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Compare PAVE vs. MVE
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 S&P/ASX Midcap ETF (MVE). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
PAVE | MVE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 8 | 47 |
Median incremental investment | $1,046.75 | $915.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,510.29 | $3,995.00 |
Average age group | > 35 | > 35 |
Key Summary
PAVE | MVE | |
|---|---|---|
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. | 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. |
Top 3 holdings | Quanta Services Inc (4.39 %) CSX Corp (3.71 %) Union Pacific Corp (3.38 %) | Mineral Resources Ltd (3.80 %) ALS Ltd (3.79 %) Nextdc Ltd (3.53 %) |
Top 3 industries | Materials (20.27 %) Consumer Discretionary (20.22 %) Real Estate (18.54 %) | |
Top 3 countries | United States (100.00 %) | Australia (87.98 %) United States (6.16 %) United Kingdom of Great Britain and Northern Ireland (2.27 %) |
Management fee | 0.47 % | 0.45 % |
Key Summary
PAVE | MVE | |
|---|---|---|
Issuer | Global X | VanEck |
Tracking index | Indxx U.S. Infrastructure Development Index | S&P/ASX Midcap 50 Index - AUD |
Asset class | ETF | ETF |
Management fee | 0.47 % | 0.45 % |
Price | $13.46 | $42.50 |
Size | $25.754 million | $465.375 million |
10Y return | N/A | 108.64 % |
Annual distribution yield (5Y) | 1.24 % | 2.80 % |
Market | ASX | ASX |
First listed date | 04/06/2024 | 16/10/2013 |
Purchase fee | $6.50 | $6.50 |
Community Stats
PAVE | MVE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 8 | 47 |
Median incremental investment | $1,046.75 | $915.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,510.29 | $3,995.00 |
Average age group | > 35 | > 35 |
Pros and Cons
PAVE | MVE | |
|---|---|---|
Pros |
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Cons |
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PAVE | MVE |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Higher management fee | Lower management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |