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Compare AU
Compare MVW vs. CNEW
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 Australian Equal Weight ETF (MVW) and the VanEck China New Economy ETF (CNEW). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MVW | CNEW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 249 | 60 |
Median incremental investment | $843.54 | $824.12 |
Median investment frequency | Monthly | Monthly |
Median total investment | $4,864.59 | $2,201.53 |
Average age group | > 35 | > 35 |
Key Summary
MVW | CNEW | |
|---|---|---|
Strategy | The fund seeks to track the performance of the MVIS Australia Equal Weight Index before additional fees. | CNEW.AX was created on 2018-11-08 by VanEck. The fund's investment portfolio concentrates primarily on total market equity. CNEW.AX gives investors a portfolio of the most fundamentally sound companies in China having the best growth prospects in sectors making up the New Economy, namely technology, health care, consumer staples and consumer discretionary. CNEW.AX aims to provide investment returns, before fees and other costs, which track the performance of the Index. |
Top 3 holdings | Nextdc Ltd (1.79 %) PLS Group Ltd (1.69 %) Worley Ltd (1.58 %) | Zhejiang Lante Optics Co Ltd Class A (1.96 %) Delton Technology (Guangzhou) Inc Ordinary Shares - Class A (1.89 %) Xuzhou Handler Special Vehicle Co Ltd Class A (1.73 %) |
Top 3 industries | Materials (32.40 %) Energy (30.06 %) Consumer Staples (19.56 %) | Information Technology (33.78 %) Health Care (27.01 %) Consumer Discretionary (20.43 %) |
Top 3 countries | Australia (100.00 %) | China (100.00 %) |
Management fee | 0.35 % | 0.95 % |
Key Summary
MVW | CNEW | |
|---|---|---|
Issuer | VanEck | VanEck |
Tracking index | MVIS Australia Equal Weight Index - AUD | CSI MarketGrader China New Economy Index - CNY |
Asset class | ETF | ETF |
Management fee | 0.35 % | 0.95 % |
Price | $37.41 | $8.23 |
Size | $3.178 billion | $95.952 million |
10Y return | 59.53 % | N/A |
Annual distribution yield (5Y) | 3.74 % | 1.45 % |
Market | ASX | ASX |
First listed date | 06/03/2014 | 09/11/2018 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MVW | CNEW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 249 | 60 |
Median incremental investment | $843.54 | $824.12 |
Median investment frequency | Monthly | Monthly |
Median total investment | $4,864.59 | $2,201.53 |
Average age group | > 35 | > 35 |
Pros and Cons
MVW | CNEW | |
|---|---|---|
Pros |
| |
Cons |
|
MVW | CNEW |
|---|---|
Higher exposure to AU market | Lower exposure to AU market |
Lower management fee | Higher management fee |
Higher price growth | Lower price growth |
Higher distribution yield | Lower distribution yield |