Magellan MGE vs possible alternative ETFs on the Australian ASXA better comparison would be BetaShares (QLTY) and Van Eck (Qual). These funds have an over 90% correlation with Magellan and have both outperformed comprehensively.
Key stats
About BETA QLTY ETF UNITS
Expense ratio
0.35%
Home page
Inception date
Nov 5, 2018
ISIN
AU0000022089
QLTY aims to track an index (before fees and expenses) that comprises 150 global companies (ex-Australia) ranked by highest quality score
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Health Technology
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.