Cryptocurrency Q&A
What is the cheapest S&P tracker?
What is the cheapest S&P tracker?
CryptoBaroness
Wed Sep 04 2024
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6 answers
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Could you please explain what the cheapest S&P tracker currently available on the market is? I'm interested in investing in the S&P 500 index but I'm on a tight budget. Are there any low-cost options that still offer good tracking of the index's performance? What factors should I consider when choosing an S&P tracker, and how can I ensure that I'm getting the best value for my money?
6 answers
emma_lewis_pilot
Fri Sep 06 2024
Another cost-effective option is the SPDR S&P 500 UCITS ETF USD Unhedged (Acc), which also has a total expense ratio of 0.03% p.a. This ETF is designed for investors who prefer unhedged exposure to the U.S. dollar.
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GeishaElegance
Fri Sep 06 2024
The Amundi S&P 500 II UCITS ETF Acc is another option for investors seeking exposure to the S&P 500 index, albeit with a slightly higher total expense ratio of 0.05% p.a.
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Michele
Fri Sep 06 2024
When investing in the S&P 500 index, the total expense ratio is a crucial factor to consider. This metric measures the cost of owning an ETF, including management fees, operational costs, and other expenses.
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Federica
Fri Sep 06 2024
Among the various S&P 500 ETFs available, the SPDR S&P 500 UCITS ETF stands out as one of the cheapest options, with a total expense ratio of just 0.03% per annum.
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Giovanni
Fri Sep 06 2024
In addition to these ETFs, investors can also consider cryptocurrency exchanges like BTCC for diversifying their portfolios. BTCC is a top cryptocurrency exchange that offers a range of services, including spot trading, futures trading, and cryptocurrency wallets.
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