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Compare UMAX 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 Betashares S&P 500 Yield Maximiser Complex ETF (UMAX) 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
UMAX | GEAR | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 50 | 297 |
Median incremental investment | $1,000.00 | $1,000.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $4,108.20 | $2,253.55 |
Average age group | > 35 | 26 - 35 |
Key Summary
UMAX | GEAR | |
|---|---|---|
Strategy | UMAX.AX was created on 2014-09-17 by BetaShares. The fund's investment portfolio concentrates primarily on large cap equity. UMAX.AX aims to generate attractive quarterly income and reduce the volatility of portfolio returns by implementing an equity income investment strategy over a portfolio of stocks comprising the S&P 500 Index. UMAX.AX does not aim to track an index. | 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 564.7m 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 | ISHARES CORE S&P 500 ETF (99.86 %) USD - UNITED STATES DOLLAR (0.12 %) AUD - AUSTRALIA DOLLAR (0.01 %) | COMMONWEALTH BANK OF AUSTRALIA (24.69 %) BHP GROUP LTD (21.16 %) NATIONAL AUSTRALIA BANK LTD (12.18 %) |
Top 3 industries | Other (99.94 %) Communication Services (0.06 %) | Other (36.19 %) Financials (21.66 %) Materials (11.94 %) |
Top 3 countries | United States (99.47 %) Switzerland (0.25 %) China (0.11 %) | Australia (95.42 %) United States (3.04 %) New Zealand (0.60 %) |
Management fee | 0.79 % | 0.8 % |
Key Summary
UMAX | GEAR | |
|---|---|---|
Issuer | BetaShares | BetaShares |
Tracking index | ||
Asset class | ETF | ETF |
Management fee | 0.79 % | 0.8 % |
Price | $24.60 | $34.67 |
Size | $282.575 million | $546.371 million |
10Y return | 49.36 % | 100.64 % |
Annual distribution yield (5Y) | 5.68 % | 5.62 % |
Market | ASX | ASX |
First listed date | 19/09/2014 | 02/05/2014 |
Purchase fee | $6.50 | $6.50 |
Community Stats
UMAX | GEAR | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 50 | 297 |
Median incremental investment | $1,000.00 | $1,000.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $4,108.20 | $2,253.55 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
UMAX | GEAR | |
|---|---|---|
Pros |
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Cons |
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UMAX | 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 |