Compare AU
Compare TECH vs. GDX
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 Morningstar Global Technology ETF (TECH) and the VanEck Gold Miners ETF (GDX). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
TECH | GDX | |
---|---|---|
Popularity | Low | Low |
Pearlers invested | 181 | 62 |
Median incremental investment | $710.29 | $1,111.87 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,298.20 | $2,835.51 |
Average age group | > 35 | > 35 |
Key Summary
TECH | GDX | |
---|---|---|
Strategy | The Global X Morningstar Global Technology ETF (TECH: ASX) seeks to track the performance of the Morningstar Developed Markets Technology Moat Focus Index before considering any fees, expenses, or taxes. | GDX.AX was created on 2015-06-26 by VanEck. The fund's investment portfolio concentrates primarily on materials equity. To achieve this investment objective, GDX.AX employs a passive management strategy of investing in the NYSE-listed GDX.AX issued and operated by VanEck in the United States. |
Top 3 holdings | Teradyne Inc (4.19 %) Uber Technologies Inc (4.17 %) SS&C Technologies Holdings Inc (4.10 %) | Newmont Corp (12.13 %) Agnico Eagle Mines Ltd (11.38 %) Barrick Gold Corp (7.54 %) |
Top 3 industries | Information Technology (59.63 %) Industrials (30.26 %) Consumer Discretionary (10.11 %) | Materials (87.79 %) Other (12.21 %) |
Top 3 countries | United States (76.16 %) Netherlands (7.48 %) Japan (5.55 %) | Canada (52.17 %) United States (17.26 %) Australia (11.76 %) |
Management fee | 0.45 % | 0.53 % |
Key Summary
TECH | GDX | |
---|---|---|
Issuer | Global X | VanEck |
Tracking index | Morningstar Developed Markets Technology Moat Focus Index - USD | NYSE Arca Gold Miners Index - AUD |
Asset class | ETF | ETF |
Management fee | 0.45 % | 0.53 % |
Price | $114.91 | $60.33 |
Size | $371.081 million | $588.682 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 7.45 % | 1.14 % |
Market | ASX | ASX |
First listed date | 11/04/2017 | 26/06/2015 |
Purchase fee | $6.50 | $6.50 |
Community Stats
TECH | GDX | |
---|---|---|
Popularity | Low | Low |
Pearlers invested | 181 | 62 |
Median incremental investment | $710.29 | $1,111.87 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,298.20 | $2,835.51 |
Average age group | > 35 | > 35 |
Pros and Cons
TECH | GDX | |
---|---|---|
Pros |
|
|
Cons |
|
|
TECH | GDX |
---|---|
Lower exposure to AU market | Higher exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Higher distribution yield | Lower distribution yield |