Compare AU
Compare MKAX vs. UMAX
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 UMAX. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
MKAX | UMAX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 43 |
Median incremental investment | $4,990.50 | $993.50 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $2,594.40 |
Average age group | 26 - 35 | > 35 |
Key Summary
MKAX | UMAX | |
|---|---|---|
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. | UMAX.AX was created on 2014-09-17 by BetaShares. The fund's investment portfolio concentrates primarily on large cap equity. UMAX.AX aims to generate attractive quarterly income and reduce the volatility of portfolio returns by implementing an equity income investment strategy over a portfolio of stocks comprising the S&P 500 Index. UMAX.AX does not aim to track an index. |
Top 3 holdings | Montaka Global Extension Fund (Quoted Managed Hedge Fund) (100 %) | SPX US 07/19/24 C5585 (0 %) ISHARES CORE S&P 500 ETF (98.50 %) AUD - AUSTRALIA DOLLAR (1.33 %) |
Top 3 industries | Other (99.94 %) Communication Services (0.06 %) | |
Top 3 countries | United States (99.40 %) Switzerland (0.28 %) Netherlands (0.13 %) | |
Management fee | 1.25 % | 0.79 % |
Key Summary
MKAX | UMAX | |
|---|---|---|
Issuer | Montaka | BetaShares |
Tracking index | ||
Asset class | ETF | ETF |
Management fee | 1.25 % | 0.79 % |
Price | $4.54 | $27.60 |
Size | N/A | $255.387 million |
10Y return | N/A | 65.17 % |
Annual dividend/ distribution yield (5Y) | 4.08 % | 6.16 % |
Market | ASX | ASX |
First listed date | 23/06/2020 | 19/09/2014 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MKAX | UMAX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 43 |
Median incremental investment | $4,990.50 | $993.50 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $2,594.40 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
MKAX | UMAX | |
|---|---|---|
Pros |
| |
Cons |
|
MKAX | UMAX |
|---|---|
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 |