Why return of SPY:AU ETF from ASX is far less than S&P500 return

  1. 32 Posts.
    lightbulb Created with Sketch. 4
    SPY EFT is tracking S&P500 return.

    S&P 500 almost reaches historical high at 3372 point.

    Why SPY:AU ETF is only $473.16 compared with historical high of $510? IT IS ALMOST 7.25% difference.




 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.