New iShares ETF on Xetra: Access to 500 largest US companies
New iShares ETF on Xetra: Access to 500 largest US companies
Since Tuesday a new Exchange Traded Fund of iShares is tradable on Xetra and Börse Frankfurt.
With the iShares S&P 500 Swap UCITS ETF USD (Acc), investors have access to the 500 largest listed US companies. The S&P 500 index represents the most important sectors and is considered an indicator for the development of the entire U.S. stock market.
It is an accumulating, swap-based share class with an annual cost of 0.07 per cent.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
iShares S&P 500 Swap UCITS ETF USD (Acc) | Equity ETF | IE00BMTX1Y45 | 0.07 per cent | Accumulating | S&P 500 Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,583 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.