Hi everyone,
Say I'm buying a s&p500 ETF from Europe. I can choose to buy it directly on a us stock exchange, or buy it on a local exchange.
If I buy it on a US exchange, I'll exchange euro for dollar on the purchase date and again when I sell. The same is true when I buy it on a local exchange.
Would my profits in both cases be identical? Is the only difference between the 2 which currency is used a base currency on the graphs?
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