If you live in India and hold a US-listed ETF, a UCITS ETF that tracks the same index gives you the same exposure without US estate tax, and its accumulating share class pays 15% US tax on dividends inside the fund instead of 25% on your payout (see what are UCITS ETFs?). Before you sell a US ETF to switch, check the tax cost of selling in should you switch from US ETFs to UCITS?. Each page linked below lists the Irish funds that track the same index as one US ETF, and for any ticker not listed here, the US ETF → UCITS tab of the UCITS screener finds the matches.
Table of contents
Broad US market
| US ETF | What it tracks | UCITS alternatives |
|---|---|---|
| VOO (Vanguard S&P 500 ETF) | S&P 500 | UCITS alternatives to VOO |
| SPY (SPDR S&P 500 ETF Trust) | S&P 500 | UCITS alternatives to SPY |
| IVV (iShares Core S&P 500 ETF) | S&P 500 | UCITS alternatives to IVV |
| VTI (Vanguard Total Stock Market ETF) | The whole US stock market, large to small companies | UCITS alternatives to VTI |
| RSP (Invesco S&P 500 Equal Weight ETF) | S&P 500, with every company at the same weight | UCITS alternatives to RSP |
Growth and technology
| US ETF | What it tracks | UCITS alternatives |
|---|---|---|
| QQQ (Invesco QQQ Trust) | Nasdaq-100 | UCITS alternatives to QQQ |
| VUG (Vanguard Growth ETF) | US large-cap growth stocks | UCITS alternatives to VUG |
| XLK (Technology Select Sector SPDR Fund) | Technology stocks in the S&P 500 | UCITS alternatives to XLK |
Factor
| US ETF | What it tracks | UCITS alternatives |
|---|---|---|
| MTUM (iShares MSCI USA Momentum Factor ETF) | US stocks with strong recent price momentum | UCITS alternatives to MTUM |
| QUAL (iShares MSCI USA Quality Factor ETF) | US stocks with high profitability and low debt | UCITS alternatives to QUAL |
| AVUV (Avantis U.S. Small Cap Value ETF) | US small-cap value stocks, actively managed | UCITS alternatives to AVUV |
Sector and thematic
| US ETF | What it tracks | UCITS alternatives |
|---|---|---|
| SMH (VanEck Semiconductor ETF) | The largest US-listed semiconductor companies | UCITS alternatives to SMH |
| XSD (SPDR S&P Semiconductor ETF) | US semiconductor stocks, equal-weighted | UCITS alternatives to XSD |
| BOTZ (Global X Robotics & Artificial Intelligence ETF) | Robotics and AI companies worldwide | UCITS alternatives to BOTZ |
| BUG (Global X Cybersecurity ETF) | Cybersecurity companies | UCITS alternatives to BUG |
| WCLD (WisdomTree Cloud Computing Fund) | Cloud software companies | UCITS alternatives to WCLD |
| ICLN (iShares Global Clean Energy ETF) | Clean energy companies worldwide | UCITS alternatives to ICLN |
| XLE (Energy Select Sector SPDR Fund) | Energy stocks in the S&P 500 | UCITS alternatives to XLE |
| IBB (iShares Biotechnology ETF) | US-listed biotechnology companies | UCITS alternatives to IBB |
| ITA (iShares U.S. Aerospace & Defense ETF) | US aerospace and defence companies | UCITS alternatives to ITA |
| PHO (Invesco Water Resources ETF) | Companies in water supply, treatment and infrastructure | UCITS alternatives to PHO |
| MOO (VanEck Agribusiness ETF) | Agribusiness companies worldwide | UCITS alternatives to MOO |
| SRVR (Pacer Data & Infrastructure Real Estate ETF) | Data centre and telecom infrastructure real estate | UCITS alternatives to SRVR |
Bonds and commodities
| US ETF | What it tracks | UCITS alternatives |
|---|---|---|
| AGG (iShares Core U.S. Aggregate Bond ETF) | US investment-grade bonds, government and corporate | UCITS alternatives to AGG |
| PDBC (Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF) | A diversified basket of commodity futures, actively managed | UCITS alternatives to PDBC |
Note: Not every US ETF has an exact UCITS match. Where no Irish fund tracks the same index, as with actively managed funds such as AVUV and PDBC, the page lists the closest funds.
To choose between funds that track the same index, see top UCITS ETFs for Indian investors and how to find the right UCITS ETFs with the screener.
Related: What are UCITS ETFs? and Top UCITS ETFs for Indian investors
About Paasa
Paasa is a global investing platform for Indian residents and NRIs. It gives you direct access to stocks, ETFs and UCITS funds on their home exchanges across the US, Canada, the UK, Germany, France, Switzerland, the Netherlands, South Korea, Japan, Hong Kong and Singapore.
- UCITS access: Buy UCITS ETFs and UCITS mutual funds in USD, GBP or EUR lines from one account.
- LRS and FEMA handled: The remittance paperwork is prepared for you, and every INR transfer is tracked for your return.
- Tax reports: Schedule FA, capital gains and dividend reports built for Indian tax returns, included with the account.
