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Compare TECH vs. GEAR
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 Betashares Geared Australian Equities Complex ETF (GEAR). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
TECH | GEAR | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 184 | 226 |
Median incremental investment | $723.50 | $1,000.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,285.88 | $2,228.85 |
Average age group | > 35 | 26 - 35 |
Key Summary
TECH | GEAR | |
|---|---|---|
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. | GEAR.AX was created on 2014-04-30 by BetaShares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 540.52m in AUM and 201 holdings. The Fund aims to provide investors with geared exposure to a diversified portfolio of Australian shares as simply as buying any share on the ASX. As the fund is internally geared, investors do not need to take out margin loans and do not have the possibility of margin calls in relation to their investment in the Fund. |
Top 3 holdings | Adyen NV (4.49 %) Microsoft Corp (4.37 %) Monolithic Power Systems Inc (4.31 %) | COMMONWEALTH BANK OF AUSTRALIA (25.43 %) BHP GROUP LTD (16.78 %) NATIONAL AUSTRALIA BANK LTD (10.24 %) |
Top 3 industries | Information Technology (80.86 %) Financials (9.89 %) Industrials (9.70 %) | Other (37.09 %) Financials (22.06 %) Materials (11.28 %) |
Top 3 countries | United States (76.16 %) Netherlands (7.48 %) Japan (5.55 %) | Australia (94.91 %) United States (3.06 %) New Zealand (1.56 %) |
Management fee | 0.45 % | 0.8 % |
Key Summary
TECH | GEAR | |
|---|---|---|
Issuer | Global X | BetaShares |
Tracking index | Morningstar Developed Markets Technology Moat Focus Index - USD | |
Asset class | ETF | ETF |
Management fee | 0.45 % | 0.8 % |
Price | $106.32 | $34.29 |
Size | $341.625 million | $553.750 million |
10Y return | N/A | 63.13 % |
Annual distribution yield (5Y) | 6.96 % | 5.89 % |
Market | ASX | ASX |
First listed date | 11/04/2017 | 02/05/2014 |
Purchase fee | $6.50 | $6.50 |
Community Stats
TECH | GEAR | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 184 | 226 |
Median incremental investment | $723.50 | $1,000.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,285.88 | $2,228.85 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
TECH | GEAR | |
|---|---|---|
Pros |
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Cons |
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TECH | GEAR |
|---|---|
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 |