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Compare MKAX vs. SNAS
Compare shares and ETFs on the ASX that you can trade on Pearler.
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 SNAS. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
MKAX | SNAS | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 26 |
Median incremental investment | $4,990.50 | $5,000.00 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $1,091.09 |
Average age group | 26 - 35 | > 35 |
Key Summary
MKAX | SNAS | |
|---|---|---|
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. | SNAS.AX was created on 2020-07-13 by ETFS. The fund's investment portfolio concentrates primarily on multi-strategy alternatives. The investment objective of the Fund is to provide investors with geared returns (before fees and expenses), that are inversely related with the performance of the Nasdaq 100 Index (the Index). |
Top 3 holdings | KKR & Co Inc Ordinary Shares (16.20 %) Amazon.com Inc (15.25 %) Blackstone Inc (14.34 %) | Global X Ultra Short Nasdaq 100 Complex ETF (100 %) |
Top 3 industries | Financials (30.27 %) Information Technology (27.44 %) Consumer Discretionary (21.33 %) | |
Top 3 countries | ||
Management fee | 1.25 % | 1 % |
Key Summary
MKAX | SNAS | |
|---|---|---|
Issuer | Montaka | ETFS |
Tracking index | NASDAQ 100 Index | |
Asset class | ETF | ETF |
Management fee | 1.25 % | 1 % |
Price | $4.11 | $19.64 |
Size | N/A | $56.367 million |
10Y return | N/A | N/A |
Annual distribution/ dividend yield (5Y) | 4.82 % | - % |
Market | ASX | ASX |
First listed date | 23/06/2020 | 12/07/2020 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MKAX | SNAS | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 26 |
Median incremental investment | $4,990.50 | $5,000.00 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $1,091.09 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
MKAX | SNAS | |
|---|---|---|
Pros |
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Cons |
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MKAX | SNAS |
|---|---|
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Higher distribution yield | Lower distribution yield |