I compared the growth of VUSA in 3 different currencies as seen in the screenshot
Percentage wise, it looks like the British pound ETF has done best, is the following assumption true?
Let’s neglect currency exchange fees and tax implications
- Say at time 0 you start with 300$ and convert 100 to CHF ; 100 to Eur and 100 to pounds
- Then using your CHF / Eur and Pounds you buy VUSA
- At time 1 you sell the 3 ETFs ( end of the graph lines)
Now if I convert back the Chf / Eur / pounds to $, I expect to get the same amount of $ in each of the 3 cases ( or a very small difference; say max 1%)
Is this accurate what I described ?
Also, why are the dividends so different between the Chf and Eur ETF ? if anything I’d expect the CHF one to pay more as the 1 CHF is approx. 0.9 EUR