S&P 500 ETF Tracker

Theta101

Any better S&P 500 Tracker than this one...

ISHARES PLC S&P 500 UCITS ETF (DIST) (IUSA)

http://www.hl.co.uk/shares/shares-search-results/i/ishares-plc-s-and-p-500-ucits-etf-dist

bowlhead99

The price of 0.07% OCF is about as low as you'll get (Vanguard have one at the same level).

But in terms of 'best', is there any reason you're not looking at their "accumulating" rather than quarterly distributing version?

iShares have another Core S&P 500 one which is accumulating (CSPX) and saves you dealing fees on periodically reinvesting the dividends produced.(helpful, given typical broker FX exchange costs and dealing fees).

Of course if you're investing outside a tax free wrapper it's quite handy to see how much dividends you're actually getting to help track your obligations.

The comments above on being 'best' for cost don't consider what's 'best' for liquidity, bid/offer spread, tracking error, counterparty risk etc. - soon you should research those for yourself if nobody else chimes in with observations.

george4064

I use CSP1 and IGUS (GBP hedged version).

Both widely available on platforms, accumulating and priced in GBP.

EdSwippet

bowlhead99 wrote: »

The price of 0.07% OCF is about as low as you'll get (Vanguard have one at the same level).

For what it's worth, last week Lyxor launched a 0.04% OCF US tracker ETF:
https://www.lyxoretf.co.uk/en/instit/products/equity-etf/lyxor-core-morningstar-us-dr-ucits-acc/lu1781540957/gbp

Not S&P 500, but likely close. Avoid outside an ISA or SIPP for now though, as it appears to currently lack HMRC reporting status.

bowlhead99 wrote: »

But in terms of 'best', is there any reason you're not looking at their "accumulating" rather than quarterly distributing version?

Accumulating funds and ETFs make sense inside ISAs and SIPPs. Outside, they are a tax computation nightmare.

Theta101

Thanks all.

I like the look of CSP1.
It's certainly a big one: size = 26266.7M.

It will be inside a SIPP.

Glen_Clark

bowlhead99 wrote: »

The price of 0.07% OCF is about as low as you'll get (Vanguard have one at the same level).

But in terms of 'best', is there any reason you're not looking at their "accumulating" rather than quarterly distributing version?

iShares have another Core S&P 500 one which is accumulating (CSPX) and saves you dealing fees on periodically reinvesting the dividends produced.(helpful, given typical broker FX exchange costs and dealing fees).

Of course if you're investing outside a tax free wrapper it's quite handy to see how much dividends you're actually getting to help track your obligations.

The comments above on being 'best' for cost don't consider what's 'best' for liquidity, bid/offer spread, tracking error, counterparty risk etc. - soon you should research those for yourself if nobody else chimes in with observations.

CSPX is priced in $. I use CSP1 because its priced in £. Otherwise you make very good points as usual