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Compare QPON vs. MFOA
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 Betashares Australian Bank Senior Floating Rate Bond ETF (QPON) and the Milford Australian Absolute Growth Complex ETF (MFOA). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
QPON | MFOA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 44 | 2 |
Median incremental investment | $3,618.86 | $565.60 |
Median investment frequency | Monthly | Monthly |
Median total investment | $9,144.64 | $5,363.36 |
Average age group | > 35 | 26 - 35 |
Key Summary
QPON | MFOA | |
|---|---|---|
Strategy | QPON.AX was created on 2017-06-01 by BetaShares. The fund's investment portfolio concentrates primarily on high yield fixed income. The ETF currently has 2231.96m in AUM and 15 holdings. QPON.AX aims to track the performance of an index (before fees and expenses) that measures the performance of a portfolio of some of the largest and most liquid senior floating rate bonds issued by Australian banks. | MFOA.AX was created on 2023-01-16 by Milford. The fund's investment portfolio concentrates primarily on multi-strategy alternatives. The Fund targets absolute returns with an annualised return objective of 5% above the RBA cash rate while seeking to preserve investor capital over rolling three year periods (net of fees). |
Top 3 holdings | NATIONAL AUSTRALIA BANK LTD FRN MAY-31 (10.25 %) WESTPAC BANKING CORP FRN FEB-31 (10.17 %) COMMONWEALTH BANK OF AUSTRALIA FRN JAN-31 (10.08 %) | BHP Group Ltd (5.83 %) Commonwealth Bank of Australia (5.22 %) Woodside Energy Group Ltd (3.73 %) |
Top 3 industries | Other (96.47 %) Communication Services (3.53 %) | Other (70.40 %) Materials (13.15 %) Health Care (11.52 %) |
Top 3 countries | Australia (83.13 %) United States (9.91 %) New Zealand (4.73 %) | |
Management fee | 0.22 % | 0 % |
Key Summary
QPON | MFOA | |
|---|---|---|
Issuer | BetaShares | Milford |
Tracking index | Solactive Australian Bank Senior Floating Rate Bond Index - AUD | RBA Cash Rate - AUD - Benchmark TR Gross |
Asset class | ETF | ETF |
Management fee | 0.22 % | 0 % |
Price | $26.24 | $10.10 |
Size | $2.205 billion | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.94 % | 3.65 % |
Market | ASX | ASX |
First listed date | 06/06/2017 | 15/01/2023 |
Purchase fee | $6.50 | $6.50 |
Community Stats
QPON | MFOA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 44 | 2 |
Median incremental investment | $3,618.86 | $565.60 |
Median investment frequency | Monthly | Monthly |
Median total investment | $9,144.64 | $5,363.36 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
QPON | MFOA | |
|---|---|---|
Pros |
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Cons |
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QPON | MFOA |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Lower exposure to US market | Higher exposure to US market |
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |