Compare AU
Compare MNRS 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, 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 S&P 500 Yield Maximiser Fund (Managed Fund) (UMAX). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MNRS | UMAX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 14 | 43 |
Median incremental investment | $993.50 | $993.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,299.96 | $2,594.40 |
Average age group | > 35 | > 35 |
Key Summary
MNRS | UMAX | |
|---|---|---|
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. | 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 | CAD - CANADA DOLLAR (0 %) AUD - AUSTRALIA DOLLAR (0 %) GBP - BRITISH POUND (0 %) | SPX US 07/19/24 C5585 (0 %) ISHARES CORE S&P 500 ETF (98.50 %) AUD - AUSTRALIA DOLLAR (1.33 %) |
Top 3 industries | Other (92.97 %) Communication Services (34.15 %) Materials (5.16 %) | Other (99.94 %) Communication Services (0.06 %) |
Top 3 countries | Canada (57.86 %) United States (14.09 %) South Africa (14.06 %) | United States (99.40 %) Switzerland (0.28 %) Netherlands (0.13 %) |
Management fee | 0.57 % | 0.79 % |
Key Summary
MNRS | UMAX | |
|---|---|---|
Issuer | BetaShares | BetaShares |
Tracking index | Nasdaq Global ex-Australia Gold Miners Hedged AUD Index - AUD | |
Asset class | ETF | ETF |
Management fee | 0.57 % | 0.79 % |
Price | $6.28 | $27.60 |
Size | $80.439 million | $255.387 million |
10Y return | N/A | 66.27 % |
Annual distribution yield (5Y) | 1.87 % | 6.16 % |
Market | ASX | ASX |
First listed date | 29/07/2016 | 19/09/2014 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MNRS | UMAX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 14 | 43 |
Median incremental investment | $993.50 | $993.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,299.96 | $2,594.40 |
Average age group | > 35 | > 35 |
Pros and Cons
MNRS | UMAX | |
|---|---|---|
Pros |
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Cons |
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MNRS | UMAX |
|---|---|
Lower exposure to US market | Higher exposure to US market |
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |