Different TER (costs) for ETFs
Recently there was an interesting article here by @DonkeyInvestor. It was about restructuring his ETF portfolio. Specifically, about saving in alternative, new ETFs with lower management fees (TER). I made a note of that.
During my research, I noticed that prices are shown differently on different platforms. For example, various articles state that UBS has lowered its ETF prices everywhere.
The UBS ETF MSCI World UCITS ETF (USD) A-acc for example, is said to have annual costs of 0.10 % according to Onvista. In Trade Republic, however, the ETF is displayed with costs of 0.29%.
Does anyone know why this might be? Different markets? These are actually global products.
I am currently saving:
$XDWD (+0.24%) (TER 0.19%) -> Xtrackers
$IEMA (-0.23%) (TER 0.18%) -> iShars
$IPRV (+0.28%) (TER 0.75%) -> iShares
$XDEQ (-0.05%) (TER 0.25%) -> Xtrackers
$XDEV (+0.4%) (TER 0.25%) -> Xtrackers
Of course, there are not alternatives from other issuers for each of these products. $IPRV (+0.28%) is comparatively expensive, for example, but rather rare as a product.
Would be grateful for tips, on the one hand why a) the cost display is so different and b) which alternatives are cheaper.
And am I c) that if I decide to invest in new, cheaper ETFs, it is better to keep the old ones in my portfolio instead of switching them and (immediately) paying tax?
