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Hi all,
I've been reading that Ireland-domicilied S&P ETF triumphs over US domiciled ETF.
I compared past 10 years of historical data of VOO vs CSPX assuming one DCAs 1 share every 1st of the month from Jun 2011 till May 2021.
My conclusion is CSPX wins after 01 Apr 2021 i.e ~10 years.
I assumed commission of 1 USD/share for VOO and 10 USD/month based on IBKR.
For VOO, we are actually paying less per month for higher liquidity.
Estate tax will be relevant if you invest in other US stocks with total amounting >60k USD
Please check in with my maths here. https://docs.google.com/spreadsheets/d/1CJntdKb...
Options at the 10th year:
1. one could switch over to IBKR and top up to 100k USD(no commission incurred).
Is this way of comparison sound?
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Tan Choong Hwee
23 Jun 2021
Investor/Trader at Home
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Why did you less off the expense ratio? this should have already been reflected in the price of the ETF.
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Agree with @CH that you shouldn't need to deduct the expense ratio because it is already deducted in the ETF.
Not sure why you use USD10 commission for CSPX. Should be minimum USD5 for LSE shares. Refer to IBKR Pricing.