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Compare WIRE vs. QMAX
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 Nasdaq 100 Yield Maximiser Complex ETF (QMAX). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
WIRE | QMAX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 100 | 13 |
Median incremental investment | $993.50 | $957.45 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,243.21 | $6,972.75 |
Average age group | > 35 | > 35 |
Key Summary
WIRE | QMAX | |
|---|---|---|
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. | QMAX.AX was created on 2022-10-04 by BetaShares. The fund's investment portfolio concentrates primarily on large cap equity. QMAX.AX aims to provide regular income along with exposure to a portfolio of the top 100 companies listed on the Nasdaq stock market. |
Top 3 holdings | Lundin Mining Corp (5.62 %) Southern Copper Corp (5.01 %) KGHM Polska Miedz SA (4.81 %) | INVESCO NASDAQ 100 ETF (66.43 %) BETASHARES NASDAQ 100 ETF (32.88 %) USD - UNITED STATES DOLLAR (0.68 %) |
Top 3 industries | Materials (89.37 %) Other (10.63 %) | Other (99.97 %) Communication Services (0.00 %) |
Top 3 countries | Canada (37.57 %) China (10.30 %) United States (10.10 %) | United States (97.16 %) Netherlands (0.95 %) Brazil (0.69 %) |
Management fee | 0.65 % | 0.68 % |
Key Summary
WIRE | QMAX | |
|---|---|---|
Issuer | Global X | BetaShares |
Tracking index | Solactive Global Copper Miners Index | |
Asset class | ETF | ETF |
Management fee | 0.65 % | 0.68 % |
Price | $19.43 | $30.99 |
Size | $383.555 million | $33.968 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 1.35 % | 5.61 % |
Market | ASX | ASX |
First listed date | 22/11/2022 | 06/10/2022 |
Purchase fee | $6.50 | $6.50 |
Community Stats
WIRE | QMAX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 100 | 13 |
Median incremental investment | $993.50 | $957.45 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,243.21 | $6,972.75 |
Average age group | > 35 | > 35 |
Pros and Cons
WIRE | QMAX | |
|---|---|---|
Pros |
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Cons |
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WIRE | QMAX |
|---|---|
Higher exposure to AU market | Lower exposure to AU market |
Lower exposure to US market | Higher exposure to US market |
Lower management fee | Higher management fee |
Lower distribution yield | Higher distribution yield |