ETF distribution amount different ?

🤝 Help
1

Good evening,

I hold an ETF which is listed on the Nasdaq exchange.

I have notifications set up on Webull as also I do on here.

The ETF announced the distribution of 0.18 cents per share on the webull app.

If I check the Trading212 the Nasdaq listed ETF which is “view only” does also show 0.18 cents per share.

However the LSE and the Borsa Italiana version of the same ETF both show a distribution of 0.17 cents.

This amounts to approx 5% of a difference in the distribution amount.

Could someone please clarify why there is a difference between the distribution amounts?

Many thanks in advance!

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2

If I understood correctly, you are speaking about:

  • An ETF listed on the Nasdaq exchange
  • An LSE and the Borsa Italiana version of the same ETF

So you are comparing both versions and asking why the different distribution?

If so, the answer seems quite simple, different versions could have differences.
The US and European ETFs have differences between them, as they aren’t 100% copies of each others.

You can see that besides the dividend amounts, they have different dates.

1 Like
3

www.justetf.com is a very good resource to check out differences and review ETFs.

1 Like
4

I will email the ETF provider directly, see how I get on with that.

5

Indeed.

However I am interested in finding out the mechanics behind exactly why the distribution is different.

I will email the ETF provider directly and see if they can provide a more detailed explanation of why there is a such a difference.

Don’t misunderstand me - I am not accusing T212 of any wrongdoing. The distribution is the same as listed on the LSE RNS.

I’m sure you can appreciate someone who likes to understand how things function, once my curiosity is peaked I can’t help it. :grinning:

6

There will be a really simple answer to this that it’s probably more beneficial if you do the research yourself. The answer is probably on justetf.com. If we go looking.

Have you checked out the distribution yields / expenses on both?

As others have also said do they have different distribution periods?

What are the ISINs?