

Popularity

Low

Low

Pearlers invested

1

89

Median incremental investment

$4,990.50

$993.50

Median investment frequency

Fortnightly

Monthly

Median total investment

$4,558.40

$1,710.44

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 260.52m in AUM and 45 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

Montaka Global Extension Fund (Quoted Managed Hedge Fund) (100 %)

BHP GROUP LTD (40.58 %)

WOODSIDE ENERGY GROUP LTD (10.31 %)

RIO TINTO LTD (8.20 %)

Top 3 industries

Materials (75.78 %)

Energy (21.55 %)

Other (2.67 %)

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

$4.66

$7.00

Size

N/A

$282.161 million

10Y return

N/A

55.56 %

Annual dividend/ distribution yield (5Y)

4.08 %

8.87 %

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

89

Median incremental investment

$4,990.50

$993.50

Median investment frequency

Fortnightly

Monthly

Median total investment

$4,558.40

$1,710.44

Average age group

26 - 35

> 35


Pros and Cons

MKAX

QRE

Pros

  • Higher exposure to AU market

  • Higher exposure to US market

  • Lower management fee

  • Higher price growth

  • Higher distribution yield

Cons

  • Lower exposure to AU market

  • Lower exposure to US market

  • Higher management fee

  • Lower price growth

  • Lower distribution yield

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

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