Hi,
I'm looking at the current price of two different Vanguard products
1) VANGUARD S&P500 trading on the LSE in USD (symbol/ISIN - VUSD / IE00B3XXRP09)
Current price is $52, -1.73% today
2)VANGUARD S&P500 (symbol/ISIN VOO / US9229083632)
current price $263, +11.3% today
In my simple mind, these are both tracking the same index, why is there a variance in the gain? That is 13% difference on the day. I would have thought they would similar gains bar small % differences due to fees.
Any helpful learnings welcome.
J
I'm looking at the current price of two different Vanguard products
1) VANGUARD S&P500 trading on the LSE in USD (symbol/ISIN - VUSD / IE00B3XXRP09)
Current price is $52, -1.73% today
2)VANGUARD S&P500 (symbol/ISIN VOO / US9229083632)
current price $263, +11.3% today
In my simple mind, these are both tracking the same index, why is there a variance in the gain? That is 13% difference on the day. I would have thought they would similar gains bar small % differences due to fees.
Any helpful learnings welcome.
J