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Compare PAXX 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 Platinum Asia Fund Complex ETF (PAXX) 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
PAXX | CNEW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 5 | 61 |
Median incremental investment | $1,819.27 | $809.17 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $7,893.41 | $2,100.12 |
Average age group | > 35 | > 35 |
Key Summary
PAXX | CNEW | |
|---|---|---|
Strategy | PAXX.AX was created on 2017-08-17 by Platinum. The fund's investment portfolio concentrates primarily on multi-strategy alternatives. The Fund aims to provide capital growth over the long-term by providing exposure to undervalued listed investments in the Asian region excluding Japan. | CNEW.AX was created on 2018-11-08 by VanEck. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 94.88m in AUM and 122 holdings. 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 | Taiwan Semiconductor Manufacturing Co Ltd (11.12 %) Samsung Electronics Co Ltd Participating Preferred (9.40 %) SK Hynix Inc (5.24 %) | Xuzhou Handler Special Vehicle Co Ltd Class A (1.67 %) Delton Technology (Guangzhou) Inc Ordinary Shares - Class A (1.66 %) Zhejiang Lante Optics Co Ltd Class A (1.64 %) |
Top 3 industries | Information Technology (42.52 %) Other (17.86 %) Industrials (13.04 %) | Information Technology (33.78 %) Health Care (27.01 %) Consumer Discretionary (20.43 %) |
Top 3 countries | China (47.26 %) Korea (20.41 %) Taiwan (10.75 %) | China (100.00 %) |
Management fee | 1.26 % | 0.95 % |
Key Summary
PAXX | CNEW | |
|---|---|---|
Issuer | Platinum | VanEck |
Tracking index | CSI MarketGrader China New Economy Index - CNY | |
Asset class | ETF | ETF |
Management fee | 1.26 % | 0.95 % |
Price | $6.24 | $8.02 |
Size | N/A | $95.281 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 5.01 % | 1.45 % |
Market | ASX | ASX |
First listed date | 14/09/2017 | 09/11/2018 |
Purchase fee | $6.50 | $6.50 |
Community Stats
PAXX | CNEW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 5 | 61 |
Median incremental investment | $1,819.27 | $809.17 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $7,893.41 | $2,100.12 |
Average age group | > 35 | > 35 |
Pros and Cons
PAXX | CNEW | |
|---|---|---|
Pros |
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Cons |
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PAXX | CNEW |
|---|---|
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Higher distribution yield | Lower distribution yield |