VGT alternative Swedish/EU Index Fund or ETF?

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1

Hej,

VGT is a very famous Technology ETF with very cheap yearly fee and good growth. Since we can not invest in US/Canadain ETF, I was wondering if you guys can suggest me something similar Swedish/EU ETF or Index Fund?

VGT tracks the index called (MSCI US Investable Market Index/Information Technology 25/50). Would be nice iif anyone can point something similar.

I see a lot of mentions about Swedbank Robur Ny Teknik A and TIN Ny Teknik A but they both are actively managed fund which I try to avoid because of extra fees and be dependant on fund manager.

I am already investing in Länsförsäkringar Global Indexnära but now I also want something more towards Technology sector.

(Sorry for the English)
Thanks in advance

EDIT: removed links because I dont why but someone thought its a Spam

2

Hey! Welcome to RT! :slight_smile:

Nordnet has a few Europe focused tech ETFs - see snippet below.
On Avanza, I could only find two of them.
Might be an option amongst them?

I guess Sweden is a too small market for a specific tech ETF. Closest you get is probably the funds you mentioned, but at a significantly higher cost.

Hope that helps! :slight_smile:

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4

Sorry I think my question was not clear enough.
I dont want european tech companies ETF/Fund, what I want is ETF/Fund that is available to buy in Nordnet but tracks MSCI US Investable Market Index/Information Technology 25/50 or similar US/World Technology Index

5

I had a quick look and found among others the following two with a low fee. The market is currently closed, so I can’t check spread levels. I did not find any marked IMI (if you especially wanted that). Top 10 holdings are very similar between the two.

Xtrackers MSCI USA Information Technology UCITS ETF 1D (XUTC)
Tracks MSCI USA Information Technology index.
Distributing.
Fee 0,12%

iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (QDVE)
Tracks S&P 500 Information Technology Index
More traded, which suggests a lower spread.
Accumulating.
Fee 0,15%

1 gillning
6

Ah, ok, misunderstood.
Search Nordnet to find the US focused tech ETF.
My impression is that there are more ETFs on Nordnet than Avanza, for some reason. Good luck :slight_smile:

1 gillning
7

Thanks for those QDVE looks intresting and its also Accumulating with good fee.

Although I found another (XDWT) which seems more diverese because it tracks MSCI World Information Technology Index and the fee is 0.25% (0.10% more than QDVE).

However 3-5 year return of both ETFs are quite similar, so now I am thinking should I go with the one with lower fee (QDVE 0.15%)? or the difference will be much lower to make any significiant impact and should choose the more diverse option?

8

Both should be okay, small differences. The global one is still 85% US so I would probably have picked the US one.