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Yeah, that's what they mean. Here's a euro-denominated S&P500 ETF: https://finance.yahoo.com/quote/CSPX.AS/ https://finance.yahoo.com/quote/CSPX.AS/ and a USD
by rsynnott 1y ago
Yeah, that's what they mean. Here's a euro-denominated S&P500 ETF: https://finance.yahoo.com/quote/CSPX.AS/ https://finance.yahoo.com/quote/CSPX.AS/
and a USD denominated one: https://finance.yahoo.com/quote/SPY/ https://finance.yahoo.com/quote/SPY/
Have a look at the 1 year view. Note the fairly dramatic difference.
- CalRobert 1y agoIf only it were easier to buy etfs that aren’t PFIC’s