Does it matter on which exchange and which currency I buy ETF?
Does it matter on which exchange and which currency I buy ETF?
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rouen · External communityPost link
External question — Personal Finance Stack Exchange
Author: rouen
Original post: https://money.stackexchange.com/questions/146656
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
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I am citizen of EU member state and using Interactive Brokers. I am in for a long time and let's say I am averse to euro, so I focus on US equity ETFs. As EU citizen, I have to buy their UCITS variants. They are often listed on multiple exchanges and in different currencies. For example, VUAA is listed on LSE in GBP and USD, and on XETRA in EUR.
What are the differences I should consider when choosing one of these? In the end, I own desired amount of shares of the same fund, right? So it is only about commissions on different exchanges?
If I send EUR to my brokerage account, should I just use the EUR-denominated one on XETRA to save on currency conversion?
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Quoted from Forex.com.bd-Editorial External question — Personal Finance Stack Exchange Author: rouen Source score (net votes, not local likes): 0 Original post: https://money.stackexchange.com/questions/146656 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. I am citizen of EU member state and using Interactive Brokers. I am in for a long time and let's say I am averse to euro, so I focus on US equity ETFs. As EU citizen, I have to buy their UCITS variants. They are often listed on multiple exchanges and in different currencies. For example, VUAA is listed on LSE in GBP and USD, and on XETRA in EUR. What are the differences I should consider when choosing one of these? In the end, I own desired amount of shares of the same fund, right? So it is only about commissions on different exchanges? If I send EUR to my brokerage account, should I just use the EUR-denominated one on XETRA to save on currency conversion?
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