My first buy in ETF - will choose:
- Shares Core MSCI World UCITS ETF USD (Acc), ISIN: IE00B4L5Y983; WKN: A0RPWH
Goal: > 15 < 20 years buy and hold.
As a swiss a buy it for USD - so i will buy some USD over “Wise” (Transferwise) and transfer it to Swissquote in USD.
As i learned, the exchange rate over the long period of time is not that important but the “spread” and “volume” of the market. So you can buy this ETF on the following stock exchanges in Swissquote:
|TradeEUNL||ISHRS CORE MSCI WORLD USD ACC||Stuttgart||EUR||75.637||-3.399 (-4.30 %)||251’671||77.68||75.038|
|TradeIWDAN||iShares Core MSCI World UCITS ETF USD (Acc)||America||MXN||1’840.00||- (-)||211’278||-||-|
|TradeSWDA||ISHRS CORE MSCI WORLD USD ACC||Italienischer||EUR||76.30||-2.68 (-3.39 %)||146’928||77.27||76.17|
|TradeEUNL||ISHRS CORE MSCI WORLD USD ACC||Düsseldorf||EUR||76.12||-2.882 (-3.65 %)||6’044||77.84||76.10|
|TradeSWDA||ISHRS CORE MSCI WORLD USD ACC||UK||GBX||6’466.00||-177.00 (-2.66 %)||129’500||6’532.00||6’466.00|
|TradeEUNL||ISHRS CORE MSCI WORLD USD ACC||Xetra||EUR||76.298||-2.67 (-3.38 %)||795’292||77.27||76.154|
|TradeIWDA||ISHRS CORE MSCI WORLD USD ACC||Euronext||EUR||76.24||-2.725 (-3.45 %)||178’578||77.325||76.17|
|TradeIWDA||ISHRS CORE MSCI WORLD USD ACC||UK||USD||86.30||-2.23 (-2.52 %)||526’497||87.59||86.21|
|TradeEUNL||ISHRS CORE MSCI WORLD USD ACC||Hamburg||EUR||75.93||-3.04 (-3.85 %)||2’311||77.56||75.93|
|TradeEUNL||ISHRS CORE MSCI WORLD USD ACC||München||EUR||75.934||-3.082 (-3.90 %)||3’720||77.55||75.934|
|TradeEUNL||ISHRS CORE MSCI WORLD USD ACC||Frankfurt||EUR||76.08||-2.902 (-3.67 %)||33’643||77.70||75.932|
|TradeIRRRF||iShares Core MSCI World UCITS ETF USD (Acc)||America||USD||88.0841||- (-)||722||-||-|
|TradeSWDA||iSh Core MSCI Wrld USD Acc||SIX||USD||86.25||-2.27 (-2.56 %)||13’397||87.08||86.23|
|TradeEUNL||ISHRS CORE MSCI WORLD USD ACC||Berlin||EUR||76.248||-2.806 (-3.55 %)||536||78.20||76.248|
The domicil of the ETF is anyway Ireland so i need to fill out the specified tax form for refunding the 35% VAT. This is independent on where i buy the ETF.
The following market places are the best according to the volume and spread:
- XETRA (biggest volume - but in EUR)
SWX is with the volume of about 13’397 trades in comparison to 795K/520K of XETRA and UK much smaller.
Course Differences (spreads):
XETRA = 0.048
UK = 0.06
SWX = ~0.05
I would buy in UK because:
- The volume is much higher than in CHF in the currency is the same as the ETF (USD)
- The spread is alike the samke as in SWX or Xetra (.0.01 higher)
- I will save the swiss “Stempelgebühren” of the swiss market SWX
BUT when i entering the transaction in Swissquote “as a test” for looking how many costs occurs (buying 55 ETF on both markets UK and SWX):
- UK = USD 37.97
- SWX = USD 19.59
Question: are all costs included inclusinve the swiss “Stempelgebühren” in SWX?
Question to you guys:
- does this makes sense?
- What Strategy if a ETF can be handled in more then one market in NON-CHF: 1) Swiss SWX first, market with bigger volume or less spread?
Any suggestions or inputs are warmly welcome.
Thank you so much for your support
Enjoy your weekend