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? - Seedly
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Anonymous

Asked on 04 Jul 2020

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?

I am a total noob wrt US ETF investment and would appreciate all comments

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    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​​​

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    Thank You!
    Can you clarify
    I wonder if
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    X_Y

    Level 5. Genius

    Updated on 04 Jul 2020

    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/​​​

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    Eddie Tan

    Eddie Tan

    08 Jul 2020

    This is so helpful 👍

    X_Y

    08 Jul 2020

    Thank you Eddie. Happy to help.
    Thank You!
    Can you clarify
    I wonder if
    This is so helpful 👍
    What about
    Post

    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.

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    Thank You!
    Can you clarify
    I wonder if
    This is so helpful 👍
    What about
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