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Compare PAVE 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 Global X Us Infrastructure Development ETF (PAVE) 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
PAVE | CNEW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 8 | 60 |
Median incremental investment | $1,046.75 | $824.12 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,555.05 | $2,201.53 |
Average age group | > 35 | > 35 |
Key Summary
PAVE | CNEW | |
|---|---|---|
Strategy | PAVE.AX was created on 2024-06-03 by Global X. The fund's investment portfolio concentrates primarily on theme equity. The Fund aims to provide investors with a return that (before fees and expenses) tracks the performance of the Indxx U.S. Infrastructure Development Index. | 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 | Quanta Services Inc (4.44 %) CSX Corp (3.40 %) Eaton Corp PLC (3.32 %) | 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 | Information Technology (33.78 %) Health Care (27.01 %) Consumer Discretionary (20.43 %) | |
Top 3 countries | United States (100.00 %) | China (100.00 %) |
Management fee | 0.47 % | 0.95 % |
Key Summary
PAVE | CNEW | |
|---|---|---|
Issuer | Global X | VanEck |
Tracking index | Indxx U.S. Infrastructure Development Index | CSI MarketGrader China New Economy Index - CNY |
Asset class | ETF | ETF |
Management fee | 0.47 % | 0.95 % |
Price | $13.70 | $8.23 |
Size | $27.055 million | $95.952 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 1.24 % | 1.45 % |
Market | ASX | ASX |
First listed date | 04/06/2024 | 09/11/2018 |
Purchase fee | $6.50 | $6.50 |
Community Stats
PAVE | CNEW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 8 | 60 |
Median incremental investment | $1,046.75 | $824.12 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,555.05 | $2,201.53 |
Average age group | > 35 | > 35 |
Pros and Cons
PAVE | CNEW | |
|---|---|---|
Pros |
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Cons |
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PAVE | CNEW |
|---|---|
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 |