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Compare MMKT vs. ISEC
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 MMKT and ISEC. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
MMKT | ISEC | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 20 | 4 |
Median incremental investment | $7,993.50 | $1,596.75 |
Median investment frequency | Monthly | Monthly |
Median total investment | $3,556.39 | $2,061.89 |
Average age group | > 35 | > 35 |
Key Summary
MMKT | ISEC | |
|---|---|---|
Strategy | MMKT.AX was created on 2023-11-22 by BetaShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 408.94m in AUM and 27 holdings. MMKT.AX aims to generate a yield (before fees and expenses) that exceeds the Bloomberg AusBond Bank Bill Index (Benchmark), from a portfolio of Australian dollar cash and short-term money market securities issued by investment grade entities | ISEC.AX was created on 2017-06-02 by iShares. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 358.67m in AUM and 12 holdings. The Fund aims to provide investors with performance, before fees and expenses, in excess of the performance of an index comprised of Australian bank bills. |
Top 3 holdings | Betashares Australian Cash Plus Active ETF (100 %) | RBC MONEY MARKET 11AM (13.57 %) UNITED OVERSEAS BANK LTD (SYDNEY B (5.05 %) NORFINA LTD (2.80 %) |
Top 3 industries | Other (99.33 %) Communication Services (0.87 %) Consumer Discretionary (0.67 %) | |
Top 3 countries | ||
Management fee | 0 % | 0.12 % |
Key Summary
MMKT | ISEC | |
|---|---|---|
Issuer | BetaShares | iShares |
Tracking index | Bloomberg AusBond Bank Bill Index - AUD | S&P/ASX Bank Bill Index - AUD |
Asset class | ETF | ETF |
Management fee | 0 % | 0.12 % |
Price | $50.09 | $100.58 |
Size | $408.253 million | $358.064 million |
10Y return | N/A | N/A |
Annual dividend/ distribution yield (5Y) | 3.12 % | 1.93 % |
Market | ASX | ASX |
First listed date | 23/11/2023 | 06/06/2017 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MMKT | ISEC | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 20 | 4 |
Median incremental investment | $7,993.50 | $1,596.75 |
Median investment frequency | Monthly | Monthly |
Median total investment | $3,556.39 | $2,061.89 |
Average age group | > 35 | > 35 |
Pros and Cons
MMKT | ISEC | |
|---|---|---|
Pros |
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Cons |
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MMKT | ISEC |
|---|---|
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Higher distribution yield | Lower distribution yield |