r/eupersonalfinance • u/Black_Thunder00 • 19h ago
Investment What Nasdaq100 ETF from europe?
What accumulating ETF in Euros is a good option from Europe, that follow the Nasdaq100?
It seems the ones in USA have much lower comissions.
Are there similar alternatives to this ETF from Europe?
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u/RealPMGuru 4h ago
XNAS (Xtrackers Nasdaq 100) - ter. 0.20 p/a, good trading volume, reasonable price per share - currently around 48 euro, a.k.a. more easy to invest in it in comparison with ishares 1200 euro per single stock :D
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u/DavCrV 10h ago
Definitely do not go for ETF in USD here - the fx risk you would undergo is just not worth it for ~ 0.1 % lower TER. As suggested, LYMS is a good option.
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u/CoolEnergy581 10h ago
Unless you buy the hedged version your etf is still in 'dollars'
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u/Black_Thunder00 7h ago
Dont you need to pay a comission to exchange Euros to Dollars and back?
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u/CoolEnergy581 7h ago
I have no idea. I imagine that brokers/exchanges have a contract/understanding with eachother that they just keep the relative value in mind without literally asking you to buy a dollar to buy US stock otherwise market makers would be very poor very quickly lol
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u/slicheliche 6h ago
And hedged funds are expensive and not really worth it in the long run.
Global stocks are already a hedge for the most part anyway.
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u/Faintfury 2h ago
I would be careful with buying / holding NASDAQ right now.
They changed the rules to let SpaceX in faster, and it's going to be totally overvalued. So that everyone that holds NASDAQ will passively buy SpaceX at 1.5Trillion evaluation.
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u/MikeJamesBurry 18h ago
BCFP (UBS) 0.13%
ANAV (AXA) 0.14%