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Compare UMAX vs. MFOA
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 Milford Australian Absolute Growth Complex ETF (MFOA). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
UMAX | MFOA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 48 | 1 |
Median incremental investment | $1,000.00 | $693.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $3,828.12 | $1,374.66 |
Average age group | > 35 | 26 - 35 |
Key Summary
UMAX | MFOA | |
|---|---|---|
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. | MFOA.AX was created on 2023-01-16 by Milford. The fund's investment portfolio concentrates primarily on multi-strategy alternatives. The Fund targets absolute returns with an annualised return objective of 5% above the RBA cash rate while seeking to preserve investor capital over rolling three year periods (net of fees). |
Top 3 holdings | ISHARES CORE S&P 500 ETF (99.86 %) USD - UNITED STATES DOLLAR (0.12 %) AUD - AUSTRALIA DOLLAR (0.01 %) | BHP Group Ltd (4.15 %) Westpac Banking Corp (3.32 %) CSL Ltd (3.25 %) |
Top 3 industries | Other (99.94 %) Communication Services (0.06 %) | Other (70.40 %) Materials (13.15 %) Health Care (11.52 %) |
Top 3 countries | United States (99.47 %) Switzerland (0.25 %) China (0.11 %) | Australia (83.13 %) United States (9.91 %) New Zealand (4.73 %) |
Management fee | 0.79 % | 0 % |
Key Summary
UMAX | MFOA | |
|---|---|---|
Issuer | BetaShares | Milford |
Tracking index | RBA Cash Rate - AUD - Benchmark TR Gross | |
Asset class | ETF | ETF |
Management fee | 0.79 % | 0 % |
Price | $26.22 | $11.50 |
Size | $291.084 million | N/A |
10Y return | 54.87 % | N/A |
Annual distribution yield (5Y) | 5.75 % | 2.09 % |
Market | ASX | ASX |
First listed date | 19/09/2014 | 15/01/2023 |
Purchase fee | $6.50 | $6.50 |
Community Stats
UMAX | MFOA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 48 | 1 |
Median incremental investment | $1,000.00 | $693.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $3,828.12 | $1,374.66 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
UMAX | MFOA | |
|---|---|---|
Pros |
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Cons |
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UMAX | MFOA |
|---|---|
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 |