I am deciding between investing in either VUSD or CSPX to get exposed to the S&P500 ETF. I have seen people recommending VUSD, VWRD and VOO, and I got confused. May I ask how do you decide among them? - Seedly
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Anonymous

Asked on 02 Apr 2019

I am deciding between investing in either VUSD or CSPX to get exposed to the S&P500 ETF. I have seen people recommending VUSD, VWRD and VOO, and I got confused. May I ask how do you decide among them?

I also understand that we should, as Singaporeans, put money in a non-US domiciled S&P500 ETF to save on the withholding taxes from 30% to 15%. However, I am a bit lost as to where to start and hence my question.

May I also ask if there is an S&P500 ETF that automatically reinvest the dividends?

Thank you! ^^

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Frankie Aufhauser-Rappaport
Frankie Aufhauser-Rappaport
Top Contributor

Top Contributor (Feb)

Level 8. Wizard
Updated on 14 Feb 2020

Hi, good questions,

yes even with the same index S&P500 they can be quite different:

-stock exchange(s) on which traded, hence different tickers/quotation symbols

-size (AUM) should be high

-TER (annual % fees) should be low

-replication method (physically versus indirectly with SWAPs) should be physically

-security lending to other parties should (ideally) be no, but maybe if yes o.k.

If You only trade at SGX exchange the following

would be possibly the cheapest:

S27 SPDR S&P500 US$

If You have access to the stock exchanges in Europe,

and they are all O.K.:

iShares Core S&P 500 UCITS ETF (Acc), ISIN: IE00B5BMR087

is very large and even cheaper: TER 0.07% (difference maybe not so important).

Depending on the stock exchange it can have different tickers:

CSP1, SXR8, CSSPX, CSPX

Vanguard S&P 500 UCITS ETF, ISIN: IE00B3XXRP09, TER:0.07%

Tickers: VUSA, VUSD

The european counterpart to singaporean S27 and

much more liquid and one that does not lend it's

single stock away to other parties is:

SPDR S&P 500 UCITS ETF, ISIN: IE00B6YX5C33, TER 0.09%

Tickers: SPY5, SPX5

If You'd ask me; the last mentioned would be the safest.

In the U.S. there are of course VOO and IVV with their witholding tax

(and also falling under estate tax!).

more on my thinking here:

https://seedly.sg/questions/what-is-your-general-investing-philosophy-strategy?aid=32269​​​

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Josh Ng
Josh Ng
Level 5. Genius
Answered on 15 Feb 2020

Have you considered iwda to include all developed markets apart from S&P?

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