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Compare MNRS vs. IGRO
Compare shares and ETFs on the ASX that you can trade on Pearler.
Overview
When it comes to investing in the Australian stock market, Exchange-Traded Funds (ETFs) are a popular choice. Two well-known options in the Australian Securities Exchange (ASX) are the Betashares Global Gold Miners Currency Hedged ETF (MNRS) and the iShares High Growth Esg ETF (IGRO). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MNRS | IGRO | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 151 | 13 |
Median incremental investment | $993.50 | $916.98 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,201.20 | $3,621.01 |
Average age group | > 35 | > 35 |
Key Summary
MNRS | IGRO | |
|---|---|---|
Strategy | MNRS.AX was created on 2016-07-27 by BetaShares. The fund's investment portfolio concentrates primarily on materials equity. MNRS.AX aims to track the performance of an index (before fees and expenses) that comprises the largest global gold mining companies (ex-Australia), hedged into Australian dollars. | IGRO.AX was created on 2022-08-15 by iShares. The fund's investment portfolio concentrates primarily on target outcome asset allocation. The Fund aims to provide investors with the performance of the various indices of the Underlying Funds |
Top 3 holdings | CAD - CANADA DOLLAR (0 %) GBP - BRITISH POUND (0 %) AUD - AUSTRALIA DOLLAR (0 %) | iShares Core MSCI Wld Ex Aus ESG ETF (41.01 %) iShares Core MSCI Australia ESG ETF (30.57 %) iShares Core MSCI Wld ex Aus ESG AUHDETF (19.65 %) |
Top 3 industries | Other (92.74 %) Communication Services (34.15 %) Materials (5.05 %) | Other (99.98 %) Communication Services (0.02 %) |
Top 3 countries | Canada (55.10 %) South Africa (19.63 %) United States (15.50 %) | United States (48.95 %) Australia (33.58 %) Japan (4.12 %) |
Management fee | 0.57 % | 0.22 % |
Key Summary
MNRS | IGRO | |
|---|---|---|
Issuer | BetaShares | iShares |
Tracking index | Nasdaq Global ex-Australia Gold Miners Hedged AUD Index - AUD | 34% MSCI Australia IMI Custom ESG Leaders Index - 43% MSCI World Ex Australia Custom ESG Leaders Index - 13% MSCI World Ex Australia Custom ESG Leaders Index AUD Hedged - 10% Other Benchmark - Benchmark TR Net |
Asset class | ETF | ETF |
Management fee | 0.57 % | 0.22 % |
Price | $14.58 | $37.33 |
Size | $251.362 million | $27.612 million |
10Y return | 173.03 % | N/A |
Annual distribution yield (5Y) | 2.10 % | 2.44 % |
Market | ASX | ASX |
First listed date | 29/07/2016 | 16/08/2022 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MNRS | IGRO | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 151 | 13 |
Median incremental investment | $993.50 | $916.98 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,201.20 | $3,621.01 |
Average age group | > 35 | > 35 |
Pros and Cons
MNRS | IGRO | |
|---|---|---|
Pros |
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Cons |
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MNRS | IGRO |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Lower exposure to US market | Higher exposure to US market |
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |