Stewie (@Stewie) on getquin

1Yr·

I've recently started thinking about my ETF again, which I've been saving for a while. I have just read that it makes a difference for tax purposes where the fund domicile is. In Ireland you have a tax advantage.

My current ETF (WKN A2ATYV) has a TER of 0.18% and is domiciled in Luxembourg.

But now I found an ETF from SPDR, which has a TER of 0.12% and is based in Ireland (WKN A2N6CW).

Of course, I am now thinking of simply exchanging my current Amundi for the SPDR, because it seems more advantageous to me in the long term.

Am I overlooking something or can my thought be approved? Can vlt someone look over both ETFS, am there not so the mastermind 🤫

38 Comments

Fabzy ✨@Fabzy

1Yr

Hey Stewie 👋 long time no see ❤️ Yes the Irish one has the withholding tax advantage on US stocks. Since the World is 65% US, that helps. Ultimately, the two ETFs can be compared by tracking difference to the index. The SPDR actually outperformed the index in 2021, but it was only launched in 2019, so it is still very young. The Amundi lagged the World, launched in 2018, so also young. In addition, both are synthetic. Why of all the two and not the $IWDA or the $LCUW? You still have a few decades of savings phase ahead of you, an ETF change can be made if you no longer feel comfortable with the current one.

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View all 3 further answers

Beat The Bank@randomdude

1Yr

I can't even find the Amundi ETF at extraetf 🤔 Basically, I wouldn't worry about such details. In the next few years there will be many more products coming on the market that seem more attractive than what you have. Should you question everything every time, even though the newer alternative has no significant impact on the overall result?

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Yannik@BottomTopInvest

1Yr

No tax advice, just my little knowledge! Basically it is true about Ireland, but there is also the possibility with swappers that with certain points recognized by you USA, which must be met, the withholding tax is completely omitted. I recently heard this at Finanzfluss, but as I said I can not give any reliable information. LG