Compare AU
Compare WIRE vs. FUEL
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 Global X Copper Miners ETF (WIRE) and the BetaShares Global Energy Comp Currency Hedged ETF (FUEL). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
WIRE | FUEL | |
---|---|---|
Popularity | Low | Low |
Pearlers invested | 60 | 47 |
Median incremental investment | $981.00 | $1,082.67 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,358.24 | $1,465.56 |
Average age group | > 35 | > 35 |
Key Summary
WIRE | FUEL | |
---|---|---|
Strategy | WIRE.AX was created on 2022-11-23 by Global X. The fund's investment portfolio concentrates primarily on materials equity. The ETF currently has 231.56m in AUM and 40 holdings. The Fund aims to provide investors with a return that (before fees and expenses) tracks the performance of the Solactive Global Copper Miners Total Return Index. | FUEL.AX was created on 2016-06-16 by BetaShares. The fund's investment portfolio concentrates primarily on energy equity. The fund aims to track the performance of an index (before fees and expenses) that comprises the largest global energy companies (ex-Australia), hedged into Australian dollars. |
Top 3 holdings | Boliden AB (6.20 %) First Quantum Minerals Ltd (5.32 %) Antofagasta PLC (5.31 %) | BRL - BRAZILIAN REAL (0 %) AUD - AUSTRALIA DOLLAR (0 %) CAD - CANADA DOLLAR (0 %) |
Top 3 industries | Materials (89.28 %) Other (10.72 %) | Other (80.49 %) Communication Services (33.88 %) Energy (18.67 %) |
Top 3 countries | Canada (37.57 %) China (10.30 %) United States (10.10 %) | United States (57.44 %) Canada (14.15 %) United Kingdom of Great Britain and Northern Ireland (11.60 %) |
Management fee | 0.65 % | 0.57 % |
Key Summary
WIRE | FUEL | |
---|---|---|
Issuer | Global X | BetaShares |
Tracking index | Solactive Global Copper Miners Index | Nasdaq Global ex-Australia Energy Hedged AUD Index - AUD |
Asset class | ETF | ETF |
Management fee | 0.65 % | 0.57 % |
Price | $13.19 | $6.32 |
Size | $234.228 million | $151.074 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 0.57 % | 3.46 % |
Market | ASX | ASX |
First listed date | 22/11/2022 | 20/06/2016 |
Purchase fee | $6.50 | $6.50 |
Community Stats
WIRE | FUEL | |
---|---|---|
Popularity | Low | Low |
Pearlers invested | 60 | 47 |
Median incremental investment | $981.00 | $1,082.67 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,358.24 | $1,465.56 |
Average age group | > 35 | > 35 |
Pros and Cons
WIRE | FUEL | |
---|---|---|
Pros |
|
|
Cons |
|
|
WIRE | FUEL |
---|---|
Higher exposure to AU market | Lower exposure to AU market |
Lower exposure to US market | Higher exposure to US market |
Higher management fee | Lower management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |