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Compare WIRE vs. MGOC
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 Magellan Global Fund -Open Class Units -Active ETF (MGOC). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
WIRE | MGOC | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 98 | 43 |
Median incremental investment | $993.50 | $990.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,189.88 | $2,523.15 |
Average age group | > 35 | > 35 |
Key Summary
WIRE | MGOC | |
|---|---|---|
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. | MGOC.AX was created on 2007-07-01 by Magellan. The fund's investment portfolio concentrates primarily on total market equity. The investment objectives of the Fund are to achieve attractive risk-adjusted returns over the medium to long-term while reducing the risk of permanent capital loss. The Fund aims to deliver 9% p.a. net of fees over the economic cycle. |
Top 3 holdings | Southern Copper Corp (5.08 %) Lundin Mining Corp (5.00 %) Boliden AB (4.93 %) | Amazon.com Inc (7.90 %) Microsoft Corp (7.52 %) Taiwan Semiconductor Manufacturing Co Ltd ADR (5.11 %) |
Top 3 industries | Materials (89.37 %) Other (10.63 %) | Consumer Discretionary (24.19 %) Other (18.92 %) Communication Services (17.48 %) |
Top 3 countries | Canada (37.57 %) China (10.30 %) United States (10.10 %) | |
Management fee | 0.65 % | 1.35 % |
Key Summary
WIRE | MGOC | |
|---|---|---|
Issuer | Global X | Magellan |
Tracking index | Solactive Global Copper Miners Index | |
Asset class | ETF | ETF |
Management fee | 0.65 % | 1.35 % |
Price | $18.58 | $3.13 |
Size | $400.271 million | $7.047 billion |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 1.35 % | 5.27 % |
Market | ASX | ASX |
First listed date | 22/11/2022 | 29/11/2020 |
Purchase fee | $6.50 | $6.50 |
Community Stats
WIRE | MGOC | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 98 | 43 |
Median incremental investment | $993.50 | $990.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,189.88 | $2,523.15 |
Average age group | > 35 | > 35 |
Pros and Cons
WIRE | MGOC | |
|---|---|---|
Pros |
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Cons |
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WIRE | MGOC |
|---|---|
Higher exposure to AU market | Lower exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Lower management fee | Higher management fee |
Lower distribution yield | Higher distribution yield |