Compare AU
Compare WIRE vs. QRE
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 Resources Sector ETF (QRE). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
WIRE | QRE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 65 | 85 |
Median incremental investment | $993.50 | $993.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,146.65 | $1,795.50 |
Average age group | > 35 | > 35 |
Key Summary
WIRE | QRE | |
|---|---|---|
Strategy | WIRE.AX was created on 2022-11-23 by Global X. The fund's investment portfolio concentrates primarily on materials equity. The ETF currently has 244.46m in AUM and 40 holdings. 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. | QRE.AX was created on 2010-12-10 by BetaShares. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 285.01m in AUM and 43 holdings. QRE.AX aims to track the performance an index (before fees and expenses) comprising the largest ASX-listed companies in the resources sector, including BHP, Rio Tinto, Woodside Petroleum and more. |
Top 3 holdings | Zijin Mining Group Co Ltd Class H (6.49 %) Boliden AB (5.83 %) First Quantum Minerals Ltd (5.63 %) | S&P/ASX 200 R IDX JUN25 (0 %) BHP GROUP LTD (38.21 %) RIO TINTO LTD (9.11 %) |
Top 3 industries | Materials (88.41 %) Other (11.59 %) | Materials (79.09 %) Energy (17.34 %) Other (3.57 %) |
Top 3 countries | Canada (37.57 %) China (10.30 %) United States (10.10 %) | Australia (97.20 %) United States (2.39 %) China (0.41 %) |
Management fee | 0.65 % | 0.34 % |
Key Summary
WIRE | QRE | |
|---|---|---|
Issuer | Global X | BetaShares |
Tracking index | Solactive Global Copper Miners Index | Solactive Australia Resources Sector Index - AUD - Benchmark TR Gross |
Asset class | ETF | ETF |
Management fee | 0.65 % | 0.34 % |
Price | $12.11 | $6.70 |
Size | $236.752 million | $282.058 million |
10Y return | N/A | 36.18 % |
Annual distribution yield (5Y) | 0.57 % | 9.10 % |
Market | ASX | ASX |
First listed date | 22/11/2022 | 15/12/2010 |
Purchase fee | $6.50 | $6.50 |
Community Stats
WIRE | QRE | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 65 | 85 |
Median incremental investment | $993.50 | $993.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,146.65 | $1,795.50 |
Average age group | > 35 | > 35 |
Pros and Cons
WIRE | QRE | |
|---|---|---|
Pros |
|
|
Cons |
|
|
WIRE | QRE |
|---|---|
Lower exposure to AU market | Higher 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 |
Lower distribution yield | Higher distribution yield |