SWAP-based or full replication for ETFs?
I am wavering between $XSXD (-0.03%) (Xtracker) or $IUSA (-0.02%) (Ishares). Both perform equally well (of course), both are distributing... The only difference is that the former is SWAP-based and the IShares ETF is not. The ETF from XTracker is about 0.5% cheaper for me.
I understand both types of replication, but I find a SWAP just as safe as a physical replication due to the hedging.
