Compare AU

Compare SNAS vs. MKAX

Compare shares and ETFs on the ASX that you can trade on Pearler.

Nasdaq 100 Short Hedge Fund

ASX

Buy

Buy

Overview
Performance

Overview

When it comes to investing in the Australian stock market, shares are a popular choice. Two options in the ASX are SNAS and MKAX. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.

Community Stats

SNAS

MKAX

Popularity

Low

Low

Pearlers invested

21

1

Median incremental investment

$2,000.00

$4,990.50

Median investment frequency

Monthly

Fortnightly

Median total investment

$1,308.62

$4,558.40

Average age group

> 35

26 - 35


Key Summary

SNAS

MKAX

Strategy

SNAS.AX was created on 2020-07-13 by ETFS. The fund's investment portfolio concentrates primarily on multi-strategy alternatives. The investment objective of the Fund is to provide investors with geared returns (before fees and expenses), that are inversely related with the performance of the Nasdaq 100 Index (the Index).

MKAX.AX was created on 2020-06-24 by Montaka. The fund's investment portfolio concentrates primarily on long/short alternatives. The Fund aims to provide Unitholders with long term capital growth, with a focus on managing downside risk.

Top 3 holdings

Nasdaq 100 Short Hedge Fund (100 %)

Montaka Global Extension Fund (Quoted Managed Hedge Fund) (100 %)

Top 3 industries

Top 3 countries

Management fee

1 %

1.25 %


Key Summary

SNAS

MKAX

Issuer

ETFS

Montaka

Tracking index

NASDAQ 100 Index

Asset class

ETF

ETF

Management fee

1 %

1.25 %

Price

$22.18

$4.70

Size

$41.360 million

N/A

10Y return

N/A

N/A

Annual dividend yield (5Y)

- %

4.08 %

Market

ASX

ASX

First listed date

12/07/2020

23/06/2020

Purchase fee

$6.50

$6.50


Community Stats

SNAS

MKAX

Popularity

Low

Low

Pearlers invested

21

1

Median incremental investment

$2,000.00

$4,990.50

Median investment frequency

Monthly

Fortnightly

Median total investment

$1,308.62

$4,558.40

Average age group

> 35

26 - 35


Pros and Cons

SNAS

MKAX

Pros

  • Lower management fee

  • Higher distribution yield

Cons

  • Lower distribution yield

  • Higher management fee

SNAS

MKAX

Lower management fee

Higher management fee

Lower distribution yield

Higher distribution yield

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