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Compare WIRE vs. MHOT
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 VanEck Morningstar Wide Moat (Aud Hedged) ETF (MHOT). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
WIRE | MHOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 72 | 3 |
Median incremental investment | $993.50 | $2,553.00 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,139.06 | $10,592.40 |
Average age group | > 35 | > 35 |
Key Summary
WIRE | MHOT | |
|---|---|---|
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. | MHOT.AX was created on 2023-11-07 by VanEck. The fund's investment portfolio concentrates primarily on total market equity. MHOT.AX gives investors exposure to a diversified portfolio of attractively priced US companies with sustainable competitive advantages according to Morningstars equity research team. MHOT.AX aims to provide investment returns before fees and other costs which track the performance of the Index with returns hedged into Australian dollars. |
Top 3 holdings | Lundin Mining Corp (5.51 %) Zijin Mining Group Co Ltd Class H (5.43 %) First Quantum Minerals Ltd (5.43 %) | Applied Materials Inc (3.28 %) Thermo Fisher Scientific Inc (2.87 %) West Pharmaceutical Services Inc (2.77 %) |
Top 3 industries | Materials (89.37 %) Other (10.63 %) | Other (79.68 %) Industrials (6.90 %) Information Technology (6.82 %) |
Top 3 countries | Canada (37.57 %) China (10.30 %) United States (10.10 %) | United States (98.74 %) Netherlands (1.26 %) |
Management fee | 0.65 % | 0.52 % |
Key Summary
WIRE | MHOT | |
|---|---|---|
Issuer | Global X | VanEck |
Tracking index | Solactive Global Copper Miners Index | Morningstar Wide Moat Focus Index - AUD - Benchmark TR Net Hedged |
Asset class | ETF | ETF |
Management fee | 0.65 % | 0.52 % |
Price | $18.52 | $135.80 |
Size | $365.745 million | $45.770 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 1.35 % | 4.61 % |
Market | ASX | ASX |
First listed date | 22/11/2022 | 08/11/2023 |
Purchase fee | $6.50 | $6.50 |
Community Stats
WIRE | MHOT | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 72 | 3 |
Median incremental investment | $993.50 | $2,553.00 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,139.06 | $10,592.40 |
Average age group | > 35 | > 35 |
Pros and Cons
WIRE | MHOT | |
|---|---|---|
Pros |
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Cons |
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WIRE | MHOT |
|---|---|
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 distribution yield | Higher distribution yield |