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Compare MNRS vs. QRE
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 Betashares Australian Resources Sector ETF (QRE). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MNRS | QRE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 18 | 84 |
Median incremental investment | $1,193.50 | $993.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,965.03 | $1,801.80 |
Average age group | > 35 | > 35 |
Key Summary
MNRS | QRE | |
|---|---|---|
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. | QRE.AX was created on 2010-12-10 by BetaShares. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 354.23m in AUM and 42 holdings. QRE.AX aims to track the performance an index (before fees and expenses) comprising the largest ASX-listed companies in the resources sector, including BHP, Rio Tinto, Woodside Petroleum and more. |
Top 3 holdings | CAD - CANADA DOLLAR (0 %) AUD - AUSTRALIA DOLLAR (0 %) GBP - BRITISH POUND (0 %) | S&P/ASX 200 R IDX SEP25 (0 %) BHP GROUP LTD (36.37 %) WOODSIDE ENERGY GROUP LTD (8.91 %) |
Top 3 industries | Other (93.12 %) Communication Services (34.15 %) Materials (4.64 %) | Materials (72.13 %) Energy (18.99 %) Other (4.97 %) |
Top 3 countries | Canada (57.86 %) United States (14.09 %) South Africa (14.06 %) | Australia (97.20 %) United States (2.39 %) China (0.41 %) |
Management fee | 0.57 % | 0.34 % |
Key Summary
MNRS | QRE | |
|---|---|---|
Issuer | BetaShares | BetaShares |
Tracking index | Nasdaq Global ex-Australia Gold Miners Hedged AUD Index - AUD | Solactive Australia Resources Sector Index - AUD - Benchmark TR Gross |
Asset class | ETF | ETF |
Management fee | 0.57 % | 0.34 % |
Price | $9.37 | $6.89 |
Size | $103.588 million | $311.800 million |
10Y return | N/A | 56.70 % |
Annual distribution yield (5Y) | 1.77 % | 6.15 % |
Market | ASX | ASX |
First listed date | 29/07/2016 | 15/12/2010 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MNRS | QRE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 18 | 84 |
Median incremental investment | $1,193.50 | $993.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,965.03 | $1,801.80 |
Average age group | > 35 | > 35 |
Pros and Cons
MNRS | QRE | |
|---|---|---|
Pros |
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Cons |
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MNRS | QRE |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |