1Année·

Hello all,


I have a question, with Google I can not find a satisfactory answer, maybe you can help me.


$ISPA (+0,06 %) and $XGSD (+0,12 %)


They track the same index but have very different dividend payouts, but the chart itself is the same for both 1:1.


What is the reason for this? The only explanation I have is that one replicates physically and the other synthetically. If this is the case, why is it so?


which etf makes more sense and why?


Thanks in advance

VG

2 Commentaires

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Replication methods and fees matter, and with different strategies on distribution and reinvestment, there are also differences.
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I've wondered the same thing and tried to research it. It could have something to do with the fact that gains from swap ETFs are tax-free in the USA. The index also has about 19% US exposure. The swap transactions also mean that not all positions have to be bought physically, which probably saves additional transaction costs for the ETF investor.
I would be happy to be enlightened by someone who knows exactly.
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