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Compare TECH vs. ITEK
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 Morningstar Global Technology ETF (TECH) and the iShares Nasdaq Top 30 ETF (ITEK). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
TECH | ITEK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 207 | 2 |
Median incremental investment | $729.82 | $700.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,579.09 | $5,672.27 |
Average age group | > 35 | > 35 |
Key Summary
TECH | ITEK | |
|---|---|---|
Strategy | The Global X Morningstar Global Technology ETF (TECH: ASX) seeks to track the performance of the Morningstar Developed Markets Technology Moat Focus Index before considering any fees, expenses, or taxes. | ITEK.AX was created on 2022-08-15 by iShares. The fund's investment portfolio concentrates primarily on theme equity. The Fund aims to provide investors with the performance of the equally weighted return of the various indices of the Underlying Funds in which the Fund invests, before fees and expenses |
Top 3 holdings | Marvell Technology Inc (4.49 %) Fortinet Inc (4.33 %) Advanced Micro Devices Inc (4.31 %) | iShares Nasdaq Top 30 Stocks ETF (99.98 %) |
Top 3 industries | Information Technology (79.96 %) Financials (10.64 %) Industrials (9.70 %) | Other (99.97 %) Communication Services (0.00 %) |
Top 3 countries | United States (62.10 %) Netherlands (9.59 %) Germany (6.87 %) | United States (98.65 %) Canada (1.35 %) |
Management fee | 0.45 % | 0.63 % |
Key Summary
TECH | ITEK | |
|---|---|---|
Issuer | Global X | iShares |
Tracking index | Morningstar Developed Markets Technology Moat Focus Index - USD | |
Asset class | ETF | ETF |
Management fee | 0.45 % | 0.63 % |
Price | $83.11 | $29.39 |
Size | $263.872 million | $7.890 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 6.51 % | 1.40 % |
Market | ASX | ASX |
First listed date | 11/04/2017 | 16/08/2022 |
Purchase fee | $6.50 | $6.50 |
Community Stats
TECH | ITEK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 207 | 2 |
Median incremental investment | $729.82 | $700.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,579.09 | $5,672.27 |
Average age group | > 35 | > 35 |
Pros and Cons
TECH | ITEK | |
|---|---|---|
Pros |
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Cons |
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TECH | ITEK |
|---|---|
Lower exposure to US market | Higher exposure to US market |
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Higher distribution yield | Lower distribution yield |