Compare AU
Compare NDIA vs. MKAX
Compare shares and ETFs on the ASX that you can trade on Pearler.
Overview
When it comes to investing in the Australian stock market, shares and ETFs are a popular choice. Two options in the ASX are NDIA and MKAX. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
NDIA | MKAX | |
---|---|---|
Popularity | Low | Low |
Pearlers invested | 321 | 1 |
Median incremental investment | $910.61 | $4,990.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,433.19 | $4,558.40 |
Average age group | > 35 | 26 - 35 |
Key Summary
NDIA | MKAX | |
---|---|---|
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. | MKAX.AX was created on 2020-06-24 by Montaka. The fund's investment portfolio concentrates primarily on long/short alternatives. The Fund aims to provide Unitholders with long term capital growth, with a focus on managing downside risk. |
Top 3 holdings | HDFC Bank Ltd (12.50 %) ICICI Bank Ltd (8.41 %) Reliance Industries Ltd (8.04 %) | Montaka Global Extension Fund (Quoted Managed Hedge Fund) (100 %) |
Top 3 industries | Financials (46.99 %) Information Technology (17.75 %) Energy (14.08 %) | |
Top 3 countries | India (100.00 %) | |
Management fee | 0.69 % | 1.25 % |
Key Summary
NDIA | MKAX | |
---|---|---|
Issuer | ETFS | Montaka |
Tracking index | Nifty 50 Index - INR - Benchmark TR Net | |
Asset class | ETF | ETF |
Management fee | 0.69 % | 1.25 % |
Price | $78.19 | $4.70 |
Size | $179.663 million | N/A |
10Y return | N/A | N/A |
Annual distribution/ dividend yield (5Y) | 1.69 % | 4.08 % |
Market | ASX | ASX |
First listed date | 21/06/2019 | 23/06/2020 |
Purchase fee | $6.50 | $6.50 |
Community Stats
NDIA | MKAX | |
---|---|---|
Popularity | Low | Low |
Pearlers invested | 321 | 1 |
Median incremental investment | $910.61 | $4,990.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,433.19 | $4,558.40 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
NDIA | MKAX | |
---|---|---|
Pros |
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Cons |
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NDIA | MKAX |
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Lower management fee | Higher management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |