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Compare NDIA vs. MICH
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 Global X India Nifty 50 ETF (NDIA) and the Magellan Infra Fund (Currency Hedged) - Active ETF (MICH). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
NDIA | MICH | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 361 | 12 |
Median incremental investment | $962.38 | $1,143.63 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,417.69 | $1,219.12 |
Average age group | > 35 | > 35 |
Key Summary
NDIA | MICH | |
|---|---|---|
Strategy | The Global X India Nifty 50 ETF (NDIA) seeks to track the performance of the NSE Nifty50 Index before considering fees, expenses and taxes. | MICH.AX was created on 2016-07-19 by Magellan. The fund's investment portfolio concentrates primarily on theme equity. To achieve attractive risk adjusted returns over the medium to long-term, While reducing the risk of permanent capital loss |
Top 3 holdings | HDFC Bank Ltd (13.15 %) ICICI Bank Ltd (9.00 %) Reliance Industries Ltd (8.59 %) | Aena SME SA (7.58 %) Ferrovial SE (6.29 %) National Grid PLC (5.65 %) |
Top 3 industries | Financials (49.40 %) Energy (15.19 %) Information Technology (14.53 %) | Industrials (52.92 %) Utilities (38.21 %) Communication Services (8.87 %) |
Top 3 countries | India (100.00 %) | United States (38.21 %) Spain (15.62 %) United Kingdom of Great Britain and Northern Ireland (14.04 %) |
Management fee | 0.69 % | 1.05 % |
Key Summary
NDIA | MICH | |
|---|---|---|
Issuer | ETFS | Magellan |
Tracking index | Nifty 50 Index - INR - Benchmark TR Net | S&P Global Infrastructure Hedged to USD Index |
Asset class | ETF | ETF |
Management fee | 0.69 % | 1.05 % |
Price | $77.90 | $3.11 |
Size | $206.003 million | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 1.69 % | 4.23 % |
Market | ASX | ASX |
First listed date | 21/06/2019 | 22/07/2016 |
Purchase fee | $6.50 | $6.50 |
Community Stats
NDIA | MICH | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 361 | 12 |
Median incremental investment | $962.38 | $1,143.63 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,417.69 | $1,219.12 |
Average age group | > 35 | > 35 |
Pros and Cons
NDIA | MICH | |
|---|---|---|
Pros |
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Cons |
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NDIA | MICH |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Lower exposure to US market | Higher exposure to US market |
Lower management fee | Higher management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |