Compare AU
Compare MVE vs. EIGA
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 VanEck S&P/ASX Midcap ETF (MVE) and the Perennial Income Generator Fund (Managed Fund) (EIGA). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MVE | EIGA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 36 | 62 |
Median incremental investment | $668.99 | $600.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,995.85 | $1,520.84 |
Average age group | > 35 | > 35 |
Key Summary
MVE | EIGA | |
|---|---|---|
Strategy | MVE.AX was created on 2013-10-14 by VanEck. The fund's investment portfolio concentrates primarily on mid cap equity. The Fund is designed to capture the performance of the 50 midcap companies listed on ASX having Market Capitalisation ranking from 51 to 100. | EIGA.AX was created on 2018-05-07 by Perennial. The fund's investment portfolio concentrates primarily on total market equity. The objective of the Fund is to provide investors with an attractive level of tax effective income, paid via monthly distributions. The Fund aims to provide a gross yield, adjusted for applicable franking credits, above that provided by the S&P/ASX 300 Franking Credit Adjusted Daily Total Return Index (Tax-Exempt). |
Top 3 holdings | CAR Group Ltd (4.94 %) Pro Medicus Ltd (4.29 %) REA Group Ltd (4.09 %) | BHP Group Ltd (13.12 %) Commonwealth Bank of Australia (6.19 %) CSL Ltd (6.01 %) |
Top 3 industries | Communication Services (26.18 %) Information Technology (18.20 %) Materials (17.07 %) | Materials (36.73 %) Financials (26.98 %) Health Care (10.75 %) |
Top 3 countries | Australia (94.11 %) New Zealand (3.28 %) United States (2.61 %) | Australia (97.92 %) United States (2.08 %) |
Management fee | 0.45 % | 0.8 % |
Key Summary
MVE | EIGA | |
|---|---|---|
Issuer | VanEck | Perennial |
Tracking index | S&P/ASX Midcap 50 Index - AUD | S&P/ASX 300 Franking Credit Adjusted Daily Total Return Index - AUD - Benchmark TR Net |
Asset class | ETF | ETF |
Management fee | 0.45 % | 0.8 % |
Price | $41.77 | $3.89 |
Size | $307.898 million | N/A |
10Y return | 112.25 % | N/A |
Annual distribution yield (5Y) | 3.49 % | 6.44 % |
Market | ASX | ASX |
First listed date | 16/10/2013 | 07/05/2018 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MVE | EIGA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 36 | 62 |
Median incremental investment | $668.99 | $600.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,995.85 | $1,520.84 |
Average age group | > 35 | > 35 |
Pros and Cons
MVE | EIGA | |
|---|---|---|
Pros |
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Cons |
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MVE | EIGA |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Lower management fee | Higher management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |