At a glance
Side-by-side comparison
| Metric |
ITEK
iShares Future Tech Innovators ETF
|
TECH
Global X Morningstar Global Technology ETF
|
|---|---|---|
| Snapshot | ||
| Provider |
iShares
|
Global X
|
| Tracks index |
—
|
Morningstar Developed Markets Technology Moat Focus Index
|
| Categories |
Intl, Thematic, Growth, Tech
|
Intl, Thematic, Tech
|
| Listed since |
—
|
2020 (6 yrs)
|
| Fund size (AUM) |
$12m
|
$346m
|
| Cost & income | ||
| Management fee |
0.35%
|
0.45%
|
| Dividend yield |
7.84%
|
3.15%
|
| Franking |
0%
|
0%
|
| Turnover |
—
|
30%
|
| Tax drag | 2.51% | 1.73% |
| Returns |
Tax bracket
|
|
| 1-year return |
22.7%
net
|
18.7%
net
|
| 3-year return |
16.8%
net
|
17.7%
net
|
| 5-year return |
—
|
9.7%
net
|
| 10-year return |
—
|
—
|
| Risk | ||
| Volatility (3y) |
17%
|
22.7%
|
| Volatility (5y) |
—
|
21.5%
|
| Volatility (10y) |
—
|
—
|
| Sharpe ratio (3y) |
0.76
|
0.65
|
| Sharpe ratio (5y) |
—
|
0.38
|
| Sharpe ratio (10y) |
—
|
—
|
| Bid/ask spread |
—
|
—
|
marks the strongest fund in each row. “net” shows the after-tax return at your selected bracket. “—” means we don’t have that data point yet.
Each fund at a glance
- Top-10% returns over 1 year (31st of 318 ETFs we track).
- Low-cost: a 0.35% management fee keeps more of the return in your pocket.
- Cheaper alternatives exist: WWWW.
- Top-13% returns over 1 year (42nd of 318 ETFs we track).
- Cheaper alternatives exist: FANG.
Frequently Asked Questions
ITEK and TECH are 2 Australian-listed ETFs we compare side by side. ITEK carries the lower management fee (0.35%). Over 3 years, TECH has delivered the higher total return (17.7% a year). The table above breaks down fees, returns, income and risk for each.
ITEK has the lower management fee at 0.35% a year, versus TECH 0.45%.
Over the past 3 years, TECH has delivered the higher total return at 17.7% a year. Past performance is not a reliable indicator of future returns.
ITEK pays the higher at 7.84%. Remember distributions are taxed each year at your marginal rate.
TECH is the larger fund by assets ($346m). Larger funds are typically more liquid and trade on tighter spreads.
Related comparisons
General information only, generated from each fund's published data — not personal financial advice. Past performance is not a reliable indicator of future returns. Consider your own circumstances or seek licensed advice before investing.