Compare AU

Compare TECH vs. QFN

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

Morningstar Global Tech 'Wide Moat'

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 Morningstar Global Tech 'Wide Moat' (TECH) and the BetaShares Australian Financials Sector ETF (QFN). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.

Community Stats

TECH

QFN

Popularity

Low

Low

Pearlers invested

185

23

Median incremental investment

$706.38

$540.50

Median investment frequency

Monthly

Monthly

Median total investment

$2,208.56

$2,081.25

Average age group

> 35

26 - 35


Key Summary

TECH

QFN

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.

QFN.AX was created on 2010-12-10 by BetaShares. The fund's investment portfolio concentrates primarily on financials equity. The ETF currently has 60.74m in AUM and 27 holdings. QFN.AX aims to track the performance of an index (before fees and expenses) comprising the largest ASX-listed companies in the financial sector, including the Big 4 banks and insurance companies but excluding Real Estate Investment Trusts.

Top 3 holdings

Shopify Inc Registered Shs -A- Subord Vtg (5.60 %)

Block Inc Class A (4.93 %)

Salesforce Inc (4.90 %)

COMMONWEALTH BANK OF AUSTRALIA (29.78 %)

NATIONAL AUSTRALIA BANK LTD (15.53 %)

WESTPAC BANKING CORP (13.12 %)

Top 3 industries

Information Technology (69.77 %)

Industrials (19.33 %)

Consumer Discretionary (11.20 %)

Financials (99.61 %)

Communication Services (2.56 %)

Other (0.39 %)

Top 3 countries

United States (76.16 %)

Netherlands (7.48 %)

Japan (5.55 %)

Australia (99.69 %)

United States (0.31 %)

Management fee

0.45 %

0.34 %


Key Summary

TECH

QFN

Issuer

Global X

BetaShares

Tracking index

Morningstar Developed Markets Technology Moat Focus Index - USD

Solactive Australia Financials Ex-REITs Sector Index

Asset class

ETF

ETF

Management fee

0.45 %

0.34 %

Price

$115.52

$16.53

Size

$356.067 million

$88.853 million

10Y return

N/A

45.64 %

Annual distribution yield (5Y)

7.49 %

5.63 %

Market

ASX

ASX

First listed date

11/04/2017

15/12/2010

Purchase fee

$6.50

$6.50


Community Stats

TECH

QFN

Popularity

Low

Low

Pearlers invested

185

23

Median incremental investment

$706.38

$540.50

Median investment frequency

Monthly

Monthly

Median total investment

$2,208.56

$2,081.25

Average age group

> 35

26 - 35


Pros and Cons

TECH

QFN

Pros

  • Higher exposure to US market

  • Higher distribution yield

  • Higher exposure to AU market

  • Lower management fee

  • Higher price growth

Cons

  • Lower exposure to AU market

  • Higher management fee

  • Lower price growth

  • Lower exposure to US market

  • Lower distribution yield

TECH

QFN

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

Lower price growth

Higher price growth

Higher distribution yield

Lower distribution yield

Home