I’ve been planning to speculate long run (20-30 years) in an SP500 based mostly ETF, and after some analysis I’ve recognized iShares Core S&P 500 UCITS ETF (Acc) Ticker : CSPX as being the best one.
Now right here comes the problem, I observed that the return of stated index is totally different (within the current years rather a lot decrease) than that of the index. This might be defined I assume by the variations of EUR/USD market. (I might guess that this is applicable to all European ETFs that work in EUR ?)
I used to be stunned by this since I havent seen any publish that talks about this main setback – since a ten% improve of EUR worth can wipe a ten% revenue from the index.
Are there ETFs that may be purchased in USD immediately ? Or is there any approach to circumvent that ?
I might guess not however I really feel like I’m lacking one thing .
Sorry if the publish is imprecise and thanks for any assist !