MICH vs PAVE - Compare ETFs side by side

At a glance

Comparing MICH and PAVE. PAVE has the lower management fee at 0.46% a year and PAVE offers the higher at 3.12%.

Lower fee

PAVE 0.46% p.a.

Higher yield

PAVE 3.12%

Larger fund

PAVE $35m

Side-by-side comparison

Metric	MICH Magellan Infrastructure Fund (Currency Hedged)	PAVE Global X US Infrastructure Development ETF
Snapshot
Provider	—	Global X
Tracks index	S&P Global Infrastructure Index (AUD Hedged)	—
Categories	Intl, Thematic, Active	Intl, Thematic, US
Listed since	2016 (10 yrs)	—
Fund size (AUM)	—	$35m
Cost & income
Management fee	1.05%	0.46%
Dividend yield	—	3.12%
Franking	0%	0%
Turnover	20%	—
Tax drag	0.48%	1%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	—	13.6% net
3-year return	—	—
5-year return	—	—
10-year return	—	—
Risk
Volatility (3y)	—	—
Volatility (5y)	—	—
Volatility (10y)	—	—
Sharpe ratio (3y)	—	—
Sharpe ratio (5y)	—	—
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

MICH Magellan Infrastructure Fund (Currency Hedged)

A 1.05% management fee is high and compounds against you over time.

Full MICH analysis →

PAVE Global X US Infrastructure Development ETF

Cheaper alternatives exist: GLIN and IFRA.

Full PAVE analysis →

Frequently Asked Questions

What's the difference between MICH vs PAVE?

MICH and PAVE are 2 Australian-listed ETFs we compare side by side. PAVE carries the lower management fee (0.46%). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - MICH vs PAVE?

PAVE has the lower management fee at 0.46% a year, versus MICH 1.05%.

Which pays the higher dividend yield?

PAVE pays the higher at 3.12%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

PAVE is the larger fund by assets ($35m). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

MICH vs IFRA MICH vs GLIN MICH vs CIIH MICH vs RIIF MICH vs GHIF MICH vs TOLL PAVE vs IFRA PAVE vs GLIN

← Back to all ETFs

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.