“The fund has a high secondary market liquidity which translates into narrow spreads and low trading costs, which in turn help to reduce the total cost of ownership of the fund,” Gardner added. “Another attractive feature is the tight tracking of the fund; on an annualized basis, the iShares S&P 500 has less than one basis point tracking difference after costs.”
The Europe-listed iShares S&P 500 is the continent’s third largest ETF and most traded European ETF that provides exposure to the U.S. equities market. The ETF is listed on the London Stock Exchange, Deutsche Borse, Borsa Italiana, Euronext and the SIX Swiss Exchange. [Global ETFs Gather Record Q1 Inflows]
For more information on ETF fund flows, visit our ETF performance reports category.
Max Chen contributed to this article.