UCITS Alternatives to PETRO (Falcom Petrochemical ETF)
PETRO is a popular ETF listed on the SA market. It tracks the Tadawul Petrochemical. Due to EU regulations (MiFID II/PRIIPs), European investors cannot directly purchase non-UCITS ETFs. We found 3 UCITS-compliant alternatives that provide similar market exposure.
UCITS Alternatives
3 found| ETF Name | ISIN | TER | AUM | Dist. | Replication |
|---|---|---|---|---|---|
| SimilariShares MSCI Saudi Arabia Capped UCITS ETF USD (Acc) | IE00B02KXM00 |
0.74% | €400M | Acc | Physical |
| ProxyXtrackers MSCI World Materials UCITS ETF 1C | IE00BM67HQ30 |
0.25% | €600M | Acc | Physical |
| ProxyiShares Core S&P 500 UCITS ETF USD (Acc) | IE00B5BMR087 |
0.07% | €85.0B | Acc | Physical |
About PETRO
Where to Buy UCITS ETFs
FAQ
What does PETRO track?
PETRO (Falcom Petrochemical ETF) is an ETF listed on SA that tracks the Tadawul Petrochemical. It is one of the popular ETFs in its category.
Why can't I buy PETRO in Europe?
Under EU MiFID II and PRIIPs regulations, brokers in the European Economic Area cannot sell ETFs that don't provide a Key Information Document (KID) in the local language. Most non-EU ETFs, including PETRO, don't comply with these requirements.
What is the best UCITS alternative to PETRO?
The closest UCITS alternative is iShares MSCI Saudi Arabia Capped UCITS ETF USD (Acc) (IE00B02KXM00). We identified 3 UCITS ETFs that offer similar exposure. Compare them in the table above to find the best fit.