Compare AU
Compare WCMQ vs. CNEW
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 WCM Quality Global Growth Fund (Quoted Managed Fund) (WCMQ) and the China Growth Companies (CNEW). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
WCMQ | CNEW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 52 |
Median incremental investment | $1,006.22 | $702.18 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,452.56 | $1,935.57 |
Average age group | > 35 | > 35 |
Key Summary
WCMQ | CNEW | |
|---|---|---|
Strategy | WCMQ.AX was created on 2018-09-03 by WCM. The fund's investment portfolio concentrates primarily on total market equity. To exceed the benchmark MSCI All Country World Index ex-Australia before taxes and fees over rolling three-year time periods, and to experience lower volatility than the benchmark. | CNEW.AX was created on 2018-11-08 by VanEck. The fund's investment portfolio concentrates primarily on total market equity. CNEW.AX gives investors a portfolio of the most fundamentally sound companies in China having the best growth prospects in sectors making up the New Economy, namely technology, health care, consumer staples and consumer discretionary. CNEW.AX aims to provide investment returns, before fees and other costs, which track the performance of the Index. |
Top 3 holdings | AppLovin Corp Ordinary Shares - Class A (6.22 %) GE Aerospace (4.72 %) Amazon.com Inc (4.70 %) | Changbai Mountain Tourism Co Ltd Class A (1.57 %) Zhejiang China Commodities City Group Co Ltd Class A (1.20 %) Toread Holdings Group Co Ltd Class A (1.15 %) |
Top 3 industries | Information Technology (31.52 %) Other (17.50 %) Health Care (17.32 %) | Consumer Discretionary (43.16 %) Other (36.77 %) Information Technology (27.66 %) |
Top 3 countries | United States (71.21 %) Canada (4.84 %) Denmark (4.43 %) | China (100.00 %) |
Management fee | 1.25 % | 0.95 % |
Key Summary
WCMQ | CNEW | |
|---|---|---|
Issuer | WCM | VanEck |
Tracking index | CSI MarketGrader China New Economy Index - CNY | |
Asset class | ETF | ETF |
Management fee | 1.25 % | 0.95 % |
Price | $10.84 | $7.09 |
Size | $402.147 million | $116.261 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 3.86 % | 1.53 % |
Market | ASX | ASX |
First listed date | 03/09/2018 | 09/11/2018 |
Purchase fee | $6.50 | $6.50 |
Community Stats
WCMQ | CNEW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 52 |
Median incremental investment | $1,006.22 | $702.18 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,452.56 | $1,935.57 |
Average age group | > 35 | > 35 |
Pros and Cons
WCMQ | CNEW | |
|---|---|---|
Pros |
|
|
Cons |
|
|
WCMQ | CNEW |
|---|---|
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 |