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tim
tim
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For example looking at IE00B5BMR087 and IE0031442068 (both links in German), they seem to be very similar. Both try to track the S&P 500 in the same ways, the main difference seems to be that one is distributing while the other is accumulating.

However, there is a considerable difference in the price per share (~24 vs ~240). Why is that? And does the difference matter?

It seems to me that it wouldn't matter, because if the underlying market goes up x%, 10 shares of the 24 ETF would go up the same value as 1 share of the 240 ETF. So the only difference (apart from distributing vs accumulating) would be the restriction to only be able to purchase shares in steps of 240 at a time for the more expensive ETF. But it seems odd to me that there would be such a price discrepancy (is the distribution responsible for all of that?), so I'm wondering if I'm missing something.

For example looking at IE00B5BMR087 and IE0031442068 (both links in German), they seem to be very similar. Both try to track the S&P 500 in the same ways, the main difference seems to be that one is distributing while the other is accumulating.

However, there is a considerable difference in the price per share (~24 vs ~240). Why is that? And does the difference matter?

It seems to me that it wouldn't matter, because if the underlying market goes up x%, 10 shares of the 24 ETF would go up the same value as 1 share of the 240 ETF. So the only difference (apart from distributing vs accumulating) would be the restriction to only be able to purchase shares in steps of 240 at a time for the more expensive ETF. But it seems odd to me that there would be such a price discrepancy, so I'm wondering if I'm missing something.

For example looking at IE00B5BMR087 and IE0031442068 (both links in German), they seem to be very similar. Both try to track the S&P 500 in the same ways, the main difference seems to be that one is distributing while the other is accumulating.

However, there is a considerable difference in the price per share (~24 vs ~240). Why is that? And does the difference matter?

It seems to me that it wouldn't matter, because if the underlying market goes up x%, 10 shares of the 24 ETF would go up the same value as 1 share of the 240 ETF. So the only difference (apart from distributing vs accumulating) would be the restriction to only be able to purchase shares in steps of 240 at a time for the more expensive ETF. But it seems odd to me that there would be such a price discrepancy (is the distribution responsible for all of that?), so I'm wondering if I'm missing something.

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tim
tim
  • 195
  • 7

Does the price per share matter for otherwise similar ETFs?

For example looking at IE00B5BMR087 and IE0031442068 (both links in German), they seem to be very similar. Both try to track the S&P 500 in the same ways, the main difference seems to be that one is distributing while the other is accumulating.

However, there is a considerable difference in the price per share (~24 vs ~240). Why is that? And does the difference matter?

It seems to me that it wouldn't matter, because if the underlying market goes up x%, 10 shares of the 24 ETF would go up the same value as 1 share of the 240 ETF. So the only difference (apart from distributing vs accumulating) would be the restriction to only be able to purchase shares in steps of 240 at a time for the more expensive ETF. But it seems odd to me that there would be such a price discrepancy, so I'm wondering if I'm missing something.