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Compare AU
Compare GDX vs. QAU
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 VanEck Gold Miners ETF (GDX) and the Betashares Gold Bullion Currency Hedged ETF (QAU). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
GDX | QAU | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 94 | 85 |
Median incremental investment | $1,060.00 | $1,870.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,483.31 | $2,056.50 |
Average age group | > 35 | > 35 |
Key Summary
GDX | QAU | |
|---|---|---|
Strategy | GDX.AX was created on 2015-06-26 by VanEck. The fund's investment portfolio concentrates primarily on materials equity. To achieve this investment objective, GDX.AX employs a passive management strategy of investing in the NYSE-listed GDX.AX issued and operated by VanEck in the United States. | QAU.AX was created on 2011-05-03 by BetaShares. The fund's investment portfolio concentrates primarily on gold commodities. The investment objective of the Fund is to provide an investment return, before fees and expenses, that closely tracks the performance of the price of gold bullion, with a currency hedge against movements in the AUD/USD exchange rate. |
Top 3 holdings | Newmont Corp (11.92 %) Agnico Eagle Mines Ltd (11.35 %) Wheaton Precious Metals Corp (7.59 %) | AUD - AUSTRALIA DOLLAR (100.35 %) LONDON GOLD MARKET FIXING LTD GOLD BULLION GOLD BULLION (99.21 %) USD - UNITED STATES DOLLAR (-99.56 %) |
Top 3 industries | Materials (77.51 %) Other (22.49 %) | Other (66.71 %) Communication Services (33.29 %) |
Top 3 countries | Canada (52.17 %) United States (17.26 %) Australia (11.76 %) | |
Management fee | 0.53 % | 0.59 % |
Key Summary
GDX | QAU | |
|---|---|---|
Issuer | VanEck | BetaShares |
Tracking index | NYSE Arca Gold Miners Index - AUD | LBMA Gold Price AM ($/ozt) |
Asset class | ETF | ETF |
Management fee | 0.53 % | 0.59 % |
Price | $81.42 | $27.42 |
Size | $807.231 million | $1.095 billion |
10Y return | N/A | 117.97 % |
Annual distribution yield (5Y) | 1.14 % | 1.57 % |
Market | ASX | ASX |
First listed date | 26/06/2015 | 04/05/2011 |
Purchase fee | $6.50 | $6.50 |
Community Stats
GDX | QAU | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 94 | 85 |
Median incremental investment | $1,060.00 | $1,870.50 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,483.31 | $2,056.50 |
Average age group | > 35 | > 35 |
Pros and Cons
GDX | QAU | |
|---|---|---|
Pros |
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Cons |
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GDX | QAU |
|---|---|
Higher exposure to AU market | Lower exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Lower management fee | Higher management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |