I am considering investing in NASDAQ ETF - can someone explain the difference between CNDX and EQQQ? What are your thoughts on FSM and SAXO as a platform in this case?

Of the advantageously physically replicated Ireland-domiciled ones (EQQQ, CNDX, EXXT)

EQQQ is distributing, the cheapest, has the lowest fees (TER 0.30.% per year) and the best performance​​​

Key Differences

CNDX LN Equity

Currency: USD

Expense ratio: 0.33%

Fund Size: USD 5.50B

*Securities Lending: Yes

EQQQ LN Equity

Currency: GBP

Expense ratio: 0.3%

Fund Size: USD 4.02B

*Securities Lending: No

You may also be keen to look into QQQ US Equity (INVESCO QQQ TRUST SERIES 1). It is one of the most popular ETF for Nasdaq with a USD 118.35B fund size that dwarfs the other 2 ETFs mentioned above, with a lower expense ratio too.

QQQ US Equity

Currency: USD

Expense ratio: 0.2%

Fund Size: USD 118.35B

*Securities Lending: No

Additionally, these are some of the important questions to know before deciding which funds to invest in:

• How has the NAV (price) been trending since inception?

• How has the fund been performing quarter on quarter since inception?

• How has the dividend been trending since inception?

• How has the fund size been growing?

• What are your probabilities to make/lose money?

• What are your average (+) and (-) returns?

• Is your fund outperforming or underperforming the benchmark? (For Unit Trust)

You can find a list of useful charts and checklists to do your own analysis and answer the above questions via this link: https://dl.orangedox.com/fund-analysis-pdfs

File Names:

-INVESCO NASDAQ-100 DIST (EQQQ LN Equity)_update_040720

-ISHARES NASDAQ 100 USD ACC (CNDX LN Equity)_updated_040720

-INVESCO QQQ TRUST SERIES 1 (QQQ US Equity)_updated_040720

As for which platform is better, I can't comment much as I only use FSM. No harm applying for both and just try them out.

*To know more about what is Securities Lending: https://www.investopedia.com/investing/role-securities-lending-etf-returns/​​​

Hi there,

If you are looking at CNDX vs EQQQ,

I suppose your standpoint is a preference on Ireland-domiciled funds having WHT of 15% vs the WHT of US-based 30%.

A quick comparison on the 2 funds:

Year Incepted

CNDX: 2010

EQQQ: 2002

Expense Ratio

CNDX: 0.33%

EQQQ: 0.30%

Dividend

CNDX: Reinvest (Acc) type

EQQQ: Payout: 0.5%

EQQQ has been around longer, 10% cheaper, and offers Div Payout.

CNDX came out 8 yrs later, also relatively low cost, but it reinvests your dividends back into the fund.

I read somewhere that AUM for EQQQ is slightly larger and more liquid compared to CNDX (you have to verify those).

Therefore, if your intent is long-term buy and hold, I will go with EQQQ.

As a user of FSM, I see choices of other NASDAQ-100 tracking funds, but neither CNDX nor EQQQ is available for my purchase through their DIY interface.

Guess SAXO is the way for now.