This ETF expense ratio is ten basis points cheaper than the Invesco equivalent EQQQ which is one of the popular ETFs on the platform.
Xtrackers NASDAQ 100 UCITS ETF 1C aims to reflect the performance, before fees and expenses, of the NASDAQ-100 Index.
https://etf.dws.com/en-gb/IE00BMFKG444-nasdaq-100-ucits-etf-1c/
Xtrackers Nasdaq 100 UCITS ETF 1C ISIN IE00BMFKG444, Ticker XNAQ - NAV GBP 23.73 (Expense Ratio 0.20% p.a.)
Invesco EQQQ Nasdaq-100 UCITS ETF ISIN IE0032077012, Ticker EQQQ - NAV GBP 252.02 (Expense Ratio 0.30% p.a.)
iShares Nasdaq 100 UCITS ETF (Acc) ISIN IE00B53SZB19, Ticker CNX1 - NAV GBP 589.54 (Expense Ratio 0.33% p.a.)
Not only XNAQ is cheaper in terms of expense ratio, it’s unit cost (NAV) is also lowest (GBP 23.73 on Mar 23, 2023).
This means one can use this ETF for pound cost averaging.
Please add XNAQ to Freetrade
We also need to increase competition between ETF providers.
+1 for XNAQ
This is definitely better than other NASDAQ ETFs because of low minimum amount required for investing
and lowest TER as well