Compare AU
Compare MKAX vs. USHY
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 are a popular choice. Two options in the ASX are MKAX and USHY. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
MKAX | USHY | |
---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 5 |
Median incremental investment | $4,990.50 | $1,074.00 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $1,110.90 |
Average age group | 26 - 35 | > 35 |
Key Summary
MKAX | USHY | |
---|---|---|
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. | USHY.AX was created on 2022-07-01 by Global X. The fund's investment portfolio concentrates primarily on investment grade fixed income. The Fund aims to provide consumers with a return that tracks the performance of the Solactive USD High Yield Corporates Total Market Hedged to AUD Index (the Index) before fees and expenses. |
Top 3 holdings | Montaka Global Extension Fund (Quoted Managed Hedge Fund) (100 %) | Global X Usd High Yield Bond ETF(Currency Hedged). (100 %) |
Top 3 industries | ||
Top 3 countries | ||
Management fee | 1.25 % | 0.3 % |
Key Summary
MKAX | USHY | |
---|---|---|
Issuer | Montaka | Global X |
Tracking index | Solactive USD High Yield Corporates Total Market AUD Hedged Index - AUD - Benchmark TR Net Hedged | |
Asset class | ETF | ETF |
Management fee | 1.25 % | 0.3 % |
Price | $4.59 | $10.58 |
Size | N/A | $16.446 million |
10Y return | N/A | N/A |
Annual dividend yield (5Y) | 4.08 % | 2.40 % |
Market | ASX | ASX |
First listed date | 23/06/2020 | 04/07/2022 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MKAX | USHY | |
---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 5 |
Median incremental investment | $4,990.50 | $1,074.00 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $4,558.40 | $1,110.90 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
MKAX | USHY | |
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Pros |
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Cons |
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MKAX | USHY |
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Higher management fee | Lower management fee |
Higher distribution yield | Lower distribution yield |