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Compare WIRE vs. IKO
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 iShares MSCI South Korea ETF (IKO). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
WIRE | IKO | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 102 | 21 |
Median incremental investment | $1,009.00 | $995.90 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,301.21 | $1,460.70 |
Average age group | > 35 | > 35 |
Key Summary
WIRE | IKO | |
|---|---|---|
Strategy | WIRE.AX was created on 2022-11-23 by Global X. The fund's investment portfolio concentrates primarily on materials equity. 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. | IKO.AX was created on 2000-05-09 by iShares. The fund's investment portfolio concentrates primarily on total market equity. The fund aims to provide investors with the performance of the MSCI Korea 25/50 Index, before fees and expenses. The index is designed to measure the performance of Korean large-, mid- & small- capitalisation companies |
Top 3 holdings | Lundin Mining Corp (5.65 %) Boliden AB (4.93 %) Southern Copper Corp (4.88 %) | SAMSUNG ELECTRONICS LTD (22.54 %) SK HYNIX INC (10.40 %) KB FINANCIAL GROUP INC (3.13 %) |
Top 3 industries | Materials (89.37 %) Other (10.63 %) | Information Technology (36.22 %) Industrials (20.26 %) Financials (14.10 %) |
Top 3 countries | Canada (37.57 %) China (10.30 %) United States (10.10 %) | Korea (100.00 %) |
Management fee | 0.65 % | 0.59 % |
Key Summary
WIRE | IKO | |
|---|---|---|
Issuer | Global X | iShares |
Tracking index | Solactive Global Copper Miners Index | MSCI Korea 25/50 Index - AUD |
Asset class | ETF | ETF |
Management fee | 0.65 % | 0.59 % |
Price | $18.94 | $146.07 |
Size | $407.227 million | $114.887 million |
10Y return | N/A | 103.72 % |
Annual distribution yield (5Y) | 1.35 % | 1.26 % |
Market | ASX | ASX |
First listed date | 22/11/2022 | 15/11/2007 |
Purchase fee | $6.50 | $6.50 |
Community Stats
WIRE | IKO | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 102 | 21 |
Median incremental investment | $1,009.00 | $995.90 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,301.21 | $1,460.70 |
Average age group | > 35 | > 35 |
Pros and Cons
WIRE | IKO | |
|---|---|---|
Pros |
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Cons |
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WIRE | IKO |
|---|---|
Higher exposure to AU market | Lower 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 |