Compare AU

Compare TECH vs. MVW

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

Global X Morningstar Global Technology ETF

ASX

Buy

Buy

Overview
Performance

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 Australian Equal Weight ETF (MVW). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.

Community Stats

TECH

MVW

Popularity

Low

Low

Pearlers invested

182

252

Median incremental investment

$702.76

$832.41

Median investment frequency

Monthly

Monthly

Median total investment

$2,220.08

$3,782.00

Average age group

> 35

> 35


Key Summary

TECH

MVW

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.

The fund seeks to track the performance of the MVIS Australia Equal Weight Index before additional fees.

Top 3 holdings

Shopify Inc Registered Shs -A- Subord Vtg (5.84 %)

Salesforce Inc (5.15 %)

Block Inc Class A (5.08 %)

Arcadium Lithium PLC CDI (2.84 %)

Pro Medicus Ltd (2.17 %)

Qantas Airways Ltd (1.75 %)

Top 3 industries

Information Technology (71.31 %)

Industrials (17.27 %)

Financials (11.42 %)

Real Estate (39.46 %)

Industrials (18.94 %)

Consumer Discretionary (17.88 %)

Top 3 countries

United States (76.16 %)

Netherlands (7.48 %)

Japan (5.55 %)

Australia (97.03 %)

United States (2.97 %)

Management fee

0.45 %

0.35 %


Key Summary

TECH

MVW

Issuer

Global X

VanEck

Tracking index

Morningstar Developed Markets Technology Moat Focus Index - USD

MVIS Australia Equal Weight Index - AUD

Asset class

ETF

ETF

Management fee

0.45 %

0.35 %

Price

$114.70

$38.05

Size

$382.497 million

$2.599 billion

10Y return

N/A

77.89 %

Annual distribution yield (5Y)

7.49 %

4.53 %

Market

ASX

ASX

First listed date

11/04/2017

06/03/2014

Purchase fee

$6.50

$6.50


Community Stats

TECH

MVW

Popularity

Low

Low

Pearlers invested

182

252

Median incremental investment

$702.76

$832.41

Median investment frequency

Monthly

Monthly

Median total investment

$2,220.08

$3,782.00

Average age group

> 35

> 35


Pros and Cons

TECH

MVW

Pros

  • Higher exposure to US market

  • Higher price growth

  • Higher distribution yield

  • Higher exposure to AU market

  • Lower management fee

Cons

  • Lower exposure to AU market

  • Higher management fee

  • Lower exposure to US market

  • Lower price growth

  • Lower distribution yield

TECH

MVW

Lower exposure to AU market

Higher exposure to AU market

Higher exposure to US market

Lower exposure to US market

Higher management fee

Lower management fee

Higher price growth

Lower price growth

Higher distribution yield

Lower distribution yield

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