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Compare MKAX vs. SPY

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

Community Stats

MKAX

SPY

Popularity

Low

Low

Pearlers invested

1

209

Median incremental investment

$4,990.50

$1,192.75

Median investment frequency

Fortnightly

Monthly

Median total investment

$4,558.40

$2,864.16

Average age group

26 - 35

26 - 35


Key Summary

MKAX

SPY

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.

SPY.AX was created on 2014-10-13 by SPDR. The fund's investment portfolio concentrates primarily on large cap equity. The Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500 Index (the Index).

Top 3 holdings

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

Apple Inc (7.00 %)

NVIDIA Corp (6.60 %)

Microsoft Corp (6.23 %)

Top 3 industries

Information Technology (61.49 %)

Consumer Discretionary (16.26 %)

Communication Services (12.67 %)

Top 3 countries

United States (99.40 %)

Switzerland (0.28 %)

Netherlands (0.12 %)

Management fee

1.25 %

0.0945 %


Key Summary

MKAX

SPY

Issuer

Montaka

SPDR

Tracking index

S&P 500

Asset class

ETF

ETF

Management fee

1.25 %

0.0945 %

Price

$4.54

$953.79

Size

N/A

$977.528 billion

10Y return

N/A

271.66 %

Annual dividend/ distribution yield (5Y)

4.08 %

1.31 %

Market

ASX

ASX

First listed date

23/06/2020

13/10/2014

Purchase fee

$6.50

$6.50


Community Stats

MKAX

SPY

Popularity

Low

Low

Pearlers invested

1

209

Median incremental investment

$4,990.50

$1,192.75

Median investment frequency

Fortnightly

Monthly

Median total investment

$4,558.40

$2,864.16

Average age group

26 - 35

26 - 35


Pros and Cons

MKAX

SPY

Pros

  • Higher distribution yield

  • Higher exposure to US market

  • Lower management fee

  • Higher price growth

Cons

  • Lower exposure to US market

  • Higher management fee

  • Lower price growth

  • Lower distribution yield

MKAX

SPY

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

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