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Daily Investor analysed the performance of four Satrix exchange-traded funds (ETFs), and the Satrix Nasdaq 100 ETF came out as the clear winner.<\/p>\n
ETFs are similar to unit trusts, where money from many investors is pooled. However, instead of being under the control of a fund manager, it tracks a particular index.<\/p>\n
The\u00a0JSE Top 40<\/strong>\u00a0refers to the 40 biggest companies on the JSE by market and includes companies like Anglo American, Naspers, FirstRand, and MTN.<\/p>\n The\u00a0S&P Quality South Africa<\/strong>\u00a0index tracks high-quality stocks in the South African market by quality score, which is calculated based on return on equity, accruals ratio and financial leverage ratio.<\/p>\n These companies include Outsurance, Capitec, Clicks, Exxaro, and BHP.<\/p>\n The\u00a0S&P 500<\/strong>\u00a0tracks the stock performance of 500 of the largest companies listed on US stock exchanges.<\/p>\n This index includes well-known companies like Apple, Microsoft, Amazon, and Nvidia.<\/p>\n The\u00a0Nasdaq 100<\/strong>\u00a0is a stock market index made up of 101 equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock exchange.<\/p>\n This index includes similar companies to the S&P 500, like Apple, Microsoft, Nvidia and Meta, but is skewed towards technology growth stocks.<\/p>\n Daily Investor analysed four Satrix ETFs that track these four indexes to see which performed the best.<\/p>\n These funds are the Satrix 40 ETF, the Satrix Quality South Africa ETF, the Satrix S&P 500 Feeder ETF, and the Satrix Nasdaq 100 Feeder ETF.<\/p>\n The Nasdaq 100 ETF was the best-performing fund of the four analysed, having outperformed the others since inception, over 1 year and over 5 years.<\/p>\n Below is an overview of the individual funds in this analysis.<\/p>\n The Satrix 40 ETF is the oldest fund in this comparison, having launched in 2000.<\/p>\n It is also the largest fund in the comparison, with a portfolio size of R4 billion and 190 million shares in issue.<\/p>\n The fund\u2019s three largest holdings as of\u00a0October 2023\u00a0are Anglo American at 11.43%, Naspers at 10.79%, and FirstRand at\u00a0 6.08%.<\/p>\n It is largely exposed to the Basic Materials sector at 29.84% and the Financial sector at 27.19%.<\/p>\n This fund is also the most inexpensive fund in the comparison, with a total investment charge (TIC) of 0.16%.<\/p>\n The Satrix Quality South Africa ETF was launched in 2017 and is the smallest fund in this comparison, with a portfolio size of R54 million.<\/p>\n The fund\u2019s three largest holdings as of\u00a0October 2023\u00a0are Outsurance at 11.67%, Capitec at 11.28%, and Clicks at 10.49%.<\/p>\n It is largely exposed to the Financial sector at 33.03% and the Basic Materials sector at 26.36%.<\/p>\n This is also the most expensive fund in the comparison, with a TIC of 0.68%.<\/p>\n It has not outperformed the other three funds over one, three or five years.<\/p>\n The Satrix S&P 500 Feeder ETF was also launched in 2017 and is the second-largest fund in this comparison, with a size of R4.1 billion and 50.77 million securities in issue.<\/p>\n The fund\u2019s three largest holdings as of\u00a0October 2023\u00a0are Microsoft at 7.14%, Apple at 7.13%, and Amazon.com at 3.43%.<\/p>\n It is largely exposed to the Information Technology sector at 28.06%, with Health Care (13.15%) and Financials (12.76%) taking second and third place, respectively.<\/p>\n This fund has a TIC of 0.25% and outperformed the three other funds in this comparison over three years.<\/p>\n The Satrix Nasdaq 100 Feeder ETF was launched in 2018 and is, therefore, the youngest fund in this comparison.<\/p>\n It has a portfolio size of R4.0 billion and 26 million securities in issue.<\/p>\n The fund\u2019s three largest holdings as of October 2023 are Apple at 11.01%, Microsoft at 10.36%, and Amazon.com at 5.66%.<\/p>\n Almost half of the portfolio is exposed to the Information Technology sector at 49.20%.<\/p>\n This fund has a TIC of 0.48% and outperformed the three other funds in this comparison over one year, five years and since inception.<\/p>\n Daily Investor analysed the performance of four Satrix exchange-traded funds (ETFs), and the Satrix Nasdaq 100 ETF came out as the clear winner. ETFs are…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1574","post","type-post","status-publish","format-standard","hentry","category-innov8ions"],"_links":{"self":[{"href":"https:\/\/www.innov8fs.co.za\/blog\/wp-json\/wp\/v2\/posts\/1574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.innov8fs.co.za\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.innov8fs.co.za\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.innov8fs.co.za\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.innov8fs.co.za\/blog\/wp-json\/wp\/v2\/comments?post=1574"}],"version-history":[{"count":2,"href":"https:\/\/www.innov8fs.co.za\/blog\/wp-json\/wp\/v2\/posts\/1574\/revisions"}],"predecessor-version":[{"id":1577,"href":"https:\/\/www.innov8fs.co.za\/blog\/wp-json\/wp\/v2\/posts\/1574\/revisions\/1577"}],"wp:attachment":[{"href":"https:\/\/www.innov8fs.co.za\/blog\/wp-json\/wp\/v2\/media?parent=1574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.innov8fs.co.za\/blog\/wp-json\/wp\/v2\/categories?post=1574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.innov8fs.co.za\/blog\/wp-json\/wp\/v2\/tags?post=1574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nSatrix 40 ETF<\/h2>\n
\nSatrix Quality South Africa ETF<\/h2>\n
\nSatrix S&P 500 Feeder ETF<\/h2>\n
\nSatrix Nasdaq 100 Feeder ETF<\/h2>\n
\nFund comparison<\/h2>\n
\n\n\n\n
\n <\/td>\n Satrix 40 ETF<\/strong><\/td>\n Satrix Quality South Africa ETF<\/strong><\/td>\n Satrix S&P 500 Feeder ETF<\/strong><\/td>\n Satrix Nasdaq 100 Feeder ETF<\/strong><\/td>\n<\/tr>\n \n Fund size<\/strong><\/td>\n R12.2 billion<\/td>\n R54 million<\/td>\n R4.1 billion<\/td>\n R4.0 billion<\/td>\n<\/tr>\n \n Inception date<\/strong><\/td>\n 27 Nov 2000<\/td>\n 26 Sep 2017<\/td>\n 25 Jul 2017<\/td>\n 10 Apr 2018<\/td>\n<\/tr>\n \n Price (October 2023)<\/strong><\/td>\n R64.16<\/td>\n R7.56<\/td>\n R81.76<\/td>\n R152.91<\/td>\n<\/tr>\n \n Risk profile<\/strong><\/td>\n Aggressive<\/td>\n Aggressive<\/td>\n Aggressive<\/td>\n High risk<\/td>\n<\/tr>\n \n Total investment charges\u00a0<\/strong><\/td>\n 0.16%<\/mark><\/strong><\/td>\n 0.68%<\/mark><\/strong><\/td>\n 0.25%<\/td>\n 0.48%<\/td>\n<\/tr>\n \n JSE code<\/strong><\/td>\n STX40<\/td>\n STXQUA<\/td>\n STX500<\/td>\n STXNDQ<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/figure>\n
\nFund performance comparison<\/h2>\n
\n\n\n\n
\n <\/td>\n Satrix 40 ETF<\/strong><\/td>\n Satrix Quality South Africa ETF<\/strong><\/td>\n Satrix S&P 500 Feeder ETF<\/strong><\/td>\n Satrix Nasdaq 100 Feeder ETF<\/strong><\/td>\n<\/tr>\n \n 1-year performance<\/strong><\/td>\n 9.80%<\/td>\n 8.91%<\/td>\n 11.86%<\/td>\n 29.25%<\/mark><\/strong><\/td>\n<\/tr>\n \n 3-year performance<\/strong><\/td>\n 14.62%<\/td>\n 10.47%<\/td>\n 15.35%<\/mark><\/strong><\/td>\n 14.77%<\/td>\n<\/tr>\n \n 5-year performance\u00a0<\/strong><\/td>\n 10.38%<\/td>\n 3.02%<\/td>\n 15.91%<\/td>\n 21.73%<\/mark><\/strong><\/td>\n<\/tr>\n \n Since inception<\/strong><\/td>\n 7.77%*<\/td>\n 4.23%<\/td>\n 16.70%<\/td>\n 24.30%<\/mark><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>