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Compare WIRE vs. MTUM
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 Australian Momentum ETF (MTUM). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
WIRE | MTUM | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 336 | 12 |
Median incremental investment | $1,200.00 | $633.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,128.88 | $1,567.42 |
Average age group | > 35 | > 35 |
Key Summary
WIRE | MTUM | |
|---|---|---|
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. | N/A |
Top 3 holdings | Lundin Mining Corp (6.37 %) Sumitomo Metal Mining Co Ltd (5.78 %) Freeport-McMoRan Inc (5.59 %) | SPI 200 FUTURES JUN26 (0 %) ANZ GROUP HOLDINGS LTD (7.64 %) WESTPAC BANKING CORP (7.47 %) |
Top 3 industries | Materials (89.37 %) Other (10.63 %) | Financials (34.83 %) Consumer Discretionary (16.53 %) Industrials (14.39 %) |
Top 3 countries | Canada (32.90 %) China (15.64 %) United States (10.73 %) | |
Management fee | 0.65 % | 0 % |
Key Summary
WIRE | MTUM | |
|---|---|---|
Issuer | Global X | |
Tracking index | Solactive Global Copper Miners Index | |
Asset class | ETF | Stock |
Management fee | 0.65 % | 0 % |
Price | $24.33 | $28.76 |
Size | $769.552 million | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 1.28 % | 1.19 % |
Market | ASX | ASX |
First listed date | 22/11/2022 | 23/07/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
WIRE | MTUM | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 336 | 12 |
Median incremental investment | $1,200.00 | $633.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,128.88 | $1,567.42 |
Average age group | > 35 | > 35 |
Pros and Cons
WIRE | MTUM | |
|---|---|---|
Pros |
| |
Cons |
|
WIRE | MTUM |
|---|---|
Exposure to more markets and sectors | Exposure to 1 market and 1 sector only |
Higher dividend/distribution yield | Lower dividend/distribution yield |