Compare AU
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 (Quoted Managed Hedge Fund) (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 | 3 | 48 |
Median incremental investment | $1,021.10 | $706.58 |
Median investment frequency | Monthly | Monthly |
Median total investment | $6,208.30 | $1,938.30 |
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. 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 (10.15 %) SK Hynix Inc (5.05 %) Tencent Holdings Ltd (4.85 %) | Flaircomm Microelectronics Inc Ordinary Shares - Class A (1.37 %) Gambol Pet Group Co Ltd Class A (1.25 %) MotoMotion China Corp Class A (1.21 %) |
Top 3 industries | Other (40.86 %) Information Technology (39.97 %) Communication Services (9.99 %) | Other (36.77 %) Information Technology (30.99 %) Consumer Staples (30.25 %) |
Top 3 countries | China (46.18 %) Korea (17.74 %) Taiwan (10.79 %) | |
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 | $4.93 | $6.84 |
Size | N/A | $112.575 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 5.11 % | 1.53 % |
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 | 3 | 48 |
Median incremental investment | $1,021.10 | $706.58 |
Median investment frequency | Monthly | Monthly |
Median total investment | $6,208.30 | $1,938.30 |
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 |